David Davis sets out post-Brexit vision for financial services November 14, 2017 David Davis has committed to protecting talent within financial services after Brexit, as he gives his clearest indication of the government’s thinking for the sector yet. Speaking at UBS this morning, the Brexit secretary set out his vision of the City’s future relationship with the EU after March 2019, based on three key planks: protecting [...]
Virtual doctors and video appointments: Get ready for the rise of digital healthcare November 10, 2017 Healthcare matters, fundamentally, to everyone across the globe. Understandably, it is generally a risk-averse sector – lives are at stake. It is easy to see why this area is relatively resistant to change and innovation. This is a challenge I have been countering through the application of digital healthcare. Read more: If tech titans ruled [...]
World’s biggest fund managers control more money than the total wealth of Europe October 30, 2017 The world’s 500 biggest fund managers now control over $80 trillion (£61 trillion) of money, according to research released today. Total assets under management swelled by 5.8 per cent to $81.2 trillion by the end of 2016, according to Willis Towers Watson. This means the largest fund managers in the world control more money than [...]
These are the world’s 50 most valuable brands of 2017 September 25, 2017 Apple and Google have once again take the two top spots in a list of the world’s 100 most valuable brands, according to rankings by consultancy group Interbrand. Five UK firms made into into the 2017 best global brands list. These were Burberry, HSBC, Land Rover, Smirnoff and Johnnie Walker. This is the fifth consecutive [...]
Apple, Google and Microsoft top list of the 100 most valuable brands September 25, 2017 Apple and Google have once again take the two top spots in a list of the world’s 100 most valuable brands, according to rankings by consultancy group Interbrand. Five UK firms made into into the 2017 best global brands list. These were Burberry, HSBC, Land Rover, Smirnoff and Johnnie Walker. This is the fifth consecutive [...]
Pride in London 2017: Barclays leads host of Britain’s biggest firms in support of LGBT+ event June 23, 2017 City stalwarts and some of the UK’s largest companies have rallied in support of Pride in London 2017. A raft of the great and the good from the corporate world have stepped up to sponsor the event. Barclays is one of two headline sponsors together with the Mayor of London office. This year’s event takes [...]
Manx Telecom share price rises after revealing “solid” annual figures March 15, 2017 Manx Telecom, which operates the Isle of Man's telecoms network, today revealed it is generating annual sales equivalent to almost £1,000 per person living on the island. Shares rose one per cent in the wake of the news. The figures Revenue rose by 1.5 per cent to £81m, with underlying earnings of £28m, the same [...]
City office rents propped up in uncertain times by low supply March 15, 2017 Rents in the City's offices are being propped up by low supply, with only three buildings set to be completed in the capital's financial quarter this year. This year 1 Angel Court, 45 Cannon Street and the Scalpel will be finished, and Chris Vydra, City leasing agent for CBRE, said that the dearth of new [...]
Simply Business bought by Travelers in $490m deal to accelerate US expansion March 13, 2017 Simply Business has today been swallowed up by US insurance giant Travelers in a $490m (£402m) deal that will deliver a bumper payout to every one of the UK broker's 400 employees. The firm, which boasts 425,000 micro-business customers across 1,000 business classes in Britain, was bought by private equity fund Aquiline last year as part of [...]
HSBC chairman search: Former man from the Pru Mark Tucker will replace Douglas Flint March 12, 2017 Mark Tucker, chief executive and president of AIA and former boss of Prudential, has been confirmed as chairman of HSBC, marking the first time the bank has appointed an external chairman. Tucker will receive an annual fee of £1.5m and a one-time relocation benefit of £300,000 for moving from Hong Kong to London. He will take up [...]