Ashmore Group said Donald Trump’s election impacted business as investors backed away from emerging markets January 16, 2017 Asset manager Ashmore Group today said the US election hit outflows despite a strong performance in its quarterly trading update. The figures Assets under management (AUM) are set to fall $2.4bn (£2bn) for the second quarter, ending 31 December, due to negative investment performance of $1.7bn and net outflows of $700m. The FTSE 250-listed business said overlay and blended [...]
UK firms warned trade with more than 40 non-EU locations will be disrupted post-Brexit, as current trade deals depend on EU membership February 13, 2017 UK firms are today being warned they might want to look further afield than the EU for areas where trade could be interrupted. The UK's current trade arrangements with over 40 locations, including South Korea, Switzerland and Mexico, are in place because of the country's EU membership, warns a report by law firm Clifford Chance and the Confederation of [...]
Embrace simple taxes and openness to trade to make a long-term success of Brexit January 30, 2017 At her Lancaster House speech this month, Theresa May was good to her word. She set out her 12-point negotiating position for leaving the EU and it was explicit that Brexit does, in fact, mean Brexit. The lady is clearly not for turning. And if the Lancaster House speech was about withdrawing from the current [...]
As the UK ambassador to the EU warns that a Brexit agreement could take a decade to reach, do we need a transitional deal? December 16, 2016 Iain Anderson, co-founder and executive chairman at Cicero Group, says Yes. When was the last time you jumped off a cliff? Never. Sounds like a very sound plan to me. As the UK looks to form new trading relationships with the EU and globally, it is vital that we don’t walk any economic plank. And [...]
Russian “Methbots” show we need to ditch our digital advertising addiction January 3, 2017 The advertising industry had a serious problem in 2016. In recent years, the rise of digital advertising has gone from a new and welcome thrill for marketers, to a full-on addiction that has left brands robbed of money, and the reality of what has been going on behind their backs. It was only a matter [...]
What went on? UK Power Networks apologises for West End blackout chaos November 26, 2016 Londoners were left puzzled yesterday evening as underground carriages wound their way beneath the streets of the West End, while above ground was plunged into darkness. Theatregoers were left disappointed and shoppers concerned that they'd missed out on Black Friday bargains from around 5.15pm on Friday. Read more: In pictures: Blackout on Black Friday – huge [...]
Shut your mouth! Noisy eaters are costing the nation’s economy November 28, 2016 Time is money, as they say, and it turns out office annoyances are costing us hours of wasted time… won't someone think of the lost productivity? To put a number on it, research by Samsung suggests 5.5 hours of our working week go on griping, such as complaining over crashing computers and even colleagues who eat too loudly. Where [...]
11 risks that keep Snapchat bosses awake at night February 3, 2017 Snapchat's hotly-anticipated IPO, which it filed for last night, has lifted the lid on the inner workings of the rather mysterious company. Not least the fact it believes it could be worth a stonking $25bn… As with any IPO, its Securities and Exchange Commission filing includes a hefty list of risks investors should take into account before buying [...]
Britain’s services trade can flourish outside the EU Single Market December 15, 2016 Negotiating sensible agreements on services trade with the EU, WTO and third countries may not be as difficult as many are suggesting. There are a number of options negotiators can pursue which would go beyond the existing arrangements and further liberalise services trade to Britain’s economic advantage. First, the issue of “passporting” will need to be [...]
Debrett’s Ask the Expert: How can I get over my fear of networking? October 17, 2016 Q: My role calls for client entertainment – usually dinners with existing clients – but I find I’m more frequently asked to attend networking events on behalf of the firm for new client acquisition. I’m fine speaking to people I know, but these “mix-and-mingle” events make me feel awkward and overly salesy. What can I [...]