Do you want the “worst job in Ireland”? Ryanair boss Michael O’Leary’s after an assistant November 8, 2016 Renowned for his outspokenness, Ryanair chief executive Michael O'Leary, may not be the easiest boss to work for. Well, so says a job advertisement searching for an assistant to the Ryanair boss. Described as "worst job in Ireland?????", essential attributes include a thick skin, "saint-like" patience and ability to "operate without sleep or contact with [...]
It’s finally arrived: How to trade US election night November 8, 2016 Even with her exoneration by the FBI at the weekend, a victory for Hillary Clinton is not yet guaranteed. Just a few hours before an expected 130m Americans head to the polls, it is still unclear which candidate will enter the Oval Office next year. She may have the edge – Nate Silver’s FiveThirtyEight had [...]
Trump versus Hillary: How to make money whoever wins the US presidency November 8, 2016 This presidential campaign has been nothing if not unpredictable. Less than a fortnight ago, a victory for Hillary Clinton looked all but certain. Then it emerged that the FBI was investigating a new set of emails connected with her private server. Now, she has been cleared, but Donald Trump is arguing that her latest exoneration [...]
Expect a Donald Trump victory to drive gold prices higher November 8, 2016 The 2016 presidential election and its likely impact on financial markets is proving incredibly difficult to call. First we have the relative outperformance of the US economy versus many other major countries to consider. Regardless of who wins, it seems as good as inevitable that US interest rates will still be rising before the year [...]
As a new report finds household debt reaching £1.5 trillion, is this a disaster waiting to happen? November 7, 2016 Baroness Altmann, former minister of state for pensions, says Yes. This news makes for disturbing reading. Casting our minds back a few years to the events leading up to the 2008 crash invokes an apprehensive sense of deja vu. Was it not excessive borrowing that led to the crisis we are still struggling to overcome? [...]
Meet the 18 companies joining the FCA’s regulatory sandbox November 7, 2016 The UK's foward-thinking financial regulator has chosen 18 companies to participate in its so-called regulatory sandbox, where they will be able to test out new technologies without breaching rules. Launched over the summer, the sandbox is designed to foster fintech innovation while remaining under the supervisory eye of the City watchdog, the Financial Conduct Authority. Read more: [...]
Clinton good, Trump bad: Market reaction to changing odds is too simplistic November 7, 2016 Thank goodness Britain is a nation of geniuses (or should that be genii?). Not even six months after the UK got to grips with the minutiae of EU rule-making and its enormous, surreptitiously dastardly implications for our country, we have all suddenly become experts in British Constitutional Law. We have had a lot of assistance [...]
Here’s how much less women in tech get paid compared with men November 7, 2016 Women working in the technology industry in the UK are being short changed. They are earning nine per cent less on average than their male counterparts in the same job, losing out on around £5,000 per year. And women in the UK are losing out more than those working in tech in other top hubs [...]
Start ’em young: City A.M. meets Captify co-founder Adam Ludwin November 7, 2016 By the time he was 21, Adam Ludwin, co-founder of adtech firm Captify, had already been to and quit university, and worked as an estate agent, a city broker and a recruitment consultant. But he still wasn’t content. “For what I wanted to achieve I really didn’t feel that I needed to go down the [...]
IG Group boss joins fintech startup board November 7, 2016 A top boss at spreadbetter IG Group has joined the board of a startup opening up high level investments to individual private investors. Ian Peacock, head of UK and Ireland at the FTSE 250 firm, will join the advisory board of CoInvestor, an alternative investment platform which lets investors put their cash into assets usually reserved for institutional investors. The six [...]