Why chess masters have the advantage in business December 23, 2015 This month saw a host of entrepreneurs and business people line up to bid for the chance to play chess alongside some of the world’s greatest chess professionals in the Pro-Biz Cup, held at London’s Olympia. The two arenas – those of chess and business – may not seem at first to have any [...]
Four stocks for your stocking: Which are the best shares to buy in 2016? December 23, 2015 These shares should bring some festive cheer. Experts reveal their top plays for 2016 and beyond C&C Irish company C&C is a producer of beer, cider and soft drinks. Alex Wright, manager of the Fidelity Special Situations fund, likes C&C for its strong market position, solid plans to expand abroad and the fact the alcohol [...]
EU referendum: New survey shows leading institutional investors are more concerned about Donald Trump than Brexit in 2016 December 23, 2015 Nearly half of leading institutional investors are concerned about Britain leaving the European Union next year, according to a new survey. Forty-seven per cent of global institutional investors polled by FTI Strategy Consulting and Research this month said that they were concerned about a 2016 Brexit harming their portfolio. Investors remain sceptical, however, that British [...]
City Moves for 23 December 2015 | Who’s switching jobs December 22, 2015 KPMG David Ferbrache has joined KPMG as a technical director to enhance the capabilities of the firm’s growing cyber security practice. Prior to working for KPMG, David was the head of cyber & space at the Ministry of Defence. He will lead the development of future cyber security services and advise KPMG’s key clients on [...]
Dow up 1pc in Wall St rally – New York Report December 22, 2015 DATA released yesterday showing that the US economy grew at a fairly healthy clip in the third quarter buoyed the markets. The Dow Jones industrial average ended 0.96 per cent higher, or 165.65 points, at 17,417.27. The S&P 500 gained 0.88 per cent to 2,038.97 and the Nasdaq Composite added 0.65 per cent to 5,001.11. [...]
How to use contacts and influence customer service workers: M&A adviser lets rip on Nationwide boss Graham Beale December 22, 2015 Working in finance comes with many perks. Even after the salaries, bonuses and outings with clients, there’s still fun to be found in terrorising the customer service workers of your colleagues and rivals’ banks. One M&A adviser has been using the opportunity to practise his boardroom bulldog tactics. Nicky Samengo-Turner, adviser with Hundon Hall, has [...]
Goldman Sachs and Morgan Stanley cast doubt on oil market rebalancing next year December 22, 2015 Some of the world’s biggest investment banks have said that the supply/demand gap for oil will not rebalance as quickly as the market currently expects next year. Goldman Sachs said that the 1.5m barrel a day global market imbalance in the fourth quarter of this year is likely to continue into the first half of [...]
Draft Investigatory Powers Bill will put legal professional privilege at risk, warns Law Society December 22, 2015 The Law Society today warned that the draft Investigatory Powers Bill could put an end to legal professional privilege as we know it. The Society, which responded to the draft Investigatory Powers Bill Joint Committee consultation today, has called for the new legislation to include explicit protection for those who want to receive confidential advice from their [...]
Silvertown Tunnel consultation opened by TfL as it seeks public feedback December 22, 2015 Plans for the Silvertown Tunnel, a new river crossing in the east of the London, are being opened up to the public. Transport for London is seeking feedback from locals and other interested parties with a new consultation on the connection between east London's Royal Docks and Greenwich Peninsula. The £750m tunnel, which is expected [...]
Uber UK under threat in London with new “five-minute wait” regulations proposed by Transport for London after black cabbie fury December 22, 2015 Uber users could be forced to wait five minutes for a ride – even if it was immediately available – if new rules proposed by Transport for London get the go ahead. In addition to a minimum wait time, detailed new regulations of taxis and private hire vehicles in the capital could also curb several [...]