Labour leader Jeremy Corbyn is wrong – empty luxury flats are not causing the UK’s housing crisis February 1, 2018 Donned in obligatory high-vis luminous green jackets, chancellor Philip Hammond and communities minister Sajid Javid spent Thursday mooching around a housing development in Leicester, celebrating the construction of new homes. The announcement of an extra £10m to support housebuilding in the area was hardly groundbreaking, yet both men are thought to be considering more radical [...]
Life-changing investments: The science that could save the NHS January 11, 2018 No one can deny (apart from a handful of politicians) that the NHS is in a bad way at the moment. The crisis reached a head last week when hospitals were forced to cancel tens of thousands of operations in order to free-up resources for emergency care. This – unsurprisingly – sparked a national outcry. [...]
What the advertising industry should watch out for in 2018 January 3, 2018 We ask advertising bosses what’s in store for the year ahead. Alex Hesz, chief strategy officer, Adam&eveDDB In the era of fake news, advertising has emerged as an unlikely standard-bearer for scrutiny. We have long embraced the necessity of third-party regulation to verify what is fact and what is fantasy. Our job is to tell [...]
A short history of investing in gold – and what to expect for 2017 December 8, 2017 Gold is coveted by investors for its rarity. As a precious metal with limited supply, it is seen as a store of value when the real value of other assets, and currencies, can be manipulated. But fundamentally, its high worth is underpinned by its usefulness and attractiveness. Not only is it highly malleable but [...]
How the Budget could affect your personal finances, and what you should do if it does November 22, 2017 Philip Hammond hasn’t got it easy. Putting a Budget together is difficult at the best of times, but with Brexit looming large over the UK, producing a financial plan for our economy is now a hell of a lot harder. In such an uncertain time, how can Hammond hope to offer the stability the [...]
Autumn Budget 2017: Chancellor Philip Hammond’s speech in full November 22, 2017 You can read the chancellor's Budget speech in full here: Mr Deputy Speaker I report today on an economy that continues to grow, continues to create more jobs than ever before and continues to confound those who seek to talk it down. An economy set on a path to a new relationship with our European [...]
A brave new banking world: How computer science shaped this company November 8, 2017 When I spot Anne Boden across the coffee shop, she beams at me. Even before she’s said a word, I immediately warm to her – here’s a woman who has spent 30 years working for the big banks, and yet she seems far removed from the stereotypical personalities you associate with the cutthroat finance [...]
Business groups give Corbyn the thumbs down after CBI speech November 6, 2017 Labour leader Jeremy Corbyn’s overtures to the business community have fallen on deaf ears this morning, with industry groups warning his policy pledges would undermine economic growth. Speaking at the annual CBI conference, Corbyn reiterated Labour’s plans to create a National Investment Bank and a National Education Service, and talked of “investing” in transport, energy [...]
Banks must green up their act, for the sake of both planet and profit November 3, 2017 If you watch a TV ad for a UK high street bank these days, they are full of soft focus, half-speed footage of smiling, tanned pensioners vigorously enjoying their retirement, or shots of attractive young families surrounded by nature – all portraying vague notions of stability and future prosperity. But a new report from the [...]
Think locally, invest globally: Why Brexit isn’t the calamity some fear November 1, 2017 A year after the Brexit vote, the UK has managed to avoid a bear market and recession. Still, global diversification remains a key tool for investors. Fifteen months after Brits voted to leave the EU, the UK government is slowly ploughing ahead with Brexit. Invoking Article 50 of the Lisbon Treaty in March was the [...]