How can finance become a more professional and beneficial industry? November 1, 2017 | City Talk The “Future State of the Investment Profession” study explores ‘Four States for the Relationship between Investment Management and Society’. These four states, which are described on page nine of the executive summary, consider the possible evolution of the investment management sector depending on whether the benefits generated accrue to the industry or to society [...]
Cohabiting couples: Don’t get caught out November 1, 2017 As fewer couples choose to tie the knot, it’s clear that marriage is no longer widely seen as the be-all-and-end-all to a relationship. Instead, many couples are opting for the cohabitation route – as sexy as that sounds. Figures from insurance giant Zurich estimate that there are more than 400,000 cohabiting families in London alone. [...]
Electoral Commission opens investigation into Brexit donor Arron Banks November 1, 2017 The Electoral Commission has opened an investigation into Leave donor Arron Banks. The probe will look into whether Banks breached spending rules during the EU referendum campaign. Banks told Sky News that the decision was politically motivated. Read more: Donor Arron Banks cuts ties with Ukip In October, the Electoral Commission fined a number of [...]
Credit Suisse’s ex-digital chief Marco Abele launches ICO (initial coin offering) for blockchain-based investment co-sharing platform Tend November 1, 2017 The former digital chief of Credit Suisse is launching a blockchain-based investment platform that lets people share ownership of “experiential” assets such as artwork or a classic car, and is seeking to raise funding for the startup via an initial coin offering (ICO). Marco Abele, who left the investment bank this summer, is offering investments [...]
7 dive watch myths debunked November 1, 2017 | City Talk The most popular of watches, the dive watch has a universal appeal and holds a reputation of adventure and masculinity. However, in recent years it feels as if the notion of a dive watch has been misunderstood, a lot of this misconception comes from watch marketing and the silver screen. What a dive watch actually [...]
Pound sterling rises as UK manufacturing PMI increased more than expected in October, adding to expectations of an interest rate hike (GBPUSD) November 1, 2017 The UK’s manufacturing output increased more than expected in October, a closely-watched index has shown, adding further fuel to expectations of an interest rate hike tomorrow. IHS Markit’s purchasing managers’ index for the manufacturing industry rose to 56.3 in September, against expectations it would stay flat on last month’s 55.9. Any figure above 50 shows [...]
How to Boost the Visibility of Your Mobile App November 1, 2017 | City Talk The mobile app market is a massive and monstrous marketplace where the number of annual app downloads is forecast to top 200 billion in 2017, up from 82 billion in 2013. Research from Gartner expects app downloads will soar to 269 billion in 2017, up from 102 billion in 2013. 451 Research reminds that there [...]
Bitcoin price hits another record all-time high breaking $6,500 November 1, 2017 Bitcoin’s upward streak continues: the cryptocurrency’s price has once again set a record. After breaking the $6,400 mark overnight it’s continued to climb and cracked $6,500, this morning reaching $6,522 at pixel time. News of plans for bitcoin futures had already pusheed it to new highs yesterday. US-based exchange operator CME Group said it hopes [...]
Vinyl countdown: Sainsbury’s has launched its own record label to take advantage of the record revival November 1, 2017 Have we just reached peak hipster? Sainsbury’s has launched its own record label in an effort to capitalise more on the vinyl revival. The supermarket said it will launch two compilation albums on its new Own Label imprint, which will be released via Universal and Warner Music on Friday. The first of the two albums, [...]
Next’s (NXT) sales return to growth with strong online performance November 1, 2017 Next sales returned to growth last quarter, bolstered by the retail chain’s online division. The figures In the quarter to 29 October, Next’s retail sales fell 7.7 per cent, but its directory sales, which includes website and catalogue sales, jumped 13.2 per cent. Total sales for the period rose 1.3 per cent. For the year [...]