Property Entrepreneurs: How Pelican Media built an app to sell City apartments off-plan March 30, 2016 When the luxury apartments at Landmark Place in the City of London were launched in February, their details were presented on a series of iPad Pros. The new tablet had been launched just three months previously, but Tony Nicol could see the benefits of using the new hardware – and set his team racing to [...]
Penna: managers aren’t good at discussing careers March 30, 2016 According to a study conducted by Penna, the global people management business, over 60 per cent of employees are said to be considering a job shift because of a lack of career development opportunities. Penna says this is due to the fact that many managers are ill-equiped to discuss career topics such as "salary, delayed promotion and aspirations vesus [...]
Females struggle to break free from gender uniformity March 30, 2016 According to a new PwC report, common misconceptions that men are more likely than women to want to work abroad is creating barriers for women working in financial services. The reported misonception greatly contrasts with data that suggests that men in financial services are more likely than women to prefer international assignments before starting a family. In addition, [...]
Bank of England stress tests: Berenberg warns Lloyds Banking Group could be hit hard by 2016 stress tests while Standard Chartered and HSBC could fare better than in recent years March 30, 2016 Lloyds Banking Group is "particularly vulnerable to larger stress test losses" in 2016 compared to Britain's other big banks, analysts at Berenberg have warned. The Bank published its plans yesterday for this year’s stress test of Britain’s biggest banks, saying it would test to see how lenders would fare in a scenario where global growth falls 1.9 [...]
Good news! English football fans are getting the best deals on flights to France for the Euro 2016 March 30, 2016 NULL
Takata’s share price is crashing as airbag recall balloons March 30, 2016 Shares in Japanese airbag manufacture Takata have slumped after the supplier warned the recall of its airbag inflators, fitted into millions of cars around the world, would exceed earlier estimates. The total cost of the recall is expected to come in at 2.7 trillion yen (£16.6bn), £5bn more than analysts at Jefferies had previously estimated. Takata, it [...]
Pressure grows at EDF over Hinkley Point C March 30, 2016 A board member at French utility giant EDF has vowed to vote against its plans to build the £18bn Hinkley Point C nuclear power plant. Christian Taxil, EDF board member for managers' union CFE-CGC, wrote to employees saying his decision was due to ongoing concerns about the project. "Today, conditions are not right for me to [...]
IPPR: Tata steel plant closure could lead to 40,000 job losses March 30, 2016 Failure to find a buyer for Tata Steel's UK business could lead to 40,000 job losses in Britain, a leading think tank said today. The IPPR warned the total figure was likely to be higher, when reduced spending from unemployed workers hits demand in local economies. This could result in more business closures and job losses outside of the steel sector. The [...]
Draghi’s “Big Bazooka” losing steam as Standard & Poor’s slashes Eurozone growth forecasts March 30, 2016 Standard and Poor’s (S&P) has slashed its growth forecasts for the Eurozone, saying that low growth and weak inflation looks set to stalk the continent for the foreseeable future. The ratings agency reckons the Eurozone will expand by a miserly 1.5 per cent this year, down from its previous forecast, made just four months ago, [...]