What the Donald Trump win means for your pension pot November 9, 2016 Given all the excitement this morning, your retirement funds might be the last thing on your mind, but you might want to take a moment or two to ponder your pension after all. The fallout from Donald Trump's election win might call for some careful thinking about pension pots, industry experts have warned. Trump's somewhat [...]
Companies need to tell us the real numbers when it comes to pension deficits, say experts October 31, 2016 Some of Britain's high profile corporate failures could have been avoided if details of their pension scheme deficits had been made clearer according to experts. In a wide-ranging review of the FTSE 350, covenant experts, Lincoln Pensions, called for a greater level of transparency in company’s annual reports. "We believe that many of the issues [...]
Stop expecting central bankers to grow the economy: They can’t February 2, 2017 In 2008, monetary authorities around the world embarked on an unprecedented series of experiments. As economies tanked and governments throttled back on fiscal measures in the face of huge debts and deficits, people looked to central bankers to use monetary policy to stimulate economic growth. Since then we have seen a range of once outlandish tools [...]
There’s €1.1 trillion locked up in companies worldwide August 18, 2016 Businesses could pad out their cash position if they could unlock some of their easier to access assets, research out today has found. In a study of more than 13,000 businesses, PwC discovered companies across the world have €1.1 trillion (£950bn) in working capital, such as unpaid invoices and unsold inventory, which could potentially be better used. [...]
2016 Olympic medal tally: Academics beat Goldman Sachs to Team GB medal prediction gold medal August 22, 2016 Ahead of this year’s Olympics an assortment of economists, academics, statisticians and pundits used the Games as an opportunity to flex their forecasting muscle by publicly predicting the final medal table. From economic power to historical sporting stats, the various models crunched the numbers to project how the final medal table would appear. An analysis [...]
Businesses have reacted horribly to Amber Rudd’s visa crackdown October 4, 2016 Businesses have hit out at the government’s new plans to tighten visa rules for workers who come to the UK from outside the EU. Home secretary Amber Rudd told the Conservative Party Conference earlier today she is considering making it harder for UK businesses to recruit from overseas by introducing a new rigorous test to [...]
Young people want to learn more skills: Employers must do more to help them December 1, 2016 The newest generation of working professionals in the UK has a lot to worry about. Consider the increased competition for jobs. In October, Virgin Trains received over 15,000 applications for just 78 roles. Once young people get onto the careers ladder, they are faced with a new challenge of keeping up with rapidly changing technology [...]
Big Four rival? No, we’re old friends, insists ex-Deloitte boss as he launches Cogital – a new firm with big ambitions October 24, 2016 In August there was plenty of noise around the announcement that the former boss of accounting giant Deloitte, John Connolly, was starting a new bean-counting business, Cogital. The question was whether the project, which was innovatively backed by private equity house HgCapital, was the latest attempt to break the stranglehold of the Big Four? If anyone might be able to do it, then [...]
London backed to retain world-beating status as city for opportunity after Brexit September 7, 2016 London has retained its status as the world’s greatest city for opportunity, and will hold on to the top spot if it seizes the chances presented by Brexit, according to an in-depth study published this morning. For the second year running, London beat the likes of New York, Beijing, Singapore and Tokyo, to top a global [...]
Alibaba smashes record sales on Singles Day November 11, 2016 E-commerce giant Alibaba has topped its sales record for its annual Singles Day savings event in China. The biggest retail event in the world totted up $1bn worth of sales in the first five minutes, the retailer claimed, and by 20 hours in had reached $15bn (£12bn) as people snapped up bargains in its annual sale. Total [...]