The Dutch ‘Brexit Snatch’: Why Azimo is not quitting the UK February 20, 2019 Have you heard the news? Azimo is one of 250 companies moving to the Netherlands in an alleged ‘Brexit Snatch’ by the Dutch government. Read more: London fintech startups poised to expand in Europe They say never let the truth get in the way of a good story but as the chief executive of Azimo, [...]
Schroders and Lloyds Banking Group to launch financial planning joint venture in June February 20, 2019 A multi-million pound joint venture between investment management firm Schroders and Lloyds Banking Group will launch in June this year, the companies confirmed today. Schroders Personal Wealth will initially be available to Lloyds private banking and Bank of Scotland private banking customers before opening to the wider market in the fourth quarter of 2019, subject [...]
Why investors should beware increasingly unforgiving debt markets February 20, 2019 | City Talk Last year may have been a tricky one for US markets and investors but it was less so for the country’s businesses – at least, that is, to judge by the headline numbers on US companies filing for bankruptcy. According to figures from BankruptcyData.com, 58 companies totalling $52bn (£40bn) of assets declared themselves bankrupt in [...]
We need female tech trailblazers if the UK is to keep its unicorn crown February 20, 2019 The UK has been crowned the “tech unicorn capital of Europe”, by virtue of the fact that we have more billion-dollar-valued tech companies than any other country in the EU. But the next generation of unicorns, which include the likes of Just Eat, Deliveroo, and Purplebricks, could well be under threat if the tech industry, [...]
Passive management and relative returns? Fund managers urged to scrap investment jargon February 20, 2019 Fund managers have been urged to scrap jargon including absolute return, passive management, relative return and currency exposure by the industry body in order to help investors understand different products A total of three quarters of savers struggle with technical phrases, according to research by the Investment Association which today has called for firms to simplify [...]
Chilango’s minibond offers 8 per cent interest – that’s tasty, but is the burrito bond right for you? February 19, 2019 Last October, the burrito chain Chilango made headlines when it launched a new bond aimed at retail investors that pays an eye-popping eight per cent interest per year for four years. Compared to most high street banks, which currently offer just one or two per cent on cash savings accounts (well below the rate of [...]
Which Friends character are you when you’re at work? February 19, 2019 In the words of Janice: Oh. My. God. It’s official – Friends is the most streamed TV show of all time. Lasting for 10 series, the well-loved group went through the highs and lows of young adulthood together: several relationships, many different jobs, and a multitude of messy breakups. They came out the other side [...]
Beyond the bottom line: UK asset managers aren’t ready for new stewardship rules – should we be worried? February 19, 2019 From questionable corporate incentives to excessive risk-taking, there were plenty of red flags that should have warned asset managers of the impending financial crisis in 2008. And yet, many turned a blind eye, ultimately choosing to risk people’s pension savings for the sake of short-term gains. Since then, codes of practice have been introduced around [...]
DEBATE: Have the Labour splitters helped the Conservative party? February 19, 2019 Have the Labour splitters helped the Conservative party? Lauren McEvatt, managing director at Morpeth Consulting, says YES. After the next election, the UK government will either be run by the Labour party or the Tory party. That’s the reality of the electoral system. The seven Labour splitters have denounced the modern Labour party as bullies, [...]
Want a more future-focused government? Climate action is just the start February 19, 2019 The reaction was predictable. Last week’s Climate Strike by schoolchildren was met with an inane debate about whether or not the pupils were right to “play truant”. This dialogue of the deaf was a missed opportunity. Politicians should take seriously the protesters’ demand that they “recognise that young people have the biggest stake in our [...]
