What next for price of gold? March 31, 2017 | City Talk Is now the time to be investing in gold? With inflation on the rise and political risk high opinion is divided. Here, we explain the basics on gold pricing and ask fund managers who specialise in the commodity to share their views. Gold, one of the oldest known metals, was revered by all the great [...]
Saving for a £1m Isa: How the sums have changed March 29, 2017 | City Talk British savers have grown used to getting an annual increase in the amount they can tuck away in a tax-efficient Isa. But the increase this year is far bigger than usual. In the new tax year, which starts on 6 April, the allowance will increase from £15,240 to £20,000. This changes the sums for those [...]
City Moves for 20 March 2017 – who’s switching jobs at Keystone Law, MarketInvoice and Sage Group March 20, 2017 Today's City Moves cover legal eagles, peer-to-peer finance and enterprise software. Take a look at these movers and shakers: Keystone Law Chancery Lane-based law firm Keystone Law has appointed five senior lawyers across its residential property, regulatory, dispute resolution, employment and private wealth teams. Katie Cohen (pictured) will join Keystone as residential property partner. She [...]
Three charts showing why we remain very happy to hold UK banks March 20, 2017 | City Talk Investors have tended to steer clear of the UK’s big banks since the financial crisis bit in 2008, when share prices plummeted and Lloyds and Royal Bank of Scotland (RBS) had to be bailed out with taxpayer money. As we tend to do, on our Value Perspective blog, we took a different view – arguing [...]
Chris Hohn’s Children’s Investment Fund has stepped up its bid to end the €8.5bn Safran-Zodiac deal March 20, 2017 Sir Chris Hohn’s activist hedge fund has stepped up its campaign to halt an €8.5bn (£7.4bn) takeover. And now, it’s getting personal. The Children’s Investment (TCI) Fund has written to the board members of Safran, the aircraft engine maker that has agreed to buy plane-seat maker Zodiac, threatening to sue them personally if the deal goes [...]
International Day of Happiness: Over one third of UK adults are unhappy at work, survey reveals March 20, 2017 It might be International Day of Happiness, but for more than one third of the UK's workers every day is unhappy, if new research is to be believed. According to a survey of 2,000 full-time employees, conducted by people management firm Lee Hecht Harrison Penna, 36 per cent of workers view work in negative terms, [...]
Meet Revolt: The agency with the humble ambition of changing the world March 20, 2017 To say we are living through interesting times is, perhaps, an understatement as obvious as it is true. For many the world is increasingly polarised and difficult to comprehend: known-knowns have become unknowns; unpredictability has become predictable. Among the social media hubris, in which public accountability is unavoidable and reputational damage but 140 characters away, [...]
Riverbed Technology’s Jerry Kennelly on turning over $1bn a year making products named after fish March 20, 2017 When I meet Jerry Kennelly, the least aggravating part of the eight-hour journey he’s just made was on the tube between Westminster and Bond Street. His flight from Stockholm to Gatwick had been fraught with issues, it’d taken him the best part of two hours to get into London from Gatwick and, having stopped off [...]
Three charts showing why we remain very happy to hold UK banks March 20, 2017 | City Talk Investors have tended to steer clear of the UK’s big banks since the financial crisis bit in 2008, when share prices plummeted and Lloyds and Royal Bank of Scotland (RBS) had to be bailed out with taxpayer money. As we tend to do, on our Value Perspective blog, we took a different view – arguing [...]
Snooping around a job applicant’s Facebook? Here’s where you stand legally March 20, 2017 We've all been told at least once in our lives not to “judge a book by its cover”. The reality is that, more often than not, we do precisely the opposite. In today’s technological age, where a Sunday evening isn’t complete without uploading photos from the weekend to Facebook, it’s increasingly rare to come across [...]