How to recruit Generation Z into your workforce November 26, 2019 Graduate recruitment season is upon us, the time when recruiters begin in earnest to try to uncover talent for this year’s intake. But despite the urgent need for recruiters to change their approach in order to move with the times and keep up with an ever-evolving society and economy, too many still look to hire [...]
The workplace is still a man’s world, according to London professionals November 25, 2019 Over half of London-based professionals think that stereotypical masculine qualities are held in higher regard in the hiring and promotion process than female characteristics, according to a new study. The research, by Equality Group, also finds that 25 per cent of women in professional roles in London feel that they need to present themselves in a more masculine [...]
Profit dips as Polar Capital suffers £448m outflows November 25, 2019 Polar Capital has reported a drop in pre-tax profit following a “challenging” first half, but its assets under management (AUM) rose despite £448m net outflows. The figures The investment manager said its AUM hit £14.3bn as of 30 September, a 3.6 per cent increase on the £13.8bn it reported at the end of March. Polar [...]
What is microfinance and why does it matter for investors? November 25, 2019 | City Talk Exclusion from the financial system is widely regarded as a major obstacle to people’s efforts to grow out of poverty. In 2017, 1.7 billion adults across the globe had no access to a bank account, with the vast majority of them living in emerging and frontier markets. 56 per cent of these were women, and [...]
Why banning after-work emails is a bad idea November 25, 2019 From “Massage Mondays” to “Drinks Trolley Fridays”, many organisations have started putting wellbeing initiatives in place to combat burnout. Even airports are thinking about the wellbeing of their customers by bringing puppies and pigs into their lounges to calm passengers facing delayed flights. But how effective are these initiatives in actually reducing stress? Double-edged sword [...]
Food for thought: How Tastecard is helping the restaurant sector November 25, 2019 The restaurant sector is in a crisis. A combination of rising rents, food prices and wage costs, plus a decline in consumer spending, is causing more businesses to close. Research published in September exposed the scale of the problem. According to accountancy firm UHY Hacker Young, the number of restaurants closing in the year to [...]
Investment in London offices slows as demand outpaces supply November 25, 2019 Investment in London’s office market is falling despite growing demand from British and overseas investors, as a lack of available stock continues to hamper the sector. Total turnover for office investments in the capital in 2019 is set to drop well below the figure for the previous year, according to new data from Knight Frank, [...]
Brooks Macdonald buys Cornelian Asset Managers in £39m deal November 22, 2019 Brooks Macdonald has bought Edinburgh-based wealth manager Cornelian for up to £39m and has this afternoon sealed a £30m share placing to fund the deal. In an update to the stock market this morning, Brooks Macdonald said it would pay an initial £31m for the company – £22m in cash and £9m in shares – [...]
Some inconvenient truths about income November 22, 2019 | City Talk “Chin up. Be positive. It’ll all work out.” We are always being encouraged to look on the bright side, but too much optimism can be dangerous. Take the simple matter of how much we expect to earn from our savings and investments. Far too many people around the globe take a “glass half full” approach [...]
How to immunise yourself against a toxic work culture November 22, 2019 What determines whether a business will be successful? Some would say that it’s all about the product or the idea. Others might think it’s down to strategy and execution. While these things are important, competitors can — and often will — catch up. Read more: We reviewed all the Christmas sandwiches, so read this before [...]