CMC Markets shares leap on Down Under deal to make it Australia’s second largest stockbroker March 8, 2017 London-based CMC Markets has announced a new partnership Down Under to make it the second largest stockbroker in Australia. The spreadbetting group will service more than 500,000 retail stockbroking clients of the Australia and New Zealand Banking Group (ANZ) when the deal is completed. Gross revenue from CMC’s stockbroking business is expected to increase by [...]
Online investment platforms help close the gender participation gap in equity markets by a fifth March 8, 2017 Online investment platforms could help tackle gender inequality in participation in equity markets, according to an investor study of diversity trends. Research by SyndicateRoom into attitudes to investment found that online investment platforms had reduced inequality in male-female participation in equity markets by nearly 20 per cent. Men were 17 per cent more likely to access [...]
Mapped: All 34 Budgens store closures and when they will shut March 7, 2017 This morning it emerged that Budgens stores up an down the country have been closed after the operator of the stores went into administration. Accountancy firm PwC was appointed as administrators for the shops by restructuring firm Hilco Capital, but the accountancy giant could not find a buyer for the convenience stores. Read more: Budgens [...]
Budget 2017 UK predictions: What you can expect from the chancellor’s Spring Budget March 7, 2017 It's that time of year again: the chancellor is getting set to dust off his little red box and deliver the Spring Budget. It's the last one we'll see at this time of year, as Philip Hammond decided to move the major announcements to an Autumn Statement schedule. It's likely to be a more staid [...]
City Moves for 7 March 2017 – who’s switching jobs? March 7, 2017 Today's City Moves cover corporate broking, risk and insurance advisory and corporate advisory. Take a look at these movers and shakers: Peel Hunt Peel Hunt, the independent corporate broking, advisory and trading house focused on UK mid and small caps, has appointed Damindu Jayaweera to the role of Technology Analyst, effective immediately. Damindu joins from [...]
TfL just came a step closer to building 400 homes in Kidbrooke March 6, 2017 One of the capital's largest housing associations will help Transport for London (TfL) build 400 new homes on a former RAF base in South East London TfL named Triangle London Developments – a consortium comprised of Notting Hill Housing and U+I – as the partner which will develop homes on a four-acre site close to [...]
Which stock market sectors will benefit as inflation heats up? March 6, 2017 We wrote last year about our expectation that inflation would soon start to re-emerge in Europe, and that banks were likely to be among the chief beneficiaries. This scenario has indeed come to pass, perhaps even more quickly than we had anticipated. With signs of inflation becoming ever more apparent, which other sectors should investors [...]
Absolute rubbish: Waste entrepreneur Bruce Bratley on building his recyling empire March 6, 2017 Did you know that it takes 10 days to recycle a cardboard box, and for it to become a new cardboard box? When the material is too old to re-use in the same guise, it’ll become an egg box. Another recycling factoid: coffee grounds are recycled all over London and turned into biofuel. It’s easy [...]
University of Barclays: Lender to launch the UK’s first degree-level apprenticeship in banking later this year March 6, 2017 Barclays will launch a degree-level apprenticeship in banking later this year, the UK's first such offering. The programme will allow participants to study for a degree, or equivalent qualification, should they choose and will let them specialise in a range of areas of banking, including corporate, investment and retail. "We want people of all ages and [...]
Focus On Queen’s Park: Good schools, shops and value lure families to north west London March 3, 2017 Garden towns and villages have made a surprising comeback of late, largely as a by-product of our desperate search for a solution to the housing crisis. The government announced at the start of the year that it intended to build three new towns of 10,000 houses each, in a bid to reach a target of [...]