Management consultancies cash in £180m for Brexit planning October 28, 2020 Management consultancies have been awarded more than £180m to deliver Brexit, as the government faces mounting criticism for handing out taxpayer cash to private firms during the pandemic. Documents released yesterday showed the government has signed six Brexit contracts each worth £30m with KPMG, McKinsey, Bain, Deloitte, Accenture and PwC. Ministers said the £180m sum [...]
City Moves for 19 August – Who’s switching jobs at 11:FS, Severfield and Sedgwick? August 19, 2019 Today’s City Moves includes 11:FS, Severfield and Sedgwick. 11:FS 11:FS, the challenger firm that builds digitally-native financial services through technology, product and design expertise, has announced that Michael Curds has joined the firm as head of talent. He brings a wealth of experience in scaling digtally-native business, having most recently led the talent team at [...]
Majority of UK’s tech workforce ‘prepared to leave the UK’, study finds May 29, 2019 Three-quarters of British tech workers would be willing to leave the UK to work abroad, despite London ranking as the world’s best city for tech, according to a new survey. Research by Boston Consulting Group (BCG) and Totaljobs found the majority of employees in the UK’s tech industry were the prepared to relocate, while just [...]
Asset managers celebrated their best performance since 2010 last year – but fees are still being squeezed May 4, 2018 Asset managers may have experienced their best performance since 2010 last year, but they cannot afford to take their eye off the ball according to one advisory firm. Preliminary data from Boston Consulting Group (BCG) shows that global assets under management grew by 14 per cent in 2017, as net new inflows of cash stood [...]
London has been crowned the world’s most popular city for work but the UK as a whole has fallen behind June 25, 2018 London has been crowned the most popular city in the world for work in the biggest ever study of workforce migration trends, but the popularity of the UK as a whole has dropped. In the giant survey of 366,000 overseas workers from nearly 200 countries, the capital beats New York, Berlin and Barcelona as the [...]
De Beers launches blockchain tracking system Tracr for diamonds to avoid conflict zone gems May 10, 2018 Diamond mining company De Beers has started tracking diamonds on the journey from the mine to the retailer using blockchain in an effort to avoid imposters and conflict minerals. De Beers, which is the world’s biggest producer of diamonds, has developed the blockchain software called Tracr in cooperation with five other diamond manufacturers in an [...]
Lack of online experience at major luxury brands undermining growth opportunities March 20, 2017 Lack of senior experience in ecommerce and emerging markets could be holding back profitability at top luxury brands, according to research by executive search firm DHR. The study of the world’s top 50 luxury goods businesses found that just five per cent of board members have experience in ecommerce, and only 16 per cent have [...]
Mining companies must dig deeper to secure returns for spooked investors, according to Boston Consulting Group December 8, 2016 Falling shareholder returns in the mining sector have spooked investors and halved its market value since 2010, according to a report from the Boston Consulting Group (BCG). In an analysis of 55 leading mining companies from 2005 to 2015, 10 of which are in Europe, the median total shareholder return was just five per cent. [...]
Large-cap pharma firms top global ranking of firms creating value October 25, 2016 Big biopharma firms have topped the list of the world’s best firms for creating shareholder value. An annual report from the Boston Consulting Group (BCG) has found three of the top five positions were taken by pharmaceutical groups. US-based Regeneron Pharmaceuticals grabbed the top spot with a total shareholder return (TSR) of 75.3 per cent, more [...]
Banks warned over fintech payment firms September 26, 2016 The world's biggest banks risk losing control of digital payments to small fintech startups and global tech giants, the Boston Consulting Group (BCG) has warned. Banks have been told they have to “maximize security, minimise complexity, and add value beyond pure payments” if they want to survive in transactional banking. The BCG has slammed banks’ poor [...]