Improvement in domestic sales boosts London business confidence June 6, 2018 Confidence among London’s business has jumped in the second quarter of the year thanks to rising sales at home and abroad, according to a new survey to be published today. A business confidence index tracked by the Institute of Chartered Accountants (ICAEW) bounced back into positive territory, to a reading of 3.4, well above the [...]
Samsung selling Commerzbank’s £425m London HQ near Bank of England June 5, 2018 Samsung Life Insurance, the South Korean investment manager, is selling the London headquarters of Germany’s Commerzbank for £425m. Samsung is being advised by DWS in the sale of the 400,000 square foot (sq ft) building at 30 Gresham Street, which sits not far from the Bank of England and overlooks the Guildhall. Originally constructed by [...]
Samsung selling Commerzbank’s £425m London HQ June 5, 2018 Samsung Life Insurance, the South Korean investment manager, is selling the London headquarters of Germany's Commerzbank for £425m. Samsung is being advised by DWS in the sale of the 400,000 square foot (sq ft) building at 30 Gresham Street, which sits not far from the Bank of England and overlooks the Guildhall. Originally constructed by [...]
How the founder of Push Doctor hopes to take the stress away from the NHS June 4, 2018 Nowadays, it’s rare to hear any mention of the NHS without the word “crisis” trailing closely behind. Increasing patient numbers and the worst winter period on record have left the NHS bowing under the pressure. A recent report from the Institute of Fiscal Studies and the Health Foundation said taxes would have to increase by [...]
Investment bank Nomura gets German licence for post-Brexit Frankfurt base June 1, 2018 Japanese investment bank Nomura said today it had been granted a licence by German regulators for its new post-Brexit Frankfurt base. Nomura confirmed it had received a licence from German financial regulator BaFin for its new Frankfurt subsidiary. The bank said in a statement: “Nomura’s plans are well advanced and the license is a major [...]
Drones could add £42bn to UK economy by 2030 with more than a third to be in the public sector, says PwC report May 30, 2018 Drone technology could increase UK GDP by two per cent, or £42bn, by 2030, with more than a third of new drones to be utilised by the public sector, says new research from PwC. The report estimates that there will be more than 76,000 drones in use across the UK by that time, with public [...]
Could the office be staffed by chatbots? May 29, 2018 Whether checking insurance quotes, ordering concert tickets, or seeing if your favourite trainers are back in stock, almost all of us will have encountered a chatbot in our daily lives. Capable of providing fast access to information and offering pre- programmed responses to minimise misunderstanding in communication, businesses have found that chatbots have cut customer [...]
Standard Life Aberdeen’s share price falls as firm reveals plans to return £1.75bn to shareholders May 29, 2018 Standard Life Aberdeen's share price fell this morning after the firm revealed plans to return £1.75bn to its shareholders following the sale of its UK and European insurance business to Phoenix Group. The finance giant this morning announced plans to gift £1bn to shareholders via a B share scheme, in which new B shares will [...]
Online wealth manager Moneyfarm raises £40m in round led by Allianz as FCA scrutiny fails to deter investment in robo-advice May 29, 2018 Digital wealth manager Moneyfarm has today grabbed £40m in a funding round led by the asset management arm of insurance giant Allianz. The funding round – which saw contributions from new parties Endeavor Catalyst and Italy's Fondazione di Sardegna, as well as existing investors United Ventures and Cabot Square Capital – is the largest to [...]
Top tips for PAs booking business trips May 29, 2018 Getting things right first time is essential when booking a business trip for your boss. Thankfully, our handy guide makes the whole process a cinch. How To Make Booking Your Boss’s Business Trips A Breeze While booking holidays for ourselves is often an exciting and rewarding experience, booking business trips for the boss can often [...]