HMRC brings in £5bn in revenue through fraud investigation February 6, 2017 HM Revenue and Customs (HMRC) is cashing in on its new tax fraud unit, collecting in an additional £5bn in revenue through the service last year. The UK tax authority set up the Fraud Investigation Service (FIS) in 2015 to deal with serious tax probes. The team brought in £2.2bn from criminal investigations in 2016, and [...]
Fund managers plan executive pay crackdown to avert need for government intervention February 5, 2017 A group of fund manager giants have agreed to club together to combat excessive executive pay. Aberdeen Asset Management, M&G Investments and Standard Life Investments were among 13 firms involved in the recent pact. The agreement came after an 18 January meeting of the Investment Association, which came around the time Blackrock, the world’s biggest fund manager, indicated [...]
City Moves for 3 February 2017 – who’s switching jobs? February 3, 2017 Today’s City Moves cover finance at a major UK potash company, a boutique employment group and a legal eagle. Take a look at these movers and shakers: Sirius Minerals Thomas Jay Staley has been appointed to the board of Sirius Minerals as finance director. Thomas has been with the company since October 2014, initially as corporate [...]
After the FTSE 100’s 37 per cent return, should I still invest? February 3, 2017 | City Talk The rise in the FTSE 100 since a low last February has been remarkable. The index was up 33% between 11 February 2016 and mid-January 2017. Including dividends, the index returned 37%. The index also recorded a fresh all time high during that period, reaching 7,337.81 on 13 January 2017. Stocks in certain sectors [...]
Why the banking sector needs to get serious about putting the fun into finance February 3, 2017 It’s no laughing matter: my generation – millennials – has fallen out of love with banks. It’s a familiar narrative: banks don’t understand us, the relationship’s not going anywhere, we’d rather be on social media. In fact, we’d rather bank via social media which is why smart banks are cosying up to platforms like Facebook. [...]
After the FTSE 100’s 37% return, should I still invest? February 3, 2017 | City Talk The rise in the FTSE 100 since a low last February has been remarkable. The index was up 33% between 11 February 2016 and mid-January 2017. Including dividends, the index returned 37%. The index also recorded a fresh all time high during that period, reaching 7,337.81 on 13 January 2017. Stocks in certain sectors led [...]
Financial adviser, data scientist – and truck driver: These are the 10 jobs recruiters are desperate to hire for February 3, 2017 Falling unemployment may be a positive story for the economy, but for people trying to hire, it's becoming an increasingly sticky situation. Now new research has uncovered the jobs recruiters are desperate to hire for – and many of them come with an appropriately enticing salary. Recruitment website Careercast, which it's worth pointing out is based [...]
Which bankers earn the most per hour? New research reveals all – and tells us what the best-paid non-City jobs are too February 3, 2017 It will come as no surprise that bankers are the highest earning professionals in London – but which field of banking is the most lucrative? The highest earners are M&A analysts, with an average annual total compensation of £70,000, according to salary benchmarking site Emolument.com. However, while traders earn less annually than their colleagues in [...]
Rising social awareness is driving a business start-up revolution February 3, 2017 | City Talk It’s a growing global movement reflecting a shift towards a more inclusive business model: social entrepreneurship promotes new approaches to solve old social problems, creating shared financial and social value. The UK is viewed around the world as a leader in social enterprise and creating social value through entrepreneurship. According to the UK Government, there [...]
Four ways to dramatically improve your public speaking February 3, 2017 An often overlooked, but important, aspect of successful public speaking and face-to-face engagement is body language. How people perceive you determines how they react to your address, and ultimately influences their lasting impression of you. Nervousness and a perceived lack of confidence in your subject matter are easy to spot and can instantly undermine authority. [...]
