How betting markets could solve the problem of inaccurate Bank forecasts August 27, 2013 IN HIS first major speech since becoming governor of the Bank of England, Mark Carney is today likely to defend a policy that has come to be described as the “Carney rule”. Also known as forward guidance, the rule effectively promises that interest rates will stay at present levels until unemployment drops below 7 per [...]
Will a merger between Penguin and Random House better place the firm to tackle Amazon? October 29, 2012 YES Lizzie Carr The merger of Penguin and Random House is ultimately about the survival of the fittest. Publishing is going through revolutionary changes, and this merger shows just how much some brands will need to adapt to survive in today’s marketplace. Given the size of the two companies, there are some obvious cost-savings the [...]
Will a merger between Penguin and Random House better place the firm to tackle Amazon? October 29, 2012 YES Lizzie Carr The merger of Penguin and Random House is ultimately about the survival of the fittest. Publishing is going through revolutionary changes, and this merger shows just how much some brands will need to adapt to survive in today’s marketplace. Given the size of the two companies, there are some obvious cost-savings the [...]
England fans prepare for the pilgrimage to football’s real home October 20, 2013 There is only one place to holiday next summer. Jemima Sissons checks out Brazil’s top tourist spots on the road to the World Cup SO WE got there. England will be travelling to the World Cup, meaning thousands of us will be off to South America’s biggest country to watch our nation crash out in [...]
10 things every football fan needs to know about… BRAZIL October 20, 2013 Now we know the England team are going to be there in 2014, Emily Dicicco presents her top travel tips 1. Tickets – how and when shall I book?Tickets are available on FIFA.com and will be sold in three phases. The first two phases consist of both a random draw period and a first-come-first-served (FCFS) [...]
The year in preview: Our in-depth guide January 5, 2014 City A.M.’s journalists take a wide-ranging look at what 2014 has in store for the world of finance and business BANKINGRestoring faith means costly overhaulsA CAUTIOUS optimism pervades the British and European banking system at the start of 2014. The incoming economic recovery is at last improving customers’ creditworthiness, while the hard work running down [...]
The ladder of innovation means ever more low-hanging fruit July 31, 2013 HARDNOSED business sense can improve charitable outcomes. That should be obvious enough, but it is a story that doesn’t always get the attention it deserves. How cheering then to read this week of the difference Toyota made to the efficiency of New York’s food banks by sharing its commitment to kaizen, or continuous improvement. By [...]
The Long View: JK Rowling’s pseudonymous success is a triumph for democratic publishing July 18, 2013 I DON’T know why I’m bothering to write this. It’s not like Marc Sidwell is a pseudonym for JK Rowling. Few will have missed the recent overnight journey of Rowling’s pseudonymous crime book The Cuckoo’s Calling from bargain bin to the top of the bestseller lists once she was revealed as the author. Apparently not [...]
Former Amazon UK head set to take Asos chair October 1, 2012 ONLINE fashion retailer Asos revealed yesterday it has hired the former managing director of Amazon UK to be its new chairman, replacing Waheed Alli, who will step down after 12 years with the firm. Brian McBride, who spent six years at the helm of Amazon’s UK business, will succeed Lord Alli at the beginning of [...]
The startup spicing up Britain’s wealth management industry September 8, 2013 Annabel Palmer meets Nick Hungerford, who switched the Valley for Vauxhall to found the online investment management firm Nutmeg THE British public has long been accustomed to depositing their earnings in a bank account, or investing through an established stockbroker. But Nick Hungerford wants to disrupt the centuries-old wealth management industry, in precisely the same [...]