Who is Nan Shepherd? All your questions about Royal Bank of Scotland’s new £5 note star answered April 25, 2016 Much ooh-ing and ahh-ing this morning, after Royal Bank of Scotland (RBS) unveiled the next "character" to feature on its Scottish £5 note: Nan Shepherd. Er, who? The news came just days after the Bank of England revealed which superstar artist will appear on its next £20 note – but led to a bit of confusion among those not [...]
Speculation mounts as BHS teeters on the brink April 22, 2016 Speculation mounted this afternoon that BHS was close to appointing administrators, just weeks after the company completed a company voluntary arrangement (CVA). Reports from Retail Week suggested the retailer, which was sold for £1 to the previously unknown Retail Acquisitions by Sir Philip Green in March last year, was on the brink of bringing in [...]
Disposing of Royal Bank of Scotland: It’s the only way the chancellor can cut borrowing April 22, 2016 Whilst George Osborne was sipping some Chateau Lynch Bages 2000 as HM Government was entertaining President Obama, he surely must have been ruminating as to how he can get the UK'S borrowing requirement down from the unacceptable level of 83.5 per cent of GDP. He has tried desperately hard in recent years to achieve this goal, [...]
The Bank of England just unveiled the artist who will feature on the next £20 note (spoiler: it’s not a woman) April 22, 2016 It's been a nail-biting few months while the Bank of England has um-ed and ah-ed over which artist should feature on its next banknote – and the results are in. During a (relatively, for the Bank of England) glitzy launch ceremony in Margate, artist Tracey Emin unveiled the new £20 note – featuring JMW Turner. The artist, [...]
Listen: Legendary entrepreneur Jim Mellon thinks the Eurozone’s common currency will be forced to disband within years April 22, 2016 By now, everyone has just heard a lot about the minutae of what will or won't happen if the UK leaves the European Union. A little currency weakness here, a little more exporting there – for many, the two sides are essentially arguing over trivia. But then there's entrepreneur Jim Mellon, who has warned that the [...]
Why the exciting world of Shakespeare-branded products could be about to take the continent by storm April 22, 2016 A horse, a horse! My kingdom for a horse! — or a bar of soap, anyway… Yes, to mark the 400th anniversary of Shakespeare's death, the UK's export authority has pointed out that toiletries and home furnishings branded with the Bard’s name have a "huge opportunity for global promotion". The Shakespeare Birthplace Trust is getting [...]
Housebuilder share prices jump as analyst turns totally positive on UK housebuilders April 22, 2016 Shares in housebuilders have suffered in recent months, partly thanks to analyst Liberum, which in November published a note suggesting shares in UK housebuilders were "overvalued". But this morning, the analyst turned (slightly) bullish, saying it was "less cautious" about housebuilders' share prices. Back in November, Liberum's Charlie Campbell downgraded Barratt, Persimmon and Taylor Wimpey to "sell", saying [...]
Want to be a consultant? Here are the specialisms you should aim for if you want the highest salary April 22, 2016 Consultants: they may come in for their fair share of flack, but it's generally worth it at the end of the month. Consultancy may be one of the City's biggest industries – but which specialisms bring in the highest wages? Salary benchmarking site Emolument.com has investigated, and found those working in strategy consulting are bringing home [...]
Daimler just became the latest car manufacturer to look into its diesel emissions figures April 22, 2016 Another car manufacturer is in trouble, after Mercedes-Benz maker Daimler announced an internal investigation into its emissions certification in the US on Friday. The probe came at the request of the US Department of Justice (DOJ) to look into the Daimler’s certification process for diesel exhaust emissions. In the same breath, the company defended itself against a class-action lawsuit filed [...]
