How to prepare your portfolio for inflation December 2, 2016 Concerns about inflation were already on the rise. Donald Trump’s victory in the US election has further stoked expectations that price pressure, absent in most Western economies since the financial crisis, may make a return in 2017 and beyond. The basics Inflation is a measure of how fast the prices of goods and services are [...]
Sadiq Khan says failure to promote integration is hurting the UK economy November 14, 2016 London mayor Sadiq Khan has today called on European mayors and other city leaders to focus on uniting communities in the aftermath of Donald Trump's shock election win. Speaking at a conference at City Hall, Khan said failure to achieve better integration in the UK was costing the economy around £6bn. It comes after Khan [...]
“I’ve got the best job in the world”, says Sadiq Khan, City A.M.’s Personality of the Year 2016 November 10, 2016 Sadiq Khan is feeling ambitious as he sits down with City A.M to discuss his first six months as London mayor. Khan isn't just sketching out his plans for the next six months in office – the former Tooting MP is talking in decades. To be precise, he's talking about serving no fewer than six [...]
The Big Bang 30 years on: How the City of London has changed since 1986 October 26, 2016 Nothing stands still in the City. The world's financial services powerhouse has seen it all, from boom and bust to bouncebacks and Brexit. Its skyline has changed almost beyond recognition over the last three decades, as have the markets it serves. As we mark the 30th anniversary of the so-called Big Bang, we cannot help [...]
America is embracing the opportunities of AI while the rest of the world frets October 25, 2016 The rise of artificial intelligence (AI) continues to generate concerns. The latest furore emerged at the start of this week. Researchers in the top ranked University College London computer science department claimed that an AI algorithm correctly predicts the outcome of 79 per cent of cases heard at the European Court of Human Rights. The current fear [...]
How The Clean Space’s Charlie Mowat controlled his inner control freak October 11, 2016 "I’m Charlie Mowat and I’m a control freak.” Those opening words launched a recent Leap 100 roundtable. But the founder of The Clean Space wasn’t alone. The room was full of entrepreneurs; each of whom struggle with the same problem. Success – while preferable to the alternative – brings its own challenges. After Oxford University and [...]
Trump follies should make Britain count its Brexit blessings October 10, 2016 Investors can breathe a sigh of relief that the biggest Black Swan is treading water. Thanks to one lewd recording – dating back a decade – Donald J Trump’s race to the White House could be in serious jeopardy. The diminishing chances of a Trump presidency have put Europe back in the market’s crosshairs, as [...]
Retail lobby group British Retail Consortium urges government to protect consumers from rising costs post-Brexit October 10, 2016 The British Retail Consortium (BRC) has urged the government to secure a Brexit deal that avoids rocketing prices for consumers. Writing to Liam Fox, the secretary of state for international trade, the BRC said that the retail industry, as the UK's biggest importer, needs tariffs and import costs to remain low. Read more: Retailers in Mayfair [...]
British business leaders from the Confederation of British Industry and the EEF urge the government to sidestep “hard” Brexit in open letter October 8, 2016 A group of major lobby groups from Britain's business sector has written an open letter to the government urging it to preserve barrier-free trade with Europe and avoid a so-called "hard" Brexit. The letter, which is signed by the heads of the Confederation of British Industry (CBI) and manufacturers' organisation EEF, said the terms of the UK's [...]
The new centre ground: The full text of Theresa May’s Conservative Party conference speech October 5, 2016 In the speech which closed the Conservative Party conference, Theresa May spoke of a country in transition, and new opportunities. The full 7,600 words is below – although if you'd rather a cut-down version, her best quotes are here – or you can read how businesses reacted. The new centre ground: May's speech in full When [...]