Don’t let the migration target millstone drag back the British economy August 24, 2018 Missed targets are often cause for concern and embarrassment for the ministers involved. In the case of immigration, however, it should be celebrated. Net immigration from the EU has fallen to its lowest level in more than five years, at 87,000 in the year to March, the Office for National Statistics said yesterday. Yet a [...]
Empathetic listening: A six-step guide August 24, 2018 | City Talk Empathetic listening means paying attention in a caring manner. It encompasses compassion, feeling, insight, and emotional identification and helps us understand where the other person is coming from before we react. Emotional connection shows someone we grasp how they feel. And it is critical to financial advice today. As human financial advisers compete with passively [...]
Tech titans bed down in London: Why Brexit won’t be bringing about a ‘techxodus’ any time soon August 24, 2018 Brexit has generated investment uncertainty for many companies, but not – it would seem – for the US tech giants opening the throttle and splashing out on multi-million long-term property deals in London and creating thousands of jobs. Facebook, Google, Snap and Apple have firmly quashed the notion that the UK’s exit from the EU [...]
Dragons’ Den tycoon to sell a substantial stake in his £350m health and leisure business August 23, 2018 Former Dragon's Den investor Duncan Bannatyne is shopping around a "substantial" minority stake in his hotel-to-gym empire, which could value the business at £350m. Two years on from an abandoned flotation of the business, Bannatyne has hired DC Advisory to attract entrepreneurs towards his health and fitness chain Bannatyne Group, Sky News first reported. The group itself [...]
Brexit papers draw battle lines for no-deal scenario August 23, 2018 The government today warned businesses in financial services and beyond of the complicated processes and extra costs they may face in a no-deal Brexit, as it published the first in a barrage of technical notices to prepare for the scenario. The government today published technical notices covering the possible consequences of the UK leaving the [...]
Trump predicts stock market crash if he were to be impeached August 23, 2018 US President Donald Trump today suggested his impeachment would cause the stock market to crash. In an interview with Fox & Friends, Trump warned against any attempts to remove him from power. "If I ever got impeached, I think the market would crash. I think everybody would be very poor," he told Fox News this [...]
Opinion: Young families are moving out of London at an alarming rate but they may regret it in a few years time August 23, 2018 Young families in their 30s moving out of London escaping the rat race in search of better value, more space and good schools is nothing new. However, what is surprising is the rate at which this exodus in increasing. Net migration out of the capital – people moving out minus people moving in – was [...]
Chinese behemoth Alibaba hails significant revenue hike, despite profit blip August 23, 2018 Alibaba today bolstered its position as China’s largest online retailer, revealing revenue growth of 61 per cent for its first quarter. The group published an income of 80.9bn yuan (£9.2bn) in the three months ending June, marginally ahead of forecasts, and an increase in customers on the Taobao shopping platform as 576m people flocked to the website and app, up four [...]
Professional indemnity insurance is a must, as you’re bound to make a mistake in business August 23, 2018 As professionals, we all make mistakes. Or sometimes, we are just accused of making mistakes that we didn’t make. For example, the Home Office is alleged to have lost thousands of sensitive documents. And so too in the business world: mistakes happen, and people lose money as a result. Without naming names, some of the [...]
British Airways suspends flights to and from Iran August 23, 2018 British Airways has confirmed its intention to suspend flights to and from Iran, becoming the latest western firm to cut ties with the country in the face of US sanctions. Saying its London to Tehran service is “currently not commercially viable”, the company’s last outbound flight from Heathrow airport will be on 22 September, and [...]