It’s time for an honest debate on retirement August 13, 2018 A population roughly the size of London – that is the number of additional people aged 65 and over estimated to be living in the UK by 2066, bringing the total figure up to 20.4m, according to the latest official data. At current rates, over a quarter of the population will be past retirement age [...]
European floats show tech is still on top, with 2018 proving to be a bumper year to go public July 9, 2018 Initial public offerings (IPOs) in Europe ended the first half of 2018 on a five per cent rise in value compared to the same period in 2017, taking in a total of €21.8bn (£19.3bn) over 168 company listings. The increase was also a four per cent boost in the number of companies listing over that [...]
Hummus Bros dips into administration June 26, 2018 London food operator Hummus Bros has closed as a "perfect storm" of costs and competition pushed it into administration. The six-strong Mediterranean chain posted on twitter late last night to inform customers that the business had closed after 13 years of trading. Humms Bros said that "rising costs, reduced demand and over-supply in the market" [...]
Ollie Phillips: Will Spencer red card highlights complicated nature of rugby’s high tackle laws September 20, 2018 Will Spencer’s red card and subsequent four-week ban for a high tackle during Leicester’s 41-35 defeat by Wasps last weekend has sparked a perennial debate in rugby. High tackles are a complicated subject. The focus of rugby’s administrators is to reduce concussions and they’re understandably hot on the issue at the moment. The law change [...]
Ollie Phillips: Will Spencer red card highlights complicated nature of rugby’s high tackle laws September 20, 2018 Will Spencer’s red card and subsequent four-week ban for a high tackle during Leicester’s 41-35 defeat by Wasps last weekend has sparked a perennial debate in rugby. High tackles are a complicated subject. The focus of rugby’s administrators is to reduce concussions and they’re understandably hot on the issue at the moment. The law change [...]
There’s nothing artificial about AI’s influence on the financial world August 31, 2018 Research by PwC estimates that global GDP will be 14 per cent higher in 2030 as a result of artificial intelligence (AI). That’s the equivalent of an additional $15.7 trillion, or more than the current output of China and India combined. If this is the case, how exactly will the City’s financial services sector change [...]
Ukraine’s central bank pulls plug on PwC bank audit rights over PrivatBank’s balance sheet hole July 20, 2017 The National Bank of Ukraine (NBU) announced today that it had pulled the plug on PwC’s domestic bank auditing rights, after it had failed to identify a $5bn (£3.9bn) balance-sheet hole at the country’s largest lender in previous audits. It comes after last December’s state takeover of PrivatBank by the NBU, in a move aimed [...]
Businesses should become radically transparent, open, and honest – even about salaries September 19, 2018 Slowly but surely, the secretive, paternalistic corporate culture of the past is being infiltrated by a new approach that embraces the concept of radical transparency. There’s a new breed of organisation that thrives on the notion of having no secrets from its employees, its customers, or any other stakeholders. These companies share every last detail [...]
Businesses should become radically transparent, open, and honest – even about salaries September 19, 2018 Slowly but surely, the secretive, paternalistic corporate culture of the past is being infiltrated by a new approach that embraces the concept of radical transparency. There’s a new breed of organisation that thrives on the notion of having no secrets from its employees, its customers, or any other stakeholders. These companies share every last detail [...]
The UK tops the charts for venture capital funding in Europe after a bumper second quarter July 12, 2018 The UK has regained its title as the top spot in Europe for venture capital investment in the second quarter of 2018. A total of £1.55bn of venture capital money was invested into UK businesses in the second quarter, spanning across 244 deals with artificial intelligence, fintech, cybersecurity and biotech as the most popular sectors [...]