1 in 3 Londoners still working from home as Brits demand flexible hours, casual clothing and in-house gyms July 14, 2022 One in 3 Londoner’s are still working from home, the Office for National Statistics said this week. In fact, there has been a sizeable fall in commuters across the UK following the pandemic. As a result, offices are forced to rethink how they serve their workers, with many feeling the need to resemble a home [...]
War for talent and skyrocketing wages push fees at job giant Hays to record levels in 15 countries July 14, 2022 Recruitment giant Hays said this morning the company is benefiting from higher wages around the world as it sets up potential candidates with jobs in industries. Job numbers have been strong, leading to increased competition from companies for workers, and helping to push up pay – although often not by enough to offset runaway inflation. [...]
The investment trust sector and the Four Horsemen – a review of Q2 22 July 13, 2022 Conquest and War – Russia’s invasion of Ukraine and the ongoing conflict between the two countries; Famine – at the very least the increased threat of global food shortages as supplies from Ukraine, the ‘bread basket of Europe’, increasingly become weaponised; Death – despite the roll-out of vaccines, Covid-19 continues to mutate and take lives [...]
Money matters – Financial literacy: A vaccine for life July 12, 2022 | City Talk Could a double dose of financial literacy combined with experience help households make more rational financial decisions? What can be done to enable households to make more rational financial decisions? In the wise words of Warren Buffet, one of the greatest investors of all time, invest in yourself by accessing the latest financial education for [...]
Big banks axe dealmaker jobs as revenues tumble July 12, 2022 Major investment banks have started cutting dealmaker jobs after last year’s hiring binge as revenues fall. 12 big banks have slashed their investment banker roles in the second quarter of 2022, according to research from data provider Coalition Greenwich, as reported by Financial News London. These include Bank of America, Barclays, BNP Paribas, Citigroup, Credit [...]
Climate reporting a ‘burden’ for pension funds but the only way forward, says Opperman July 11, 2022 Newly reappointed pensions minister Guy Opperman said today that new climate reporting measures for pension funds were a “challenge” and “burden” for fund managers but it was clear it was now the only way to clean up investment. Opperman, who resigned and was reappointed to his role last week, said that becoming the first country [...]
Doceo watch list 11.07.22 July 11, 2022 Discount Watch: 10 The number of investment companies whose discounts hit 12-month highs over the last seven days increased by one this week to 10. Case of deja-vu in the private equity and infrastructure sectors after there were second consecutive appearances for LMS Capital (LMS); Schroder British Opportunities (SBO); and infrastructure’s Sequoia Economic Infrastructure (SEQI). [...]
Doceo Insight – The £81bn jackpot and the investment trusts with the biggest shares July 11, 2022 The number 81 will have different meanings for different people. It might be someone’s age or year of birth. Perhaps the last two digits of a credit card pin. For bus goers in the London area, the number 81 will get you from Slough to Hounslow and back again or, if in Merseyside, from Bootle [...]
Doceo’s Weekly 360 – the week’s news and views in the words of the companies and the professionals July 11, 2022 A unique mandate Fourth Annual Report from fintech investor Augmentum Fintech (AUGM). Chairman Neil England wrote: “The Company’s portfolio of investments has again performed very well with an increase in Net Asset Value (NAV) per share after performance fee of 19.0%. However, the share price and total shareholder return do not reflect the strong performance [...]
Three Soft Skills You’ll Need To Succeed At A Tech Start-up July 11, 2022 If you’re working in the tech sector, hiring at a startup is something you’ve probably considered. Startups are booming in the UK: 38,240 tech firms were incorporated in 2021, up from 23,579 in 2020. According to data from Dealroom, in the first quarter of this year, tech firms raised a record £9bn, up from the [...]