Standard Life in bid to woo new investors September 28, 2015 STANDARD Life yesterday announced it is to invest in a £165m portfolio of 22 UK commercial properties in a bid to diversify its shareholder base. The company said it would raise up to £75m in debt to fund the cash purchase, and was already in discussion with potential lenders. The remaining cash would be provided [...]
City Moves for 29 September 2015 | Who’s switching jobs September 28, 2015 DEARMAN The technology company has hired Joanne Spick as its new chief financial officer (CFO). She was previously CFO and acting chief executive of the Dylan Group, the specialist steel products firm. She has worked for blue chip companies across the UK and Europe, including ICI, Menzies Aviation and GdF Suez. ARBUTHNOT LATHAM The private [...]
Insurance survey shows firms lack tech knowledge September 28, 2015 Insurance firms are upbeat about the sector, but may not be fully aware of the implications that FinTech developments hold for them, according to research from the Confederation of British Industry (CBI) and PwC. The set of data reveals that all sectors continue to expect to increase spending on information technology – the most common [...]
Donald Trump Halloween wigs have sold out September 28, 2015 PRESIDENTIAL wannabe Donald Trump may have fallen in the opinion polls, but there is one place where his star is still rising – which is mainly down to his famous hair. It seems US shoppers are tapping up Trump for Halloween inspiration, with retailers reporting that wigs inspired by the businessman, Apprentice host and potential [...]
Wall St falls sharply on rate hike fears – New York Report September 28, 2015 US STOCKS finished sharply lower yesterday and were on track for their worst quarter in four years as investors worried about the health of China’s economy and its potential impact on a Federal Reserve interest rate increase. The Dow Jones industrial average fell 312.47 points, or 1.92 per cent, to 16,002.2, the S&P 500 lost [...]
Care International UK’s Lend With Care loan platform bringing capitalism to the world’s poor September 28, 2015 Most people are familiar with the Lend Lease arrangement between the US and the UK during the Second World War, wherein the US government provided Britain and other allied nations with supplies to support the war effort. Fewer will be aware of the food parcels that US citizens generously sent across the pond to [...]
Why the advent of an “expert committee” doesn’t make Corbynomics any less scary September 28, 2015 Jeremy Corbyn and his shadow chancellor John McDonnell are desperate to be seen as economically credible. As part of this, on Sunday Labour announced the creation of a new economics committee made up of the economic darlings of the left: Thomas Piketty, Danny Blanchflower, Ann Pettifor, Joseph Stiglitz, Mariana Mazzucato and Simon Wren-Lewis. Make [...]
Europe is the sick man of the globe: Britain will thrive away from its enfeebling grip September 28, 2015 In the 1970s, Britain was sick. It suffered from endemic inflation, high unemployment, volatile growth and structural decline. Eyes wandered jealously across the Channel to the fast-growing European economies. It is little wonder that some thought the patriotic cause was to join forces with the European Economic Community. Today, the economic wheel has turned [...]
As world leaders clash over how best to deal with Syria, is the West right to be more tolerant towards Assad? September 28, 2015 Kamal Alam, fellow at RUSI and Syrian military analyst advising the British Army on Syrian affairs, says Yes Three years ago, Bashar Jaafari – the suave Syrian Ambassador to the United Nations – slammed the West on the UN Security Council floor for trying to use Syria in games similar to the ones TE Lawrence [...]
What gold tells us about a Fed rate hike – eToro Tips & Picks September 28, 2015 Gold has been an interesting play over the last week or so, and most definitely throughout yesterday’s session. A report in the weekend press highlighted the fact that the gold rally may well be over, on the back of the Fed’s move to start raise interest rate – and we saw that last week [...]
