7IM is kicking the passive trend to focus on active managers, saying the time of quantitative easing “easy money” is coming to an end January 29, 2018 Seven Investment Management (7IM) has bucked the trend of moving towards passive investing, increasing its focus on active managers as it says the time of “easy money” has come to an end. The firm believes that quantitative easing, where the government buys assets to stimulate the economy, has created a “flood of money” which has [...]
Boss of British Airways owner IAG Willie Walsh urges end to delay on 10-year Chinese visas to boost post-Brexit ties January 29, 2018 Willie Walsh has written to home secretary Amber Rudd saying it needs to be easier for Chinese visitors to visit the UK, warning that Britain will miss out on the economic boost brought from Chinese investment and affluent tourists. The boss of British Airways parent firm IAG has urged the government to introduce a new [...]
GDPR spurs Facebook too publish “privacy principles” and education campaign January 29, 2018 Facebook is doubling down on a privacy drive with the publication of “principles” ahead of the roll out of tough new laws in Europe. The tech giant, which is currently under scrutiny over its reach and power, has for the first time explicitly outlined its stance on data privacy with seven key principles and the [...]
Manchester City and Arsenal deals for Aymeric Laporte and Pierre-Emerick Aubmeyang set to take Premier League’s January spending to a record £300m January 29, 2018 Premier League clubs are on course to set a new record for January spending, with two days of the winter window still remaining. Arsenal’s expected £53m signing of Pierre-Emerick Aubameyang from Borussia Dortmund and Manchester City’s imminent £57m deal for Athletic Bilbao’s Aymeric Laporte are set to take the combined gross spend for England’s top [...]
Industry leaders warn the City of London is poised to miss out on the UK’s biotech boom January 29, 2018 The UK's biotech industry was thrown into the spotlight last week with a series of reports boasting of the sector’s successes. The BioIndustry Association (BIA) on Thursday declared Britain’s 2017 pipeline of biotech treatments the strongest in Europe. Meanwhile the London Stock Exchange cheered the 20 per cent rise in funds raised for the wider [...]
Petra Diamonds share price (PDL) rocked as the miner slashes full-year forecasts January 29, 2018 Shares in Petra Diamonds have tumbled as much as 20 per cent today as the company cut its full-year earnings expectations after it was dealt a number of blows in the first half of the year. Petra slashed its guidance on full-year earnings before interest, tax, depreciation and amortisation (Ebitda) by 10 to 15 per [...]
European Commission says it will act “swiftly and appropriately” over Trump’s tariff threat January 29, 2018 The European Commission has fired a warning shot over US President Donald Trump’s veiled threat of a trade war, saying it will react “swiftly and appropriately” to any change in trade measures. During an interview with ITV’s Piers Morgan last night, Trump said he’d had “a lot of problems with the European Union, and it [...]
Global MBA rankings 2018: The best places to study in the UK January 29, 2018 Cambridge has fallen out of the top 10 best places to study for an MBA, leaving just one location in the UK – London Business School – among the very best in the world. University of Cambridge: Judge fell from fifth last year to 13th in the Financial Times' annual global MBA rankings. London Business [...]
Northern Line passengers to get quicker and more frequent journeys as TfL boosts services on busiest London line | City A.M. January 29, 2018 Transport for London (TfL) said today over 200,000 Northern Line passengers will benefit from quicker and more frequent trips as it boosts its high frequency services. From today, 225,000 commuters will benefit from a new timetable which will see TfL doubling the length of its highest frequency “evening peak” services in the central London section [...]
Early Man film review: Aardman Animations returns to its roots with this prehistoric football fable January 29, 2018 Aardman Animations, creator of beloved duo Wallace & Gromit, rarely puts a plasticine foot wrong. Its stop-motion shorts featuring a northern inventor and his indefatigable hound are classics for the ages, destined to be repeated every Christmas from now until the fiery end of days, passed from adoring parent to amazed child. Then came [...]