An adrenaline rush every morning will relieve stress and boost your energy, according to new research February 5, 2019 Businesses are constantly searching for innovative ways to encourage creativity, boost productivity, and reduce stress among their employees – all factors that we know impact a company’s bottom line. We also know that implementing strategic change in companies of scale takes time. So what if there were a simple shortcut to achieving these outcomes? We [...]
Shares in Gama Aviation dive after it reveals nearly $8m accounts overstatement February 5, 2019 Shares in Gama Aviation fell nearly 19 per cent this morning after it announced it had made a nearly $8m (£6.14m) overstatement in its accounts . The company said it had received two overpayments in error from its US associate Gama Aviation LLC for $5.75m and $2m in June 2018 and December 2017 respectively. Read [...]
Weathering the storm: City expects minimal Brexit impact on jobs February 5, 2019 The number of City jobs expected to move overseas in the event of a hard Brexit has fallen to just 2,000 – according to the latest survey of financial institutions. A Reuters study also suggests that investment banks are planning to increase their London headcount. In September, the Reuters survey showed that 5,766 jobs would [...]
Odeon director Welch joins Hammerson board February 5, 2019 Shopping centre landlord Hammerson has appointed Odeon director Carol Welch to its board. The move, which comes as Hammerson embarks on a radical overhaul of its business, follows on from last week’s announcement that former Argos boss Terry Duddy was stepping down from the board in the wake of his new role at Debenhams as interim chairman. [...]
Sterling falls with UK economy ‘at risk of stalling’ as services enter slowdown February 5, 2019 The UK service sector lost momentum last month as incoming new work fell for the first time since July 2016, leading to warnings that the economy is close to stalling. Business activity remained flat in January but fears over the UK’s economic outlook led to a reduction in new employment numbers for the first time [...]
Two Barclays employees killed in Italian avalanche February 5, 2019 Barclays confirmed today that two of its employees were killed in an avalanche in the Italian Alps on Sunday. Matt Ziegler, 43, an in-house lawyer at Barclays, and Katherine Clarke, 39, a director in Barclays private bank and overseas service, were among four people killed in the avalanche on Sunday. A spokesperson said in a [...]
Italy, France and Germany suffer in January as Eurozone services output declines to five-year lows February 5, 2019 Italy’s service sector saw a drop in business activity and jobs in January, while Germany and France also suffered as the Eurozone’s economic woes continued. Business activity in the Italian services sector fell as international demand declined for seventh consecutive month. The pace of new order growth eased from December, just above November’s 45-month low, [...]
High end hostel operator Safestay’s expects revenue to surge amid demand from ‘digital generation’ February 5, 2019 One of Europe’s leading hostel operators saw its share price jump this morning after saying that it expected full-year revenue to soar in the wake of demand from young backpackers. Safestay, a high-end hostel owner listed on London’s Alternative Investment Market (Aim), is forecasting a 39 per cent rise in total revenues to £14.6m in the 12 months [...]
Indivior share price dives on US court defeat which could hit sales hard February 5, 2019 Pharmaceutical company Indivior’s share price crashed 17 per cent this morning after a US court ruling opened the way for rivals to sell a generic version of its opioid addiction treatment drug in the US. Shares fell from 113p last night to 93p this morning following the decision. The US Court of Appeals for the Federal [...]
City broker Numis warns trading performance hit by Brexit uncertainty February 5, 2019 City broker Numis warned today that Brexit has negatively affected its trading performance in the first four months of the financial year ahead of its annual general meeting (AGM) this afternoon. Shares were down more than six per cent this morning as the firm revealed it had completed 25 per cent fewer deals compared to [...]