Apple supplier Foxconn ‘cautious’ about demand as inflations spreads August 10, 2022 Taiwanese Apple supplier Foxconn is “cautious” about upcoming demand, supply chains and operating performance, it’s chairman said today, as inflation spreads and tensions with China rise. Foxconn, also known as Hon Hai Technology Group, is one of the world’s biggest suppliers of semiconductors or computer chips. The Taiwanese tech giant hit a record half-year revenue [...]
Gritty business: the power of passion and perseverance August 10, 2022 What’s more important to success — talent or effort? Most of us would say talent. But according to psychologist and best-selling author Angela Duckworth, most of us would be completely wrong. That’s one of the main takeaways from her book Grit: The Power of Passion and Perseverance. In an interview at Alpha Summit GLOBAL from [...]
Fear has pushed us back to cash as banks fail to help consumers control spending August 10, 2022 We’ve come to believe we live in an almost completely cashless society today. In fact, withdrawing large amounts of cash from your bank is viewed with suspicion – victim of fraud or tax evasion? What other possible reason could you have for cash? Even Big Issue sellers now have Square readers to accommodate this shift. [...]
Politicians need to find a balance with social media like TikTok, not run from it August 10, 2022 THE UK Parliamentary account on TikTok was unceremoniously banned from the Westminster estate last week after a group of MPs alerted the Speaker of the House to the account’s existence. While concerns about national security and data access in China are understandable, an outright closure of such an important route to engaging people in politics [...]
Toni Minichiello: Jess Ennis-Hill’s coach banned for sexually inappropriate behaviour August 9, 2022 The British athletics coach credited with guiding Jessica Ennis-Hill to the top of the sport, Toni Minichiello, has been banned for life after being found guilty of sexually inappropriate behaviour. Minichiello “dry humped” athletes, touched and made comments about their breasts and told one female athlete she could “suck my ****”, a UK Athletics investigation [...]
Facebook, TikTok and fake news play key role in Kenyan elections: Millions to vote today after ugly online campaigns August 9, 2022 NAIROBI – Politicians and political parties across Kenya have spent tens of millions on social media campaigns in recent weeks in a last effort to win over voters, as the East African country is going to the polls today. Alongside hundreds of genuine statements and ads, fake and false online claims play a key role [...]
Working in partnership to help children learn about money and finances August 8, 2022 Managing money is a key skill that is essential for adult life. Financial education therefore has the potential to equip young people with the confidence and skills they need to build their futures, open the door to a world of opportunities and transform their lives. However, the level of financial capability in the UK is [...]
To attract and retain the best talent, the Square Mile must break down class barriers August 8, 2022 Later this month, young people across the country will be opening their exam results and looking ahead to an exciting future. I hope that many of them will eventually choose to forge a career in the Square Mile, just as I did a few decades ago. City firms try to attract the best talent to [...]
Over 60 per cent of Premier League contracts open to abuse, research suggests August 8, 2022 Her Majesty’s Revenue and Customs believes that a “significant number” of Premier League football clubs and players are underpaying tax, new analysis from law firm Pinsent Masons will reveal today. Pinsent Masons says that 64 per cent of Premier League footballers’ contracts now take a form which HMRC says is open to abuse. This follows [...]
Boost financial education to nurture young investors, says London Stock Exchange boss August 7, 2022 The boss of the London Stock Exchange has called for better financial education in schools to prevent a generation of young investors being shut out of capital markets.