Banking on the future: The boss of the Association of Foreign Banks speaks to CityA.M. December 12, 2019 Among the many services that the Association of Foreign Banks (AFB) provides to its global members is a guide on how to handle allegations of workplace harassment. Overseas banks with an office in the UK can pay their trade body a small fee for a 26-page report that highlights case studies of misconduct. It even [...]
Inside ‘co-living’: the flats where millennials trade living space for free craft workshops and yoga December 12, 2019 My alarm goes off at 6.30am, which means it’s time for yoga. As I wipe the sleep from my eyes, I glance around the unfamiliar apartment I’ve just spent the night in, which doesn’t take long because it’s barely bigger than a walk-in wardrobe. I get dressed and stumble out the door, traipsing down the [...]
DEBATE: Could tactical voting actually make a difference to the result of this election? December 12, 2019 Could tactical voting actually make a difference to the result of this election? Joe Twyman, co-founder and director of Deltapoll and a presenter of the Polling Politics Podcast, says YES. In first past the post elections, the difference between winning and losing a majority can be small. Really small. Back in 2017, the difference between [...]
Championing Britain’s economy means protecting our links with the EU — regardless of Brexit December 12, 2019 As polling stations up and down the country open this morning, Europe-centric businesses like mine are asking what they will have to deal with after the votes have been counted. My company is part of a group which employs over 300 people of multiple nationalities — many of them are EU nationals, but some are [...]
Booze boom: UK pub numbers grow for the first time in a decade December 11, 2019 The number of UK pubs and bars grew in 2019, sparking hopes of a turnaround in fortunes for Britain’s boozers after a decade of decline. New figures from the Office of National Statistics (ONS) revealed that there was a net gain of 320 pubs this year. Read more: UK restaurants and pubs hope for festive [...]
HSBC shakes up senior management after ‘unacceptable’ third quarter December 9, 2019 HSBC has replaced its investment banking boss and group chief operating officer in a raft of changes due to take effect in 2020. Investment banking chief Samir Assaf will step down as chief executive of global banking and markets in March, after 10 years in the role. He will take a new role as chairman [...]
You’re virtually there: How MelodyVR is helping music fans see their favourite artists December 9, 2019 Most music lovers will probably be familiar with the scramble for gig tickets, the eye-watering cost to see your favourite artist, figuring out the logistics of travelling to and from the venue. A large proportion of events are oversubscribed, so many fans end up missing out anyway. But one upbeat company is giving fans the [...]
General Election 2019: Sadiq Khan’s Christmas wishlist December 8, 2019 Election season can be a fruitful time for local councils to stick their hands out and plead with prospective governments to turn on the taps for their part of the country. With Labour and the Conservatives both keen to spend big, and prove to voters austerity is over, this may be the best opportunity in [...]
General Election: Labour promises to create business advocacy group December 5, 2019 Labour has pledged to create a state-run business support agency as part of a spate of policies intended to help small to medium enterprises (SMEs). If elected, the party wants to a create the Business Development Agency, which would assist companies “access business advice, finance and large scale government contracts”. Read more: Labour accused of [...]
Quiz swings to £7m loss as it blames ‘very challenging’ UK high street December 4, 2019 Fast fashion brand Quiz has plunged into a loss due to expensive shop leases and a lack of footfall in the first half of its financial year, it revealed today. Shares sank 16 per cent in response to leave the embattled retailer’s stock valued at just 14.05p per share. Read more: Quiz has already issued [...]