Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals
There’s been a shake-up at Sports Direct – so who’s who at the top of the discount retailer now? September 23, 2016 Sports Direct's senior management team has been given a serious overhaul, with this morning's announcement that chief executive Dave Forsey has resigned – to be replaced by the group's founder, Mike Ashley. As well as Forsey's departure, which took place with immediate effect, the retailer announced two senior promotions this morning. Karen Byers has been appointed [...]
Return on equity for the top global investment banks is falling. Here’s how they’re dealing with it September 23, 2016 Delegates from firms making their way to Geneva next week for the 2016 financial services Sibos conference will undoubtedly have a lot on their minds. Over the past few years the industry has been facing challenges on many fronts: continued and increasing structural costs, fast-changing regulatory reform, conduct issues and capital requirements, to name but [...]
Should bereaved parents be given statutory paid leave? September 23, 2016 Conservative MP Will Quince has presented a bill in parliament, seeking to introduce a statutory right of two weeks’ paid leave for parents who lose a child. Although it will always be a difficult issue to discuss, it is important for parents in such a tragic situation to have some reassurance that their pay and [...]
Pensioners refrain from splashing the cash despite retirement rule change September 23, 2016 Fewer than one in 10 (nine per cent) new pensioners overspent or think they will overspend in their first year of retirement, research out today has found. When polled on behalf of Prudential, just one in five (22 per cent) first year retirees planned on purchasing a luxury holiday and only 16 per cent intended to splash [...]
Workplace pension scheme member levels hit record highs, but experts warn enough still not being done to prepare for retirement September 22, 2016 The number of people with a workplace pension has soared to its highest level yet, but pensions experts have warned people still are not doing enough to get ready for their golden years. According to figures released from the Office for National Statistics (ONS) today, total membership of occupational pension schemes in the UK rose to 33.5m [...]
More staff than ever are working on fintech at the City regulator September 22, 2016 The City regulator's team of staff working with fintech startups has grown tenfold in the last two years, it's been revealed, as it increasingly looks at the implications of technology on finance. The Financial Conduct Authority's (FCA) Project Innovate scheme, which kicked off in 2014, now has more than 20 staff focused on the crossover [...]
Four things women need to succeed in the City September 22, 2016 There are certain skills and initiatives that will help women succeed in the traditionally male-dominated City. At a recent discussion by a panel of high-profile female leaders from the banking and legal industry, these were deemed the top four ways in which women can be helped to reach the top. 1. You don't need to be [...]
This chart shows pension savers in their 50s should put £7,500 more into their pension each year – while those in their 20s should save £1,500 more September 22, 2016 The average Briton in their 50s should be saving almost £7,500 more each year if they want to have a comfortable retirement. That's according to a study by Aviva, which suggests not only that the gap between what people in the UK are saving and the income they're expecting to have during their retirement has increased [...]
Mark Zuckerberg and wife Priscilla Chan pledge to cure all disease September 22, 2016 Facebook founder Mark Zuckerberg and his wife Priscilla Chan have announced their next big project – probably the biggest challenge they could embark on. The billionaire tech whizz said last night that the next major focus for their charity, the Chan Zuckerberg Initiative, is to help scientists to "cure, prevent or manage all diseases" by the [...]
Back to school: How to prepare for an MBA September 22, 2016 For those in the world of business, finance and management looking for a change of career – or even just a change of direction – an MBA can be a necessity. Data out this week from the Graduate Management Admission Council (GMAC) shows that globally, 57 per cent of larger MBA programmes have experienced a [...]
