Antonio Conte insists “I’m doing a great job” after Bournemouth batter Chelsea 3-0 at Stamford Bridge January 31, 2018 Chelsea 0, Bournemouth 3 Chelsea manager Antonio Conte issued a staunch defence of his performance after his side suffered a shock defeat at home to Bournemouth. The Blues boss insisted he was getting the best out of his players despite them conceding three second-half goals in 17 minutes to Callum Wilson, Junior Stanislas and Nathan [...]
Good fortune and Godspeed: Sir Martin Sorrell steps down from WPP ahead of misconduct investigation findings April 16, 2018 Global marketing giant WPP could be broken up following the departure of its renowned chief executive Sir Martin Sorrell, with City analysts divided over prospects for the firm. Sorrell’s three-decade tenure at the top of the advertising industry ended dramatically over the weekend as he stepped down from WPP following an investigation into alleged misconduct. [...]
Spring Statement: Here’s how economists reacted to Philip Hammond’s economic update March 13, 2018 Chancellor Philip Hammond today gave Parliament an update on the British economy based on new forecasts which show slightly lower government borrowing this year. The Office for Budget Responsibility said borrowing will hit £45.2bn in the 2017-18 fiscal year, falling steadily to £21.4bn by 2022-23, the end of the forecast period, although the cyclically adjusted [...]
Metro Bank, Deloitte and Setl are testing a blockchain-based contactless card November 15, 2016 Metro Bank, Deloitte and blockchain startup Setl have created a card for making simple contactless payments such as buying a morning coffee, using the distributed ledger technology (DLT) in a trial that's understood to be the first of its kind. The card has been tested by 100 people as part of the City watchdog's fintech sandbox [...]
Female-focused machine learning could change how financial advisers serve women January 10, 2018 Many companies already know that women are becoming more prominent as wealth holders, are directing more wealth investing than before, and are often their largest consumers. However, while women are the target customers, they are still underserved by financial advisers. Most financial services firms have optimised themselves to communicate with and serve male as opposed [...]
Machine learning could change the game for female investors in 2018 January 10, 2018 Many companies already know that women are becoming more prominent as wealth holders, are directing more wealth investing than before, and are often their largest consumers. However, while women are the target customers, they are still underserved by financial advisers. Most financial services firms have optimised themselves to communicate with and serve male as opposed [...]
English football clubs heading for “financial nightmare” in pursuit of Premier League riches October 10, 2017 English football clubs are risking ruin in a bid to reach the Premier League’s riches, according to a new report by financial analysts. The analysis found that 18 of 19 clubs who were promoted to the top tier between the 2008/09 and 2015/16 seasons made a loss during their promotion season. And playing in the [...]
Ostersunds’ English manager Graham Potter welcomes Arsenal Europa League tie December 11, 2017 The unheralded Englishman who has helped to transform Ostersunds from Swedish fourth division side to Europa League contenders has welcomed the prospect of a David and Goliath tie against Arsenal. The Gunners have been drawn against giant-killing Ostersunds in what is – on paper at least – one of the mismatches of the Europa League [...]
Champions League: Are Premier League clubs on the cusp of a European renaissance? February 12, 2018 The Champions League resumes this week with more English clubs in the knockout stages than ever before. All five Premier League sides who qualified to play in Europe’s elite competition — Manchester United joined last season’s domestic top four by winning the Europa League — cruised through to the last 16 with relative ease. Only [...]
Deloitte fined a record £4m by accountancy watchdog over audit of Aero Inventory November 10, 2016 Deloitte has been fined a record £4m by the accountancy watchdog for misconduct in its audit of AIM listed Aero Inventory in the run up to its administration in 2009. In particular, the Financial Reporting Council (FRC) claims the accountancy giant, along with partner John Clennett, fell short of the standard expected when auditing the company in [...]