Has the euro’s time come to shine? November 23, 2020 Our fixed income team thinks that after more than a decade of financial uncertainty, Europe’s fortunes – and that of the euro – could be set to change. Here’s why. Years of instability The past couple of years have brought yet more turmoil and uncertainty to the European Union. What its proponents see as a [...]
‘We aren’t what people expect’ – Linklaters on the firm’s virtual internship and social mobility November 23, 2020 Last year Linklaters launched a virtual internship - the first of its kind among the legal profession. The magic circle firm believes launching such a programme has facilitated greater social mobility, by opening up the business to those who may not see themselves as a natural fit.
Recruiter SThree raises profit outlook as Germany and US demand improves November 23, 2020 Recruitment firm SThree has projected annual profit to be slightly above market expectations following heightened staff demand for professionals in life sciences and technology in the United States and Germany. The company said hiring improvement in the US and Germany could be seen in October and early November, sending shares up 2.8% in early trading. [...]
Daily Mail publisher lifts dividend despite Covid-19 profit hit November 23, 2020 The publishing group behind the Daily Mail and the Mail on Sunday today said it will hike its full-year dividend, despite seeing its profit slashed in half due to the coronavirus pandemic. The figures Daily Mail and General Trust (DMGT) posted revenue of £1.2bn in the year to the end of September, down 14 per [...]
FTSE flattens mid-afternoon November 23, 2020 Cineworld, Tui, BA owner and pub companies lead FTSE vaccine bounce
A.M. Debate: Should drinking alcohol be banned in parliament? November 23, 2020 Matthew Jukes, wine taster and founder of Jukes Cordialities, says YES The most notorious bill in the Palace of Westminster is the bar bill. It’s no secret: while parliament’s bars are temporarily closed during lockdown, in normal times our MPs are knocking it back, left, right and centre. Don’t get me wrong, I am as [...]
Klarna-challenger Zilch becomes first ‘buy now pay later’ firm to secure FCA licence November 23, 2020 The City regulator has issued its first licence to a Buy Now Pay Later (BNPL)company, months after launching an inquiry into the unsecured credit market. London-based Zilch has become the first company in the UK’s BNPL market to become fully licensed by the Financial Conduct Authority (FCA). Zilch has worked with the regulator for over [...]
Aviva to sell stake in Italian life insurance venture for €400m November 23, 2020 Aviva has agreed to sell its entire 80% shareholding in Aviva Vita, an Italian life insurance joint venture, to partner UBI Blanca for €400m. The life insurance provider noted the transaction will increase Aviva’s net asset value by £0.1bn. It said the move would also strengthen Aviva’s Solvency II capital surplus by £0.2bn and increase [...]
Gyms and non-essential shops to open cross-country post-lockdown November 23, 2020 Gyms and non-essential shops in all areas are expected to be allowed to reopen when England’s national lockdown ends. This afternoon Boris Johnson will give details on England’s return to the ‘three tier system’ when lockdown ends on 2 December, the BBC reported. Although parts of the tier system will be tougher, the 10pm curfew [...]
Need a way out of recession? Look to the stars November 23, 2020 “We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard; because that goal will serve to organize and measure the best of our energies and skills.” These words by President John F. Kennedy are as important today as they were [...]
