The Sunday Times and Croissants 2nd December – Osborne in new tax raid on wealthy

The Sunday Times and Croissants 2nd November

There is something special about Sunday morning, the Sunday Times, hot croissants with honey and butter, excellent.
Headlines – Osborne in new tax raid on wealthy – makes the headlines – as the coalition policy barter continues. The Chancellor has succumbed to pressure from Nick Clegg. Tax the incomes of the better off – cap welfare benefits, the policy straddle. Is this the Autumn statement or “The Winter of Our Discontent?” Wednesday will be an interesting day, More policy “Deformed, unfinished, sent before his time into this breathing world, scarce half made up”.

The army chiefs have got the cost saving message - “The army shuts down for Christmas”. The British Army has been ordered to “work from home” in an attempt to cut gas and electricity bills over the holiday period. Excellent We will fight them on the beaches and in the back garden, with the kids – very Churchillian!

David Smith, warns “Osborne needs to give business a good push.” Manufacturing, construction and investment need a boost from the Chancellor’s statement next week. David Smith has been spending time with the CBI and the EEF. Osborne is open to criticism that he is merely tinkering as the economy deteriorates, says the Economics Editor. “Give businesses some red meat to chew on, or the blue chip champions will join in with the criticism”. It is a clear – better red meat than dead meat warning – to the Chancellor.

Economics news, this week, great excitement, Mark Carney is appointed as the next Governor of the Bank of England, plus little change in the second estimate of Q3 GDP. Other new suggests the economy is becalmed, awaiting a policy boost. More from The Saturday Economist including our “Where is Canada anyway?” presentation.

Back to the day job – Monday – team meeting in the morning, in the afternoon a good meeting with PushOn to review progress on the new pro.manchester web site. Looks cool.

Tuesday, lunch with Alan Rigby and Martin Tighe from HSBC, great chance to catch up on the strong international banking message. HSBC clearly open for business and a pathway to Far Eastern export promise.

In the evening another in the Duff & Phelps Economics Dinners series. Good session at the Restaurant Bar and Grill.

Wednesday – Russell Brown from Glaisyers in the office, dealing with HR issues, Maggie McCarthy calls in to discuss some possible video shoot, in the afternoon a visit to Lambert Smith Hampton, Peter Skelton leads on a presentation of the GM Office market review 2012. Excellent report.

Thursday – Stephen Chalcraft from Pannone is in the office to discuss the property group progress following the slotting presentation earlier this year. The LSH Office Market review could feature in the February programme.

In the evening, excellent Deloitte retail dinner with a good panel session. Alan White, Angela Spindler, Paul Gilbert – Matalan and Jonathan Wall – Shop Direct Group are hosted by Myles Duckworth from Deloitte. I sit with Paul Lupton. The IP Chairman is hosting a table and facial hair.

Friday, meeting in the morning to review the Conference marketing programme. The soft campaign begins next week. We have a great conference planned a cross between Newsnight and Question Time. It will be a great event.

Saturday, working in the morning, the day starts as usual with tea, the FT, and the Economist app. The Economist leads with “Survival of the Biggest” battle of the internet giants. Amazon, Google and Apple feature.

In the afternoon, tennis, a friendly game of doubles, produces a two set win. Followed by a 3 – 6 singles set back. Finish in time to see the All Blacks humbled – excellent.

Hope all is well, more news next week,
John

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