UK Govt teams up with London Stock Exchange to promote Tech City

Tineka Smith Published 20 September 2012

Government sets up initiative to make Britain a more attractive place for entrepreneurs and high-growth companies.

Included in the proposals will be a new way to the UK IPO market for high growth companies.

This new route to the UK IPO market will have reformed rules on eligibility, free float and reporting requirements. These reformed rules are to ensure that the needs of internet and technology companies in particular are met.

"There is a direct and proven link between IPOs and job creation," said Xavier Rolet, London Stock Exchange Group Chief Executive.

"Attracting both entrepreneurial businesses and the investors that support them to the UK is key to driving growth and generating jobs. We are delighted to be working on this package of measures with the UK Government."

The Government aims to give European mid-sized high growth companies which are currently underrepresented on the UK's public markets.

"We need to ensure that companies starting here can be properly funded," said David Willets, Minister for Universities and Science.

"There is a rich crop of innovative European high-tech companies that will be going to the financial market over the next few years. We're determined to make sure that as many as possible should do and IPO and float in the UK, not elsewhere."

Willets is optimistic about the new route to market bringing new investment to London coming months. President Obama's Jobs act streamlined the regulatory headache for growth companies listing on US public markets. The Government's new proposals now can make the UK an equally competitive listing destination for high growth companies.

Neil Reimer of Index Ventures says it's important to support and encourage companies to stay in Tech city rather than sell to American companies. He says it's important to create a climate where tech companies want to come to Europe as much as the United States.

"It's great news for entrepreneurs everywhere that London is stepping up and not just being a great place to start a company but to build huge sustainable businesses," said Reimer. "Our hope is that today?s good news from Downing Street will encourage more high-growth companies created in Europe to go big and stay home."

The Government will also be looking into current regulatory rules that many be discouraging investors from funding growth companies; as well as working with London Stock exchange to broaden the availability of equity capital for UK and businesses abroad who want to make the UK their global headquarters.

Those supporting the growth of Tech City hope a lot more European companies will IPO in London and not "sell out" as soon as an American giant comes knocking.

"We need to create digital companies who end up on the buy side and not sell out," said Stefan Glaenzer, co-founder of Passion Capital. "An IPO is not a sell out; it's the beginning of the next phase."

Please follow this author on Twitter @Tineka_S or comment below.

Source: http://itservices.cbronline.com/news/uk-govt-teams-up-with-london-stock-exchange-to-promote-tech-city-200912

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Market Your Business Online With These Easy Tips | Sem Road Show

Internet marketing has been recommended for its popularity and success, but it can be intimidating and daunting for some. Like anything, internet marketing is much easier to implement if you have the right information. This article contains a number of tips to help you use internet marketing effectively.

Make your ad into an article. It can be any kind of an article as long as it is relevant to your product. This method will entice the reader to read without them knowing that it is actually an ad. You do this and your reader will already be interested in the product you are marketing by the time they are done reading.

A serious marketing business should also blog. Blogging on the internet is an excellent way to make your products known to a wider audience. If you don?t feel that you?re a good writer, hire someone to do this for you. This will help you to build more traffic to your website. Time is valuable to people. Make sure you?re not sending out a bunch of useless emails to your subscribers. The more often you send emails, the more likely they are to unsubscribe. Instead pick a day each week (or every other week) and only send emails on that day unless it?s important.

When you send an order confirmation email, include a coupon code for a nice discount if the customer makes another purchase within the next 30 days. This encourages repeat business and gets them in the habit of returning to your website more often. A future discount cost you nothing unless you make another sale and it builds good will in the process.

When you are attempting to market a product or business using a website, it is important that you be constantly adding new content to the site. The newer your relevant content, the higher your search engine rankings for those keywords. Also, new content will draw repeat visitors to your site, who are then more likely to buy your product.

Niche markets are very important in Internet marketing, but you also need to make sure that you?re tapping into an active market. During periods of recession like the one we?re in now, some markets will completely dry up, and even catering to the most specific branch of this market is going to be a failing venture.

