FTSE 100 history: how the index has changed over 33 years July 3, 2017 The FTSE 100 index has just seen one of its quarterly changes with security firm G4S and real estate investment trust Segro promoted to the top 100. Although perhaps small in themselves, these regular events have changed the face of the UK’s leading index since it was formed in 1984. For the many investors whose [...]
Pride in London 2017: Barclays leads host of Britain’s biggest firms in support of LGBT+ event June 23, 2017 City stalwarts and some of the UK’s largest companies have rallied in support of Pride in London 2017. A raft of the great and the good from the corporate world have stepped up to sponsor the event. Barclays is one of two headline sponsors together with the Mayor of London office. This year’s event takes [...]
LightwaveRF share price jumped 77 per cent on Google Assistant launch May 18, 2017 Smart home tech firm LightwaveRF’s share price soared today after revealing its entire product range had been added to Google Home’s voice controlled Google Assistant. Shares in the Aim listed group climbed as much as 77.4 per cent mid-morning, dropping back to 54 per cent at pixel time. Read more: Now you can do your [...]
WannaCry ransomware NHS cyber attack: A final warning for banks and fintech May 15, 2017 It was the most high profile cyber attack in some time, and one of the largest ever carried out. Governments, hospitals, companies and universities in over 150 countries were affected by the recent ‘WannaCry’ cyber attack, which affected more than 230,000 computers with ransomware and demanded bitcoin payments. Media coverage in the UK focused on [...]
How shares with low yields can pay the most income April 28, 2017 Investors are often tempted to buy shares which promise bumper dividends today, largely because they need the income immediately, perhaps to support early retirement. Those who can wait longer may want to consider an alternative – investing in companies that offer the potential of fast dividend growth. Companies which can grow their dividends rapidly can [...]
Will payday lender Wonga’s reputation pay a price for its customer data breach? April 26, 2017 Over the last few years a number of high-profile brands have seen their customers’ data compromised – as the result of a deliberate hack or because of inadequate security procedures. The latest brand to suffer is Wonga. Earlier this month the payday loan provider suffered a data breach and warned that up to a quarter [...]
Trouble in store: More pain on the way for UK retail April 10, 2017 A triple-blow of tax hikes, rising costs and a squeeze on consumer spending is threatening to wipe out thousands of British retailers, with a string of familiar high street names expected to fall into administration this year. Nearly 23,000 retailers were under significant financial stress at the end of the first quarter according to insolvency [...]
Up to 3,000 jobs at risk as Tesco cuts down opening hours at 69 stores April 5, 2017 Thousands of jobs are at risk in Tesco as the supermarket cuts down opening hours. Up to 3,000 employees in 69 stores across the UK will be affected by the changes, announced today by the FTSE-listed supermarket. Restocking hours will be moved from night to day in the stores affected, with 24-hour opening ending at [...]
Q&A: Why are brands like Marks and Spencer pulling their advertising from Google? March 20, 2017 A newspaper investigation uncovered examples of several high profile brands being advertised against extremist content such as videos of a preacher banned from Britain and from white extremist David Duke insulting Jewish people. The BBC, Channel 4, The Guardian as well as the Financial Conduct Authority, Transport for London and the Royal Navy, advertising for [...]
City Moves for 20 March 2017 – who’s switching jobs at Keystone Law, MarketInvoice and Sage Group March 20, 2017 Today's City Moves cover legal eagles, peer-to-peer finance and enterprise software. Take a look at these movers and shakers: Keystone Law Chancery Lane-based law firm Keystone Law has appointed five senior lawyers across its residential property, regulatory, dispute resolution, employment and private wealth teams. Katie Cohen (pictured) will join Keystone as residential property partner. She [...]