Bank of England governor vacancy gets 650 applications on Linkedin December 17, 2019 The role of the governor of the Bank of England has piqued the interest of Linkedin users as one of the most viewed jobs in 2019. Current incumbent Mark Carney is leaving the role on 31 January, with big names like Financial Conduct Authority boss Andrew Bailey and City grandee Helena Morrissey in the running [...]
SRI investing and Islamic finance: the same but different December 17, 2019 | City Talk Sustainable, responsible, and impact (SRI) investing and Islamic finance share similar origins and aspirations. Yet for the most part, these two modes of finance have existed as distinct approaches in parallel worlds. Common to both is an ethical underpinning that puts stewardship and societal value creation at the forefront of finance. CFA Institute has recently [...]
Dear Santa… please no more office politics? December 17, 2019 Christmas can be difficult for some, personally as well as professionally, but there is a lot that an organisation can do to ease pressure and show staff that it values their hard work. So how can you sweep away those cobwebs, “deck the halls”, and help mitigate the potential for office politics this festive season? [...]
Pension funds are putting more money into property debt December 17, 2019 When the Alternative Credit Council recently predicted that the global private debt market will be worth in excess of $1 trillion by the end of 2020, some might have called the claim a little audacious. Only seven years ago, less than £1 in every £10 lent in the UK came from an alternative lender. Today, [...]
Private equity fundraising to fall in 2020 after record year, analysts predict December 16, 2019 Private equity fundraising next year may fall below the record levels seen in 2019 as large firms shift their focus on to capital deployment, analysts have predicted. Firms will also try to hold on to some of their top performing assets for longer in 2020, according to a note from private equity data firm Pitchbook. [...]
Outlook 2020: Global economy December 16, 2019 | City Talk The global economy should perform better in 2020, underpinned by a US-China trade truce and lower interest rates, Schroders’ chief economist Keith Wade explains. We recently upgraded our 2020 global growth forecast to 2.6 per cent, due to prospects of a “phase one” US-China trade deal and lower US interest rates US interest rate cuts [...]
Supermarkets should embrace the calls for higher plastic charges December 16, 2019 The battle against plastic rages on. Back in 2015 when the 5p charge was introduced, it seemed like a relatively big deal, but as the Greenpeace report made abundantly clear, it was just the start of a long fight. The report’s findings are stark — customers in Britain’s main supermarkets bought 1.5 billion bags for [...]
Restaurants can serve up lessons on why we should hire ex-offenders December 16, 2019 The hospitality sector is serving up more than Christmas parties this month. In the face of intense staffing challenges, employers in the industry can also serve up a lesson in how to effectively hire alternative talent. Restaurants, bars, and hotels are in the midst of the biggest skills shortage in decades — almost 80 per [...]
Two women who quit their city jobs to set up floral design studio Grandirosa December 16, 2019 Inside the hustle and bustle of The Ned, I eventually find Lil Caldwell and Mary Wood tucked away in the comparatively quiet Library Bar. The co-founders of floral design studio Grandirosa are sat on cosy sofas, and Wood, who is currently on maternity leave, has her sleepy three-month-old baby in her arms. Judging by the [...]
Is Uber Works good news for gig economy workers? December 13, 2019 | Sponsored Uber is still best known as a ride-hailing platform but it has been branching out into other industries. Food (Uber eats), electric scooters and bicycles (Jump), and now shift work with the launch of Uber Works. It is being trialled in Chicago, with plans to launch elsewhere soon, and enables casual workers such as cleaners, [...]