Threadneedle Asset Management fined £6m by City watchdog Financial Conduct Authority over fraud near-miss December 15, 2015 Threadneedle Asset Management has been fined more than £6m after the company narrowly avoided being made a victim of fraud by a member of staff. The City watchdog said the company did not have sufficient controls in place, which left it vulnerable to an attempted $150m (£98m) fraud carried out by Vladimir Gersamia, a fund manager on [...]
That bizarre Robert Dyas Christmas ad: What were they thinking? December 14, 2015 As we inch ever closer to Christmas Day, it seemed for a moment that the snow may have settled on this year’s seasonal advertising dust-up. However, Robert Dyas’ new festive spot just dropped, proving that it’s never too late to be the centre of attention – though not necessarily for the right reasons. Roundly ridiculed [...]
City Moves for 11 December 2015 | Who’s switching jobs December 10, 2015 KEMP LITTLE LLP Vicky Cooper has been appointed by Kemp Little LLP as a partner in the technology and digital media law firm’s IP & technology disputes group. Vicky will work closely with the firm’s commercial technology team, bolstering Kemp Little’s IT dispute resolution capability. Vicky specialises in helping both suppliers and customers in the [...]
Lloyds share price rises after it wins ECN bonds case in appeals court December 10, 2015 Lloyds shares rose today, after a court of appeal sided with the bank over its request to buy back special high-interest bonds, which were issued during the height of the financial crisis. Lloyds sold the enhanced capital notes (ECNs) to retail investors shortly after it was bailed out by the government in 2009, boosting its capital buffer. The [...]
Big Tobacco firms Philip Morris, British American Tobacco and Imperial Tobacco take up arms against UK government’s plain packaging legislation December 9, 2015 Major tobacco firms are taking up arms against the UK government’s bid to remove all branding from cigarette packages in a landmark hearing opening in London tomorrow that’s set to have a domino effect across the world. Philip Morris, British American Tobacco, Imperial Tobacco and Japan Tobacco International are suing the British government for infringing their [...]
Police search Green Park Tube after reports of man with a knife days after Leytonstone attack December 8, 2015 Armed police officers were deployed to Green Park Tube station this afternoon, after receiving reports that there was a man with a knife in the area. British Transport Police carried out a thorough search of the station and surrounding location, but said there was "no trace of anyone carrying any form of knife of other weapon". [...]
David Cameron’s EU renegotiation has been exposed as the fudge it is December 7, 2015 The Prime Minister’s strategy of convincing the British public to stay in the European Union because he will deliver fundamental reform to our relationship can now be seen for what it is, a worthless EU fudge. In November, David Cameron wrote a letter to European Council president Donald Tusk, setting out the four objectives that [...]
The new influence: The&Collective founder Jenny Halpern Prince on why vlogs matter December 6, 2015 Video bloggers, or “social influencers” are fast becoming the BFF of marketers looking to court younger consumers. Brand advocacy is widely agreed to be more powerful than brand awareness, and social influencers with thousands of followers allow brands to engage with highly social audiences, unlike more traditional paid media. Last week, Jenny Halpern Prince, [...]
Big tobacco to fight in court against plain packaging December 6, 2015 Some of the world's biggest tobacco firms are going to court with the UK this week in a row over the introduction of plain packaging for cigarettes. British American Tobacco (BAT), Imperial Tobacco, Philip Morris International and Japan Tobacco International have teamed up in the High Court to argue the plan to ban branding on [...]
Winners of the year 2015: Uber, Lidl and Tony Pidgley and other success stories December 6, 2015 In 2015 the UK's economy continued to steadily grow and employment reached new highs – it was a good year for business. There will be plenty of champagne corks popping and glasses clinking this Christmas period, and no one has more reason to do so this year than these companies and personalities. Read more: The seven [...]