Experian warns of ‘weak’ UK and Europe business sales January 17, 2020 Credit scoring giant Experian posted a rise in revenue for the end of 2019 despite drops in the UK and Europe. Revenue grew seven per cent in the three months to the end of December, Experian revealed today as it stuck to guidance for its full-year results. While Experian’s North America and Latin America divisions [...]
How to start your own business in 2020 January 17, 2020 As many of us embark on our new year’s resolutions to eat less and get fit, a good 20 per cent of us will be making plans to start a business. According to Companies House, 2019 was a record year for UK company registrations. An incredible 678,288 new businesses were registered. This is part of [...]
Til divorce do us part: advice for couples considering separation January 16, 2020 Christmas is meant to be a relaxing time, but for many people it’s also a period of stress, tension, and tribulations — especially for married couples. The financial burden of the holidays plus the pressure to have a “perfect Christmas” and the familiar strain of dealing with in-laws can lead to squabbles and even full-blown [...]
Don’t let corporate governance turn into a box-ticking exercise January 16, 2020 Last week, some of the UK’s biggest businesses received a rap on the knuckles, as the Financial Reporting Council (FRC) published its annual review of how well companies lived up to the Corporate Governance Code. Some FTSE firms, the accounting and governance regulator argued, were simply “paying lip service to the spirit of the Code”, [...]
KKR raises $2.2bn for second next-gen technology growth fund January 15, 2020 Investment firm KKR has closed its second Next Generation Technology Growth fund at $2.2bn (£1.7bn) — over three times the size of its predecessor. The fund will be dedicated to technology growth equity investment opportunities in Europe, North America and Israel, KKR said. Read more: World’s largest hedge fund sees gold price rising 30 per [...]
World’s largest hedge fund sees gold price rising 30 per cent amid global uncertainty January 15, 2020 The co-chief investment officer of the world’s biggest hedge fund has said gold could surge to a record high above $2,000 an ounce as global political uncertainties increase. “There is so much boiling conflict,” Greg Jenson, who helps oversee over $160bn at Connecticut-based Bridgewater Associates, told the Financial Times. Read more: Gold and oil prices [...]
Ashmore assets under management near $100bn after strong inflows January 15, 2020 Positive investor sentiment towards emerging markets has helped boost specialist asset manager Ashmore close to the $100bn (£77bn) assets under management (AUM) milestone. In an update to the stock exchange today, Ashmore reported a 7.1 per cent increase in AUM, which jumped $6.5bn in the three months to 31 December to $98.4bn. Read more: Provident [...]
This is the age when most Brits achieve job satisfaction January 15, 2020 The average British worker will not be satisfied with their job until they reach the age of 45, according to research released today. A survey commissioned by global job site Indeed found that by this point in their career employees will have had eight different jobs and four major setbacks. Read more: The super-rich millennials [...]
Blackrock: Asset management titan’s quarterly profits jump 40 per cent January 15, 2020 Blackrock has reported a 40.3 per cent rise in quarterly profit and its strongest ever inflows as investors poured more money into the investment titan’s exchange-traded funds (ETFs) amid concerns over slowing global growth. Net income at the world’s largest asset manager jumped to $1.3bn (£999m) in the three months ending 31 December, up from [...]
Fintech can be the silver bullet to banking the UK’s unbanked January 15, 2020 Can new technology help the 1.23m people in the UK who don’t have a bank account? And could it improve the lives of the 10–12m who still struggle to access affordable loans? New research suggests that the answer to both those questions is yes. It is all thanks to London’s booming fintech sector — one [...]
