Forget populist executive pay curbs: Prime Minister May should embrace these six policies to revitalise growth July 11, 2016 Predictably, those who demand more government spending both when the economy is doing well and badly are calling for increases to see off any potential post-Brexit slowdown. “Infrastructure spending” is the call of the day, with masses of supposed “shovel-ready projects” with high returns apparently lying around for the government to undertake. Unfortunately, in the [...]
Post Brexit vote, your business still needs to be prepared for the EU General Data Protection Regulation July 11, 2016 High-profile data breaches are becoming increasingly routine. Media coverage of events like the massive TalkTalk hacking scandal have opened the public’s eyes to the insecurity of their private data in the hands of enterprises, though they aren’t the only ones who have taken notice. Regulators across Europe have taken it upon themselves to ensure these [...]
Here’s how UK fintech’s rallying action in a post-Brexit no-man’s land July 10, 2016 London's fintech industry is rallying to action after the vote for Brexit in a bid to alleviate the fears of startups, along with their investors and supporters, over issues such as capital, market access and talent. The industry is already formulating a plan in the face of overwhelming uncertainty and a lack of clarification from political leaders on [...]
Union urges Tata to end “rollercoaster of uncertainty” as it halts UK sale July 9, 2016 Unite is pressing Tata Steel to give cast iron guarantee to end the "rollercoaster of uncertainty" for British Steel workers following the group's decision to halt the sale of its UK assets. Tata said late last night that it had paused the sale of its biggest UK assets as it entered talks over a joint venture with German [...]
Focus On Croydon: Concrete jungle of Zone Five is increasingly popular with young professionals July 8, 2016 It’s a concrete jungle out there. At least, it is if you live in the London borough of Croydon. Despite birthing Kate Moss, Sir Philip Green and Tracey Emin, it’s not an area that’s known for glamour, largely due to a preponderance of outdated 1960s office blocks. Though there have been many attempts to revive [...]
Ofcom: Sky garners few complaints across broadband, TV, mobile and telephone, but BT, EE, Plusnet fare badly July 8, 2016 Things aren't getting much better. The total number of complaints made to Ofcom in between the last three months of 2015 and the first three months of 2016 was stable – though, to be fair, there was a slight decline in pay-monthly mobile complaints. Sky consistently got less complaints than the industry average, while Virgin [...]
Ferrari 488 Spider review: This most perfect of sports cars has a lasting effect on Adam Hay-Nicholls, who gets cosy with it in Maranello July 7, 2016 The 488 Spider drove me to drink petrol. There was no warning when it ran out of fuel. OK, the gas light came on about 40 miles back but the way I was driving it, with ‘race’ mode selected on the manettino dial and some heavy application of the right pedal, that distance came and [...]
Brexit risks means investors can’t get enough of government debt July 7, 2016 The demand for government debt was its strongest for more than three years in the second post-referendum auction of UK bonds held this morning. Investors jumped at the opportunity to get their hands on the safe haven 10-year bonds, with demand for the £2.25bn worth of coupons on offer outstripping supply by 2.3 to one. [...]
George Osborne should turn attention from cutting corporation tax to helping smaller businesses July 6, 2016 The Chancellor’s biggest ever policy U-turn appears to have snuck under the radar amid the political resignations, betrayals and leadership bids currently dominating the headlines. On Sunday, Mr Osborne announced that he plans to cut corporation tax to less than 15 per cent in an effort to attract companies deterred from doing business in a [...]
London needs a seat at the decision-making table to make Brexit work for the capital July 5, 2016 London is, and always will be, open for business. Once, we were the world’s largest port – from which ships traded around the globe. Over the last century, we grew to become the world’s most competitive financial centre. And now, as we face the challenges thrown up by the result of the referendum on our [...]