UK sleepwalks into cyber crisis May 10, 2016 British businesses are still not doing enough to protect themselves from costly cyber attacks, experts have warned ahead of a major conference on cyber security tomorrow. The Public Policy Exchange is hosting the high-level summit with the aim of ensuring the police, public and private sectors, industry and government might better work together to lower [...]
More proof British business is terrible when it comes to cyber security May 8, 2016 Two thirds of businesses in Britain have been targeted by cyber attacks in the past year while a quarter have experienced a security breach at least once every month, new research reveals. But an astonishing half of firms are still not tackling the issue by identifying the risks they face via audit or risk assessments, once again highlighting how unprepared [...]
Corporate governance standards among UK companies stay high, as regulator says its code will not be substantially amended for the next three years January 14, 2016 The overall quality of corporate governance among UK companies remains high, as the regulator vows not to make any major changes to its code for the next three years. According to a report published today by the Financial Reporting Council (FRC), 90 per cent of FTSE 350 companies are complying with all but one or [...]
Fed chair Janet Yellen interest rate comments send mining shares soaring March 30, 2016 US Federal Reserve chair Janet Yellen's dovish coos over future interest rates rises helped send London-listed miners higher today. Yesterday Yellen said that the Fed will "proceed cautiously" when deciding their policy actions in the coming months. Metal prices are slightly down today, however Yellen's comments weakened the greenback making dollar-priced commodities cheaper for holders of foreign currencies. The [...]
Glencore, Anglo American and Antofagasta share price: FTSE miners continue rally as copper prices pop March 4, 2016 London-listed miners continued to rally today, as copper prices surged towards the biggest weekly gain in four months as investors returned to riskier assets. Bright economic data out of the US, coupled with rising oil and commodity prices have encouraged investors. It was reinforced by hopes for further monetary stimulus from China. On the London Metal [...]
Business is the most accessible high powered professionion with fewer privately educated leaders than politics, law, the civil service and medicine February 24, 2016 It's easier to rise to the pinnacle of your career in business than in any other profession. The top ranks of business are filled by the fewest privately educated people among 10 of the country's most high profile professions. Just over a third of the business elite were educated at private school, compared to more than half of those in politics, law, [...]
Cautious hopes of Hillary Clinton win against Donald Trump lift most stock markets in Asia November 8, 2016 Most Asian stock markets rose today as Americans prepared to head to the polls and investors remained cautiously optimistic that Democratic presidential nominee Hillary Clinton will secure the White House. Modest upswings in Asian shares pushed the MSCI's broadest index of Asia-Pacific-based stock outside of Japan up 0.3 per cent. Hong Kong's Hang Seng rose [...]
Sadiq Khan campaign: FTSE-listed housebuilders pledge to reserve London homes for UK-based buyers February 5, 2018 Some of the UK’s biggest housebuilders have pledged to restrict the sale of London homes to UK-based buyers following a campaign by Sadiq Khan. Taylor Wimpey, Barratt London, Berkeley Homes, Redrow and others have offered to restrict sales of homes worth up to £350,000 to UK-based buyers for three months before embarking on any overseas [...]
Budget 2016: Chancellor George Osborne delivers tax relief to the UK North Sea oil and gas industry March 16, 2016 Chancellor George Osborne today bowed to pressure from the UK's embattled North Sea oil and gas industry, delivering tax relief to help its companies weather the downturn. Scottish politicians, industry body Oil & Gas UK and North Sea oil baron Algy Cluff had all called on the chancellor to address the industry's urgent predicament in the run [...]
Monte dei Paschi shares plunge on government bailout fears as Renzi expected to leave by Thursday December 6, 2016 Shares in Italian bank Monte dei Paschi di Siena fell as much as five per cent as doubts surround the possibility of a private-sector bailout for the struggling bank. Meanwhile, Italy's senate will vote on a budget for 2017 on Wednesday, paving the way for Prime Minister Matteo Renzi to formally step aside by Thursday, [...]