DEBATE: Does Ruth Davidson’s resignation show that politics needs to change to better support women? September 2, 2019 Does Ruth Davidson’s resignation show that politics needs to change to better support women? Tulip Siddiq, Labour MP for Hampstead and Kilburn, says YES. Gender discrimination remains rife within society and our political system. Politics fails not only new mothers like Ruth Davidson, but also those with a range of caring responsibilities. Parliament has failed [...]
Hargreaves Lansdown drops Burford Capital after Muddy Waters short attack August 30, 2019 Hargreaves Lansdown has sold its holdings in Burford capital following a short attack on the litigation funding firm by US short-seller Muddy Waters earlier this month. The investment supermarket has dropped Burford from its Select UK Growth, Select UK Income and Select Global funds, said fund manager Steve Clayton in a statement on Hargreaves’ website. [...]
Poor broker performance reviews leaving fund managers in the dark August 30, 2019 Fund managers may not know how much money they are spending with brokers thanks to a failure to properly review the relationships, a new study has found. Despite the majority having procedures to review broker relationships in place, only 11 per cent of fund managers actually assess how all their brokers are performing, according to [...]
Time to ditch the mindless tribalism of outdated politics August 30, 2019 Our politics is broken. In fact, for decades, the system has been anchored on the same unchanging institutions and cultures. Parliament. Whitehall. Political parties. Much of what passes for modern politics would be instantly recognisable to William Gladstone or Benjamin Disraeli. All around us, things are changing. The disruptive forces of technology are tearing through [...]
Debate: Should we be worried that some over-55s are using their pensions to help younger family members buy homes? August 30, 2019 Should we be worried that some over-55s are using their pensions to help younger family members buy homes? Yes – Helen Morrissey is a pension specialist at Royal London. While it is natural for people to want to help their children get a foot on the housing ladder, the worry is that they could damage [...]
Uber’s quiet cabs are sapping our social skills August 30, 2019 Uber’s recent move to offer passengers a “quiet preferred” option sparked a lively debate online, with some praising the move and others sharing stories of overly chatty drivers disturbing their journeys. Others bemoaned the change, branding it “dehumanising” for the drivers and “entitled”. Whatever side of the fence you sit on, there’s no denying that [...]
Revealed: The office jargon buzzwords Londoners detest August 30, 2019 Did you get the memo? Business jargon is driving London’s workers up the wall. Yes, it appears that office workers spared a little of their bandwidth to feeding back on their most-hated phrases that pollute emails, meetings and general workplace chatter. Read more: Pensions jargon busted: your guide to the experts’ complex lingo Mobile business [...]
Investing ‘IQ test’ reveals the traits that could limit returns August 29, 2019 | City Talk Investors globally suffer from an ambiguity bias which can prevent them from taking risks with their investments and potentially lower their returns, Schroders investIQ test found. All investors have behavioural biases such as ambiguity aversion or impulsivity which can affect the way they invest. By understanding these biases, investors may be able to improve their [...]
Lender Amigo’s share price crashes as loan growth dwindles August 29, 2019 High interest rate lender Amigo has had one-third of its market value slashed this morning after warning of a change of strategy which will see impairment rates jump and lending growth slow as it braces for a crackdown by regulators. At one point this morning shares were trading 33 per cent down at 97p, as [...]
How to limit reputational damage after a data breach August 29, 2019 The General Data Protection Regulation (GDPR) has been with us for over a year. It was greeted with a tremendous fuss, with the threat of fines running into the millions. Organisations ran around like headless chickens while their lawyers drafted privacy notices and policies, and proffered advice on what to do about breaches. The Information [...]