Management gurus drop the ball this time January 28, 2020 England’s cricketers haven’t made a recent habit of winning Test matches abroad, so the 3-1 series victory over South Africa is cause for celebration – not least due to the arrival on the international scene of Ollie Pope and a sign that we might just have found a pair of openers who can keep us [...]
No cricket chat? Management gurus dropped the ball this time January 28, 2020 England’s cricketers haven’t made a habit of winning Test matches abroad recently, so the 3-1 series victory over South Africa is cause for celebration — not least due to the arrival on the international scene of Ollie Pope and a sign that we might have found openers who can keep us in a game beyond [...]
Square Mile lockdown: City firms plot staff’s return to work May 14, 2020 City banks and professional services firms are drawing up plans to send staff back to the office as the UK begins to ease its coronavirus lockdown. Earlier this week Prime Minister Boris Johnson announced that people who can work from home should continue to do so, as he laid out guidance to make workplaces “Covid-secure”. [...]
US stocks and FTSE 100 plunge after Fed’s long recovery warning June 11, 2020 The FTSE 100 suffered its worst daily drop since late March, with US stocks plunging into the red after the Federal Reserve effectively crushed hopes of a quick recovery. London’s blue-chip index closed down 3.99 per cent after crashing as much as 2.66 per cent this morning. And US stocks also crashed, with the Dow [...]
StanChart lowers growth target over coronavirus and economic slowdown February 27, 2020 Standard Chartered has reported a 46 per cent jump in annual profit, but warned that operating income growth would be lower than expected this year due to the impact of the coronavirus epidemic in key Asian markets. The figures StanChart’s statutory pre-tax profit jumped 46 per cent to $3.7bn (£2.9bn) in 2019, up from $2.6bn [...]
City Moves for 20 November – Who’s switching jobs at Allsop, Baker McKenzie and Saga? November 20, 2019 Today’s City Moves includes Allsop, Baker McKenzie and Saga Allsop Leading property consultancy Allsop has appointed Jamie Hopkins to its board as non-executive director. Jamie is the former chief executive officer of Workspace, a leading provider of business space, having served in the role since 2012. Scott Tyler, senior partner at Allsop, said: “We are [...]
Allez le Bleus! Lloyd’s of London tips France for world cup glory June 12, 2018 Insurance market Lloyd’s of London has predicted that France will win this year’s world cup, based on the insurable value of its team. The research by Lloyd’s and the Centre for Economics and Business Research shows the insurable value of the French team is £1.4bn, with England second on £1.17bn and Brazil third on £1.1bn. [...]
Coronavirus: Could crisis be a tipping point for compliance and ‘RegTech’? April 17, 2020 We are living in unprecedented times. Due to the human disruption caused by the coronavirus pandemic, a financial downturn is upon us. Against this difficult backdrop, it is my belief that ‘Regtech’, regulatory technology, is very well positioned to weather the storm. Regtech does what it says on the tin: it uses new technology, often [...]
The impact of coronavirus on dividends April 2, 2020 As UK banks temporarily suspend all dividend payments, we discuss the effect coronavirus could have on a vital source of income for investors. What’s happening to dividends? The coronavirus crisis and oil price war are having a profound impact on economic growth and the cash position of companies. Many businesses in the most affected sectors [...]
RSA chief Stephen Hester receives nearly £5m pay packet after strong 2017 for the insurer March 25, 2018 The chief executive of RSA Stephen Hester will take home nearly £5m after a strong 2017 for the insurer which saw it achieve a record underwriting profit of £394m. On top of his salary of £987,000, the former Royal Bank of Scotland (RBS) boss received a £1m bonus, £2.6m as part of a long-term incentive [...]