London businesses are showing increasing concerns that their new graduate recruits aren’t up to snuff August 5, 2016 Graduate recruitment may be rising, but London businesses are concerned over the readiness of their new recruits, according to a new survey. Figures from a survey by the Confederation of British Industry and education business Pearson in April and May this year show that one in three London businesses upped their graduate recruitment in the past year. [...]
Bremainers, Cameron aides and Shami Chakrabarti get honours August 4, 2016 Former chancellor George Osborne topped the list of David Cameron’s resignation honours today, while Labour leader Jeremy Corbyn raised eyebrows with his nomination of Labour anti-Semitism report author Shami Chakrabarti. Cameron’s resignation honours rewarded “Bremainers” and many of his inner circle. Osborne has been made a Companion of Honour for political and public service, while former [...]
BrewDog bites off $50m equity fundraising challenge for US expansion August 4, 2016 Scottish craft beer upstart BrewDog has bitten off its biggest equity crowdfunding challenge yet in a bid to raise $50m for its US brewery. If its Equity for Punks USA round is successful, it will beat the previous record – also set by BrewDog – for online equity crowdfunding. In April, the company's Equity for Punks fourth [...]
Thank Mark Carney if Britain escapes a post-Brexit recession August 4, 2016 The 0.25 per cent cut from 0.5 per cent, itself already a record low, finally came yesterday, a month later than the market had anticipated. It was the first move in interest rates by the Bank of England in seven years. I often wondered whether membership of the Monetary Policy Committee (MPC) wasn’t the best [...]
What businesses can expect from Theresa May’s self-consciously pragmatic Conservatism August 4, 2016 From what retailers sold in their shops to their advertising, David Cameron seemed to have a view on everything businesses did. While they might not have approved of it all, businesses understood what he was thinking. Not so with Theresa May. May intervenes in public debate sporadically, on bigger issues and with more focus. She [...]
Being offensive made Donald Trump’s campaign: Now it’s killing it August 4, 2016 The world is watching Donald Trump, unhinged. Not to suggest he’s been particularly level-headed up until now. From his entry into the primaries last year to the Republican National Convention two weeks ago, Trump has walked a fine line between humour, sarcasm, and challenges to the politically-correct status quo and, every once in a while, blatant [...]
As the Bank cuts interest rates and restarts bond purchases, will it succeed in stimulating the economy? August 4, 2016 Dean Turner, UK economist at UBS Wealth Management, says Yes. With the threat of a sharp slowdown looming, the pre-emptive strike by the Bank of England with a comprehensive package of easing measures, should ease the pain. The measures were more than the markets were anticipating, as was the signal that the Bank stands ready to [...]
Focus On Archway: Will a new road system, public square and revamped tube station boost house prices in N19? August 4, 2016 Legend has it that when Dick Whittington was on his way out of London, he reached Archway, heard the peal of the Bow Bells and decided to return to the capital. Its reputation as a hinterland, a border, endured for centuries afterwards. Known originally as Highgate Archway – as in, the place you pass through [...]
Kellogg’s profit snaps, crackles, and pops up August 4, 2016 Corn Flakes and Rice Krispies maker Kellogg's has pushed up its 2016 profit forecast after saving more than expected from its cost cutting measures. In 2013 Kellogg laid out plans to save $475m annually by 2018 by cutting jobs and production costs. Kellogg’s sales costs fell 11.5 per cent to $2bn in the second quarter, [...]