Appetite for hard-to-access capital is driving City investors to private equity November 11, 2020 With governments introducing unparalleled fiscal stimulus to support the economic recovery from ongoing pandemic, and monetary policy signalling a much lower-for-longer interest rate environment than anticipated, investors are increasingly turning to private equity as they look for yield. The investment space has been an uptick in interest from City investors as businesses are thirsty for [...]
Gender pension gap narrows but women still lag behind November 11, 2020 Women will need to work beyond 100 to match men’s pension pots even as the gender pension gap narrows. More women are putting money aside for retirement, with the pension gap closing to just one per cent, the narrowest on record according to pension provider Scottish Widows. Despite this, the gender pay gap and part-time [...]
Leaders in Lockdown: Eyes on the road ahead, there’s no going back November 11, 2020 The hope this week of a Covid-19 vaccine has already got people talking of “going back to normal” — perhaps even by spring. But there will be no going back for British business. The events of the last eight months have changed things forever. In March, as Covid spread from mainland Europe to the City [...]
Our Covid-hit young deserve a new social contract from older generations November 10, 2020 Covid-19 demands immediate action. It also demands a major reconsideration of policies to create a new social contract between the generations. We are all aware that the elderly have a higher risk of death from coronavirus than other age groups. We are also aware that protecting them by locking down the economy has had a [...]
Mobile trading – The power is in your pocket November 9, 2020 | City Talk In the 21st century, there is no longer a single factor that defines all traders across the markets. Your ‘typical trader’ is a thing of the past. In the FX industry a couple of decades ago, being a ‘trader’ mostly meant that you were dressed in a suit, sat coordinating trades on the phone all [...]
Gearing up against greenwashers: investors seek clarity on sustainability terminology November 9, 2020 | City Talk A dearth of clear, agreed sustainability definitions present a challenge to investors looking to invest sustainably. This is according to the results of the Schroders Institutional Investor Study, which surveyed 650 institutional investors across 26 countries during April 2020. Gearing up against greenwashers Greenwashing is about falsely communicating the environmental benefits of a product or [...]
Scottish Widows pulls £440m from investments in ESG push November 9, 2020 Pensions provider Scottish Widows has announced it will pull millions from companies failing to meet its ESG standards. The £440m divestment from companies that “pose significant ESG” risk is the firm’s latest sustainable push, and is one of the largest exclusions policy by an institutional investor yet. The divestment seeks to protect almost 6m customers [...]
Republican civil war looms as Trump stance splits party November 6, 2020 With Democratic candidate Joe Biden closing in on a 2020 election victory, senior figures in the Republican party are split on whether to back Trump as he pedals baseless claims about election fraud. In the last 24 hours Donald Trump has spread falsehoods about the legitimacy of the 2020 election, having claimed mass election fraud [...]
Why social care could offer the rewarding career change you’re after November 6, 2020 | Sponsored We all know this year has been different – but amidst some uncertainty, it’s also given people the chance to rethink their careers and what they really value in life. For many, that has been playing a part in community life, and looking after the vulnerable – which is why plenty have found themselves starting [...]
Zurich spends £1m on employee upskilling drive November 5, 2020 Insurance giant Zurich has spent £1million upskilling existing employees to combat an upcoming skills shortage. Zurich has identified 270 robotics, data science and cyber security jobs that, if employees are not reskilled, could go unfilled by 2024. The business is on a mission to retrain 3,000 UK employees – two-thirds of its workforce – over [...]
