Empowering the world: How you can make money through improving lives November 16, 2017 In the not-so-distant past, ethical investing was a mere speck on the horizon, barely visible beyond the sea of “traditional” investment opportunities. But there’s a shift happening – a change in mindset which is inciting us to be more conscious of where we put our money. Initiatives like Good Money Week have been raising awareness [...]
Want to be a pension millionaire? Here’s when you can stop saving November 15, 2017 There seems to be no end to the flurry of people telling us to pile as much money into our pension pots as possible. And while it’s crucial that we all make an effort to save for retirement, high earners need to be conscious that they could get slapped with a hefty tax bill [...]
UK fund managers not willing to pay brokers for corporate access post-Mifid II November 14, 2017 UK fund managers are not willing to pay brokers to set up corporate meetings when new EU rules come into force next year, a survey from Capital Access Group (CAG) has found. From January, the second Markets in Financial Instruments Directive (Mifid II) – a piece of regulation designed to increase transparency across all asset [...]
Nisa members have voted in favour of Co-op’s takover offer November 13, 2017 Members of convenience chain Nisa have voted to accept The Co-operative's £140m offer for the business. The offer just scraped in over the minimum 75 per cent approval rate, with 75.79 per cent in favour and 24.21 per cent voting against the Co-op’s offer. The Co-op will now acquire the business for a total of [...]
The jobs, they are a changin’: What’s happening to the finance industry? November 10, 2017 | City Talk No matter where your career stands, you can always count on one thing—the investment industry is constantly changing. Worldwide trends are converging to transform the prospects for investment professionals. Consolidation among firms is leading to cuts. Fintech is disrupting the industry. The global talent market is evolving in different ways from region to region. Experts [...]
UK’s anti-money laundering system is “failing”, Transparency International claims November 9, 2017 The UK is at the heart of global money laundering and corruption, because the system designed to prevent abuse is failing, a damning report published today has claimed. Anti-corruption organisation Transparency International UK has found more than 760 companies registered in the UK were directly involved in laundering stolen money from at least 13 countries, [...]
The number of smaller businesses in the UK has shot up: Here are the top-growing sectors November 9, 2017 The number of small and medium-sized enterprises (SMEs) in the UK has grown by almost a quarter over the past five years, new research from Hampshire Trust Bank and the Centre for Economics and Business Research (CEBR) has revealed. The office administration and business sector led the way, as the number of SMEs operating in [...]
SSE confirms agreement of merger with Npower as it reveals drop in profits November 8, 2017 Energy firm SSE today confirmed it has agreed the first steps of a proposed merger with German-owned Npower to form a new UK gas and electricity business. The FTSE 100-listed firm said yesterday that it was in talks with its rival, owned by Germany's Innogy. In a statement to the London Stock Exchange this morning, [...]
London river crossings: TfL unveils plans for Rotherhithe-Canary Wharf pedestrian and cycling bridge November 8, 2017 Plans for a new river crossing in east London progressed today with the launch of a consultation on the Rotherhithe to Canary Wharf bridge that will provide a pedestrian and cycling route across the Thames. Over the past year, TfL has worked with engineering consultants Arcadis and Knight Architects, shortlisting three options including an enhanced [...]
Here’s why housebuilder shares are down today November 8, 2017 It was a bad morning for housebuilders, with companies listed on both the FTSE 100 and FTSE 250 dragging the indices lower. Persimmon, the UK’s largest housebuilder by volume, led the fallers on the FTSE 100, with shares dropping 3.4 per cent to 2,772.5p, while Barratt, Taylor Wimpey and Berkeley Group were all among the [...]