European consumers turn their noses up at price comparison websites in favour of brokers. And it’s a trend that isn’t changing soon October 4, 2016 Continental Europe is shunning price comparison websites for sales of motor insurance because brokers have managed to adapt better to the needs of the market unlike their British counterparts. Two-thirds of all UK motor insurance policies are sold through price comparison websites – a medium that has only been around since the turn of the millennium. But according to [...]
Tesla Model X SUV review: Elon Musk takes a break from Mars mission to make a killer self-driving car November 29, 2016 No car brand knows how to build hype like Tesla. This relatively recent start-up (in terms of car manufacturers) has a boss who can generate hundreds of column inches just by tweeting. Every time one of its vehicles is involved in a serious crash, online forums are awash with rumours about the cause. And a [...]
Up for the cup: Sutton United bask in overdue return to spotlight January 5, 2017 Non-league Sutton United may be cast as extras in the FA Cup script but nearly 30 years after their last show-stopping third round performance the part-timers are busy rehearsing their lines for a long overdue encore. It was January 1989 when Sutton, playing as they are today in English football’s fifth tier, knocked out top-flight Coventry [...]
Britain must be tough but empathetic toward the EU to secure a good Brexit for the City of London January 19, 2017 Britain's departure from the EU will dominate 2017. Theresa May has set out her 12 Brexit objectives, Article 50 will be triggered shortly, and elections in France, Germany and the Netherlands threaten to further destabilise the existing order. Every sector of Britain’s economy will be affected. Protecting the future of Britain’s financial services industry – [...]
The future of TV: Is it just the walking dead? March 17, 2017 In 2014, Netflix CEO & Founder, Reed Hasting, prophesied that “linear” – or traditional broadcast – TV would be dead within 15 years. As the company has grown, so too has the belief that his prediction will come true. However, while the future of broadcast television looks very different, we don’t think TV is finished just [...]
Minouche Shafik is leaving the Bank of England to run the London School of Economics September 12, 2016 Deputy governor Minouche Shafik is leaving the Bank of England at the start of 2017 for a top position at the London School of Economics. She joined the central bank in 2014 as deputy governor for markets and banking and will also leave the monetary policy committee (MPC), financial policy committee (FPC) ,the board of the Prudential Regulation Authority [...]
Government vows to appeal after High Court rules Article 50 cannot be triggered without Parliamentary vote November 3, 2016 The government has vowed to appeal after a High Court judge ruled the Brexit process cannot be started until Parliament has given its backing. The ruling, handed out today, means Theresa May cannot trigger Article 50 without approval from MPs. A spokesman said the government was "disappointed" by the judgement. "The country voted to leave [...]
Simples: Comparethemarket.com owner chooses banks to oversee stock meerkat float August 7, 2016 The owner of Comparethemarket.com has appointed two Wall Street banks to oversee its £2bn-plus London flotation plans. BGL Group is aiming to launch an initial public offering (IPO) in the first quarter of 2017, with JP Morgan and Morgan Stanley now working on the float. Read more: Meet the companies that have ignored London's EU [...]
Branding a sports star: How Wasserman create social media prodigies December 12, 2016 Sports stars want to be rock stars, and rock stars want to be sports stars,” says Lenah Ueltzen-Gabell, executive vice president for Europe, the Middle East and Africa at Wasserman. We’re sitting in its newly refurbished headquarters at Aldwych House, an ultra-modern, open space of reductive design, coated with memorabilia gleaned from years of representing [...]
With the oil price higher, a credible central bank and warmer relations with the US, Russia’s stock market and the rouble could rise even further this year January 10, 2017 Since Donald Trump’s election, investors have embraced his tax-cutting, regulation-ripping agenda, and have been resolute in backing perceived winners and dumping losers. Developed markets are in; emerging ones are out – the obstinate tycoon must be pleased. Since 9 November, the promise of higher fiscal spending in the US has raised bond yields, and caused the [...]