About to graduate? These are the 10 best jobs for Generation Z, based on growth prospects and salary June 1, 2016 Forget millennials – a new generation is graduating this year, and is about to be unleashed onto the workforce. Get ready for Generation Z. Born in 1995, this is the first generation which has been exposed to technology from birth. But what will they do once they graduate? CareerCast thinks it has the answer. According [...]
House price growth falls to its lowest since October 2015 as stamp duty changes take their toll June 1, 2016 Have George Osborne's changes to house prices had their desired effect? House price growth fell in May, to its lowest since October last year – suggesting things could be about to look up for those struggling to move up the property ladder. Nationwide's House Price Index showed prices rose 1.3 per cent to £204,368 in the [...]
City A.M. Unregulated podcast: Ann Summers founder Jacqueline Gold on how to put sex in the City June 1, 2016 What does it take to turn a chain of seedy stores into the UK's best-known lingerie and erotica retailer? Jacqueline Gold CBE, the founder of Ann Summers, explains how she transformed the business from four shops to more than 140 locations – as well as her setbacks, including the time she received a bullet in the [...]
Ann Summers chief executive Jacqueline Gold: BHS no longer had a place on the high street May 31, 2016 The chief executive of Ann Summers has given a damning verdict on BHS, suggesting its inability to adapt to changing demands may have brought about its downfall. In an interview for the City A.M. Unregulated podcast, Jacqueline Gold said BHS' demise "shows that as a retailer we've got to be forward thinking. "We've got to take into [...]
FTSE quarterly review: Inmarsat and Jimmy Choo set for demotions as Hikma Pharmaceuticals gets ready to move up May 31, 2016 Inmarsat could find itself demoted from the FTSE 100 as part of quarterly changes to the index. The satellite services company, whose shares tumbled earlier this month when it unveiled disappointing first-quarter profits, is set to be bumped from the FTSE 100 – and could be replaced by Hikma Pharmaceuticals, FTSE Russell said today. Meanwhile, [...]
The anatomy of a FTSE 100 chief executive: From education to where you should live May 31, 2016 Reaching the corner office may take a certain amount blood, sweat and tears – but new research has suggested that it may help if you have certain qualities. Whether it's your education, background or just where you live, the FTSE 100 CEO Tracker, by recruiter Robert Half, suggests bosses of the UK's biggest businesses all tick similar [...]
Mafia expert Roberto Saviano says the UK is the most corrupt country in the world – and the City is the worst part May 31, 2016 Here in the City, we're used to a bit of banker-bashing – but now an Italian investigative journalist has given what may be the most damning description of the City of London yet. At this weekend's Hay festival, mafia expert Roberto Saviano said dealings in London's financial services sector make the UK the most corrupt [...]
For sale: 10pc of the UK’s consumer credit card market, as BAML seeks to offload MBNA May 27, 2016 Just over 10 per cent of the UK's consumer credit card market could be about to go up for sale, after it emerged Bank of America (BAML) is finally planning offload its European credit card arm. City A.M. understands BAML has begun courting interest for MBNA, the credit card provider best known for its partnerships with football clubs [...]
It’ll take young Londoners more than a decade to save for one of David Cameron’s starter homes May 27, 2016 The government's new starter homes initiative has come in for a lot of flack – but this may be its most damning criticism yet. Yep: new figures by property services giant JLL show if the average young couple in the capital started saving now, they wouldn't get their hands on a starter home until 2028. That's more than [...]
These are the 12 jobs with the biggest payrises so far this year May 27, 2016 Fed up of waiting for a payrise? Perhaps it's time to start another career… New research by salary benchmarking site Emolument.com has identified the 12 jobs which have had the biggest pay increases so far this year – and, unsurprisingly, marketing tops the list. According to the research, salaries in marketing and communications roles have [...]
