Shocktober: Seven charts that tell the story of the stock market’s worst month in six years November 6, 2018 | City Talk World stock markets fell 7.4 per cent in October as investors fretted about issues such as US-China trade tensions, European political uncertainty and the end of quantitative easing. The sell-off made it the worst monthly performance for stocks globally in the last six years and it’s the tenth worst in the last decade, as measured by the [...]
The Cryptoassets Taskforce Reports – Missing the Point November 6, 2018 Let me take you back 20 years to 1998 and the days when modems sang to us. In most of the boardrooms around the land those even considering the matter where trying to figure out what use this web thing might be to them, as another smart tech salesperson packed away their gear hopeful of [...]
Ofgem’s energy price cap to come into effect from new year, but critics say switching is still more effective November 6, 2018 Ofgem's energy price cap is set to come into force from 1 January, the regulator said today. But consumer groups have warned it is a “temporary fix” that could put customers off switching between providers to find the cheapest deals. Ofgem said the cap, announced in September, will reduce £1bn in overcharging on gas and electricity [...]
DEBATE: With some institutions at risk of bankruptcy, does the UK have too many universities? November 6, 2018 With some institutions at risk of bankruptcy, does the UK have too many universities? Benedict Spence, a freelance writer, says YES. Britain prides itself on its universities for their heritage, academic progress, and economic importance. But undergraduate applications dropped two per cent last year, student debt is rising, and whispers of refunds are starting to [...]
Killing Eve in real life would lead to a workplace disaster November 6, 2018 Few people seem to have missed one of this year’s most popular TV series, Killing Eve. For those who have not yet caught up with the latest craze, the show follows Eve Polastri, an intelligence officer whose sole mission becomes to track down an assassin named Villanelle – an operation that leaves a comedy (and [...]
This Living Wage Week, step up to make sure work always pays November 6, 2018 This week marks the anniversary of the campaign for a Living Wage – a cross-party movement of independent businesses, organisations, and people who believe in making work pay. I had the pleasure of speaking at the Living Wage Foundation’s parliamentary reception last week, which celebrated the extraordinary work that has been done so far and [...]
The UK remains ahead of the game in Europe’s tech sector November 6, 2018 The UK has continued to lead the way for funding activity in the European technology sector, both in terms of startups attracting investment and UK-based investors fuelling the continent’s exciting new talent. British startups secured almost a quarter of all early-stage tech investment in Europe in the last three years, according to new figures revealed [...]
Ex-CEO returns to troubled stockbroker Cenkos 18 months after he left November 5, 2018 Former chief executive of City stockbroker Cenkos Securities, Jim Durkin, has returned to the company just 18 months after stepping down. Shares were up by two per cent after the announcement that Durkin, who stepped down in May after five years in the role and was replaced by former Bank of England economist Anthony Hotson, [...]
Made in Britain: The entrepreneur helping UK firms realise their exporting ambitions in Asia November 5, 2018 I am at the National Liberal Club in London. Everything about this place – from the smoking room to the 1915 portrait of Winston Churchill – screams old-world British at me. And there’s nothing coincidental about Siddharth Shankar’s choice of meeting place. Surrounded by empty chesterfield sofas, Shankar seems to be in his element – [...]
Winter is coming, let the chill of change work to your advantage November 5, 2018 Winter is coming, to borrow the oft-quoted phrase from Game of Thrones. We all know what it feels like: shorter days, darkness abounds, chilled to your bones. Pull up the duvet and prepare for hibernation. But awake, Britain – throw open the doors of your toasty warm Hobbit-holes and allow the chilly gusts of reality [...]
