Stop all that corporate drivel and get to the point July 29, 2019 Lots of recent heavy-duty research suggests that millennials and generation Z are different from other consumers. According to such studies, these younger generations care more about ethical issues and the environment, they want to know what their pensions and investments are being used for, and they want to buy from companies that have a higher [...]
From energy to insurance: How Open Banking could fix the loyalty penalty headache July 29, 2019 You don’t get to be Prime Minister without having a few political gifts. One of Theresa May’s was her ability to spot the issues that people cared about – even if she found it harder to come up with effective ways of improving them. That was why her maiden speech outside Downing Street was so [...]
Herd behaviour is more to blame for the Neil Woodford saga than the man himself July 29, 2019 Over the last two months, the media storm around Neil Woodford has captured the attention of investors, regulators, and even parliament. A man who was once billed as “Britain’s Warren Buffett” is now at the centre of a crisis which threatens to extinguish the star fund manager and his eponymous fund. Woodford built his reputation [...]
DEBATE: Has ‘diversity’ become a dirty word in the tech industry? July 29, 2019 Has ‘diversity’ become a dirty word in the tech industry? Philippa Sturt, managing partner at Joelson, says YES. The term “diversity” has become so prevalent in the tech sector that it has lost a lot of its impact, especially when it comes to gender. In the venture capital industry, for example, investors are being encouraged [...]
Our collaboration with Manchester and Leeds will unlock the UK’s full potential July 29, 2019 What do Channel 4, Amazon, TalkTalk, Boohoo, and Autotrader have in common? The answer is that they have all announced that they are creating jobs in the Manchester and Leeds regions. Last week, I visited these two cities with a growing global reputation. Like the City of London, Manchester and Leeds both host strong financial [...]
City Moves for 29 July – Who’s switching jobs at Lasalle, Augusta and Knight Frank? July 28, 2019 Today’s City Moves includes Lasalle, Augusta and Knight Frank. Lasalle Global real estate investment manager Lasalle Investment Management has announced that Martin Zdravkov has joined its UK business in the newly-enhanced role of head of UK residential and impact investing, based in London. Martin will report to Philip Nell, the head of UK real return [...]
Housing crisis is harming productivity, nearly half of UK businesses warn July 28, 2019 Britain’s housing shortage is having a harmful impact on the country’s productivity, nearly one in two businesses have warned. Some 43 per cent of UK companies with over 1,000 employees said that housing issues are having a negative effect on their business’ productivity, according to new findings released by the Centre for Social Justice. Read [...]
Speculation of possible rival bids in wake of Advent International’s £4bn offer for Cobham July 28, 2019 US private equity firm Advent International’s £4bn offer for Cobham came under scrutiny over the weekend amid shareholder divisions and speculation of rival bids for the defence group. Some of Cobham’s largest shareholders have been split in their support for the offer, which marks the latest in a series of public companies being bought out [...]
A clash of visions at Sports Direct July 28, 2019 Mike Ashley once admitted that there was in fact another person who has really been running Sports Direct. She is a media-shy 51-year-old woman called Karen Byers. For almost three decades, Byers has been quietly working under Ashley as one of his core lieutenants, pulling 18 hour days and keeping a ruthless focus on the [...]
London Stock Exchange in talks to buy data analytics firm Refinitiv for $27bn July 28, 2019 The London Stock Exchange Group (LSE) is in discussions to buy data analytics firm Refinitiv for $27bn (£22bn) in a blockbuster deal that could see the company take on Bloomberg. The exchange group confirmed it is in talks with Thomson Reuters and a consortium of funds linked to private equity firm Blackstone to acquire the [...]