Out-Trumping Trump: How one company is getting more towers than Donald Trump February 28, 2017 Want to have as many tower blocks named after you as Donald Trump without having to build any of them? Forbes, the American business magazine publisher, has come up with a plan. The privately-owned company added property to its other three strategic pillars of print and digital media and branding back in 2013, with a plan to [...]
FTSE firms should publish a breakdown of their workforce by race and pay band, says government-backed review February 28, 2017 Large employers should publish a breakdown of their workforce by race and pay band, according to a new government-backed review. The report by Conservative peer Baroness McGregor-Smith found that if black and minority ethnic (BME) people progressed in the workplace at the same rate as their white counterparts, the UK economy could be boosted by £24bn. She [...]
Older workers prepare to work until 70 years of age February 28, 2017 Older workers are preparing to work until 70 years of age, according to a poll by the Chartered Institute of Professional Development (CIPD). The survey polled 1,600 UK employees and showed that a third (37 per cent) of all workers believe they will have to work past the widely accepted retirement age of 65, a [...]
The Bank of England has admitted to a Michael Fish moment – but economists have plenty to learn from weather forecasters February 27, 2017 So British economists are like the nation's most notorious weatherman when it comes to Brexit? That's what the Bank of England (BoE) has reasserted before the Commons Treasury Select Committee. The nation's number crunchers, said BoE chief economist Andy Haldane, mostly thought Britain's economy would crumble and growth would go into reverse following a Yes vote in last year's EU referendum. [...]
Tandem Bank’s chief executive Ricky Knox talks sarongs, dumb pipes, ornithology and why Facebook is scared of banking February 27, 2017 "Would you have called Amazon? I didn’t! We all thought that was just a fad – it was a bookseller. An online bookseller with that valuation? But the internet creates these giants – and it’s not just one or two of them. "Look at music – EMI is basically dead. Google – a little bulls*** [...]
Five tips for chief executives navigating through unprecedented change February 27, 2017 This year is already like no other. In the face of such a volatile business environment, only certain chief executives will be able to help their company weather the storm and come out on top. These are the five leadership qualities that will make the difference. Adaptability The inability to acknowledge and respond to change [...]
Access to finance is key to getting SMEs exporting February 27, 2017 Brexit may have been delayed but one thing that isn’t slowing down is UK exports. The latest industrial trends survey published by the Confederation of British Industry (CBI) this month revealed that export orders remain above the long-run average. But while big businesses are reaping the benefits of exporting, small and medium-sized firms are being [...]
City Moves for 27 February 2017 – who’s switching jobs? February 27, 2017 Today's City Moves cover legal eagles, market strategy and insurance. Take a look at these movers and shakers: Dorsey & Whitney LLP Employment law specialist Bob Cordran has joined international law firm Dorsey & Whitney’s London office as a partner. Bob, formerly a partner at Marriott Harrison LLP, is an experienced employment lawyer who has [...]
If you want a job at UK’s best financial services company to work for, you’ll have to move to Wolverhampton… February 26, 2017 Want a job at the firm named the UK's best financial services company to work for? You'll have to move to the Midlands. Yep – a Wolverhampton company has clinched the sector's top spot in a ranking of the UK's best employers. The Sunday Times' 100 Best Companies to Work for 2017 named Charter Court Financial [...]
RBS has slashed its bonus pool after disappointing results February 24, 2017 Royal Bank of Scotland (RBS) bankers are in for a disappointing bonus season, after the lender said it had cut its bonus pool by eight per cent. The company said today it had cut its bonus pool from £373m in 2015 to £343m last year. Over 93 per cent of the pool will be paid [...]