Just starting out in the City? Here’s how to be noticed October 5, 2014 Dress smartly, finish your work, build your network, and you’ll be fine. As graduate schemes open their doors for a new generation of employees, the City is now flooded with fresh-faced grads, all eager to impress. But how to stand out? A few simple steps can go a long way to getting you noticed. [...]
Ukip-onomics: Slash aid, scrap HS2, raise taxes – Patrick O’Flynn discusses the credible manifesto December 7, 2014 Nigel Farage has spent years moulding Ukip into the perfect political anti-party. Bon-bons, beer and union flag bunting are in; political-correctness, strict party-lines and untouchable budgets are firmly out. But for how long? The anti-establishment teenager has grown into a young adult. At 21, the party is beginning to be taken seriously, having graduated to [...]
Aviva weathers pensions storm as bulk annuity sales rocket up August 8, 2014 Aviva was one of the top risers on the FTSE 100 yesterday, following publication of its half-year results. Its shares rose almost three per cent after reporting that operating profit for the half-year period was up four per cent to £1.05bn. The strong results prove Aviva is weathering the storm created by chancellor George Osborne [...]
Japan pension fund rumours boost markets August 8, 2014 JAPANESE stocks swelled yesterday on reports that the country’s colossal public pension fund was now preparing to make a significant move into domestic equities. The Nikkei, which had dropped during the day, jumped upward around an hour before the end of trading, finishing at 15,232.27, a rise of 0.48 per cent. The Topix index, which [...]
Forget pensions: We need radical Isa reform to really tackle the UK savings crisis August 4, 2014 The UK’s pensions crisis is no longer looming. It’s here. We are dangerously over-heating, and millions of British households, who are simply not saving enough for later life, face a bleak financial future – unless there is swift, radical action. UK adults need and deserve a solid framework that will help them save and plan [...]
Save money when buying overseas October 31, 2014 Whether it’s a villa in the sun-kissed Côte d'Azur, a chalet in the Alps or a pied-à-terre in Paris, France has long been a favourite destination for second home owners. And that desire shows no sign of abating, as trends in the French capital are showing: “In Paris, foreign buyers are now accounting for nearly [...]
Outlook for new year rises up to 46-month peak December 15, 2013 HOUSEHOLDS are more positive about the financial outlook now than at any point since January 2010, after two quarters of robust economic growth. Respondents to Markit’s November household finance index also report the strongest level of workplace activity since the survey started in early 2009. The figures also reveal more muted expectations for inflation. On [...]
Saxo boss Lars Seier Christensen opens Pandora’s box with jewellery startup investment August 12, 2014 Saxo Bank’s chief exec Lars Seier Christensen has got chins wagging in the Danish press. The banking boss has made a personal investment into jewellery startup Endless Jewelry – a company run by well-known Danish entrepreneur Jesper Nielsen. Nielsen made his name as a reseller of jewellery brand Pandora. He sold his Pandora distributorship for [...]
Rate hike fear drives up cost of mortgages January 30, 2014 BANKS are already starting to hike the rates on five-year fixed mortgages, new data has revealed, following hints from Bank of England governor Mark Carney that rates will rise in the coming years. Figures seen by City A.M. show the five-year swap rate, used to calculate the loans, hit 1.7 per cent this month, up [...]
Russia, Tesco and Alex Salmond feature in the seven biggest losers of 2014 December 17, 2014 It’s Christmas. The time of year when we’re all supposed to be a little more caring, charitable and considerate of those not feeling so swell. But for every champagne toast to success, there is regret at the bottom of a bottle. So summon some of that Christmas spirit for this sorry lot, the seven [...]