Workers in the capital deserve to be paid the London Living Wage November 9, 2018 Few people would disagree that if you get up, go to work every day, and put in the hard graft, then you deserve to earn an income you can live off. And yet, nearly a fifth of all jobs in our city do not pay a subsistence wage, leaving hundreds of thousands of Londoners struggling [...]
Women, beware the narrative of victimhood this Equal Pay Day November 9, 2018 Ah, it’s that time of year again. Tomorrow, the Equal Pay Day campaign will tell women that they are now “working for free” until the end of the year. We’ll be told that our male colleagues will receive a full salary, while women are being undervalued and discriminated against in the workplace, and that the fight [...]
City Moves for 9 November – who’s switching jobs at Baker Botts, Duff & Phelps and Just Eat? November 8, 2018 Who’s making a move on up today? Baker Botts Baker Botts, the international law firm, today announced that Matthew Levitt has joined the firm’s antitrust practice as a partner. Matthew, recognised as one of the leading competition lawyers in Europe, will be based in the Brussels office. Matthew’s practice has focused on EU and international [...]
Watch out for Brexit scammers, says UK financial regulator November 8, 2018 Scammers might seek to take advantage of uncertainty around Brexit to trick unsuspecting Brits, the Financial Conduct Authority (FCA) warned today. The regulatory said consumers should beware of unexpected calls, emails and text messages, and told consumers never to hand over their debit card pins. The warning came as part of a notice advising consumers [...]
3i Infrastructure ‘delighted’ as investment portfolio delivers £157m return November 8, 2018 British infrastructure investment fund 3i today hailed a rise in net asset value per share today as its portfolio delivered a return of £157m. The figures The fund's total return rose to £157m for the six months to September, up from £121m for the same period last year. This represents a 9.3 per cent return on its opening [...]
The government is finally turning its attention to the housing crisis, but what’s missing? November 8, 2018 There's no question that the housing market is in need of drastic reform. So it was welcome news last week when the chancellor announced that the government was turning its attention to reforming the supply side of the market through a £500m Housing Infrastructure Fund and British Business Bank guarantees for SME house builders. In broader terms, there seems to [...]
Game Digital narrows losses as it chases high margins with e-sports venture November 8, 2018 Game Digital narrowed its losses but still saw sales fall in its full year results published today. The figures Revenue came in flat ar £782.3m in the year to the end of July, while the video game retailer made a loss before tax of £7.4m, 26 per cent better than 2017's £10m, as the retailer bumped up cash [...]
How emerging markets have changed over the past 20 years November 8, 2018 | City Talk The transformation of emerging markets has been remarkable. The countries and companies that dominated 20 years ago have changed dramatically, influenced by the major geopolitical, economic and demographic changes that have taken place over this time. Navigating these changes can be complex, but these developments underline the importance of taking a flexible, active approach and [...]
Fintech startup Monese crashes a ‘Brexit meteorite’ in front of London’s King’s Cross station November 8, 2018 London-based digital banking fintech startup Monese today unveiled its Brexit warning to UK consumers, as its Meteorite sculpture smashes into the ground in front of King's Cross station. The installation is designed to pique the interest of passersby on what life could be like post-Brexit. It was claimed in September that the UK will be the last [...]
In a rare move, HMRC is refunding some parents who were liable for the child benefit charge – here’s what you need to know November 8, 2018 It is unusual for HMRC to admit that it has been too heavy-handed, so last week came as a welcome surprise to many parents who have been hit with fines in relation to child benefits. If you are responsible for bringing up a child under 16 (or under 20 if they are in education), you [...]
