Pointless meetings? There’s no such thing – the peacock explains why November 2, 2018 IT’S A good rule of thumb that you can learn more by looking at what people do than listening to what they say. Everyone in the corporate world, for example, likes to talk about how much they hate meetings. But for something they profess to despise, they seem to have an awful lot of them. [...]
Vaping and e-cigs are safer than smoking cigarettes, so let your colleagues puff away at their desk November 1, 2018 I smoke. Very happily. Cigarettes, cigars, and pipes. As far as I’m concerned, tobacco is one of the true age-verified joys of life. I love the taste of the leaf, the sensation of the nicotine, and the other physical and psychological effects. I have also worked on marketing campaigns for two of the world’s biggest [...]
From today you have to pay extra for your Ryanair hand luggage November 1, 2018 Ryanair's controversial new hand luggage rules take effect today, with customers having to pay extra if they want to take a small carry-on bag on board. For many airlines, two pieces of hand luggage are free of charge and already included in the price. But Ryanair passengers must pay £6 to add a 10kg cabin [...]
Google’s #MeToo moment: Staff stage mass-walkout over treatment of women November 1, 2018 Google employees staged an unprecedented global walkout today after allegations of sexual harassment were reported by the New York Times last week. Google chief executive Sundar Pichai expressed support for the protest and said he was "deeply sorry" in an email to staff. "I understand the anger and disappointment that many of you feel. "I feel [...]
Asset manager Janus Henderson revenue loss driven by performance fee drop November 1, 2018 A decline in UK and European fund performance drove a revenue drop at asset management firm Janus Henderson in the third quarter. Revenue fell from $477.7m (£369.7m) in the second quarter to $468.9 between July and September this year following a dip fees after several large European equity strategies, absolute return products and mutual funds performed [...]
Carpetright remains under pressure as store closures mean like-for-like sales ‘remain negative’ November 1, 2018 Low sales have forced British retailer Carpetright to close 67 stores in the first half of the year, it said today. The FTSE 250 firm closed those that failed to reach sale targets, with six further retail sites expected to shut shop by the end of 2018, the company told investors today. Carpetright did not share sales [...]
Returns from peer-to-peer lending look attractive, but is it a sensible sector to invest for retirement? November 1, 2018 Peer-to-peer lending (P2P) has long been deemed by many professionals in the conventional investment industry as too risky for retail investors. And yet, this technology driven form of lending has surged in popularity over the past decade, which is largely a result of the sector offering a decent return where other asset classes have struggled. [...]
City Moves for 1 November – who’s switching jobs at Oxx, Irwin Mitchell and Rabobank? November 1, 2018 Who’s switching jobs today? Oxx Oxx, the growth capital firm investing in B2B software companies, has appointed Daria Danilina as associate. Daria has joined Oxx with venture capital experience at Balderton and consulting experience at Bain & Company. Daria also has operational experience from her time at Dropbox, where she helped build the European sales [...]
Budget 2018: Austerity killed off – if a Brexit horror show is avoided October 31, 2018 | City Talk The 2018 Budget was brought forward this year to avoid a nightmare clash with the Brexit negotiations. It was clear from the Chancellor’s speech that he was keen to avoid a ghoulish backlash from any controversial announcements. Indeed, the majority of policy measures unearthed had been leaked to the press beforehand, leaving Philip Hammond with [...]
Brazil backs Bolsanaro: what next? October 31, 2018 The will and ability to reform Financial markets, at least, had been rooting for a defeat of the left-wing candidate Fernando Haddad, successor to former president Lula, on the basis of the very different economic policies espoused by the two candidates. Superficially, this seems odd given that Bolsonaro has repeatedly voted against reform and spoken [...]