Practical tips on how to manage your career for happiness and success January 22, 2018 | City Talk The environment for modern careers has changed dramatically over the past few decades. Many describe the current environment as volatile, uncertain, complex, and ambiguous (VUCA). In this VUCA environment, organisations assume little or no responsibility for helping to manage employees’ careers. Meanwhile, professionals increasingly approach career planning from a total life perspective, putting emphasis on [...]
Editor’s Notes: Theresa May can benefit from taking on Corbyn’s anti-business agenda, Trump’s thumbs up to data and the ONS’ telecoms glitch January 19, 2018 Theresa May has never been an enthusiastic defender of free-market capitalism, much to the frustration of many in business. However, to give credit where it’s due, the PM pushed back quite hard against Jeremy Corbyn’s latest assault on private business, which was sparked by the collapse of Carillion. After the Labour leader stumbled his way [...]
London mayor Sadiq Khan names the next 13 Tube stations going step-free January 19, 2018 London mayor Sadiq Khan today announced the next 13 Tube stations going step-free and said they will be completed by spring 2022. The stations to benefit are North Ealing, Rickmansworth, Wimbledon Park, Boston Manor, Burnt Oak, Debden, Hanger Lane, Ickenham, Northolt, Park Royal, Ruislip, Snaresbrook and Sudbury Hill. Combined, they record more than 33m passenger [...]
Trump’s migration slur displays disturbing economic ineptitude January 19, 2018 Immigrants from “shithole countries” are not welcome in the US. That was reportedly President Donald Trump’s verdict at a meeting last week on migration policy. The subsequent outrage has centred around the obscene, and downright racist, language allegedly used to describe Haiti, El Salvador, and certain African nations (which the President has since denied). Read [...]
It’s pensioners, not first-time buyers, who should get stamp duty relief January 18, 2018 Stamp duty is in the news again. Earlier this week, Labour’s shadow housing minister, John Healey, called on the government to extend the tax break introduced in the November Budget to first-time buyers who use the shared ownership scheme. Policies that are seen to help struggling first-time buyers always go down a treat from [...]
Pinched-for-cash Poundworld in talks with TPG for more money after poor festive trading January 18, 2018 Discount retailer Poundworld is in talks with its majority owner, US private equity giant TPG Capital, for a new cash injection after a troubling festive period. Poundworld is asking for another £30m to £40m of investment, according to Sky News, after disappointing sales and one-off costs saw its debt pile up last year. Sources close [...]
Chinese investment into UK doubles despite lower global spend January 17, 2018 Chinese investment into the UK doubled during 2017 to a record high as investors jumped at the chance to buy coveted British assets at cheaper prices, according to a study to be published today. Foreign direct investment (FDI) into the UK from China reached $20.8bn (£15bn) during the year, up from $9.2bn in 2016, according [...]
Number of UK coffee shops to increase by almost 50 per cent by 2022 January 16, 2018 The number of coffee shops in the UK will rise by almost 50 per cent in the next five years, according to a new report. Research by Allegra World Coffee Portal predicts that the total number of UK coffee shops will reach 31,400 by 2022, up from 24,061 in 2017. Last year the coffee market [...]
Investors want digital financial reporting to be audited January 16, 2018 | City Talk Much has been written and discussed about the merits of digital financial reporting. Some concerns still need to be addressed, however, such as reviewing or validating these reports using eXtensible business reporting language (XBRL), a markup language for the electronic transmission of business and financial data, against a set of standards. Currently, no established standards [...]
The future of bitcoin: How the cryptocurrency is touted to trade going forward January 16, 2018 Not a day goes by when we don’t hear about the frolickings of bitcoin. The digital currency has certainly divided opinion. Punters are forever reminding us of the mammoth gains bitcoin made last year. And in the same breath, comparisons are continually being drawn between trading these cryptocurrencies and gambling. As bitcoin reached an [...]