Children’s rights and business: The quality of corporate reporting on child abuse is key to tackling it – ACCA Comment September 17, 2015 In the twenty-first century, businesses have come to depend on the value of their brand more than they ever have in history. In March this year, Ocean Tomo released the 2015 update to its annual study of intangible asset market value, which revealed that intangible assets grew to represent an average of 84 per cent [...]
Crowdfunding and the third age of finance: Why banks are now seriously taking note September 17, 2015 Crowdfunding has titillated a lot of people. Armchair investors can pile into funding rounds alongside VCs, lending to or taking stakes in promising businesses. People can raise money for unwell relatives and community projects nearby – or across the globe. And SMEs turned away by banks can borrow from the crowd, issue equity, or [...]
Best of the Brokers for 17 September 2015 September 17, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com ASOS Berenberg reiterated its “buy” rating on the online retailer, and reduced its target price from 4,700p to 4,100p. The broker said that while currency headwinds are a near-term concern, a strong pound is factored into management guidance, and “the increasing utilisation of [...]
SABMiller sale talk brews one-week high for blue-chip – London Report September 17, 2015 Britain’s top share index climbed to a one-week high yesterday, with SABMiller surging about 20 per cent after news that AB InBev, the world’s largest brewer, was to make an offer to acquire the UK firm, the world’s second largest. The blue-chip FTSE 100 index finished 1.5 per cent stronger at 6,229.21 points. Earlier in [...]
Lord Browne: Saving the corporation – it’s time to reconnect September 17, 2015 Criticism of big business has long been a favourite pastime of the left. From Jeremy Corbyn to UK Uncut, such campaigners dominate discourse on the disconnect between companies and society, and the solutions proposed to deal with this issue consequently often have a punitive edge, from jailing bankers to renationalising industry. Enter one of [...]
David Beckham signs deal with Kent & Curwen September 17, 2015 David Beckham has signed a five-year deal with upmarket British sportswear retailer Kent & Curwen that will see the former England captain design ranges and promote the brand overseas. The deal is the first to come out of Beckham and his business partner Simon Fuller’s joint venture with Hong Kong-listed Global Brands Group last year, [...]
Galliford boss to leave after set of record profits September 17, 2015 GALLIFORD Try’s outgoing executive chairman Greg Fitzgerald will leave the company on a high note after unveiling a record set of full-year profits, buoyed by a string of contract wins and a recovery in the construction and housing markets. Fitzgerald joined Galliford under one of its previous guises more than three decades ago when he [...]
MPs grill Bank of England’s Mark Carney on Beijing and interest rate rise timings September 17, 2015 Despite raising questions over the accuracy of Chinese economic data, Bank of England governor Mark Carney maintained yesterday that the threat to the world economy from China’s stock-market slump did not signal a slowdown for Britain. Giving evidence to the Treasury Select Committee (TSC), Carney said: “Certainly, the Chinese statistics are published with remarkable speed [...]
David Cameron tells UK universities: crack down on extremists September 17, 2015 The government has announced new rules today that will legally require universities and colleges to monitor and counter extremist activities among their students. The new rules, set to go into effect next week, will force universities to “put in place specific policies to stop extremists radicalising students on campuses, tackle gender segregation at events [...]
Scottish independence is not inevitable: David Mundell attacks Nicola Sturgeon’s SNP referendum stance September 17, 2015 Independence is not inevitable, Scottish secretary David Mundell will say today in a speech in Edinburgh, one day before the first anniversary of last year’s Scottish independence referendum. “The result of the referendum – by over 10 percentage points on the highest turnout of modern times at 85 per cent – demonstrates that the [...]
