Big City bosses batten down the hatches for Brexit deal drag August 24, 2016 A drawn-out Brexit process would have a dire impact on the UK's investment and growth according to some of the City’s top veterans as they brace themselves for a lengthy divorce from the EU. Sir Martin Sorrell, the chief executive of advertising giant WPP, BT chairman Sir Mike Rake, and private equity guru Jon Moulton [...]
The Naked Trader is about to divulge his trading psychology secrets August 24, 2016 It's been a while since we were all enthusiastically encouraged to dabble in amateur trading. If all that summer holiday reading hasn’t tired out wannabe millionaires by September, the so-called Naked Trader’s latest offering – “Trade Like a Shark” – will likely be doing the rounds on commuter trains and among the City’s grad scheme applicants. Robbie [...]
WPP chief and Remain campaigner Martin Sorrell wants second EU vote August 24, 2016 Sir Martin Sorrell, the founder and chief executive of advertising giant WPP, wants the British public to be offered a second vote on EU membership after Brexit terms have been negotiated. Sorrell, who campaigned for Remain in the run-up to the EU referendum, told City A.M.: “I still hold out the hope that sense will [...]
Being an assistant to master chocolatier Paul A Young is probably the best PA job in the City August 24, 2016 We wouldn’t say this lightly, but we may have come across what could well be the best PA job in the City. Paul A Young, master chocolatier and owner of the branch of luxury Paul A Young Fine Chocolates shops that bear his name, is apparently looking for a “dynamic and hard working PA with experience”. EXCITING opportunity [...]
Oil major debt climbs to record high as crude prices continue to wallow August 24, 2016 Some of the biggest global oil majors are being weighed down by record levels of debt. Exxon Mobil, Royal Dutch Shell, BP and Chevron hold a combined net debt of $184bn (£138bn) — more than double their debt levels in 2014, according to analysis by the Wall Street Journal. The drop in the oil price [...]
BBC exec: It’s not in licence fee payer interest to know how much stars are paid August 24, 2016 A BBC executive has argued that it would not be in the interest of licence fee payers to know how much the corporation’s biggest stars are paid. Charlotte Moore, controller of BBC One, said this would inevitably drive fees up because all talent would want to be paid the top amount. Read more: BBC not happy [...]
OneSavings Bank chief executive explains why his business is safe as houses August 24, 2016 Despite worries the referendum would wobble housing demand, the boss of OneSavings Bank has found particular niches of the market to be quite lucrative. In particular, Andy Golding told City A.M. the bank was focusing on the "normal stock" side of the market in London – as opposed to the "high-end, crazy value stuff" – which was "still very [...]
The US is not happy about the EU’s crackdown on tech giants’ tax arrangements August 24, 2016 Top officials in the US have raised concerns over Europe's probes into the tax arrangements of companies such as Apple, an investigation of which is due to be wrapped up imminently and could result in a multi-billion pound bill for the tech company. The US Treasury argues it will create an "unfortunate" precedent in international tax policies and leave taxpayers [...]
Deus Ex: Mankind Divided is a flawed cyberpunk marvel August 24, 2016 The Deus Ex series is known for its open-ended cyberpunk universe, a sprawling virtual playground in which you – a cyber-augmented supersoldier – are free to approach mission objectives using your preferred style. Tune and upgrade your glistening cyberbod with noisy weapons and you can blast through the game. Spend your time learning to hack [...]