City Moves for 17 August 2016 | Who’s switching jobs August 17, 2016 Allianz Global Corporate & Specialty Allianz Global Corporate & Specialty (AGCS) has appointed Stewart Eaton as head of product recall for regional unit London. As an experienced product recall underwriter, he joins AGCS’ crisis management team to manage the product recall book. He will report to Tim Galloway, AGCS regional head of liability. Eaton joins from Castel [...]
Byron’s bugbear: Two branches besieged by insects released by protesters July 31, 2016 Byron Hamburgers was blighted by a biblical-style plague from protesters this weekend as cockroaches, crickets and locusts were released into two central London branches of the posh burger chain. Protesters from London Black Revs and the Malcolm X Movement released thousands of insects into the Central St Giles and Holborn branches on Friday evening, following widespread reports [...]
Here are three very tiny gadgets small enough to potentially one day accidentally swallow November 4, 2016 Skeye Nano 2 FPV Drone £109, trndlabs.com Selfie-sticks are terrible inventions, requiring you to balance your precious phone on the end of a rickety old bit of rod while you and your friends desperately huddle together like animals. It’s an inelegant solution, which is why TRNDlabs created the world’s first selfie drone, a tiny orange [...]
Georgie Hermitage shrugs off pressure and expectation to land her second gold of Paralympic Games September 13, 2016 Great Britain’s Georgie Hermitage insists winning her second gold medal of the Paralympic Games was all the more satisfying given the expectation heaped upon her shoulders before Tuesday's T37 400m final. The 27-year-old, who has cerebral palsy, made light work of the stifling Rio heat to storm home in a world record time of 1.00.43, [...]
Investment trust winners of 2016 December 29, 2016 Investment trusts focused on Asia are on course to deliver some of the best returns in 2016, according to data for trust sectors. Investment trusts are an alternative to more commonly held open-ended funds or unit trusts, offering some advantages. This is explained here: investment trust v open-ended funds Here, we look at the performance [...]
Editor’s notes: Brexit debate has given us some tragic and hilarious voices January 20, 2017 Plenty of column inches are devoted to hard economic and policy analysis of the unfolding Brexit debate – including plenty in this paper. So today I’m going to indulge in a more light-hearted approach to the topic, and will instead take a look at the people who entertain me the most in these bold new times. [...]
Lifetime Isa: The making of a monster November 22, 2016 While the original intentions behind the design of the Lifetime Isa in 2014 were understandable, as its launch date nears, it is set to confuse the savings landscape and go against what it was initially crafted for. In his proposal, Michael Johnson said he created the Lisa because “under-35s are so disengaged from private pensions”. He [...]
The influential Treasury Committee has launched a stinging attack on a probe into competition in retail banking November 2, 2016 An influential group of MPs has lashed out at a light-touch report into high street banking, days before the City watchdog publishes its verdict on the sector. Treasury Select Committee chair Andrew Tyrie said the failure of the Competition and Markets Authority to propose dramatic reform smacked of “complacency”, while Labour MP Rachel Reeves said the [...]
Why Tesco could be better off leaving Booker on the shelf February 1, 2017 The stock market’s initial reaction to takeover deals can often be a poor indicator of how those deals work out. Just look at the market’s sceptical response to Sainsbury’s purchase of Argos owner Home Retail Group as a recent example. Now we have another unexpected deal in the supermarket sector with Tesco bidding to take [...]
Watch: Tesla’s self-driving cars revealed in video shared by Elon Musk October 20, 2016 All Tesla cars will have the capacity to drive themselves, company boss Elon Musk has revealed in a highly anticipated announcement which the entrepreneur had teased in tweets. All models, including the Model 3 and and Model X, will now be fitted with hardware that will make it possible to drive without human control. However, that [...]