Housebuilder Berkeley Group’s share price woes have seen the firm drop out of FTSE 100 in the latest quarterly shuffle August 31, 2016 Housebuilder Berkeley Group has dropped out of the FTSE 100 in the latest quarterly review after seeing its share price wracked by the Brexit vote. Berkeley was among the firms to see its value plummet in the aftermath of the UK's vote to leave the EU and the London Stock Exchange has now confirmed its demotion. Housebuilders [...]
City Moves for 31 August 2016 | Who’s switching jobs August 31, 2016 Game Digital Game Digital has appointed Guy Lister as chief operating officer. The newly created role, reporting directly to Game Digital CEO, Martyn Gibbs, will see Guy lead all areas of Game Digital’s UK retail operations, including stores and eCommerce, supply chain, marketing and finance functions. Guy joins from Office Shoes where he was chief customer and marketing officer. [...]
Bank of China boosts its profits for first half of 2016 despite dip in net interest income August 30, 2016 Bank of China reported a boost to profits in its interim results today, despite also reporting a small slump in net interest income. The bank, which recently ranked number four in the world for tier one capital in a study by The Banker, reported profit attributable to shareholders of 93bn yuan (£10.6bn) for the first half of 2016, [...]
I’ll play on until 2018 World Cup and then quit England duty, says Wayne Rooney August 30, 2016 England captain Wayne Rooney has declared his intention to retire after the next World Cup but believes that, at 30, he can justify his place in the national team for another two years. Former skipper Alan Shearer was among those urging Rooney, who is England’s record scorer and has the joint-most caps of any outfield [...]
An eye for an eye, a hack for a hack: The global cyber arms race is heating up August 30, 2016 Many will be familiar with the biblical adage “an eye for an eye, a tooth for a tooth”. Underpinning the Book of Exodus, this principle of even-handed justice formed the kernel of Old Testament law. Yet contemporary followers of the book allowed it to transmute into a justification for personal vengeance. It wasn’t until Jesus [...]
Emerging markets have enjoyed a real comeback, but as expectations of another Fed rate hike grow, can it last long? August 30, 2016 At the beginning of the year, things looked dismal for emerging markets. Investor optimism had soured over the previous three to four years, thanks to a cocktail of tumbling commodity prices, a strong dollar and a Chinese slowdown which had shaken confidence in the sustainability of their growth. Nine months later, and the mood has shifted [...]
Champions League draw: Who are the possible draws for Leicester, Arsenal, Manchester City and Tottenham? August 25, 2016 Arsenal, Leicester City, Tottenham and Manchester City discover their Champions League fates tomorrow, when Uefa conducts the group stage draw in Monaco. What time is it on? And can I watch it? The draw is scheduled to take place at 5pm UK time and if you don't mind elevator music and corny presenter patter you can watch Uefa's [...]
US-Russia relations: Clinton to aggressively push “containment” in post-Cold War world while Trump could reset policy August 24, 2016 A Donald Trump presidency "would open the possibility of a significant improvement in US-Russia relations, albeit with some major caveats", according to BMI Research. Trump has espoused "an unusually Russia-friendly foreign policy, to the extent that his domestic opponents have labelled him as President Vladimir Putin's favoured candidate," BMI said in a new report. In July, [...]
Nissan and National Lottery struck gold at the Rio Olympics – here’s proof August 24, 2016 As another Olympics ends and the British public basks in the glory of an unprecedented medal haul, sponsors are reflecting on how their own marketing efforts resonated with the public. Our brand tracking research allows us to explore whether they have managed to benefit both from their association with the event and their sporting ambassadors. [...]
Forget discrimination: The gender pay gap is driven by our (free) choices August 23, 2016 The IFS is an excellent think tank but its latest paper adds nothing to the debate. It’s on the gender pay gap, which it slices in various ways, but none of these slices tells us anything new about discrimination in the workplace. The gender pay gap is actually driven by choices men and women make, [...]