Google share price surges after positive second quarter earnings report July 18, 2014 Safe to say that shareholders are satisfied with Google's latest batch of results. Shares in the search titan climbed today, up four per cent as investors piled into the stock following the firm's second quarter earnings report. The company led the S&P Index higher as US markets regain losses following Thursday's ruthless selloff prompted by [...]
3i appoints new director July 17, 2014 PRIVATE equity firm 3i yesterday announced the appointment of Caroline Banszky as a non-executive director. She took up the post after yesterday’s annual general meeting. Banszky is managing director of the global investment trust Law Debenture Corporation (LDC). Prior to joining (LDC), she was chief operating officer at Novae Group and finance director at NM Rothschild [...]
Wellbeing in the workplace: Get happy and thrive July 16, 2014 Remember the three Cs and you could see a boost in productivity. The idea that employee wellbeing can impact a company’s bottom line isn’t a new one. Back in the 1970s, the US Worksite Health Promotion movement campaigned for firms to think of staff health and happiness as an essential ingredient in productivity. [...]
Cabinet reshuffle: Gove becomes chief whip as Hammond replaces Hague July 15, 2014 David Cameron has this morning confirmed details of his last reshuffle before the 2015 general election, with Michael Gove and William Hague among those senior figures to leave their current roles. Hague last night resigned his position as foreign secretary and will be replaced by current defence secretary Philip Hammond, the Prime Minister confirmed [...]
David Cameron plans reshuffle to boost women at the top of the Tory party July 14, 2014 Prime Minister David Cameron is expected to announce a reshuffle of his top ministers today, as he seeks to boost the number of women in the upper ranks of the Conservative party ahead of the 2015 general election. The reshuffle comes on the same day as a highly critical report into equality in [...]
Online-only: One in four in UK would use bank with no branch July 14, 2014 One in four British customers would be happy to use an online-only bank with no physical outlets whatsoever, according to a poll released this morning. The survey by management consultancy Accenture shows that 25 to 34 year-olds are the age bracket keenest on the idea of an entirely digital bank. A third of the group [...]
City Matters: Why the frustrating rejection of Smithfield redevelopment helps no one July 14, 2014 In 2018, the first Crossrail trains will come roaring in to Farringdon Station and commuters will spill out along its 200m platform. Some of them will be working in the new office buildings going up on Farringdon Street, as the railway helps revitalise the area. None will be working in the new Smithfield Quarter building [...]
Beyond digital: What will the future look like for marketing services? July 13, 2014 WPP’S Sir Martin Sorrell released his list of the top 10 trends shaping the global advertising business last week. Alongside a shift in power to the South, East and South East of the world, and a brewing battle for talent, Sorrell discussed the continuing role of the internet in transforming marketing. While calling it [...]
UK construction sector dip compounds week of disappointing economic data July 11, 2014 The British construction sector seems to have lost its momentum. In another tentative sign that the swift economic recovery construction has been enjoying of late could now be slowing, construction in the UK retreated by 1.1 per cent in May according to the Office of National Statistics, a stark drop in light of economists predicting a [...]
Forecasters predict UK GDP to jump at fastest pace in four years July 8, 2014 The British economy grew at the fastest rate in four years during the past quarter, with the recovery still picking up speed, according to a respected group of forecasters. In the three months to the end of June, the National Institute for Economic and Social Research (Niesr) said it expected that UK GDP would increase to 0.9 [...]