Tesco Bank’s chief exec says lenders don’t pay customers enough interest on current accounts February 2, 2017 The boss of Tesco Bank has hit out at high street rivals, claiming they make billions of pounds by skimping on the rate of interest paid to customers. Benny Higgins, who led the lender through a mammoth cyber attack on Tesco Bank last November, said the amount of switching between providers remains "stubbornly low", something lenders [...]
Applications to UK universities from EU students are down 7% since the Brexit vote February 2, 2017 Students from the European Union appear to have been put off from studying in the UK following last year's Brexit vote. The number of applications to UK universities from students in the European Union has shrunk by 7% in the wake of the Brexit vote, according to figures from UCAS.EU applications are down to 42,070 [...]
City Moves for 2 February 2017 – who’s switching jobs? February 2, 2017 Today's City Moves are infrastructure-heavy, covering legal eagles, property and utilities. Take a look at these movers and shakers: Clyde & Co David Hansom has been appointed as a partner in global law firm Clyde & Co’s infrastructure group, where he will lead the firm’s public procurement offering. David is a leading procurement lawyer with [...]
Let’s not make feminist idols of women who refuse to wear high heels at work February 2, 2017 A report by two parliamentary committees has called for a review of equality legislation, after a receptionist engaged by outsourcing firm Portico was sent home without pay when she refused to wear high heels while temping at PwC. From what I could tell, the temp’s case consisted of three claims. The first was that wearing [...]
The case against VC-backed employers February 2, 2017 Silicon Valley has carved an entirely new definition of the word “aspirational”. Notwithstanding that the companies it built are drip-feeding curated images of perfection into our lives, it has also created a paradoxical working culture: a curtain of free artisan lunches and unlimited holiday often drawn across a dark room of tiring and intense R&D. As [...]
Startup Dead Right aims to bring digital disruption to the funeral industry February 1, 2017 A new digital disruptor is aiming to put the ‘fun’ in funeral. Dead Right, a service comparison startup, is backed by advertising exec Sir John Hegarty and his company Garage Soho, and is in the process of seeking further funding. Read more: A startup sprouting up across London could be getting a massive investment from Softbank [...]
Do strong brands make good investments? Brand Finance certainly think so February 1, 2017 When purchasing consumer goods, we’re attracted to brands we know and love. We buy Coca Cola, rather than an own brand product. We prefer Ray Ban sunglasses, Colgate toothpaste, Apple’s iPhone. And we’re willing to pay a premium for the privilege. Consumers have an affinity with the real thing, not just through overt awareness – [...]
How Trump’s presidency might affect your investments February 1, 2017 | City Talk While Donald Trump’s presidency is not the only factor that could affect investments in 2017, it is potentially a major one. Trump’s plans to boost employment, rebuild infrastructure and bring businesses back to the US could have massive repercussions, both positive and negative, for global trade and growth. His policies have already had an effect. [...]
How Trump’s presidency might affect your investments February 1, 2017 | City Talk While Donald Trump’s presidency is not the only factor that could affect investments in 2017, it is potentially a major one. Trump’s plans to boost employment, rebuild infrastructure and bring businesses back to the US could have massive repercussions, both positive and negative, for global trade and growth. His policies have already had an [...]
Bosses should speak out on political events February 1, 2017 Business and their top executives are understandably nervous about jumping into political storms. Speaking out during times of unrest holds many risks. People disagreeing with your view are quick to encourage boycotts on social media, while an army of risk-averse corporate PR men and women will warn their bosses of potential harm to a company’s [...]
