Before the bell: What you need to know before the US market open June 23, 2016 Polls are open for the UK's European Union membership vote. Markets are betting people will opt to stay however and rallying around the world. Here's what you need to know before the US market open at 2:30pm London time. In the pre-market the S&P is up by 0.95 per cent, while the Nasdaq is one per cent higher. [...]
Steel pension rule changes should be open to all, says Aon, on the day the British Steel Pension Scheme consultation closes June 23, 2016 Any changes to pension rules should apply across the board and not just to select industries, Aon Hewitt has told the government. The consulting giant has today revealed that, in its response to a Department for Work and Pensions consultation examining possible changes that could be made to the British Steel Pension Scheme, it advised that [...]
City Moves for 22 June 2016 | Who’s switching jobs June 22, 2016 Blackwell’s Independent bookseller Blackwell’s has confirmed the appointment of its head of operations, Kate Stilborn, to the company’s board in the newly created role of customer service & operations director. Kate, who has been with Blackwell’s for 23 years, will oversee its commitment to delivering excellence in customer service across multiple channels, including online, and [...]
Do you work for one of the UK’s 25 most attractive employers? June 21, 2016 It's causing fevered debate in offices. Politicians are clashing over it. The cats of social media are up in arms about it. Yep, LinkedIn's list of the UK's top 25 most sought-after employers is out – and the good news is that City institutions are faring pretty well. The list, based on analysis of the site's 20m members, [...]
London needs to up its quality of life to compete internationally June 21, 2016 Londoners interact with different elements of the city, and seemingly different centuries, on a daily basis. On one hand, London is the tech capital of Europe. Since 2010, the number of digital businesses in east London's Tech City alone has soared from 250 to over 3,000 according to Gerard Grech, chief exec of Tech City [...]
What will happen to UK equities if we leave the European Union? June 21, 2016 The pound and the FTSE soared yesterday, as the Remain camp wrestled back its lead in the polls. But the outcome of Thursday’s EU referendum is far from clear, with pundits saying that voter turnout will be pivotal in determining whether the UK stays or leaves. If Article 50 is triggered and sterling dives, what should [...]
EU referendum: Voting Remain could create another 75,000 jobs in London, according to Confederation of British Industry June 21, 2016 There is the potential to create more than 75,000 jobs in London if the UK votes to remain in the EU, according to new research. Analysis of figures from the Treasury by the Confederation of British Industry (CBI) found that staying in the EU and deepening economic ties with other member states could lead to the creation of 75,430 [...]
Here’s the newest skyscraper unveiled for the City June 20, 2016 Another skyscraper is joining the Gherkin, the Cheesegrater and the Walkie Talkie in the heart of the City; 1 Leadenhall is the latest skyscraper to be unvieled in the heart of the capital's financial district. A glass tower will be built opposite 6-8 Bishopsgate, at the junction of Gracechurch street and Leadenhall street. Currently, the site is occupied by an [...]
Tech is now everywhere – and fundamental to London’s growth June 20, 2016 The third London Technology Week will formally start today in Shoreditch with entrepreneurs, academics and government leaders coming together to celebrate technology – the city’s fastest growing industry. A lot has changed since the inaugural launch in 2014. London now has a global reputation for producing world-class tech companies, with more unicorns than any other [...]
London continues reign as unicorn startup capital of Europe June 20, 2016 London is home to more so-called tech unicorns than any other country in Europe adding two new startups to the billion-dollar stable over the past year. The capital is now home to 14 companies with the sky-high valuation, double the number of the next closest country, Sweden, which is home to seven. The UK is home [...]