UK space industry is flying high with 38,500 jobs and strong exports December 8, 2016 THE UK space sector is flying high with growth of 6.5 per cent per annum according to a new report from the UK Space Agency. The sector now supports £250bn of output across the economy as well as 38,522 direct jobs. The total income of the UK space industry grew to £13.7bn in 2014/15, equivalent [...]
Sports Direct has had an annus horribilis, raising questions about Mike Ashley’s game plan December 6, 2016 SPORTS Direct has had an annus horribilis, from being slammed by MPs for working conditions in Derbyshire that resemble a Victorian workhouse to a share price plunge of 47 per cent in the year to date. Corporate governance has been an issue. Mike Ashley, a dominant founder and shareholder, is now CEO. The retailer has [...]
Sports Direct has had an annus horribilis, raising questions about Mike Ashley’s game plan December 5, 2016 NULL
MPs’ Magnitsky amendment to criminal finances bill would see abusers’ assets frozen in the UK December 5, 2016 New powers to freeze the UK assets of those suspected of abusing human rights have received the backing of a cross-party group of influential MPs ahead of a parliamentary vote on the latest anti-corruption legislation. The MPs, led by Dominic Raab, conservative MP for Esher & Walton, have tabled an amendment for the asset freezing [...]
The housing crisis must be tackled by both government and industry or shareholders in the housebuilding sector will continue to suffer November 29, 2016 The UK is facing a chronic housing shortage, but housebuilders’ shares have taken a hammering in recent months. On the surface it is a conundrum. However, there are many forces at play. This year's changes to stamp duty have been inflationary at the bottom end of the London market and deflationary at the top. As [...]
Making Hackaball, a breakout product for the Internet of Things and a computer you can throw November 28, 2016 THE Internet of Things (IoT) promises to change the way we live, work and learn. The giant network of smart objects controlled by software, and ultimately people, paves the way for cutting-edge smart homes, connected cars and a wealth of wearable devices. This world built on technology is also a market with the potential to [...]
City firms look to take part in Saudi Arabia’s multi-billion pound transformation plan November 28, 2016 Leading City banking, law and project management firms are meeting in Saudi Arabia today as they weigh up whether to take part in the country's National Transformation Programme. The programme, which will reduce Saudi Arabia's dependence on oil and move towards a diverse economy by 2030, is expected to generate $267bn per year in business opportunities. [...]
Prime Minister Theresa May is taking aim at the wrong energy target in tariffs: she should go after green levies and smart meters November 22, 2016 Prime minister Theresa May appears to be limbering up for a three-pronged attack on “rip-off” energy firms, broadband providers and housebuilders that stockpile land. On the energy front, speculation has been mounting that the so-called big six energy firms will soon be told to offer fewer, simpler tariffs and make switching suppliers easier for families [...]
Theresa May takes aim at the wrong energy targets November 21, 2016 Prime Minister Theresa May appears to be limbering up for a three-pronged attack on “rip-off” energy firms, failing broadband providers and any housebuilders that stockpile land. On the energy front, speculation has been mounting that the so-called big six energy firms will soon be told to offer fewer, simpler tariffs and make switching suppliers easier [...]
