Cut the crap: City firms under pressure to strip out shareholder legalese July 27, 2023 Top City firms must ditch impenetrable legalese and dense corporate-speak in their shareholder missives or amateur investors will remain shut out of the market, experts have warned.
Are wages or profits to blame for the inflation crisis? July 26, 2023 A lot of energy has been wasted on finding the source of the near two-year long global inflation surge. It has resembled a cathartic process to help families and businesses come to terms with how damaging the cost of living crisis has been. First Bank of England governor Andrew Bailey drew scorn for demanding workers [...]
London court gives green light to £2.7bn foreign exchange claim against six major banks July 25, 2023 The Court of Appeal ruled today that a £2.7bn class action claim relating to foreign exchange manipulation can proceed on an opt-out basis. The claim, brought by FX Claim UK, represents tens of thousands of participants in the foreign exchange market who suffered damages from the anticompetitive behaviour of six of the largest banks in [...]
Severn Trent invests up to £1bn amid increasing scrutiny on water suppliers July 19, 2023 Severn Trent expects to invest up to £1bn this year improving its infrastructure amid increasing scrutiny on the crisis-hit sector.
Crypto is in Wonderland and upside-down in the rabbit hole July 14, 2023 Monty picks up a book he hasn't read in a while, and draws comparisons with Alice in Wonderland and the world of crypto.
‘I started this as a hobby’: Cricket star Stuart Broad reflects on his naive start to the world of hospitality July 12, 2023 England cricketer turned pub landlord Stuart Broad has admitted he had a “naive” understanding about what it took to run a hospitality business, as he reopens his pub amid a period of soaring bills and red hot inflation. The 37-year old sports star has recently relaunched his pub and restaurant The Tap and Run in [...]
Power of Inclusion Breakfast Discusses Social Mobility and Building Effective Networks July 11, 2023 On Wednesday 5th July, The Lord Mayor’s Appeal held the second in its series of Power of Inclusion Social Mobility Workshops. Kindly hosted by Janus Henderson Investors, over 60 participants gathered to discuss social mobility, exploring the value of formal and informal networks and how to build effective networks within their organisations. The workshop series [...]
Mission Impossible: Tom Cruise is back but this franchise is showing its age July 5, 2023 Barbie vs Oppenheimer may be the summer showdown everyone’s talking about, but one movie legend would like to remind you that he’s back. Despite some occasional headline-grabbing bouts of odd behaviour, Tom Cruise is one of the last true movie stars, someone who can get crowds to turn up based on his name alone. But [...]
The Notebook: Neil Bennett on Thames Water’s future, Iceland’s remarkable recovery and Twitter’s new rival July 5, 2023 The Notebook is where interesting people say interesting things. Today it’s Neil Bennett, global co-chief executive of advisory firm H/Advisors Where next for Thames Water? However big and powerful they appear, businesses are in reality fragile creatures. Many thousands of them fail every year for all sorts of reasons, and today’s behemoth is tomorrow’s insolvency [...]
MPs to probe if SMEs can get cash they need – or if the government should step in July 3, 2023 The Treasury Committee has launched a new inquiry into the problems small and medium-sized enterprises (SMEs) face in accessing financing. Over the next couple of months the cross-party group of MPs will explore issues in the industry and how regulation and government can respond. Harriett Baldwin, chair of the Committee said: “Small businesses are the [...]