Climate change protesters to target Bank of England on Thursday with ‘green QE’ demands April 29, 2019 Climate change protesters have announced that they will target the City’s Bank of England on Thursday, with demands that future stimulus bond buying is done with green goals in mind. Read more: Businesses must tackle climate change or 'fail to exist', Carney warns The protests, organised by campaign groups Positive Money and Fossil Free London, will [...]
Economic confidence falls in Eurozone and EU as slowdown drags on April 29, 2019 Confidence in the Eurozone economy fell for the 10th consecutive month in April as managers became markedly more pessimistic about industry as the continent’s slowdown continues. April’s economic sentiment indicator, released by the European Commission, decreased by 1.6 points for the Euro area and 1.5 points in the European Union in April, compared to falls [...]
Missing the opportunity to align ourselves with the US would be a serious mistake April 29, 2019 The UK is the world’s leading exporter of financial services. Within that, there are few better success stories than the special relationship that we have built with the United States. The benefits for both sides are obvious. Every day, a million UK citizens go to work for US firms, while the same number of US [...]
The white paper’s strict salary threshold on EU migrants would only exacerbate inequality April 29, 2019 Britain is on course to leave the European Union by 31 October. However, Theresa May has expressed her wish that the UK should quit well before, provided her withdrawal agreement is passed. Nonetheless, whether we leave with a deal or without one, the government has been clear that ending free movement and bringing down immigration [...]
Gillette proves that cultural relevance is key to a brand’s future performance April 29, 2019 In an age of so much cultural change, it’s vital that brands regularly take stock of their “relevance” in current society. For a 117-year old brand like Gillette, exploring what masculinity actually means in this day and age was essential for its continued existence. Gillette is a brand that used to be only about the [...]
Supporting women entrepreneurs could unlock $330bn worldwide as most female-owned businesses struggle to get credit, group says April 29, 2019 Denying female entrepreneurs access to the funds they need is costing the global economy billions, an international charity said today as it called on financial institutions to improve their products and services for women. Development organisation Care said that 80 per cent of women-owned businesses that need credit are being under-served, opening up a $1.7tn [...]
UK economy’s strong start to year likely a ‘false dawn’, forecaster says April 29, 2019 UK economic growth will slow in the second half of the year after a strong start, according to economists at EY Item Club, as prolonged Brexit uncertainty and a global economic slowdown continue to bite. Read more: Prolonged Brexit process hurting UK economy, Goldman Sachs warns The economy is now predicted to grow at just [...]
HMRC ramping up spending on private debt collectors, new analysis shows April 29, 2019 HM Revenue & Customs (HMRC) has spent £90m on private debt collectors in the last three years, compared to £34m in the three years before that, according to new analysis. Read more: Public will be able to make digital HMRC complaints from August The UK tax agency spent £26m on private debt collectors in 2018 [...]
The left is upping its campaign against the free market – and the City in particular April 28, 2019 John McDonnell and the Labour party have long talked of the need to “democratise” our economy. Their plans for sweeping nationalisations, a state-run investment bank and the forced reallocation of shares to the workers are all couched in the language of taking power from the fat cats and making finance a servant of the public, [...]
Government plans to charge EU students higher university fees criticised April 28, 2019 Government plans to make students from the European Union pay higher tuition fees at English universities have been criticised in the run up to the European Parliament elections. Read more: UK universities to stick with Huawei despite Oxford suspending funding The Department for Education’s plan, first reported by BuzzFeed, would end so-called home fee status [...]