UK house prices: What the General Election results mean for the property market June 9, 2017 The result of the General Election, which saw Conservative leader Theresa May lose her majority, has left Britain shocked. But what will it mean for the property market? While some experts think uncertainty may return to the sector, others think the property market will continue to remain strong. Take a look at what experts have [...]
ost expensive Hermes Birkin Bag ever sold and the history of blockbuster handbag sales December 7, 2017 The Birkin Bag is the stuff of legend. Everything from its creation to its construction is surrounded by myth and mystique. It apparently came about because Jane Birkin was sitting next to Hèrmes’s CEO Jean-Louis Dumas on a flight and complained about her inability to find a receptacle big enough to hold all her things. [...]
Sage Group share price dips after $850m deal to acquire US software firm Intacct July 26, 2017 Shares in Sage dipped more than four per cent in morning trading on Wednesday morning after it splashed $850m (£653m) on US financial software company Intacct. The deal is the FTSE 100 firm’s biggest ever acquisition and will be funded via cash and share options. “The acquisition of Intacct supports our ambitions for accelerating growth [...]
Let’s make London the green finance capital of the world November 15, 2017 The prospect of Brexit threatens to cause serious damage to the UK’s financial services industry. Paris, Frankfurt, Dublin and even Luxembourg are circling like hungry jackals waiting to pick off the weakest members of the herd. London will need to develop a distinctive and competitive offer to investors. I believe we can find it, in [...]
For the next generation of astronauts to shoot for the moon, a STEM education is vital | City A.M. August 29, 2017 The United Kingdom is a nation of explorers. Captain James Cook, David Livingstone and Captain Robert Scott sailed and trekked the world to discover new frontiers. These voyagers mapped the world for the explorers of the future. Fast forward to the twenty-first century, Tim Peake, became Britain’s first astronaut to blast-off into the stratosphere to [...]
Next global crash could come “with a vengeance”, central bankers at the Bank for International Settlements have warned, citing debt fears in China and other emerging markets June 26, 2017 Risks building up in China and other emerging markets could trigger the next global financial crash, an influential group of central bankers has warned. China and other developing economies such as Thailand are beginning to show the same signs of tensions seen in the US and UK before the global financial crisis of 2007-08, according [...]
Six market charts that matter: Italy’s problems, Greek bonds, the Vix spike March 2, 2018 Each month, the investment writing team at Schroders highlight the most significant charts to cross their desk. Italian election: the country's most pressing business problems Elections (not to mention referendums) have been a major source of market uncertainty and volatility in recent times. The latest comes this weekend in arguably the most important election in [...]
One in six London workers are EU nationals as employers warily eye immigration restrictions June 29, 2017 More than one in every six workers in London are EU nationals, according to new research which underlines the vulnerability of the capital to restrictions on immigration after Brexit. Some 17 per cent of the London labour force come from the EU, by far the highest proportion among the British regions, according to the Recruitment [...]
Solar, bitcoin, tech, Tesla and tea: seven important investment charts from August September 5, 2017 Each month, writers at Schroders pull together the most intriguing charts of the month. Solar production eclipsed (briefly) The US came to a standstill on 21 August as people looked skyward to witness a remarkable solar eclipse. But as the moon blocked the sun it also temporarily blocked solar energy production. California aims to generate [...]
UK private equity giant 3i sells stake in Barcelona-based funeral services company Memora | City A.M. July 18, 2017 UK private equity giant 3i Group has sold its stake in a Barcelona-based funeral services company. Memora, the biggest player in the Iberian market, has been snapped up by Canada’s Ontario Teachers’ Pension Plan. FTSE 100-listed 3i first invested in Memora, which has 115 parlours, 24 crematoriums, 13 cemeteries and 91 retail outlets, in 2008. [...]