FA chairman Greg Dyke to leave role following Euro 2016 January 28, 2016 FA chairman Greg Dyke has announced his intention to leave the organisation after Euro 2016, claiming it needs "more of a conciliatory figure" to push through reforms. The former BBC director-general replaced David Bernstein in July 2013 and quickly built a reputation for his outspoken style and strong opposition to Sepp Blatter as Fifa president. Dyke [...]
JKX Oil & Gas loses bid to prevent board being ousted as Proxima wins votes January 28, 2016 The board of JKX Oil & Gas has lost its bid to remain in place, with nine directors being ousted as a result. The Ukraine-based business, which is listed in London, had blocked two of its biggest shareholders from voting in today's meeting, called to discuss a bid approach made by Proxima as well as the [...]
Gust and SyndicateRoom talk about their new crowdfunding partnership – and what it means for the industry January 28, 2016 There has been much talk that 2016 will be the year of consolidation, expansion and partnership within the P2P and crowdfunding industry. And one UK firm, SyndicateRoom, known for its investor-led model, has wasted no time in getting on with it. On Tuesday, the equity crowdfunding platform announced its collaboration with Gust, the world’s largest [...]
Gender stereotypes: How businesses can tackle them once and for all January 28, 2016 For workplace diversity, 2015 was a landmark year, with Lord Davies’s much-publicised target of having 25 per cent women on the boards of FTSE 100 companies finally being met in October. But we shouldn’t pat ourselves on the back just yet. While progress has undoubtedly been made in the upper echelons of UK Plc, the sad [...]
UK house prices: A quarter of people living with parents don’t think they will be able to afford to move out until they are at least 35, according to new research January 26, 2016 A quarter of people who currently live with their parents don't think they will be able to afford a home until they are at least 35, according to new research. Research from the Consilium Strategtic Land Fund revealed that a further 12 per cent don't think they will be able to buy a home until they [...]
Focus On Hackney Wick: Lack of homes and riverside cool is driving up prices on the edge of the Olympic Park January 25, 2016 With its disused warehouses and abandoned commercial buildings lining the banks of Regent’s Canal, a visit to Hackney Wick may not overwhelm you with its promise initially. But look a bit deeper into its property market and the potential of this industrial plain is clear to see. “Hackney Wick is one of east London’s most [...]
Where will Generation Rent live? Purpose-built private rentals go on sale in Lewisham January 25, 2016 Large deposits and rising house prices have left many young professionals floundering at the bottom of the property ladder, forced into the private rented sector for far longer than they ever intended to be there. This leaves a gaping hole in the market for good quality PRS housing and some developers, such as charitable housing [...]
Immigration powers the City’s competitiveness: Don’t cut off the supply in the pursuit of an arbitrary migration target January 25, 2016 For centuries, the City has thrived on being open – open to those who want to come to a leading financial and business centre, work hard and contribute to the growth of the economy. And this openness is not limited to people from fellow European countries, but also to those spread across the globe. This [...]
M Restaurant’s Martin Williams on Wagyu, division bells and building a brand January 25, 2016 There is something of the Midas touch about Martin Williams. Forty minutes into an interview about his restaurants, M Threadneedle Street and M Victoria Street – currently two of the capital’s trendiest hangouts – he mentions his previous life as an actor. Despite being successful on stage and TV in his early twenties, the on-off [...]
Tax experts pour cold water on heated debate over Google’s £130m corporation tax agreement January 25, 2016 Tax experts have poured cold water on a heated debate over Google’s agreement to hand over £130m to HM Revenue & Customs (HMRC) in unpaid corporation tax, dismissing suggestions that the deal was unfair. Tighter rules surrounding corporation tax will result in a string of companies striking deals with HMRC, accountants say. “There will be lots of businesses that [...]