UK financial services touted worldwide, but Yorkshire and the Northern Powerhouse oust London as stars of the show February 8, 2016 The City of London may be known for its financial prowess but, as government gears up to promote the financial services sector worldwide, it's Yorkshire, not the capital, that is taking the starring role. UK Trade and Investment (UKTI) is adding Yorkshire to its Financial Centres of Excellence initiative, which is designed to promote UK financial services to [...]
What careers have the best prospects for recent graduates? Here are the sectors seeking out the most grads so far in 2016, but accounting and finance fails to make the top five February 8, 2016 With the cost of university education on the rise and the job market seemingly more competitive by the day, it pays (literally) for graduates to pick their profession with care. Online jobs website CV-Library has today revealed the sectors with the most graduate jobs on offer so far in 2016. Perhaps unsurprisingly, engineering takes the top spot [...]
Consulting giants, including PwC, Accenture and IBM, club together to figure out why so many women are fleeing the profession and not returning February 8, 2016 Some of the biggest names in consulting have today joined together to figure out how they can prevent high-flying women from quitting their profession. The firms – PwC, Accenture, IBM, KPMG and PA Consulting – are collaborating with the Management Consultancies Association (MCA) and She’s Back to identify why experienced women are leaving the workplace and not [...]
Women still failing to feature in the executive teams of many FTSE 100 firms, with only Severn Trent and Kingfisher managing a balanced split February 8, 2016 Some of the UK's most well-known household names are failing to appoint women to executive positions, with more than one in ten blue chip companies having no women in their executive teams at all. According to a report released today by female professional development organisation The Pipeline, women account for only 18 per cent of FTSE 100 senior executives. [...]
UK weather: Rising levels of surface water flooding put success of Flood Re insurance scheme at risk, warn academics February 8, 2016 The success of a reinsurance scheme designed to cut insurance costs for households with a high risk of flooding is in jeopardy thanks to rising levels of surface water flooding, academics have warned. According to a paper published today by Grantham Research Institute on Climate Change and the Environment and the ESRC Centre for Climate Change [...]
Super Bowl 50: How much does it cost to run an advert at the Super Bowl? This is how much the likes of Chrysler, Bud Light and Jaguar pay for just a moment of screentime alongside Beyonce February 7, 2016 Advertisers are known for splashing the cash but, when it comes to astronomical invoices for just a moment of fame, there's no event quite like the Super Bowl, which this year sees the Carolina Panthers take on the Denver Broncos. But what can marketers expect for their dosh if they've chosen to lay out a pretty penny for a [...]
Credit Suisse chief executive Tidjane Thiam to waive part of his bonus after Swiss lender reports first set of annual losses since 2008 February 7, 2016 One banking chief has revealed he might not be receiving as hefty a bonus as he might be accustomed to this year. Credit Suisse chief executive Tidjane Thiam has told a Swiss weekly newspaper that he will be forfeiting part of his bonus, after the bank recently reported its first annual loss since 2008. Thiam is quoted [...]
Stamp duty land tax changes, which were announced in last November’s Autumn Statement, will amount to a stealth Cupid tax, warn tax experts February 7, 2016 Valentine's Day is on the horizon but recent tax regime changes mean that it might not feel like love is in the air for those couples planning on purchasing property after 31 March. The Association of Taxation Technicians (ATT) has warned that couples could unwittingly find themselves subject to government's new three per cent surplus charge on stamp [...]
Deadline day for firms to send in forms identifying their senior staff under grandfathering rules for the Senior Managers Regime is tomorrow February 7, 2016 The Senior Managers Regime is taking one step closer to implementation, as many firms have until tomorrow to submit paperwork listing their senior staff members. Firms affected by the Senior Managers Regime, which include banks, building societies and certain investment firms, must file grandfathering notifications for staff members who have either already been approved or whose [...]