Trump tore down the walls for the Democrats’ socialist superstar February 1, 2019 Half-baked policy ideas that don’t stand up to economic scrutiny but spread like wildfire across social media. The ability to tear up the rulebook to forge a new path to power. A US politician who is almost certainly dramatically under-qualified for the office they hold, but who has captured the imaginations of millions through sheer charisma [...]
London salaries 2019: Which jobs will get you a pay rise? January 31, 2019 Talent has rarely been so in demand as it is in 2019. Against a backdrop of a record employment rate, UK wages keep going up, with pay growth hitting a post-financial crisis peak of 3.3 per cent in late 2018. Read more: Employment rate hits new record as wages grow But as a UK-wide average [...]
Law firm DWF announces intention to float in UK’s largest legal listing January 31, 2019 Law firm DWF yesterday announced its intention to float on the main market of the London Stock Exchange in what would make it by far the largest law firm to go public worldwide. The firm would become just the sixth publicly traded UK law firm, the first to list on the main market and the [...]
What are the UK’s most shorted stocks? January 29, 2019 Hedge funds made millions from short-selling Carillion shares after the construction firm collapsed a year ago. That’s hardly a surprise, but what’s telling is that many short-sellers were predicting its failure even before the company issued its first profit warning back in July 2017. Short-sellers borrow shares from other investors, typically large institutions like pension [...]
The perfect brand name doesn’t exist, so stop searching for it January 28, 2019 Naming a brand is often a tortured process, full of impassioned argument and furrowed brows. Everyone wants to find that silver bullet: the simple, unique name that crystallises everything important about the brand. Well, stop looking. Because you won’t find it – and you don’t need to. Names matter, but never as much as they [...]
There’s a lesson from Dyson’s Singapore move, but it has nothing to do with Brexit January 25, 2019 There’s no question that Dyson’s move from Wiltshire to Singapore will be a loss to Britain. The company boasts profits in excess of £1bn, employs 4,000 in its Malmesbury offices alone, and is one of the UK’s major business success stories. But that doesn’t justify the political backlash we’ve seen. In true polarising fashion, owner Sir [...]
TV analytics platform Admo raises €6m in series B fundraising for London expansion January 24, 2019 Advertising analytics firm Admo.tv has secured €6m (£5.2m) in funding to help boost its presence in London, the company said today. Admo, which helps brands measure the impact of TV adverts on online traffic, raised the series B funding from venture capital firms Runa Capital, Entrepreneur Venture and Cap Decisif. Read more: Social media influencers promise [...]
Ford profits hit by tariffs as US car maker records losses in every region except North America January 24, 2019 Ford, the second biggest car maker in the US, recorded losses in every global region except North America in 2018, according to its full-year results. The company, which is in the midst of a major global restructuring drive, is to implement cost-reduction plans and job losses in Europe, looking to shake up its South American [...]
The earl-y bird catches the worm: City law firm hires aristocratic new partner January 23, 2019 Law firm Michelmores announced today it had hired the Earl of Devon as a partner in its disputes team. Charles Courtenay, the 19th Earl of Devon, joins the firm from US legal giant Latham & Watkins – the second largest law firm in the world by revenue. Although Courtenay will be based in Michelmores’ London [...]
West End landlord Great Portland reports robust leasing amid growth in tenant demand January 23, 2019 Fresh signs of strength in London’s leasing market emerged today, as listed property giant Great Portland Estates (GPE) posted rising rental values and low vacancy levels amid continued demand for office space in the capital. The West End landlord signed 16 new lettings totalling than 50,000 square feet in the quarter to the end of [...]