Fintech Lookahead 2016: The disruptors you should be looking out for November 19, 2015 What can we expect to see from the fintech industry over the coming year? And what kinds of companies are leading the charge? In its 2015 Global Banking Annual Review, McKinsey said that “banks are under attack from new technology companies and others seeking to poach their customers. To date, banks’ losses to attackers have [...]
FTSE 100 sees third consecutive rise as miners surge – London Report November 19, 2015 Tourism-related stocks came under pressure yesterday on concerns about international security after last week’s attacks in Paris, though Britain’s top share index got support from gains in commodity shares. The blue chip FTSE 100 index was up 10.21 points, or 0.2 per cent, to 6,278.97 points by the close, buoyed in late trade by a [...]
Shore Capital, Tullett Prebon, Haitong Research: Best of the Brokers for 19 November 2015 November 19, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com Shore Capital has have retained a “buy” recommendation on Crest. They expect the short-term sell-off or profit-taking round in the sector looks to have run its course and stocks may rebound. Even at the sector peak towards the end of September, Crest never [...]
Unlocking the real potential of big data – ACCA Comment November 19, 2015 We are right in the middle of the “big data revolution”. There is a global consensus on the importance of big data and the benefits that come from harnessing its massive power. So much so, in fact, that firms aren’t afraid to fork out serious levels of investment to keep up. A survey of [...]
The secrets of the external consultant: From targets to culture, lay the groundwork before you hire November 19, 2015 When companies need to deliver a significant change, it is often not possible to find the necessary resources and expertise internally. This issue has been exacerbated by the widely-reported skills gap in the UK business market – a challenge to which there is no easy or quick answer. To help overcome this, and to [...]
London drivers pay over £119m a year in traffic fines caught on CCTV November 19, 2015 London councils are raking in over £119m a year from traffic violations caught on CCTV, with motorists in the capital contributing 65 per cent of money made from traffic violations across the UK. According to Freedom of Information data from price comparison site confused.com, Ealing Council made the most revenue at £3m with the London Borough [...]
The Brits are back in town: Domestic buyers dominate London’s prime property market November 19, 2015 British buyers are returning in droves to the London property market and now account for well over two thirds of purchases in the capital’s prime post codes, new research revealed today. The proportion of sales to domestic buyers has jumped to 79 per cent in the third quarter from 75 per cent a year ago, leaving overseas [...]
Sajid Javid calls for EU market reforms November 19, 2015 The business secretary Sajid Javid will later today call for the European Union to move “further and faster” towards single-market reform. In a speech at Chatham House, Javid is expected to say the EU needs an “efficient free trade mechanism” to support the UK’s financial services, service sectors, investment, and high-value manufacturing. It follows a speech [...]
UK entrepreneurs have put in over £240bn in after hours economy November 19, 2015 The UK’s entrepreneurs are a hard working bunch, and it shows in their contribution to the global after-hours economy. Combined, they have added at least £240bn in hours worked beyond the norm, with 38 per cent routinely working more than a 40-hour week, according to research by Sage. The main drivers of hard work were [...]
SMMT: UK car manufacturing hits 10-year-high as car makers keep the pedal to the metal November 19, 2015 Car manufacturing in the UK has hit highs not see for a decade, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). From the beginning of the year through to the end of October, production volumes were recorded to be at their highest levels since 2005, with 36,000 more units made this [...]