London Stock Exchange beats expectations as it seeks to push through Deutsche Boerse merger October 20, 2016 The London Stock Exchange Group has reported growing income in its third quarter, beating expectations, as it seeks to push through its merger with Deutsche Boerse. The figures In an interim management statement, the LSE said revenue from continuing operations was up 15 per cent to £376.2m for the three months to 30 September. Read more: [...]
How one buccaneering family dominated the UK scampi market October 20, 2016 "At the tender age of 32, I got involved in buying assets from the receivership of what was the Whitby Shellfish Company”, says Graham Whittle, founder of Whitby Seafoods. From relatively humble beginnings, in just over thirty years, the business has gone from one that was sinking to the biggest producer of scampi in the UK, [...]
The UK has a data deficit: MBA students can stay ahead of the curve October 20, 2016 Regardless of your sector or particular line of work, your career will be affected by the increasing technological complexity of the modern world, and particularly the vast (and rising) amounts of data that fuel every industry today. As being able to understand and analyse data becomes ever more important in non-specialist roles, MBA programmes – [...]
“I’ll keep you in suspense”: Donald Trump might not accept the US presidential result October 20, 2016 Donald Trump has declined to say how much of a sore loser he would be were Hillary Clinton to triumph in the US election next month. The Republican candidate has refused to commit to accepting the result of the election, which he has suggested could be rigged. “What I'm saying is that I will tell you at [...]
Have a free market solution to poverty? Then you could be £50,000 richer October 20, 2016 A top free market think tank has partnered with one of Britain’s most successful entrepreneurs to launch a nationwide competition in search of ways to reduce poverty. The “Breakthrough Prize” – launched today by The Institute of Economic Affairs and serial investor and multi-millionaire Richard Koch – is on the lookout for a single idea “that [...]
UN highlights £17bn potential of girls’ education October 20, 2016 Ensuring girls stay in school could boost the developing world economy by $21bn (£17bn) a year according to a new United Nations study. The UN’s Population Fund (UNFPA) called on governments to introduce policies which ensure they do not miss out on the potential economic boost from their rapidly expanding and young populations. UNFPA said young [...]
London construction slowing after the Brexit vote October 20, 2016 Construction in London is undergoing a slowdown following the Brexit vote, according to chartered surveyors. A survey from the Royal Institution of Chartered Surveyors (RICS) found that nine per cent of surveyors have reported that construction had risen rather than fallen in the capital this quarter – but this was the lowest reading from the survey since [...]
Cutting the apron strings: How Brexit will force British banks to think on their feet October 20, 2016 I do not believe there is some fantasy world out there that if Britain leaves the EU we can somehow be economically better off.” The words of none other than former chancellor George Osborne, prior to Brexit. But despite the initial aftershock, the Bank of England’s latest GDP forecast clearly shows that Britain’s economy hasn’t [...]
Wanted: A market breakthrough to solve poverty in rich countries October 20, 2016 What is the point of a free market system? It’s to lift people out of poverty, giving them a better life, richer in every way. By this test, free markets have been fantastically successful historically. But rich countries, from the UK and America to those in Europe, have done nothing much for the poor in [...]
In defence of the global citizen: Bashing the cosmopolitan way of life is the stuff of the seventies October 20, 2016 If you believe you are a citizen of the world, you are a citizen of nowhere,” recently declared our Prime Minister. I believe that this statement is both parochial and narrow-minded, as if spoken by someone who has only ever lived in one country, spoken one language and does not know better. I grew up [...]