We won’t close the gender pay gap in the City until we face up to the pressures of having a family January 5, 2017 The Resolution Foundation’s report yesterday on the gender pay gap shows progress for young women graduates, but makes for depressing reading for women approaching their 30s. The pay gap for women in their 30s and 40s has hardly changed in a generation. The report concludes that having children has a “sharp and long-lasting” effect on [...]
One-day success, Ashes revenge and Alastair Cook: My 2017 predictions January 4, 2017 ICC Champions Trophy June’s tournament is being staged in this country and England and have been drawn in Group A alongside Australia, Bangladesh and New Zealand. The hosts are a strong side in their own conditions and have been playing some really impressive one-day cricket over the past 18 months or so, scoring in excess [...]
New Leeds United co-owner pledges “ongoing investment” after buying 50 per cent stake from Massimo Cellino January 4, 2017 Leeds United's new Italian co-owner Andrea Radrizzani has pledged to provide manager Garry Monk with ongoing support and investment to fund the club's promotion push. The co-founder of influential sports media rights firm MP & Silva, Radrizzani has purchased 50 per cent of the Yorkshire club to become co-owner alongside fellow countryman Massimo Cellino. Under the [...]
The gender pay gap has halved in a generation (for this group of women) January 4, 2017 The gender pay gap has halved over the course of a generation, new figures have shown – but only for one group of women. A study by think tank The Resolution Foundation found the pay gap for millennial women in their 20s has fallen to five per cent. For baby boomers at the same age, the [...]
Mind the (pay) gap: Difference in pay for millennials is only five per cent in 20s but hikes significantly in 30s and 40s January 4, 2017 The gender pay gap has almost halved in a generation for millennials in their 20s, research out today shows, but the gulf is poised to escalate again once women reach their 30s and 40s. Millennial women, born between 1981 and 2000, who are now in their 20s earn around five per cent less than their [...]
Ready, Aim, acquire: Junior market takeovers boosted by fall of sterling in 2016 January 3, 2017 Takeovers of companies listed on London’s junior market jumped by a fifth in 2016, new analysis out today shows. Over the year, 34 companies on the Alternative Investment Market (Aim) were snapped up, an increase from 28 in 2015, according to accountancy group UHY Hacker Young. Aim companies proved particularly attractive in the last quarter [...]
Theresa May has blamed David Cameron for controversial New Year’s gongs January 2, 2017 Prime Minister Theresa May has reportedly vowed to reform the priorities for the honours system after some of the prizes handed out in the latest list came under fire. The New Year's list saw a knighthood handed to the the permanent secretary of the department for international development, despite concerns over the way the UK spends [...]
An ageing population, robots taking jobs and increasing inequality: The 10 biggest dilemmas facing the UK in 2030 December 29, 2016 It's not even 2017 yet, but think tank the IPPR has turned its attentions to the year 2030, to work out what challenges the UK will be facing by then. The resulting report, Future Proof, suggests we'll be grappling with an ageing population, increased automation of jobs – and increasing inequality. But what will be the [...]
Investment trust winners of 2016 December 29, 2016 Investment trusts focused on Asia are on course to deliver some of the best returns in 2016, according to data for trust sectors. Investment trusts are an alternative to more commonly held open-ended funds or unit trusts, offering some advantages. This is explained here: investment trust v open-ended funds Here, we look at the performance [...]
No tears for Boohoo as it nears $20m acquisition of US firm Nasty Gal’s assets December 28, 2016 Boohoo's share price rose this morning after the online fashion retailer announced it has initially agreed to snap up several assets from US group Nasty Gal for a cool $20m (£16.2m). Joint chief executives Mahmud Kamani and Carol Kane said the purchase agreement, which is Boohoo's second acquisition announced this month, is an "ideal next step" [...]