After the FTSE 100’s 37 per cent return, should I still invest? February 3, 2017 The rise in the FTSE 100 since a low last February has been remarkable. The index was up 33% between 11 February 2016 and mid-January 2017. Including dividends, the index returned 37%. The index also recorded a fresh all time high during that period, reaching 7,337.81 on 13 January 2017. Stocks in certain sectors [...]
Don’t lament the sale of homegrown businesses – they are a sign of success for Britain’s burgeoning tech sector November 25, 2016 In business, a good exit is a good exit – regardless of whether the sale is to a foreign company. The acquisition of one of the UK’s tech unicorns by China’s Ctrip is another win for the country’s technology industry and the latest signal that investing in UK tech pays off. It’s also a much needed [...]
After the FTSE 100’s 37% return, should I still invest? February 3, 2017 The rise in the FTSE 100 since a low last February has been remarkable. The index was up 33% between 11 February 2016 and mid-January 2017. Including dividends, the index returned 37%. The index also recorded a fresh all time high during that period, reaching 7,337.81 on 13 January 2017. Stocks in certain sectors led [...]
Hammond vows to fight back against bad Brexit deal as he plots vision for Britain’s high-tech future March 6, 2017 Ahead of his first full Budget, chancellor Philip Hammond has vowed the government would fight back against a Brexit deal that doesn't deliver for Britain, insisting the country will not be left licking its wounds after negotiations. Hammond warned the European Union of the UK's "fighting spirit" and said the country will not "slink off as [...]
Big Oil is sleepwalking into crisis by underestimating the electric car revolution February 15, 2017 The “disruptive” label is overused. However, the unexpected pace of advancement in clean technology over the past decade has taken many established utility companies by surprise. And despite recent, largely reassuring results from the oil sector, Europe’s utilities provide a potentially prophetic glimpse into its future. In the German city of Hamm, the Westfalen D [...]
UK boosts position as largest investor in India as the government looks to step up trade deals outside Europe February 22, 2017 The UK boosted its position as the largest foreign investor in India among the G20 group of the richest nations, according to a new report, as the government looks to boost trade ties with the largest Commonwealth nation. Investment increased by $1.87bn (£1.5bn) over the course of 2016, according to a report by the Confederation of [...]
London can become home of the ‘decacorn’ – and create its very own Apple, Google or Facebook October 17, 2016 If 2015 was the year of the unicorn, 2016 has been the year of the decacorn. Supercell, a Finnish game developer, earlier this year became Europe’s first ever $10bn (£8.2bn) technology company. Even a few years ago, commentators did not believe the European technology sector could achieve this milestone. Now, it is evident that London [...]
Leading City group adds to growing calls for bespoke Brexit deal January 23, 2017 A City-centric group has today added to the calls on the government to seek out a bespoke deal for access to the EU post-Brexit. The International Regulatory Strategy Group (IRSG), which is co-sponsored by TheCityUK and the City of London Corporation and is chaired by former treasury minister Mark Hoban, is urging the government to seek out [...]
Nissan boss fails to commit to the Britain until Brexit details are known throwing firm’s UK future into doubt January 20, 2017 Nissan will only decide the fate of its UK's operations when the terms of Britain's exit from the EU become clear, boss Carlos Ghosn said today at Davos. Last October, Prime Minister Theresa May sparked controversy by providing a "letter of comfort" to Nissan saying that the UK's Brexit strategy would not harm the carmakers export competitiveness. While [...]
The City should welcome apprenticeships to build a higher-skilled economy for all January 30, 2017 The City of London Corporation recently announced its pledge to hire 100 new apprentices. This figure, combined with 17 current positions, will give 117 career-starters a role in the organisation. This echoes Sadiq Khan’s recent calls for more powers to build skills among London’s workforce – and to help keep the capital globally competitive in [...]