Win-win: Breaking down barriers for young people – Investec Comment November 22, 2015 It is a priority for all businesses to access talented employees from a range of backgrounds, to harness a broad set of skills and experiences. Yet many exceptional young people face barriers to accessing professional jobs – some obvious, many more subtle – that put them off such a career as an option or take [...]
City Moves for 30 October 2015 | Who’s switching jobs October 29, 2015 MITSUBISHI UFJ FINANCIAL GROUP The bank has announced two appointments to its corporate banking team in Europe, the Middle East and Africa. Ian Wootton joins as managing director, healthcare. For the last year, he was an independent adviser for Park Road Advisory and was also formerly a partner at PwC. Richard Price (pictured) joins as [...]
David Cameron’s speech: Business should get behind the PM’s fight for real opportunity October 7, 2015 Politics has been full of surprises this year. The surprise re-election of the Conservative Party with an outright majority in May was followed by Jeremy Corbyn’s surprisingly decisive victory in the Labour leadership vote. And yesterday the Prime Minister showed that he too retains the capacity for the unexpected. A heavy focus on national [...]
Heineken takes a swig of craft brewer Lagunitas September 8, 2015 Dutch brewer Heineken said today that it's bought a 50 per cent stake in US-based craft brewer Lagunitas. The company hopes that the deal will help grow its presence in the expanding craft beer category. Lagunitas, the fifth largest craft brewer in the US by volume, owns brands such the popular India pale ale Lagunitas IPA and [...]
UK landlords hold onto property for longer: Average time to sell a rental home rises to 17 years August 23, 2015 Landlords are holding on to properties for longer than they were before the last recession, with the average time between a landlord buying and selling a property rising by five years since 2007, according to lettings giant Countrywide. The company, which runs 1,300 branches under 48 brands including Hamptons International, said that as well [...]
LLoyds share price rises after chancellor George Osborne announced government sold more Lloyds shares, reducing holding to 12 per cent September 25, 2015 Chancellor George Osborne has announced the government has sold another one per cent of its shareholding in Lloyds Banking Group, taking its total shareholding to less than 12 per cent. Lloyds' share price rose 1.3 per cent in early morning trading on the news. The sale programme started last December, and has raised £15bn so [...]
McColl’s sales boosted by new store launches September 4, 2015 NEWSAGENTS and convenience store group McColl’s said total sales rose by three per cent in the third quarter as it expanded its footprint, despite suffering a drop in sales at stores open more than a year. The London-listed company, which made its market debut last year, said like-for-like sales dropped by 2.3 per cent in [...]
Budget blunders come back to haunt chancellor George Osborne October 22, 2015 On 25 November, chancellor George Osborne will stand up in the Commons and deliver what is, in effect, his fourth budget of the past 12 months. In under a year, the Treasury will have published an Autumn Statement (December 2014), a Budget (March 2015), another Budget (July 2015), and now a bumper combination of a [...]
UK property: Britain’s struggling pub trade is yielding opportunities for supermarkets and residential developers August 25, 2015 The Grotto Inn on the top of Monument Hill in Weybridge was a thriving pub before falling on hard times three years ago. It was forced to call last orders after succumbing to competition from nearby bars and pubs and has lain empty since – its windows boarded up and beer taps gathering dust. [...]
Boff: Rent caps will cut housing supply by 50k September 16, 2015 A CONSERVATIVE City Hall hopeful has attacked Labour proposals for rent controls, saying such market interventions would reduce rental revenues and ultimately cut into the capital’s housing supply. Sadiq Khan – who was picked as the Labour party’s candidate for mayor of London last week – has pledged to “push the government to give the [...]