How tech and medical advances are transforming healthcare investing June 14, 2021 | City Talk Healthcare innovation specialist John Bowler explains the revolution going on in the sector. Covid-19 aside, what other issues are emerging that will reshape the healthcare sector? The main drivers of healthcare remain unchanged: there is accelerating demand for healthcare services as people are increasingly living longer. Governments around the world face budget pressures with the [...]
How are vaccine programmes progressing in emerging markets? June 11, 2021 | City Talk Some emerging markets will be vulnerable to renewed activity restrictions in the coming months. For investors, this will require careful monitoring. The roll out of Covid-19 vaccines remains a conundrum facing investors in emerging markets (EM). As we noted late last year, few EM were proactive in securing sufficient supplies of effective vaccines. So they were [...]
Pandemic has changed work attitudes of some young people June 10, 2021 The Covid-19 pandemic may have changed how we work in more ways than remote working. New research shows 85 per cent of young professionals have permanently changed their attitude towards work due to the pandemic. Analysis carried out by professional social network platform Polywork shows virtual ways of working have opened up more work possibilities [...]
General Electric to freeze $14bn pension pot for 2,700 UK staff June 10, 2021 General Electric Co will freeze pension benefits for around 2,700 UK employees from January 2022 and take a related charge, the company announced today. GE’s pension benefit obligation in the UK was about $14bn at the end of 2020. GE’s pension plan has been closed to new entrants in the UK since September 2011. At [...]
A third of gig economy couriers and delivery drivers have no savings June 9, 2021 Around 30 per cent of gig economy drivers, riders and couriers across Europe had no savings in the first half of 2021. Almost half of the 10,000 workers surveyed had experienced a claimable event such as an accident. Of these, only 12 per cent had actually made a claim and 69 per cent had a [...]
Businesses struggle to develop staff remotely June 9, 2021 Over a third of businesses have struggled to train staff remotely during the global pandemic, a new survey suggests. The UK Government plans to remove restrictions so more people can return to the office from 21 June but the survey results suggest business leaders are still split over the future of working practices. Senior decision [...]
Speed shopping: Food delivery space in frenzy as well-funded newcomers eye Deliveroo’s market share June 9, 2021 Getir has become the latest in a raft of fast-growing grocery delivery operators to raise bumper cash injections to fuel ambitious growth plans. The Turkey-based company, which said it can deliver to customers in as little as 10 minutes and launched in the UK in January, secured almost £400m in investment last week, taking its [...]
The £33k cost of trying to time the market June 9, 2021 | City Talk “Buy low, sell high” – that’s every investor’s goal. However, it’s easier said than done. In practice timing the market is notoriously difficult. It can also be costly. Our research highlights potential losses if your attempts to time market highs and lows go wrong. The dramatic drop in share prices at the onset of the [...]
Normalising ‘speaking up’ and learning how to ‘listen up’ June 7, 2021 | City Talk Catriona Paisey reports on the key findings from her Speak Up? Listen Up? Whistleblow? research funded by ICAS. ICAS’s business ethics initiative, The Power of One, emphasises that the importance of trust in business must not be understated. Trust is the key to the long-term sustainability of organisations. To ensure trust, there is a need for [...]
Klarna likely to choose US over London for stock market listing June 6, 2021 Sebastian Siemiatkowski, boss of pay now, pay later business Klarna, has said the firm is likely to choose the US over London for its stock market debut. In an interview with The Sunday Times, Siemiatkowski said: “It’s more likely that Klarna will list in the US. “The majority of my investors would say that’s where [...]
