Davos: Why today’s leaders must make the connection between education and profits January 16, 2017 Three thousand of the world’s most important business leaders and politicians will gather together to discuss the most pressing issues facing the world this week. The World Economic Forum (WEF) Annual Meeting in Davos has long been one of the defining events of the year and an opportunity to set the agenda for the global stage. [...]
City eyes best possible access to Europe’s Single Market January 16, 2017 The City is shifting to a new focus on best possible access to Europe's Single Market, rather than pinning hopes on continued membership of the trading bloc, as it prepares for the Prime Minister to announce a so-called clean Brexit tomorrow. In a much anticipated speech, Theresa May is expected to make clear the UK’s [...]
Better Capital boss Jon Moulton on Brexit, his firm’s exit and why he still hasn’t forgiven Liam Fox January 16, 2017 Bald, bold and bespectacled, private equity veteran Jon Moulton has had more than his fair share of knocks as well as high points during a long career. He was branded the Christmas Scrooge in December 2014 when City Link collapsed into administration leaving nearly 2,700 jobs at risk. “We made a very bad decision to [...]
Theresa May’s reported Brexit plan has been endorsed by an influential think tank January 16, 2017 Prime Minister Theresa May's reported plans to quit both the Single Market and the European customs union have been backed by a former chancellor, who also warns that no "remotely acceptable" trade deal is possible. This weekend saw reports emerge that May will this week make clear her willingness to quit the EU's trading blocs in order [...]
MPs are questioning whether more support should be provided to working fathers January 16, 2017 A parliamentary watchdog is to launch an enquiry into support available for working fathers. The Women and Equalities select committee is calling for evidence over concerns workplaces are not providing support to dads. It comes after the committee found that take-up for shared parental leave, introduced in 2015, is predicted to reach a maximum of [...]
Global IPO values set to grow by more than a quarter this year January 16, 2017 Global float activity is expected to rise by just over 25 per cent in 2017, before surging onwards in the following years. This year will see floats reach $167bn (£138bn), according to experts at law firm Baker McKenzie, up from $133bn in 2016. Further floats are expected to see activity dramatically uptick, reaching $275bn in [...]
Tit for tat approach to foreign investment expected in 2017, as governments prepare to get hands on with markets gone wrong January 16, 2017 This year could mark a move towards more protectionist attitudes, with governments closing the door on countries they feel give their own firms a raw deal, a report out today cautions. Law firm Freshfields Bruckhaus Deringer's Global Antitrust report highlights a shift towards protectionism, as new trade deals begin to take shape following both Donald Trump's surprise [...]
Burundi rare earth miner Rainbow Rare Earths dusts itself off for London flotation January 15, 2017 A Burundi-based miner with one of the world’s highest grade rare earth deposits is dusting itself off for a London Stock Exchange listing. Rainbow Rare Earths plans to float on the main market in the coming weeks, under the ticker "RBW", and wants to raise $7m (£5.7m) to bring its "low-risk, low-cost" Gakara project into production [...]
US President-elect Donald Trump wants to seal a new trade deal with the UK “very quickly” and has said Brexit will be a “great thing” January 15, 2017 US President-elect Donald Trump has said he will move “very quickly” to secure a new trade deal with the UK when he comes to office. “I’m a big fan of the UK, we’re gonna work very hard to get it done quickly and done properly. Good for both sides,” Trump told MP Michael Gove in an [...]
Article 127 court hearing now due in February, as the government awaits answer to Article 50 legal battle January 15, 2017 A court hearing that could cause a headache for Prime Minister Theresa May, as she plans to trigger Article 50, has been postponed until early February. A case brought last year argues the government cannot leave the Single Market without triggering Article 127 of the European Economic Area agreement – and says it must seek approval [...]