If Jeremy Corbyn’s Labour Party ignores the rules it’ll lose the game – The City View September 28, 2015 There are many ways to win an argument. In recent years, the term “evidence-based policy” has become fashionable among those who like the facts to make their case for them. Others rely on the power of rhetoric, or on the appeal of the outsider. Some people set out to change public opinion over time. Albert [...]
Skills gap grows and threatens UK productivity September 28, 2015 UK employers are facing even greater skills shortages and rising wage pressures, according to a new report from global recruiters Hays. Since 2012, the UK’s talent mismatch level – the gap between the skills people can offer and those employers are looking for – has increased every year. The UK now has a talent mismatch [...]
EU referendum: Fast-growing UK firms want to remain in the European Union and say Brexit will negatively impact their business September 28, 2015 High-growth companies are overwhelmingly in favour of Britain remaining in the European Union, according to a poll out yesterday. ECI Partners, a private equity firm, polled more than 300 fast-growing British firms over the summer, finding that nine out of 10 want the UK to remain in the EU. Just over half said [...]
Better to climb the ladder in work than find a new job as average UK salary has dropped 3.3 per cent in 2015 September 28, 2015 Hate your boss? It might still be better to stay put, as new data reveal the average UK advertised salary has dropped 3.3 per cent this year to £33,318. Figures from jobs database Adzuna, show that while advertised salaries have slipped, wages for those in work have risen more than 2.9 per cent. [...]
Recruitment firm Robert Half UK opens flagship office in The Shard September 28, 2015 The Shard has bagged itself another tenant after recruitment firm Robert Half UK launched a new flagship office in the skyscraper yesterday. The US-listed company, which has more than 340 offices worldwide, has taken 20,200 square feet of offices on the 10th floor of the building. It is consolidating its three London branches as well [...]
Year of growth at financial services firm Smith & Williamson September 28, 2015 Financial services firm Smith & Williamson yesterday reported robust results for the year ending 30 April. It said that it had seen an eight per cent rise in group operating income to £215.1m, from £ 199.1m in 2014. There had also been a 14.2 per cent rise in adjusted operating profit, to £41.1m from £36m a [...]
Oil firm Petroceltic wins investor injunction September 28, 2015 Oil firm Petroceltic was granted an injunction against activist investor Worldview Capital Management yesterday, blocking it from proceeding with an attempt to hold an extraordinary general meeting (EGM). The High Court of Ireland has prohibited Switzerland-based Worldview from going ahead with the meeting, which had been scheduled for 5 October. Worldview called for the EGM [...]
Hefty refurbishments leave Everyman cinemas with £430,000 loss in six months September 28, 2015 Everyman cinema group announced it made a loss of £430,000 despite a 31 per cent increase in revenues in the six months to 10 June. The premium cinema operator’s revenues were £8.16m, boosted by an increase in ticket sales and net spend per customer, but up from £6.2m in the first half of last year. [...]
Diversity on executive boards: Better for business September 28, 2015 Diversity on executive boards can help companies to outperform firms with all-male leaderships, according to new research from Grant Thornton. A study by the group estimates that the opportunity cost, in terms of lower returns on assets, for companies with male-only boards was £430bn in 2014. The report, Women in business: the value of diversity, [...]
Bob Geldof’s old production firm Ten Alps remains in the red September 28, 2015 Media company Ten Alps reported preliminary pre-tax losses of £1.32m, on the back of falling revenues. Revenues for the 12 months to 30 June dropped in line with expectations, from £29.45m to £20.47m, while net debt rose to £7.1m from £5.87 the year before. The company produces mainly factual TV shows, including reports for Panorama; [...]
