Nintendo drastically slashes profit forecast due to strengthening yen and disappointing 3DS sales February 26, 2016 Nintendo has drastically slashed its profit forecast for the fiscal year ending next month, with a strengthening of the yen weighing on the Japanese video games manufacturer. Net profit estimates were trimmed from 35bn yen (£200.4m) to 17bn yen as its forecast sales were decreased by 70bn yen to 500bn yen. Nintendo's disappointing sales performance [...]
House prices rise again, with the value of London residential properties shooting up by 14 per cent year-on-year, while sales inch down two per cent February 26, 2016 The price of residential property has edged up with the capital seeing the biggest increases in value over the last year, figures released today show. According to the Land Registry's monthly market trend data for January 2016, the average price of residential property in England and Wales rose by 7.1 per cent over a year and [...]
Nearly half of businesses with vehicles in London use some kind of telematics technology February 26, 2016 NULL
Brexit vote won’t have a material impact on business, said IAG chief executive Willie Walsh February 26, 2016 A Brexit vote would not have a material impact on the airline business, according to Willie Walsh, chief executive of International Airlines Group (IAG). Last year, Walsh said that he was “pro-Europe”, adding that he believed the UK is better off within the EU from a business point of view. However, speaking this morning on [...]
London Business School produces the most business leaders and chief executives, while Oxford University has the most graduates on £500,000 plus February 26, 2016 It's that time of year – when the thoughts of the nation's 17-year olds turn to which university they want to go to. If you have leadership ambitions, you could do worse than pay attention to new research from salary benchmarking site Emolument, which has found London Business School has produced the most leaders, with five [...]
EU referendum: Brexit could cause turmoil for more than half of small businesses in London who are relying on a workforce that comes from across the EU February 26, 2016 A Brexit could be bad news for more than half of small businesses in London who are counting on migrant workers to keep them up and running, according to a specialist accounting firm. "We do the accounting for several hundred small businesses in London, with more than half of them relying on a workforce that includes [...]
London workers did nearly £9,000 of unpaid overtime last year – as the UK racks up £31.5bn of unpaid work February 26, 2016 We're all used to putting in those extra few hours a week – but how much would you make if you were actually paid for it? New research has calculated that the average London worker could have made an extra £8,669 last year… The research by the Trades Union Congress, found 5.1m UK workers collectively [...]
City Moves for 26 February 2016 | Who’s switching jobs February 26, 2016 Edmonds Marshall McMahon Private prosecution law firm Edmonds Marshall McMahon has announced the firm’s expansion into civil fraud with the appointment of leading City litigator Robert Hunter. He joins as a partner from Herbert Smith Freehills where he was head of the fraud and asset tracing group. Robert has over 25 years’ experience in the [...]
Making a killer speech: How to keep your audience on tenterhooks February 26, 2016 Being able to communicate across your workforce is a key skill required by anyone who is, or has aspirations to be, in senior management. In large corporations, employee demographics can differ widely – this is no more pronounced than at internal company events and conferences which both domestic and international delegates are likely to attend. Senior [...]
EU referendum: 42 per cent of the small business vote can still be swayed February 26, 2016 Much of the small business vote can still be swayed ahead of the impending European Union referendum, according to new research. Research from the Federation of Small Businesses (FSB) today found that 42 per cent of the small business vote on the UK's membership of the EU could still be won by either the "Leave" [...]