RBS has slashed its bonus pool after disappointing results February 24, 2017 Royal Bank of Scotland (RBS) bankers are in for a disappointing bonus season, after the lender said it had cut its bonus pool by eight per cent. The company said today it had cut its bonus pool from £373m in 2015 to £343m last year. Over 93 per cent of the pool will be paid [...]
My best friend the algorithm is a better human than you are February 24, 2017 Thanks to my friends, I discover some outstanding TV drama from time to time. Like Lost, for example, or the first three seasons of Homeland. Two years ago, someone suggested that I watch a show. To be precise, they did not suggest, they insisted – indeed, demanded – sending me message after message which said: [...]
City Moves for 24 February 2017 – who’s switching jobs? February 24, 2017 Today's City Moves cover a shopping centre owner, professional services and a mobile phone provider. Take a look at these movers and shakers: Intu John Strachan, a non-executive director of Intu since October 2015, will succeed Patrick Burgess as chairman of the company following the AGM on 3 May. John brings a wealth of experience [...]
Trump and the markets: the good news and the bad news February 23, 2017 | City Talk The equity rally since Clinton was “Trump-ed” on 8 November has been the biggest for any new president since Herbert Hoover was elected in 1929. While some believe it marks the early stages of a paradigm shift, others have rationalised the move as “Trump without the bad stuff”. As hedge fund manager Seth Klarman recently [...]
Prices on the rise: What next for inflation? February 23, 2017 | City Talk Inflation is waking up Most of the major central banks are predicting rises in inflation. Price pressure was already beginning to build in 2016 as the world economy showed signs of improvement. Now the policies of a new Trump administration – lower taxes and increased government spending – could increase that pressure. The expectation among [...]
These 10 UK jobs offer unlimited holiday February 23, 2017 Ah, holidays: at this time of year, with wind and rain battering the UK, they seem a dispiritingly distant concept. But what if you had unlimited holiday? You could spend January on the slopes and summer in the Med – all without losing any pay. Jobsite Glassdoor has helpfully listed 10 UK companies (or companies with offices in [...]
Trump and the markets: the good news and the bad news February 23, 2017 | City Talk The equity rally since Clinton was “Trump-ed” on 8 November has been the biggest for any new president since Herbert Hoover was elected in 1929. While some believe it marks the early stages of a paradigm shift, others have rationalised the move as “Trump without the bad stuff”. As hedge fund manager Seth Klarman [...]
Baffling people into buying works – but drop the jargon, say it like it is February 23, 2017 According to a recent study conducted by Britain Thinks, women are wary of investing their cash in financial products, because they are turned off by the jargon the industry employs in its ads. Not just women, I’ll wager. Last year the Financial Conduct Authority warned banks against their persistent use of jargon. “All too often [...]
Are you a spammer? Are you persistent or a pest? Here’s a guide to email etiquette February 23, 2017 Navigating the choppy waters of email politics is not always plain sailing. Following up is something we all have to do. But how do we know when our efforts are futile, or indeed even detrimental to business? Sometimes, persistently following up on an email is the best way to get yourself noticed. A web designer [...]
Northern allure: What Stockport offers investors that London never could February 23, 2017 London property has long been the pinnacle of investment portfolios worldwide, but a slowdown in the capital’s market is prompting a shift in attitudes. For areas of the UK which have failed to grab investors’ attention in the past, large cash injections and a shift in government policy have helped fuel immense residential and commercial [...]