City Moves for 19 January 2015 | Who’s switching jobs January 18, 2015 BirthStar Target Date Funds The solutions provider for asset managers and intermediary firms has announced two appointments. Tony Hicks joins as head of business development from Aberdeen Asset Management. He has also held roles at Scottish Life and Gartmore Fund Managers. Rachael Harris (pictured) joins as head of key accounts from Just Retirement, where she [...]
Best of the Brokers for 19 January 2015 January 18, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com UK MAIL GROUP Cantor Fitzgerald reiterated the delivery service’s “buy” rating, following a quarterly update which showed trading is in line with expectations. While the broker was cautious on the firm’s near-term outlook, it said the company is “a clear winner in the [...]
Consumers win with rise in jobs and earnings – London week ahead January 18, 2015 UNEMPLOYMENT is falling while earnings are rising, figures out this week are expected to show, sending good news for consumers. Data due out on Wednesday is likely to show the labour market continuing to strengthen. Howard Archer, of IHS Global Insight, said: “We expect claimant count to have fallen by 25,000 in December to stand [...]
US stocks may finally undergo a correction – The week ahead on Wall St January 18, 2015 THIS week may show whether US stocks are finally undergoing a long-awaited correction or if a recent run of losses are just a bump on the road to more gains. It has been more than three years since the S&P 500 has dropped 10 per cent or more. This month, the benchmark index fell five [...]
Opec is dead: The oil war could crown America as the global swing producer January 18, 2015 I well remember suffering through my college macroeconomic class, steeling myself to stay awake through the consumption of gallons of coffee. However, one of the rare things that piqued my interest was the theory of cartels. Properly defined, an efficient cartel possesses three basic properties: the ironclad discipline of its membership; a commanding market position; [...]
Don’t turn the clock back: Expanding Gatwick Airport is in everyone’s interest January 18, 2015 This summer, the Airports Commission will recommend where Britain’s next runway should be built. In simple terms, it comes down to a choice about the sort of country we want Britain to be in the twenty-first century. We all want Britain to grow and to prosper. The question is whether we pursue economic growth at [...]
London’s new crisis: A shortage of offices will do immense damage January 18, 2015 If London is to reach its economic potential in 2015 and beyond, its office space must be protected. Otherwise, the lack of affordable housing in the capital will be matched by a lack of affordable office space. The crisis in the provision of housing for Londoners is an undeniable issue; for London to remain a [...]
2015 World Economic Forum: As the global elite prepare to gather in Davos, is the annual meeting a waste of time? January 18, 2015 Philip Booth, professor at Cass Business School and editorial and programme director at the Institute of Economic Affairs, says Yes. The world’s great and good will meet in Davos this week. The meeting is dangerous and perpetuates a fallacy. It’s dangerous because it provides a forum for rent seekers (big business and regulators) to meet [...]
LiteBulb Group’s Simon McGivern and James Phillips talk Mary Berry, cashpoint encounters and woodwork January 18, 2015 It's not every day that you bump into an old friend at a cash machine in Fulham and end up hatching a business – but then Simon McGivern and James Phillips, the founders of LiteBulb Group, are not your average pair. They went to school together (although they didn’t know each other very well) and [...]
There’s hard evidence that soft skills are key to success in business January 18, 2015 I’m regularly asked how to get ahead at work and what lessons there are from my own success in business. The answer often surprises people. It’s not just about qualifications. It’s not about my education or background. I’d actually put my success down to something called soft skills – the vital abilities in areas such [...]
