City Moves: Who’s switching jobs in the Square Mile this week? September 1, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Pictet Wealth Management poaches Goldman Sachs veteran as new CEO Pictet Wealth Management has appointed a Goldman Sachs veteran as its new CEO, following the departure of its long-standing lead Heinrich Adami. Joining next week, Robert [...]
Could technology trigger a lasting boost to productivity? August 6, 2021 Two years ago, we identified a series of inescapable investment “truths” that we expected would shape the following decade. Among these truths, we highlighted the accelerated adoption of technology and increased populism as two disruptive trends to watch. But have these two trends been strengthened or challenged by the pandemic? Growth outlook stronger as economies adapt Despite [...]
Why innovative companies are crucial to solving the world’s problems January 12, 2022 It’s hardly news to say the world is facing numerous urgent challenges. The experience of the global pandemic highlighted how vulnerable we all are to transmissible illnesses. The effects of climate change became more obvious than ever this year, from wildfires in Canada to floods in Germany. Toxic emissions and weather patterns combined this autumn [...]
What does COP26 mean for climate change investors – and what next? November 17, 2021 The outcome of COP26 came as a disappointment to some, given how critical climate issues are and the urgency of action within the coming decade. Overall, we don’t see COP26 as being particularly game-changing from an investment point of view. That said, there were positives to take from the conference too. Reasons to be positive [...]
The future of tax in the UK, an expert view January 18, 2022 This article first appeared in ICAS’ CA magazine. Young businesses have the potential to drive post-pandemic recovery – but is the UK’s ageing tax system a help or a hindrance to entrepreneurs? Fraser Allen asks four experts to share their thoughts Earlier this year, the Institute for Fiscal Studies published a blunt assessment of the way [...]
Is bling out? What Chinese “common prosperity” means for luxury goods October 8, 2021 Evergrande Group will not have helped to calm the nerves of investors in European luxury goods companies. They’ve viewed recent developments in China with some trepidation. The difficulties facing the country’s second largest property developer (by sales) add to a checklist of concerns. These concerns include a slowdown in economic activity (for background, see: China: what [...]
Germany after Merkel: what’s next? October 6, 2021 The Anglela Merkel era is drawing to a close in German politics. 16 years as chancellor has brought stability and steady growth, but her departure now leaves a void that her Christian Democratic union (CDU) party has struggled to fill. This weekend’s election is likely to be one of the most open contests in decades. [...]
City of London businesses have received average of £8 each from new Covid grants November 17, 2020 Businesses in the City of London have received an average of just £8.09 from the government’s latest £1.3bn Covid grant programme. Figures released by the Department for Business, Energy and Industrial Strategy (Beis) showed that businesses in the local authority received the smallest proportion of the grant money released in November, with its 24,020 businesses [...]
London Assembly makes way for police watchdog on Boris Johnson and Jennifer Arcuri inquiry October 16, 2019 Two Greater London Authority inquiries into conflict of interest claims against Boris Johnson have been put on hold after fears it could prejudice a police watchdog investigation. The London Assembly’s Oversight Committee has been investigating Johnson’s links to American businesswoman Jennifer Arcuri while he was mayor. Read more: Boris Johnson stays mum on Arcuri conflict [...]
Covid-19: Government warns against travel to or from Indian variant hotspot Hounslow May 25, 2021 Covid-19: Government warns against travel to or from Indian variant hotspot Hounslow