The wrong colour shoes, “loud” ties and other ways you can be ruled out of top City jobs September 1, 2016 Investment banks are failing to hire working-class people – as well as those who wear brown shoes. A new study out today from the Social Mobility Commission reports that investment banks favour middle to higher-income candidates from the country’s top universities. The researchers, from Royal Holloway University of London and the University of Birmingham, also [...]
The founder of Smarkets is turning workplace hierarchies upside down | City A.M. October 18, 2017 With the current Conservative leadership narrative resembling a combination of Shakespeare’s Comedy of Errors and Julius Caesar, there’s plenty speculation about which path history will take – “Will Boris get the boot?”, “Will May resign?” etc. Cue Smarkets – a stock market for betting: you bet against other betters, not the house. Founder Jason Trost’s [...]
Following in the tyre tracks of legendary rock stars through Morocco in a Bentley Bentayga November 1, 2017 As I steer off the ferry from Spain and burble through the customs gate, I catch sight of the Grand Mosque’s rectangular minaret that greeted Keith Richards and Anita Pallenberg in 1967. I’m in Tangier, exactly 50 years later, on a mission to Marrakech and, like Keith and Anita, my girlfriend and I have arrived [...]
Chef’s Table: M Restaurant Chef Mike Reid interviews former England and Manchester United star Andrew Cole July 5, 2018 This month, M Restaurant chef Mike Reid cooks lunch for former Manchester United and England striker Andrew Cole, as they discuss the pressure on footballers, recovering from a kidney transplant, and why Australia is terrifying. STARTER: Cured Sicilian red prawns with potato sauce, peas and almonds; Burrata with baby tomatoes, spiced bread and red pepper; [...]
Toshiba finally signs £13bn deal to sell chips unit to Bain Capital-led consortium, but signs of discord emerge as press conference cancelled September 28, 2017 Toshiba Corp has finally signed a ¥2 trillion (£13bn) deal to sell its prized chips unit, Toshiba Memory Company (TMC), to a consortium led by private equity giant Bain Capital. The consortium, which also consists of tech names such as Apple and Dell, staved off competition from bidders including Western Digital, Toshiba’s chips partner which [...]
How do markets fail? Blame visible hands July 28, 2017 Markets are less perfect than commonly assumed. In the past, I have discussed their inability to price unknowns; the blindness of the assumptions that underlie market activity; that the implicit presumption that market fungibility bears consequences; and that markets are not systemic. How else do markets fail? They have visible hands, not invisible ones. Markets [...]
What to do in Amsterdam when it’s very, very wet outside August 4, 2017 Two things you should always pack for a quick city break: good shoes and a waterproof. Most cities are best viewed on foot. What interesting little side streets can a double decker bus tour ever take you down? There’s nothing better than being able to duck unplanned into a cheese shop, or a bar (or [...]
Raheem Sterling’s quantum leap: Why Man City man’s superhero season should encourage Tottenham’s Dele Alli and Manchester United’s Marcus Rashford November 30, 2017 Raheem Sterling’s late winners against Feyenoord, Huddersfield and Southampton in Manchester City’s last three games have underlined his remarkable evolution this season from talented but erratic forward to the elite team’s go-to man in the clutch. It’s been quite a jump. If Sterling was the star in a superhero movie then the 2017-18 season would [...]
Boots’ UK boss Simon Roberts set to quit in July June 9, 2016 Boots' UK boss Simon Roberts is set to quit the company in July to "pursue new opportunities". Roberts, who is also executive vice-president of Boots' American owner Walgreens Boots Alliance, said that the pharmacy chain now needs a "new leader to take the business forward". Roberts joined Boots from Marks & Spencer in 2003 and was promoted to president as part [...]
Football betting: Hazard could give Wales a moule-ing on way to Golden Boot June 29, 2016 Chelsea fans must be wondering which version of Eden Hazard will return to their club for the next Premier League campaign. He had a forgettable season but, going into Friday's Euro 2016 quarter-final against Wales, he’s finally showing the form that won him PFA Player of the Season for the 2014/15 campaign. It’s bad timing for [...]