Trust issues: Why suspicion is beneficial for businesses November 11, 2015 It is often said that trust is the key to success in business. That customer loyalty leads to repeat sales, and that internal suspicions can stifle a team’s productivity, is widely accepted. But recent research in the journal Group Decision and Negotiation suggests that an atmosphere of distrust within working groups can actually boost [...]
Three things you need to know before going freelance: Save enough money to live for two months and don’t burn bridges November 11, 2015 The idea of going freelance is exciting, daunting, empowering and also very popular. The ONS reports that the number of UK freelancers is at an all-time high, with 4.6m people working as freelancers in 2014, many of them professionals. Setting out on your own offers a real sense of freedom, and greater control over your [...]
Saving for retirement: Are you one of the UK’s super savers? November 11, 2015 More Brits are saving for retirement now compared to two years ago, boosted by the government’s policy of auto-enrolment. That’s according to our Investor Pulse survey, which also shows that the number of 25-74 year olds putting money away specifically for retirement has risen by an impressive 28 per cent since we began the survey [...]
Miners weigh down the FTSE for second day – London Report November 11, 2015 The FTSE 100 finished down yesterday as miners continued to suffer losses. The blue-chip index closed the day 0.32 per cent down at 6,275 points. Yesterday’s largest faller was Anglo American, which saw its share price fall 4.54 per cent to 492.22p per share. Glencore also shed 4.24 per cent to close at 105.05p per [...]
Best of the Brokers for 11 November 2015 November 11, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com COMPAGNIE FINANCIERE RICHEMONT RBC Capital Markets has reiterated its “outperform” rating and €90 target price despite the broker reducing its 2016-17 earnings per share forecasts by around five per cent, reflecting a more difficult outlook in the second half of the year [...]
City Moves for 11 November 2015 | Who’s switching jobs November 10, 2015 REDEFINE INTERNATIONAL The UK real estate investment trust has appointed Janine Ackermann as head of investor relations. She joins from SABMiller, where she spent the past seven years holding positions in investor relations, financial planning and analysis, and corporate finance and development. Ackermann trained as a chartered account with KPMG in South Africa, and [...]
Small gains on Wall St as rate hike is eyed – New York Report November 10, 2015 Gains in Walt Disney and Amazon.com yesterday were offset by a drop in Apple as investors hunkered down for a potential interest rate hike next month. Still, the Dow Jones industrial average rose 0.16 per cent to finish the day at 17,758.21 points. The Nasdaq Composite dropped 0.24 percent to 5,083.24. Apple’s shares fell 3.15 [...]
EU referendum: David Cameron’s reform proposals will deliver an EU worth staying in November 10, 2015 Britain is stronger in Europe. This is not a blind defence of the status quo but a considered judgement that, as long as the benefits of our EU membership outweigh the costs and further reforms are achievable, it is in our national interest to remain a member of the world’s largest trading bloc. If [...]
BT’s broadband network dominance is bad for customers, innovation and the country November 10, 2015 The frustrations with Openreach expressed by Vodafone chief executive Vittorio Colao yesterday are shared by millions of customers and businesses as well as Sky. The current structure where one provider, BT, has complete ownership of the national broadband network has led to unacceptable levels of service, reduced competition, and a poverty of ambition in terms [...]
A yawning gap between schools and business risks leaving the UK behind in the global race November 10, 2015 Good education has the ability to define the success of our country. This may seem like a bold statement but, for long-term sustainable growth, businesses need access to highly skilled talent. For that reason, we’ve been campaigning for schools and businesses to work together to ensure that the skills pupils learn are suitable for [...]
