Money supply growth suggests we’re still too pessimistic about the British economy November 2, 2016 The latest broad money supply M4x figures from the Bank of England (up to the end of September this year) paint a picture of an economy getting stronger, not weaker. To understand why, we need a short digression into economic theory. Broad money supply growth provides an insight into the outlook for nominal GDP growth [...]
Former Barclays boss says technology is the key to scandal-free banking November 6, 2016 A former Barclays boss has said banking scandals could be slashed if there were less people across the sector and more computers. Antony Jenkins, who was suddenly let go from his group chief executive role at Barclays last year, has previously spoken about the "Uber" moment the industry is undergoing, and launched his own fintech venture, [...]
Losing weight means a new diet plan, whether you like it not. Here’s how to find the best diet for you May 23, 2017 Although hitting the gym isn’t for everyone, nutrition is something we literally can’t avoid. But there’s a problem: everybody thinks they are a nutritionist these days, meaning it can be very hard to determine fact from fiction. Does the latest health fad really work, or is it just another urban wives’ tale? Over the [...]
How to avoid Uber surge pricing in London on New Year’s Eve 2016: Avoid these peak times or use UberPool December 31, 2016 New Year's Eve may be the night we pop open the bubbles and welcome a brand new year with our nearest and dearest, but there's one thing that you can guarantee will be the same as every other year – the demand for taxis. Thanks to ride-hailing apps, getting home on a busy night is a [...]
Businesses can benefit from the differing skills and traits of an intergenerational workforce November 10, 2016 For the first time ever there will soon be five generations in the workplace. As life spans and the retirement age rise, the challenges that this brings are potentially huge. Savvy employers are aware of, and dealing with, the potential problems, but also finding ways of bringing generations together for the benefit of their business. [...]
The most gripping private equity tale of 2017? Japanese tyre firm agrees £215m takeover deal for British counterpart January 5, 2017 A Japanese tyre company has agreed a £215m takeover deal for a UK counterpart. Private equity firm Graphite Capital today announced the sale of Micheldever Tyre Services (MTS) to Sumitomo Rubber Industries (SRI), Japan’s sixth largest tyre manufacturer. Graphite said the sale represents a 3.7 times return on its individual investment. The private equity house originally backed [...]
Oracle chief executive Safra Catz to take lead role in Donald Trump’s transition team December 15, 2016 US President-elect Donald Trump has added another business executive to his circle of advisers, with Oracle chief executive Safra Catz joining the executive committee of his transition team. Catz will remain at the California-based software giant, according to Reuters. She had been present at a meeting of technology business leaders earlier in the week at [...]
Uber has agreed a $20m deal with the US Federal Trade Commission to settle claims of driver deception January 20, 2017 Uber has agreed to pay $20m (£16m) to settle allegations it duped people into driving for its ride-hailing app with false promises regarding how much they'd earn. According to a lawsuit brought by the US Federal Trade Commission (FTC), the company made exaggerated claims about how much drivers could earn and how affordable its vehicle [...]
The real business rates scandal is that the government is abolishing accuracy March 3, 2017 How much income tax should you pay? The question is not about the tax rate but the accuracy of the amount. Should HMRC take from you a sum which, plus or minus a margin of error, reflects your earnings, investments and reliefs? Or should your contribution be an accurate assessment? Why settle for anything less [...]
Here’s how much less millennial men are earning February 9, 2017 Were you born after 1980? Are you a man? You're probably earning less than previous generations were at the same age. Millennial men have earned less than generation X (those born before 1980) every single year of their 20s, new figures reveal. And by the time they reach 30, the cumulative loss in earnings compared to the [...]