Now Goldman Sachs has told staff not to campaign on EU referendum, although the bank itself has previously donated to the “in” campaign April 13, 2016 Goldman Sachs has become the latest big name to tell staff to play their cards close to their chest when it comes to the EU referendum, it was revealed today. In a memo sent to 6,000 staff, most of whom are based in London, the bank advised that it had chosen not to register with the Electoral [...]
Blue sky thinking, puppy punching and touching base – 10 office jargon phrases that need to die by close of play April 13, 2016 As anyone in the City knows, colleagues love a bit of blue sky thinking before close of play – and nothing beats touching base offline for a quick thought shower, unless of course none of you are singing from the same hymn sheet while you're trying to peel the onion. If you understood and agreed with the above sentence, [...]
Panama Papers scandal: Seven things we now know about MPs thanks to their tax returns April 12, 2016 Anybody who had ever wondered about the incomes and outgoings of MP's finances has been spoilt for choice recently, as many rushed to expose their own tax details in the wake of the Panama Paper's scandal. Here's seven things we now know about tax returns and politics thanks to the recent reveals: 1. We discovered [...]
Gala Leisure and Gala Interactive brands become latest to join independent gambling regulator Senet Group April 12, 2016 The Gala Bingo brand has become the first bingo business to join the independent gambling industry watchdog, the Senet Group. Gala Leisure, the UK's largest operator of bingo clubs, and Gala Interactive, the company's online bingo operator, are the latest companies to join the regulator, following in the footsteps of other industry majors including Paddy Power Betfair and [...]
Tesco explores sale of Dobbies Garden Centres April 11, 2016 Tesco is preparing to sweep its shelves clean of more non-core businesses – this time in the gardening section – as the supermarket chain focuses on reviving sales at its core supermarkets. The retailer, which will publish its full-year results on Wednesday, already sold off a number of assets including its South Korean business Homeplus for £4.2bn last [...]
EU referendum: New guidelines on campaign limits during the referendum period to be published, after big bosses demand clarity April 10, 2016 The Electoral Commission is understood to be publishing an updated set of guidelines tomorrow regarding what businesses are allowed to do once the EU referendum period formally begins on Friday. The move, which was first reported by Sky News, comes as some of the bosses at the UK's largest companies are warning that they'll be keeping their mouth [...]
Is George Osborne next? Labour and the SNP want the entire cabinet, MPs and political journalists to publish tax returns April 10, 2016 The Prime Minister may have thought publishing his own tax return would settle the furor caused by the Panama papers and his own connections with offshore companies, but it looks like there's no signs of the row abating just yet. Now, the SNP has called for the same kind of transparency from across the government, and has apparently [...]
Learning how to ski doesn’t have to be a downhill struggle. Why not grab lessons on the slopes of Verbier? April 8, 2016 The Bec Des Rosses, Verbier, holds mythical status in the world of skiing: 3,223m of snow and rock, angled at over 60 degrees; it’s one of the toughest mountains on Earth and hosts the final, deciding race of the Freeride World Tour (FWT) every March. “The FWT and easy access to off-piste skiing means that [...]
48 Hours in Marrakech – what to see and do on a stopover in the Moroccan city April 8, 2016 Where to stay Get totally chilled out at the Almaha Marrakech, designed by the world-famous Charles Kaisin. The riad has a serene shallow pool that fills up every evening to reflect the starry sky. Visit almahamarrakech.com Where to go Hop, skip and jump through history at Palais Bahia and walk along the artisanal mosaic tiles. [...]
US economy is about to be “swept away by a tidal wave of corporate default”, roars Societe Generale uber bear April 7, 2016 A Societe Generale analyst has predicted the US economy is about to be “swept away by a tidal wave of corporate default”. Albert Edwards has not shied away from bearish comments in the past and has been dubbed an "uber bear". In February 2014, amid turmoil in emerging markets, he described the unravelling as "the final tweet of [...]