Investing in culture boosts operating profits at FTSE 350 firms June 8, 2016 Over half (55 per cent) of FTSE 350 companies saw their operating profits jump 10 per cent or more after investing in their organisations's culture. In a survey by EY of 100 board members from FTSE 350 companies, 86 per cent respondents said that culture was fundamental to their company’s overall performance and strategy and 92 per cent said that investing in culture had improved [...]
At the close: FTSE 100 makes it four positive days on the bounce as commodity prices climb June 8, 2016 A rebound in commodity prices gave a boost to the resources and energy heavy FTSE 100 today, moving it ahead of European markets. The index rose by 16.99 points, or 0.3 per cent, to 6,285.21 points, making today its fourth positive session on the bounce. Oil prices continued their recent rally, climbing to their highest price in around eight months. [...]
Due to popular demand, MPs will now inquire into what you can and can’t be asked to wear at work, including high heels June 8, 2016 What you wear to work is about to become a hot topic in parliament, after an inquiry was launched into high heels and workplace dress codes. The inquiry, which has been launched jointly by the Petitions Committee and the Women and Equalities Committee, has been sparked by a petition started by a receptionist who was sent [...]
Ready, set, go: Pension scheme investors need to be ready to react quickly in run up to EU referendum June 8, 2016 Pension scheme trustees should pour their coffee is extra strong over the next few weeks, as research out today has found they'll need to be quick to react in the run up to the EU referendum. Investment consultants LCP warned that, thanks to the level of uncertainty caused by the upcoming vote, pension trustees will have to [...]
Before the bell: What you need to know before the US market open June 8, 2016 Mixed data out of China is giving economists and experts hope the country is headed for a soft landing, while Hillary Clinton has given her first speech as the presumptive Democratic presidential nominee. Here's what you need to know before the US open at 14:30 London time. US stock futures are looking up ahead of the open. The [...]
Millennials are not going to save your business. But here’s what will June 8, 2016 Digital technology impacts every aspect of our lives. The way we work, live, play and learn has been transformed and the potential it holds is real, very real. In a business context, whole sectors and industries are being disrupted by companies born with digital as part of their DNA and for those seeking to remain [...]
Recently listed CMC Markets lures in the traders to boost its profits; as chief executive Cruddas waves away Brexit “scare mongering” June 8, 2016 Recently listed CMC Markets proved it was quite a catch for traders in its results for its year ended in March, with trading activity significantly increasing. The figures The derivatives dealer revealed that its profit before tax had grown to £53.4m, up 23 per cent on the prior year's £43.5m. Meanwhile, net operating profit increased [...]
The trouble with teamwork: Ten tips to make sure you and your colleagues work in sync June 8, 2016 On average, we spend 37 hours a week at work, which means that most of us spend more time with our colleagues than with our family and friends. And if things aren’t amicable with the people we work with, or our teams don’t function efficiently, those 37 hours are going to be painful indeed. We [...]
Bash this: The UK’s highest-rated chief executive is a banker June 8, 2016 Is this the end of banker bashing? It turns out the UK's most beloved chief executive works in the finance sector – but his isn't one of the traditional lenders… A new ranking by job review site Glassdoor, which is compiled by looking at how employees rate their own bosses, put Craig Donaldson, the chief executive of [...]
Sadiq Khan won’t improve life for London’s renters by wrapping buy-to-let landlords in red tape June 8, 2016 A “referendum on housing.” That was how Sadiq Khan described the London mayoral contest. Access to housing that Londoners can afford is certainly critical to the future success of the capital, and at the heart of the mayor’s plans are substantial reforms to private rented property. As the voice of private landlords, we welcome debate about [...]
