The Blog

2013 – Some say it will be good for buyers, some say it will hard to find office tenants. Some say there will be more retail failures, some say central London residential will continue to flourish. Many say they wish the banks would lend more but we all know they won’t. A few say that

Danny Alexander says that Starbucks should pay more tax as a matter of obligation not option. George Osborne says that he is putting more money into HMRC to provide resources to fight avoidance and evasion. They play to the populist gallery that also supports those who picket Starbucks, but ministers supporting mob hysteria is no

European Credit Conference on Thursday included an impressive performance by Peter Orzsag talking about the impending US Fiscal Cliff. Peter was Federal Budget Director in the first years of the Obama presidency so has substantial “Washington insider” credentials. His analysis is that there are feasible compromise solutions which deal with the 3 problem areas –

  The Borrower’s proposals for restructuring Grand (the €5.8bn securitisation of Deutsche Annington) seem likely to go through. The proposals offer something for everyone but much more for some than for others perhaps those inequities are part of the rough and tumble of commercial compromise. But the proposals also raise some issues that will not