UK industrial production fell unexpectedly in September – but manufacturing rose November 8, 2016 The UK's industrial production fell in September, despite economists expecting it to be flat – but manufacturing showed a rather rosier picture. Industrial production fell 0.4 per cent between August and September, the same fall as the month before. Year on year, the figure rose 0.3 per cent cent – although economists had hoped for a [...]
It’s finally arrived: How to trade US election night November 8, 2016 Even with her exoneration by the FBI at the weekend, a victory for Hillary Clinton is not yet guaranteed. Just a few hours before an expected 130m Americans head to the polls, it is still unclear which candidate will enter the Oval Office next year. She may have the edge – Nate Silver’s FiveThirtyEight had [...]
Trump versus Hillary: How to make money whoever wins the US presidency November 8, 2016 This presidential campaign has been nothing if not unpredictable. Less than a fortnight ago, a victory for Hillary Clinton looked all but certain. Then it emerged that the FBI was investigating a new set of emails connected with her private server. Now, she has been cleared, but Donald Trump is arguing that her latest exoneration [...]
City Moves for 4 November 2016 | Who’s switching jobs November 4, 2016 Hastings Group Hastings Group has appointed Teresa Robson-Capps and Alison Burns as non-executive directors with immediate effect. Teresa is currently a non-executive director and member of the audit committee for Clydesdale and Yorkshire Bank Group and is chairman of the ACS Group. She was previously a non-executive director for National Australia Bank; Europe/Clydesdale Bank. Teresa brings significant [...]
Wells Fargo sets aside even more to deal with the fallout from its accounts scandal November 3, 2016 Wells Fargo revealed today that up to $1.7bn (£1.4bn) has been set aside to deal with legal costs from its fake accounts scandal. The troubled financial giant's filings were not fun reading for investors – barely a week after it announced it would be paying out $185m for a fine to settle allegations that employees had created [...]
Regus is moving its HQ out of the EU from Luxembourg to Switzerland November 3, 2016 Workplace provider Regus is on the move: it's setting up a new holding company outside the EU. The new firm in Switzerland is called International Workplace Group (IWG), as the firm looks to provide a range of "flexible work solutions" across a range of brands. The company will still use the Regus brand extensively, saying it had [...]
The ballot box pen/pencil argument has reared its ugly head yet again November 2, 2016 Voters could be able to cast their ballot with a pen in future after fears that pencils could lead to fraud. The Electoral Commission received around 200 calls from worried voters about the issue around the time of the EU referendum in June. Many Twitter users posted online that they were using pens because of [...]
Inflation to hit four per cent by end of 2017 November 2, 2016 UK inflation is set to rise from 0.7 per cent to four per cent by the end of next year, thanks to the falling pound. That's what the National Institute for Economic and Social Research (NIESR) is forecasting anyway; the think tank says inflation will peak in the latter half of 2017 with a weak sterling [...]
Premium Bonds stand the test of time and celebrate their 60th birthday today November 1, 2016 There aren't many government initiatives that go pretty much untouched for 60 years. But the iconic Premium Bond celebrates its diamond anniversary today and while some elements may have changed, the central idea remains the same. Harold Macmillan launched Premium Bonds in 1956 as part of a government initiative to encourage post-war Britons to save more. The [...]
Jobseekers enjoy lower competition for jobs as number of vacancies recovers slightly November 1, 2016 Advertised vacancies were up 0.8 per cent in September in the latest sign that the job market could be experiencing a slight recovery after a slip over the summer. The total number of advertised jobs was 1,132,844 in September, a slight rise from the 1,123,365 seen in August, new figures from Adzuna showed, concluding that confidence [...]