Edinburgh’s quality of life key to attracting talent from across the globe November 10, 2016 They say home is where the heart is: where we feel comfortable, safe and free to explore our interests and dreams. Home can be four walls and a roof, a familiar serene landscape or a vibrant city. Home is good for the soul, but interestingly, recent research has also begun to explore the strong correlation [...]
Don’t be fooled by the Tesco Bank hack – Hackers are more likely to go after firms outside of financial services November 9, 2016 Despite the recent high profile hack on Tesco Bank, cyber criminals are increasingly unlikely to target financial services firms. The Tesco Bank attack – branded unprecedented by top regulators – runs against the trend for hackers to focus on non-banks with lower levels of cyber security, City law firm RPC has warned. According the law firm data [...]
M&A activity surge predicted in betting, airline and homebuilding industries after Brexit vote November 9, 2016 The UK’s Brexit vote is likely to increase deal activity in the betting industry, among airlines and between homebuilders, new analysis out today suggests. With the outcome of the Leave vote far from decided, “the only certainty is uncertainty”, the Boston Consulting Group (BCG) report noted. But the report, “Will Brexit hurt – or help [...]
Has Barack Obama been a good President? November 8, 2016 Ed Bowsher, senior analyst and joint output editor at Share Radio, says Yes. Barack Obama has definitely been a good President. He took over when the US was in the middle of an economic crisis – banking reform and a sizeable fiscal stimulus helped create a decent recovery. If you doubt whether the stimulus made [...]
Barclays is selling its Irish insurance unit, as it continues to ditch its non-core business November 8, 2016 Barclays announced today it has agreed to sell its Irish insurance business, marking the latest step in a long journey to scale back its non-core business. The bank will sell Barclays Insurance (Dublin) Designated Activity Company and Barclays Assurance (Dublin) Designated Activity Company to Monument Re for an undisclosed sum and the deal is expected to [...]
Entrepreneurs must be nimble in the face of cyber risks November 8, 2016 Chancellor Philip Hammond announced last week that, over the next five years, the government will invest £1.9bn in trying to tackle cyber attacks. There’s an argument that a sizable chunk of this funding should be directed towards stopping the problem at source abroad, but for UK-based entrepreneurs, their fight against cyber crime will necessarily be [...]
At the frontline: The cyber threat is becoming ever more subtle November 8, 2016 On any given day, typing the words “cyber attack” into Google News will give you a fresh medley of hacking stories. Hollywood and Edward Snowden may have romanticised the perpetrators of these crimes, but behind most of the headlines sit one or more business owners who are the victims of these devastating breaches. Darktrace and its 330 [...]
Direct Line motors ahead of expectations despite whiplash concerns November 8, 2016 Direct Line's share price edged up slightly today after revealing a strong nine month performance from its motor brands. Shares were up around 0.5 per cent after the company said that the amount of motor insurance the group had written increased by 10 per cent. Overall gross written premiums were up by 4.2 per cent compared with the [...]
Britain is embracing free trade just as the world turns to protectionism November 7, 2016 In pointed contrast to President Obama, Donald Trump has promised Britain that it will be at the front of the queue for a free trade deal should he triumph in today’s presidential election. Yet whether a President Trump, or indeed a President Clinton, would be minded to expend political capital on any trade deal has been thrown [...]
This former chancellor has joined a new financial well-being charity November 7, 2016 A charity set up to boost financial well-being and resilience across the UK has just welcomed a former chancellor onto its board of trustees. Alistair Darling, who served as chancellor between 2007 and 2010, has joined Standard Life Foundation and he is expected to become the charity's chair at the start of 2017. Howard Davies, who used [...]