UK insurance firms feeling the pressure from the top and the bottom of the market – PwC February 9, 2016 Insurance firms are feeling the pressure from below and above, according to new data out today from accounting group PwC, with bosses citing regulators and new competitors entering the market as two of their biggest concerns. The survey revealed that 94 per cent of insurance chief executives are concerned that over-regulation in the sector could [...]
A day with Zac Goldsmith: Just one of the prizes up for grabs at the Conservatives’ Black & White ball February 8, 2016 Guests at the Tories' Black & White Ball just can't get enough of hanging out with Conservative MPs it seems. Despite having to fork out at least £5,000 for a standard table for ten, and up to £15,000 for a premium table, one of the guests at the lavish event, held last night at the Brewery in [...]
Smartphone batteries that last for a week could be available soon as Intelligent Energy strikes deal with manufacturer to add hydrogen fuel cells to handsets February 8, 2016 While smartphones have changed the world mainly for the good – constant access to Google makes winning arguments and pub quizzes that much easier – they don't match up to their brick-like predecessors in one very important way – battery life. While old faithfuls like the Nokia 3210 could last for days without having to be [...]
Media mogul Michael Bloomberg says he is considering running for US President in 2016 White House race February 8, 2016 Michael Bloomberg, former mayor of New York and owner of the global media group that shares his name, has said he is considering entering the race for US President. When asked whether he would pursue a nomination, Bloomberg told the Financial Times he was "looking at all the options". "I find the level of discourse and [...]
City Moves for 8 February 2016 | Who’s switching jobs February 8, 2016 Cluttons The equity partners of real estate services firm Cluttons have elected Steven Morgan (pictured), current Middle East chief exec, as the business’ new senior partner, with the role to commence at the start of the company’s new financial year in April. Steve, who is an existing board member of Cluttons and has been with [...]
The thinning line between public services and private firms: TaxPayers’s Alliance wants Freedom of Information laws to affect private companies February 8, 2016 Private companies have been providing goods and services to (and on behalf of) the state for as long as the state has existed. After all, the NHS doesn't make its own MRI machines any more than the Home Office manufactures its own police cars. True, there have been times in the not too distant past [...]
EU referendum: Pro-European Union group says Brexit would cost London £13.9bn February 8, 2016 Staying in the European Union will deliver a “permanent boost” to the capital's economy, according to new figures released by pro-Europe business group London First. Analysis conducted by the Centre for Economics and Business Research (CEBR) for the lobby outfit says that EU membership could add £13.9bn a year and 75,000 jobs to London's economy [...]
Majority of British public think companies receiving taxpayer’s money should be subject to Freedom of Information laws – 38 Degrees February 8, 2016 Six in 10 Brits believe Freedom of Information (FOI) laws should apply to companies receiving taxpayers' money to provide public services, according to a new poll released today. The survey, commissioned by campaigns group 38 Degrees and carried out by YouGov, showed only 10 per cent of the British public would oppose applying FOI laws to [...]
Cyber attacks and data breaches are biggest threat to business in 2016 – Business Continuity Institute February 8, 2016 Cyber attacks and high-profile data breaches are the biggest threat to business in 2016, according to a survey of 500 companies from around the world. A whopping eighty-five per cent of risk experts polled by the Business Continuity Institute said they were concerned by the prospect of a cyber attack over the next 12 months, [...]
EU referendum, slowdown in China, volatility in global markets and turmoil in the Middle East to rock UK growth in 2016 – BDO report February 8, 2016 Global economic fears and uncertainty over the EU referendum have pushed business confidence to a three-year low. The economic slowdown in China, volatility in global markets and turmoil in the Middle East are all starting to take their toll on the previously resilient UK economy, accountancy firm BDO has warned this morning. The impending EU [...]
