Brexit may bring uncertainty, but a Corbyn-led government is a bigger threat November 7, 2019 Where the Brexit vote differs from other political shocks is that three years on, the uncertainty has yet to subside. We’ve learnt little since 2016 about what our long-term relationship with the EU will look like. The Prime Minister now has a deal, but that’s only the start. Unlike the focus group stunned into silence [...]
The FCA is proposing a radical change to the UK’s regulation system November 7, 2019 With the recent headline-grabbing noise coming from Westminster, few paid much attention to the key announcements coming out of the Financial Conduct Authority (FCA). Senior figures from the regulator have been giving some of the most significant speeches about the future of financial services in years. But are the right audiences listening to this talk [...]
Tories must shake up their campaign to pull the votes in November 7, 2019 Having allowed the other parties a few days to warm up, the Conservatives last night officially joined the fray as Boris Johnson launched the Tory election campaign at a rally of the party faithful in Birmingham. He was on vintage form, likening our blocked parliament to an anaconda struggling to digest a tapir and lambasting [...]
Chinese interference has no place in the City November 6, 2019 On Monday night MPs elected from among themselves a new Speaker of the House of Commons. Labour’s Lindsay Hoyle prevailed, but all candidates spoke about the vital importance and sanctity of our democratic system of government. That democracy will now burst into life in the form of a General Election campaign which formally gets underway [...]
Not all engineers wear hard hats and high-vis jackets November 6, 2019 What do prosthetic limbs, cosmetics, clean water, YouTube, and biodegradable plastic alternatives have in common? None of them would exist without engineers – but that would likely come as a surprise to most people. Unfortunately, we suffer from narrow and outdated stereotypes of what engineers do and the role they play in society. And this [...]
The Berlin Wall is not just a piece of history – the manner of its crumbling contains lessons for the present November 6, 2019 Thirty years ago this Saturday, on 9 November 1989, one of the greatest symbols of oppression the world has ever known began to be dismantled. The Berlin Wall had stood since 1961, built by its East German masters to encircle Allied-controlled West Berlin. But it was much more than simply a barricade. It became the [...]
DEBATE: Was MacDonald’s right to sack its chief executive for a consensual relationship with an employee? November 6, 2019 Was MacDonald’s right to sack its chief executive for a consensual relationship with an employee? Martin Townsend, a partner at communications consultancy Pagefield, says YES. “You can’t help who you fall in love with” is one of the great romantic clichés. Unfortunately, if you are the £12.3m-per-year boss of McDonald’s, this is not an excuse [...]
If you were chancellor, what would be in your Budget? November 6, 2019 Today was scheduled to be the first Budget of Boris Johnson’s premiership. The chancellor announced the Budget last month, saying: “This is the right and responsible thing to do – we must get on with governing.” Unfortunately, to misquote a phrase, the best-laid plans of chancellors and Prime Ministers often go awry. The Budget has [...]
Is the concept of the ethical CEO too good to be true? November 6, 2019 “A fish rots from the head down.” It’s a worn cliché, perhaps, but one that resonates strongly in a world where increasing scrutiny is being placed on those at the helm of global companies. Investors, customers, governments, and even chief executives themselves, are finally starting to take real action based on the idea that unethical [...]
From World War II to the financial crisis, our institutional memory is fading fast November 6, 2019 The young contestants on Lord Sugar’s reality TV show The Apprentice sparked outrage last week. They appeared to have virtually no knowledge about the Second World War. The online clips of the sequence capture to perfection their expressions of bovine outrage at even being expected to know such an esoteric thing as how long the [...]