TheCityUK calls on government to help firms boost export activity October 5, 2015 The UK government should do more to help SMEs ramp up their exports, according to new research from TheCityUK. In a report released today, the group says “helping SMEs fulfil their export potential could boost economic output and help solve the UK’s productivity puzzle”. The group is calling for a “well-constructed one-stop-shop gov.uk website that [...]
Think tank says childcare plan has £1bn hole October 5, 2015 The government’s plan to double the amount of free childcare available has been underfunded by around £1bn, a think tank will argue today. A report by the Institute for Public Policy Research (IPPR) says that increasing the amount of free childcare for three and four-year-olds to 30 hours a week would cost £1.6bn a year, [...]
UK interest rates to stay at record low but another hawk could appear October 5, 2015 The UK’s rate-setters are widely expected to hold fire on interest rates when they meet this Thursday, but the door is open for at least one more member of the nine-strong committee to dissent than last time around. Last month saw the Bank of England’s monetary policy committee vote eight to one to hold [...]
England rugby exit hurts more than just the fans October 5, 2015 Sportsrisq director THE AUSTRALIANS have a saying: “When the flag drops, the bluff stops”, and despite England’s mid-week protestations, they were found wanting on Saturday night. From Twickenham to Twitter, aggrieved fans nationwide have aired their woes on every platform but the potential cost to business hasn’t gone unnoticed, with even the ITV pundits tentatively [...]
London Cocktail Week 2015 hits Spitalfields Market October 4, 2015 Gin and tonic season may be well and truly finished, but have no fear; London Cocktail Week is back for its sixth year to keep Square Mile slickers inebriated this autumn. From 5-11 October, Old Spitalfields Market, usually home to antique dealers, speciality stalls and Liverpool Street’s lunching lawyers and bankers, will become a huge [...]
City Moves for 05 October 2015 | Who’s switching jobs October 4, 2015 EY The professional services firm has appointed Omar Ali as its new UK financial services leader. He replaces Chris Price, who will lead EY’s global people advisory services. Ali was previously UK banking and capital markets leader. He joined EY in 2001, becoming a partner at the age of 29 in 2006. He began his [...]
Best of the Brokers for 05 October 2015 October 4, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com The transport company is likely to see its earnings stagnate this year before growing next year, analysts at Panmure Gordon said. They maintained their “hold” rating and target price of 120p. FirstGroup’s debt levels also remain stubbornly high. UK bus operations made progress [...]
Service sector set to bounce back after poor August – London Report October 4, 2015 ECONOMISTS expect a purchasing managers’ survey, out today, to show that service sector expansion picked up modestly in September after dipping to a 27-month low in August. Howard Archer at IHS Global Insight said the business activity index is forecast to have reached 56 which would mean an average of 56.3 for the third quarter [...]
Investors face more volatility – New York Report October 4, 2015 THE GLOBAL market volatility of the past month that sent US stocks to their worst quarter in four years shows no signs of letting up just because the calendar turned to October. Investors say they are bracing for another leg down in the S&P 500 stock index despite its positive showing last week by increasing [...]
Owning the digital space October 4, 2015 William Railton talks mobile and the future of outdoor ads, with BitPoster’s Aidan Neill FROM billboards to bus stops, the outdoor media market has been more reluctant than other areas of the marketing industry to embrace digitisation. The buying and selling of advertising space had been largely a manual process, with a lot of wasted [...]
