The seedy Presidents Club fundraiser that forgot what year it is January 25, 2018 Corporate Britain has been working hard in recent years to tackle gender imbalance. The business case for genuinely diverse executive boards is well established and any company worth its salt is ensuring that its pipeline of executive talent is broad and inclusive. Meanwhile, when it comes to those who are just starting out in their [...]
UK’s biotech sector raised twice as much through IPOs in 2017 than 2016 January 25, 2018 The UK’s biotech industry ended last year with a bang, having raised more than twice as much money through initial public offerings (IPOs) in 2017 than the previous year. A report published today by the BioIndustry Association (BIA) and data firm Informa Pharma Intelligence found IPOs by UK biotech companies raised £234m last year compared [...]
The digital nomads: How to pack a suitcase and start a new life working from abroad January 25, 2018 Who among us hasn’t dreamed of jacking in their day job to trade forex from a laptop in Malibu or open a beach bar in Thailand? You might have read The 4-Hour Work Week by Tim Ferriss and asked why you haven’t yet “escaped the nine-to-five to live anywhere and join the new rich”. I [...]
It’s time for London to look beyond Brexit and focus on a decade of Asian engagement | City A.M. January 25, 2018 As the UK is dominated by domestic politics and Brexit news, it is easy to lose sight of priorities in other global markets. I have the advantage of spending half my time in Asia, and this engagement brings a helpful perspective. By 2025, the region is expected to contribute to 45 per cent of global [...]
Arsenal 2, Chelsea 1: Gunners over Sanchez saga, says Wenger, after they reach Carabao Cup final January 24, 2018 Arsenal 2, Chelsea 1 (Aggregate 2-1) Arsenal manager Arsene Wenger believes his team have put the Alexis Sanchez saga behind them after they overcame Chelsea to reach the Carabao Cup final. The Gunners fought back after conceding an early Eden Hazard strike, with an Antonio Rudiger own goal and Granit Xhaka scoring to set up [...]
Chris Tremlett: Whitewash Australia and England will feel they have long-term psychological edge over their rivals January 24, 2018 If England can win the two remaining one-dayers and whitewash Australia in their own backyard then they will believe they have the psychological edge over their rivals. Never before have Australia suffered a 5-0 defeat in a bilateral one-day series on home soil and it would be deeply embarrassing for them, but the message it [...]
Sage share price sags after French troubles disappoint investors January 24, 2018 Sage investors were delivered a blow today after sluggish French performance hit quarterly returns. The accounting software giant was the FTSE 100’s biggest laggard, with shares falling almost eight per cent. Organic revenue growth was 6.3 per cent, recurring sales rose seven per cent. “France continues to significantly underperform relative to the rest of the [...]
Cineworld’s Regal acquisition could be in trouble as influential group ISS advises shareholders to vote against the deal January 24, 2018 Cineworld’s $3.6bn (£2.5bn) offer for the Regal cinema chain in the US could be in trouble, as influential shareholder group ISS has advised investors to vote against the deal. In a voting recommendations document seen by City A.M., ISS said a vote against the proposed acquisition “is warranted based on the significant financial and operation [...]
Top London Stock Exchange Group (LSE) activist investor Sir Chris Hohn says takeover from US rivals is on the cards January 24, 2018 The hedge fund manager who pushed for the removal of the chair of the London Stock Exchange last year believes the firm is ripe for a US takeover, according to reports. Sir Chris Hohn, manager of The Children’s Investment Fund (TCI), told investors that consolidation in the exchanges sector was inevitable, according to Sky News. [...]
Presidents Club to close after groping scandal at men-only event January 24, 2018 The Presidents Club has announced it is shutting down following accusations of sexual harassment at a men-only charity dinner. A statement issued by the organisation this afternoon said: “The trustees have decided that the Presidents Club will not host any further fundraising events. Remaining funds will be distributed in an efficient manner to children’s charities [...]