Admit that your website needs updating. No website is perfect, and chances are good that if you designed it yourself, it?s pretty terrible. Find out your website?s flaws and fix them. The easier your website is to look at and the easier it is to navigate, the more people will visit and stick around.

If you want to increase the visits to your site, offer something free. People love to get something in return, so offer free e-books or discounts for logging onto your site. This will not only help the traffic at your site, but will increase the loyalty and credibility towards your page.

In summary, there is a lot of information on the Internet to sort through and determine what is legitimate. Hopefully you not only found this resource useful but you learned something new about internet marketing. With the tips that we provided and some self motivation, you should not be far off from being an expert.

Find out more articles that tackles on how crucial and important are social media for small business online marketing.

Source: http://semroadshow.com/search-engine-marketing/market-your-business-online-with-these-easy-tips

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Source: http://www.kazor.com/2012/09/cms-help-you-to-control-manage-your-website/

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Louvre Museum unveils Islamic Art wing

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Video: Cyber Attacks on Big Banks

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Source: http://video.msnbc.msn.com/cnbc/49104474/

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In protests, Mao holds subtle messages for Beijing

BEIJING (AP) ? The face of dissatisfaction with China's Communist Party is the face of the man synonymous with it: Mao Zedong.

Portraits of the revolutionary leader often led packs of demonstrators in protests over Japan's effort last week to bolster its hold on islands claimed by China. Many were hoisted by people born after his death 36 years ago.

Mao, widely revered by Chinese and praised by Communist Party leaders, is supposed to serve as a unifying symbol, but it often isn't so.

To some he represents a condemnation of corruption and inequality under a government that long ago abandoned his radical policies. More frequently this week, his image was a subtle slap by nationalists who accuse leaders of being too weak in the territorial dispute.

"Mao Zedong was tough. He never backed down when it came to the national interests," said Lu Lei, a Beijing salesman who went to the Japanese Embassy with his friends to protest Tuesday. "Our current government is spineless. If Mao were alive, we would have already attacked Japan."

Mao has become a safe way for Chinese to criticize a government bent on stifling dissent. His giant portrait still looks out to Tiananmen Square in the heart of Beijing, and his name is etched into the country's constitution and the party's charter, even if his ideology has been abandoned in practice.

His image has rarely been displayed in such numbers as during the protests this week. Rows of his portraits floated through the parades ? often in the company of a sea of red flags ? in an eerie resemblance to the scenes from the fervent days of the Cultural Revolution when Mao was worshipped as a god.

Behind the scenes of the angry protests that rippled across more than two dozen cities this week runs an undercurrent of grievances, many of them critical of the government.

Protesters held up signs that touched on broader social issues such as corruption, food safety and the widening gap between poor and rich. Some protesters even joked that urban code enforcers ? resented by the Chinese public for their brutality against unlicensed street peddlers ? should be sent to fight the Japanese military.

Those messages mixed with anti-Japanese slogans on a rare occasion where the government tolerated and at time abetted public demonstrations.

"This movement has multiple purposes. Nationalism is only part of the protests." said Zheng Yongnian, director of the East Asian Institute at the National University of Singapore. "More people are angry about the current government, and they wanted to use this opportunity to vent."

The government, normally inclined to crush protests, allowed these of public anti-Japanese fury to gain leverage in its latest tiff with Tokyo over small uninhabited East China Sea islands called the Senkaku by Japanese and the Diaoyu by Chinese.

Japan controls the islands and purchased them from their private owners last week, thwarting plans by Tokyo's nationalistic governor to buy and develop them. China responded with furious rhetoric.

Both countries have sent patrol ships to the waters surrounding the islands, and there is no sign of progress in resolving the dispute between the two Asian economic powerhouses.

Allowing the protests, however, carries risks for China, as protesters can bend the intended message. They sent a quiet critique with a sign seemingly hard for the government to quarrel with: "Chairman Mao, we are missing you very much."

