Investment trust winners of 2016 November 29, 2016 | City Talk Investment trusts focused on Asia are on course to deliver some of the best returns in 2016, according to data for trust sectors. Investment trusts are an alternative to more commonly held open-ended funds or unit trusts, offering some advantages. This is explained here: investment trust v open-ended funds Here, we look at the [...]
It might not be our problem in the future: Southern rail’s owner cuts pension costs to reflect “limited responsibility” November 29, 2016 It's been a nightmare year for Southern rail. But its owner was given a boost today after revealing its profits will leap by 38 per cent, simply by changing the way it accounts for its railway pension costs. Go-Ahead shares were one of the top movers in the FTSE 250 this morning, up over three per cent, following [...]
London will reinvent itself again post-Brexit if it remains flexible and open to the world November 29, 2016 "We don't plan London very much. Nobody planned to have the euro-dollar market, for example. It rose because clever people were very quick at responding to market signals.” Speaking at a debate at the Museum of London on the future of the capital, hosted by Eversheds, The Independent’s Hamish McRae set out the optimistic case for the [...]
A vote for No in the Italian referendum is unlikely to precipitate “Italeave”, but could worsen the situation facing the country’s beleaguered banks November 29, 2016 Since the European sovereign debt crisis, critics of the euro have asked how long the single currency can continue when the economies which use it are on such divergent trajectories. Now, after a third Greek bailout, a Brexit vote and Donald Trump’s presidential win breathing hope into eurosceptic parties across Europe, their prophesy may be [...]
Investors should give thanks for record highs – but prepare for Hard Trump November 28, 2016 Thanksgiving, a national holiday of reconciliation, took on greater significance in the US this year as families tried to put political differences aside and find common ground in their love of turkey, stuffing and pumpkin pie. President-elect Donald Trump attempted to mend the wounds of a divisive election campaign on the eve of Thanksgiving by [...]
The UK is a massive digital loser in business, apparently November 28, 2016 Just one per cent of businesses in the UK are considered "digital winners", with the majority failing to embrace its transformational effects. The UK lags behind the rest of the world and is considerably less digital than several of its European counterparts, according to a new study of more than 4,000 executives and employees in more than 21 [...]
Shut your mouth! Noisy eaters are costing the nation’s economy November 28, 2016 Time is money, as they say, and it turns out office annoyances are costing us hours of wasted time… won't someone think of the lost productivity? To put a number on it, research by Samsung suggests 5.5 hours of our working week go on griping, such as complaining over crashing computers and even colleagues who eat too loudly. Where [...]
Love him or hate him, President Trump’s success is a lesson to us all November 28, 2016 What can British chief executives learn from the US presidential campaign? The critical lesson is that technical expertise no longer defines leadership. Trump is not an expert on much, yet he managed to get himself elected to the most powerful political office in the world. Talk to the people One of Trump’s greatest campaign feats [...]
Tapdaq co-founder Ted Nash talks Fit or Fugly, app discovery, and why virtual reality is about to change our lives forever November 28, 2016 Some people go through their whole life without finding what they’re passionate about, or only discover it later in life. I’m very fortunate because I found something I was passionate about at a very early age, and it’s become my career,” says Ted Nash, co-founder and chief executive of Tapdaq, whose platform enables app developers to [...]
Baroness Ros Altmann: I still expect Sir Philip Green to sort BHS pension deficit November 28, 2016 Some people may have abandoned hope of the BHS pension deficit being plugged, but a former pensions minister has revealed she still has faith in Sir Philip Green being true to his word. Baroness Ros Altmann has said that, although the retailer's collapse while it was running a pension deficit worth £571m had shaken people's trust in defined [...]
