British Airways settles long-running pensions battle with trustees April 9, 2019 British Airways has settled a long-running battle with the trustees of one of its staff pension schemes in a case that was set to go to the Supreme Court. The trustees of the nearly 25,000 member Airways Pension Scheme said today they had agreed to an out-of-court settlement to the dispute, subject to the approval of the [...]
Death of the High Street? Why we’re still backing UK retail April 9, 2019 | City Talk Following some dire headlines you might rightly wonder why the share prices of UK retailers have recorded double-digit gains this year (see graphic, below). Surely the relentlessly downbeat mood music from the mainstream media (and pessimism among analysts) is confirmation that the UK consumer is in full retreat, and consumer-exposed sectors are in deep trouble? [...]
Lloyds Bank stars as FTSE 100 rockets in Q1 April 9, 2019 | City Talk By Graeme Evans from interactive investor. After a great first quarter for stock markets, we assess the best and worst blue-chips of 2019 so far. It’s been a storming start to 2019 for the FTSE 100 index, with popular interactive investor stocks including Lloyds Banking Group (LSE:LLOY), Next (LSE:NXT) and Tesco (LSE:TSCO) among those on [...]
After Brexit, will Britain remain a land of opportunity? Apprentice star Mark Wright shares his views on startups and the economy April 9, 2019 Winning a reality TV show isn’t normally considered a recipe for success. The stars of such programmes usually end up plastered across the tabloids, followed by performing in a Christmas pantomime somewhere in rural England. But the BBC’s The Apprentice is an altogether different beast. With the backing of business mogul Lord Alan Sugar, the [...]
Technology, leadership, and change – business leaders must prepare for their next act April 9, 2019 "Everything flows, nothing stands still” (Heraclitus, 501 BC). Quite a lot has changed in 2,500 years, but that quote still rings true. We are surrounded by a flow of constant and accelerated change. And in such times of change, the art of decision-making is more significant than ever. While this added weight of responsibility might [...]
London startups to take fintech unicorn crown from San Francisco April 9, 2019 London is on track to become home to the same number of fintech unicorns as San Francisco, the world's current leader. Out of the 29 fintech unicorns globally – companies with a valuation of more than $1bn (£765.5m) – nine are based in the Californian hub, while seven are housed in the UK capital. Over a third [...]
London remains most popular investment target for European venture capitalists April 8, 2019 London secured its reputation as a global fintech hub as it attracted almost double the amount of venture capital funding compared to its closest European rival last year. The capital received 39 per cent of European venture capital funding last year, almost double that of runner-up Berlin, which took in 21 per cent in 2018, despite [...]
Early bird investors reap rewards April 8, 2019 | City Talk By Graeme Evans from interactive investor. The sooner you utilise your annual ISA allowance, the quicker your money starts working for you. ISA season is over, bringing respite from weekend newspaper supplements offering “five reasons” why we need to act fast to make the most out of our tax-free allowance. Many of us will have [...]
Impax Asset Management boosts AUM by 15 per cent April 8, 2019 Impax Asset Management, which focuses on sustainable investments, has boosted assets under management by 15 per cent in the first three months of this year. The London-based firm said AUM increased from £11.5bn at the end of December last year to £13.2bn at the end of March 2019. Read more: Asset management firm Miton boosts [...]
Office banter? Bosses left fuming by buzzwords that have literally no substance April 8, 2019 People who use buzzwords such as “literally,” “yolo” and “banter” in the workplace are liable to leave their employers foaming at the mouth, according to research. Britain’s bosses are fed up with hearing their co-workers and candidates spouting “annoying buzzwords,” because they make communication difficult, isolate those who don’t know what they mean and lack [...]