After his death in 1976, Mao was much criticized for radical excesses in which tens of millions killed and persecuted in mass movements. Laid-off workers, however, eventually began parading his portrait at protests as a plea for more egalitarian policies.

Mao first became a protest icon about a decade ago during mass layoffs that accompanied privatization of state industries. Social injustice, corruption and a yawning rich-poor gap have only worsened since and were themes amid the anti-Japan protests.

Many Chinese are worried about the chairman's re-emergence on the scene. His most ardent supporters tend to be stridently nationalistic and advocate an authoritarian populism. Some protesters called for the release of Bo Xilai, the disgraced politician and a populist who was ousted from the leadership in a political scandal.

Wang Zheng, a Beijing teacher who has been detained for her support of Bo, said the public remembers Mao as a resolute man who showed no ambiguity on sovereignty issues.

"Our government has been spineless on many things ? Diaoyu being one of them," she said. "The diplomatic protests are meaningless when they are not backed with actions. The government has behaved the same year after year, making the public more nostalgic about Mao."

Some protesters employed other methods to use the outrage against Japan as a jumping-off point to deliver other messages.

In Beijing, some held up signs saying they would be willing to eat unsafe food to reclaim the islands. Food safety is a big public concern in China.

In Changsha, a small group of protesters at an anti-Japan rally held up a hand-written sign calling for the ouster of corrupt officials. Some of them wore mouth covers marked with an "X."

"That means we cannot freely speak our minds," local protester Wu Qingjun said.

Wu said his group did not catch police attention, but the rights group China Human Rights Defenders reported at least three cases when activists were taken away.

It said Jiao Guobian, a former college teacher, was arrested on Sept. 12 on suspicion of "inciting subversion of state power," allegedly for saying the government should have kept an eye as close on the islands as it does on dissidents.

Source: http://news.yahoo.com/protests-mao-holds-subtle-messages-beijing-083841730.html

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Beans, metals fall on worries about China slowdown

More signs of slower economic growth in China are creating worries that the world's second-largest economy may curb its huge appetite for commodities.

HSBC Corp. said Thursday that a preliminary survey of purchasing managers showed China's manufacturing sector continued to slow in September but the pace of the slowdown appeared to be stabilizing.

Separately, financial data company Markit said its purchasing managers' index for the 17 countries that use the euro currency declined more than expected in September. That indicates Europe appears headed for a deepening recession. Europe is China's biggest export market.

China is a huge importer of raw materials such as copper, oil and coal for use in its manufacturing sector. It also has been importing huge quantities of U.S. soybeans to help feed its population. If China's economy continues to slow, traders are worried that demand will drop, analysts said.

Copper for December delivery fell 5.5 cents to finish at $3.759 per pound, October platinum dropped $16.50 to $1,623.90 per ounce and December palladium decreased $11.95 to $661.10 per ounce. December gold fell $1.50 to end at $1,770.20 per ounce and silver rose 9.4 cents to $34.682 per ounce.

November soybeans fell 50.75 cents, or 3 percent, to end at $16.1875 per bushel, its second hefty decline this week. The price dropped 70 cents Wednesday after early reports of crop yields from some states showed a better-than-expected harvest.

Mike Zuzolo, president of Global Commodity Analytics & Consulting LLC, said Thursday's decline occurred because of expectations that soybean demand is going to be "harder and harder to come by as China slows down more and more."

December wheat fell 2 cents to finish at $8.795 per bushel and December corn fell 10.5 cents to $7.46 per bushel.

In energy trading, benchmark oil fell 11 cents to end at $91.87 per barrel, heating oil rose 5.35 cents to $3.0975 per gallon, gasoline increased 7.54 cents to $2.904 per gallon and natural gas ended up 3.5 cents at $2.797 per 1,000 cubic feet.

Source: http://news.yahoo.com/beans-metals-fall-worries-china-slowdown-192909964--finance.html

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