Fintechs have a solution post-Brexit – now we must embrace the uncertainty March 16, 2017 With Article 50 set to be triggered imminently, the process of Britain leaving the EU is finally about to begin, with all that entails. Theresa May has set out plans for a Brexit that looks on the harder side of “hard”, worrying bankers and entrepreneurs alike. While fintech firms don’t welcome the prospect of regulatory [...]
Oxford University on a high as Star Trek star backs medicinal cannabis research March 15, 2017 Star Trek actor Sir Patrick Stewart has publicly endorsed cannabis research at Oxford University, after admitting to using the drug for medicinal reasons in America. Stewart has backed the UK’s first ever research project launched by Oxford University today which aims to explore the benefits of cannabinoid-based medicines for sufferers of arthritis like himself. Stewart [...]
Why the FTSE 100 rises when sterling falls – explained in two charts March 15, 2017 | City Talk The FTSE 100's strong recovery after the Brexit verdict in last June's referendum caught some investors off guard. After an initial wobble, the index surged. Three months later, it was 10.4% higher. But why? There may have been some other factors at play in those months, but one of the strongest drivers in the [...]
Wealth manager Brooks Macdonald reports growth despite “really terrible” period after Brexit vote March 15, 2017 Wealth manager Brooks Macdonald today reported growth in funds under management (FUM), revenues and profits, despite a “really terrible” period after the EU referendum. The figures Discretionary FUM were £9.3bn at the end of 2016, up 19 per cent on 2015. In the six months to 31 December, revenue came in at £45.3m, up 17 [...]
It looks like Brewdog’s about to land a big new investor, make a major shake-up of its shareholdings and eventually IPO March 15, 2017 Popular "punk" craft beer maker Brewdog has said it's about to land a new investor and also revealed it's considering a time frame for an IPO. In a letter to its shareholders, many of whom backed the brewer through crowdfunding, it said it has been in talks with a number of potential investors and is now [...]
Why the FTSE 100 rises when sterling falls – explained in two charts March 15, 2017 | City Talk The FTSE 100's strong recovery after the Brexit verdict in last June's referendum caught some investors off guard. After an initial wobble, the index surged. Three months later, it was 10.4% higher. But why? There may have been some other factors at play in those months, but one of the strongest drivers in the fortunes [...]
The trends the world’s top firms are cheering March 15, 2017 Corporate fundamentals are now seen to be improving – in all regions and sectors. After three years of deteriorating sentiment, our annual Analyst Survey, encompassing the views of 146 equity and fixed-income analysts, has found there’s much more confidence among the world’s largest companies. Demand growth is back, and we find signs of reflation, rather [...]
The deadly risk of sugar: It’s time investors reassessed food and drinks companies March 15, 2017 In a year where major political earthquakes have moved markets and dominated the news agenda, it’s easy to overlook an investment risk posed from a more mundane source. Overconsumption of sugar, an everyday household item, has consequences both for businesses and their investors that could leave a bitter taste. In 2014, more than 1.9bn of [...]
Podcast: Harvard MBA professor John Kotter’s leadership lessons from meerkats March 15, 2017 John Kotter is an emeritus professor at Harvard Business School and the legendary author of 20 books, including Our Iceberg is Melting. He joins us to talk about his new book, That's Not How We Do It Here – and explain what leaders can learn from a tribe of meerkats in the Kalahari desert… You can [...]
The augmented workforce isn’t coming – it’s already here: Are you ready? March 15, 2017 Digital technology is moving at an unprecedented speed, raising some of the most difficult social, political and ethical questions of our time. Along with disrupting the way we live our lives, it’s fundamentally rewriting the rules of work. Deloitte’s human capital trends survey reveals that despite being the top priority for nine in 10 UK [...]