The purposeful CEO is dead: Long live the ‘corporate diplomat’ December 31, 2024 The era of green-centric grandstanding by CEOs might be over – welcome to the age of corporate diplomacy, writes Ali Lyon It had never been more essential, Blackrock’s Larry Fink wrote in the 2022 edition of his widely-read annual letter to CEOs, for bosses “to have a clear purpose”. “Putting your company’s purpose at the [...]
How Asian stock markets are dominating the UK on IPOs December 27, 2024 Asian stock markets continued to surge in popularity in 2024, outperforming the languishing UK market in IPOs. Throughout this year, Asia has dominated on stock exchange floats, with over 600 IPOs throughout the year, more than two thirds of the 867 floats globally in 2024, according to data from Globaldata. In comparison, the UK market [...]
The top five trends emerging in sports marketing in 2025 December 22, 2024 Sports marketing continues to play a diverse and increasingly important role in the marketing mix for brands. And for many reasons. It serves as a launchpad for brands seeking to enter new markets by capitalising on major events across the globe that command mass audiences. It’s a signal of a brand’s stature and prominence re-enforcing [...]
Bank of England governor to visit China with Chancellor December 21, 2024 Bank of England Governor Andrew Bailey will accompany Chancellor Rachel Reeves to China next month, Sky News said on Saturday, a visit intended to revive high-level economic and financial talks that have been frozen since 2019. Sky News said Bailey was expected to hold talks with Pan Gongsheng, the governor of the People’s Bank of [...]
China accuses Britain of causing ‘trouble’ over spy linked to Prince Andrew December 17, 2024 The Chinese embassy in the UK has launched an incendiary attack on the British government today, saying London should stop causing “trouble” after it banned from Britain an alleged spy with links to Prince Andrew. Beijing’s representative in Britain issued its statement amid a furore over an alleged Chinese spy with links to the Duke [...]
Starmer’s diplomacy downplays “epic scale” of Chinese spying December 17, 2024 Yang Tengbo insists that he is not a spy and that he would “never do anything to harm the interests of the UK.” He was speaking yesterday after instructing his legal team to disclose his identity following the “high level of speculation and misreporting in the media and elsewhere.” Much of that reporting focused on [...]
Papua New Guinea to join NRL in £301m ‘diplomacy deal’ against China funded by taxpayer December 12, 2024 A team from Papua New Guinea will join Australian rugby league competition the NRL in a “diplomacy deal” that will cost the taxpayer £301m. It is understood the deal is part of an Australian push to counteract increasing Chinese influence in the Indo-Pacific and follows Australian support for Pacific island rugby union teams participating in [...]
French turmoil could be a boost for the City of London, says top lawyer December 3, 2024 Political turmoil in France and geopolitical tensions between China and the US are showcasing the UK’s status as an “independent financial centre” and destination for international IPOs, a leading capital markets figure has suggested. Mark Austin, a lawyer at Latham & Watkins who has masterminded many of the City’s reform efforts over the past two [...]
US funds soar in November while gold prices sink December 2, 2024 US-focused funds topped the charts in November following Donald Trump’s presidential victory, while gold and precious metal funds struggled to maintain their previously strong performance. The average North America-focused fund grew by 7.2 per cent throughout the month, with North American Smaller Companies growing by a whopping 11.9 per cent. This led the best performing [...]
Why the UK should follow Trump’s lead on tariffs November 29, 2024 Reliance on Chinese imports is a significant threat to UK manufacturing, implementing our own US-style tariffs could boost growth and create jobs, says Emma Parkinson The re-election of Donald Trump marks a seismic shift in global trade dynamics, particularly for heavy industries like steel. As Trump’s administration gears up to potentially impose substantial tariffs on [...]