Autumn Budget 2017: Chancellor Philip Hammond’s speech in full November 22, 2017 You can read the chancellor's Budget speech in full here: Mr Deputy Speaker I report today on an economy that continues to grow, continues to create more jobs than ever before and continues to confound those who seek to talk it down. An economy set on a path to a new relationship with our European [...]
How not to pitch: A lesson in awful PR November 22, 2017 Jamie sends an email: “Afternoon Elena, wondering if my offer to chat with [a well-known tech company] tickled your fancy?” No, Jamie, it absolutely did not. Few things do – and the prospect of listening to corporate drivel is not one of them. And, Jamie, a word of advice: stop using this saccharine expression altogether. [...]
Here are the six London routes Ford’s Chariot commuter shuttle is planning to start next year November 21, 2017 Earlier this month, Ford confirmed it was eyeing plans to take its Chariot commuter shuttle bus service to the capital, and today, the London routes it is plotting have been revealed. The car giant said it is planning six initial routes for the capital, which have now been published by Transport for London (TfL) in [...]
Rise of the robo-advisers? Online wealth manager Nutmeg breaks through £1bn in assets under management November 20, 2017 Nutmeg has today become the UK's first online wealth manager to reach more than £1bn in assets under management, after doubling its number of customers to 48,700 in the last 12 months. Year-on-year, the business's assets under management have ballooned by 93 per cent, trampling over the sector's average increase of 17 per cent over [...]
The Royal Family is worth £1.8bn to the UK economy every year says report November 20, 2017 Britain’s royalty contributes nearly £1.8bn to the UK economy every year, according to a new analysis of the value of the monarchy to be published today. The biggest single benefit offered by the monarchy to UK economy comes in a £550m annual boost to tourism, according to Brand Finance research. The total monetary value of [...]
Africa-focused petrol station chain Vivo Energy is preparing a London IPO November 19, 2017 The London Stock Exchange is set for a boost as petrol stations chain Vivo Energy prepares a $3bn (£2.3bn) float, according to reports. The Africa-focused company, which operates around 1,800 Shell forecourts across 16 countries, has plans to launch its initial public offering (IPO) next year, the Sunday Times reported. Vivo is owned by oil [...]
Battery storage is poised to recharge the UK’s energy sector over the next year November 17, 2017 So far, 2017 has been a year of milestones for clean forms of energy. The National Grid said this summer was the greenest ever, offshore wind became cheaper than new nuclear and the country’s first subsidy-free solar farm opened. Energy experts are also expecting to see a huge uptick in the number of electric vehicles [...]
Ranked: The UK regions with the longest and shortest daily commutes November 17, 2017 Commuters in the capital are now battling an 81 minute daily journey in and out of work, the equivalent of 38 working days a year, according to new analysis by the Trades Union Congress (TUC). The one hour 21 minute journey for Londoners is 23 minutes longer than the national average journey for commuters, which [...]
Disruptive law firm Keystone reveals £50m float plans November 16, 2017 Disruptive law firm Keystone today announced plans for a £50m float to boost its brand and enhance growth prospects. Founded in 2002, Keystone was one of the first so-called "platform" firms. The company sits as an umbrella, allowing smaller firms to operate out of their own offices but under Keystone's brand. Lawyers do not receive [...]
Asia’s construction investment to outpace both Europe and US over the next five years November 16, 2017 Vast growth potential in the Asian construction sector is set to be tapped into over the next five years, with investment expected to average $1.61 trillion annually, outstripping comparable figures for Europe and the US. According to research by Oxford Economics, resurgent growth among Indonesia, Malaysia, the Philippines, Thailand and Vietnam – the so-called tiger [...]