Pinewood Studios’ share price jumps on profit increase and sale consideration February 10, 2016 Pinewood, the iconic studio behind the recent James Bond and Star Wars films has sent the company’s share price soaring after announcing it could put itself up for sale to "maximise value" for shareholders. Shares are up by almost 20 per cent in mid morning trading. Pinewood has appointed investment bank Rothschild to look into [...]
How artificial intelligence, peer-to-peer technology and blockchain are changing the insurance industry forever July 14, 2016 Just as fintech is transforming the banking world, “insurtech” has set its sights on the insurance industry. There are firms like Trov, which provides insurance on-demand and enables consumers to catalogue insured belongings. Buzzmove uses home removals data to create a new distribution model for insurance – people are more likely to renew or buy [...]
Family debt jumped 42 per cent to more than £13,500 in six months January 13, 2016 With growth in the economy looking shaky, it seems the amount people are borrowing has increased: new figures showed family household debt rose a whopping 42 per cent to £13,520 in the final six months of last year. The figure, which excludes mortgages, is up from £9,520 in summer 2015, and £9,050 last winter. It's also [...]
Could you be unwittingly involved in the Panama tax-avoidance scandal? April 8, 2016 What do you, David Cameron and Vladimir Putin have in common? Panama. Don’t wait for another punchline, it’s not a joke. Although the world’s great and not-so-good have been caught up in the sensational "Panama Papers" revelations, the latest twists and turns have revealed an even more intriguing side to the life of offshore finance – [...]
UK adults expecting a big windfall from inheritance are set to be sorely disappointed, with one in ten mistakenly believing that the payout they predict will fund their retirement February 3, 2016 UK adults are routinely overestimating how much they stand to inherit, while also shunning valuable discussions about financial planning with older relatives. According to figures shown exclusively to City A.M. by VouchedFor, people expect to receive an average of £127,454 from inheritances, and one in ten believe that they are set to receive an inheritance [...]
Insurers to announce Indian investment plans during Narendra Modi’s UK Visit November 9, 2015 A number of insurers will announce this week that they are planning to pour money into Indian investments. The announcement will coincide with Indian Prime Minister Narendra Modi’s visit to the UK. Aviva, Bupa, Lloyd’s of London, Standard Life and Willis will confirm collect plans to put money into Indian joint ventures and partnerships, Sky [...]
Parliament to debate gender pricing and why there seems to be a premium on being female, as goods marketed towards women cost more February 2, 2016 MPs are set to debate an apparent tax on colouring things pink this evening, after research unveiled that the price tag on items marketed towards the fairer sex is routinely hiked up. The debate on gender pricing, which is set to take place in Westminster Hall at 4:30pm today, was raised by Paula Sherriff, the Labour MP for Dewsbury. [...]
CVC set to buy up almost half of the RAC December 2, 2015 CVC CAPITAL Partners, the largest shareholder in Formula One, will reportedly announce the purchase of almost 50 per cent of breakdown company RAC later today. CVC will purchase the stake from rival private equity group Carlyle which bought the company in 2011, it was reported late last night. Singaporean sovereign wealth fund GIC, will retain [...]
The science of branding: Neuro-Insight CEO Heather Andrew on brands and brains December 14, 2015 Emotion is not enough, says Heather Andrew When Cadbury’s drumming gorilla was unleashed in 2007, its soundtrack and surrealism allowed the confectioner to draw a line under its salmonella scare, and boosted sales by 9 per cent. But an entertaining advert is not enough. The role which branding plays within the advert is crucial, [...]
EU referendum: What will individual company share prices do after the vote? June 23, 2016 The stock market may have started today on a high, but nobody expects tomorrow's open to be quite so smooth. Whatever the vote, analysts are expecting movement. UBS warned 20 per cent could be wiped off the FTSE 100 in the event of a vote to leave – a move which would take the index down [...]