Thursday could be a hugely symbolic day if the Bank of England decides to raise interest rates above 0.5 percent for the first time since the financial crisis. However it doesn’t actually change too much on the ground. Markets are already expecting a rise, and from here on in, further hikes are going to be few and far between because UK economic growth is so fragile.
Published: 3 August 2018
This year’s Global Business and Spending Outlook - which surveyed 100 senior finance executives in the UK, half of whom work for companies with more than US$5 billion in annual revenue - revealed that UK CFOs are amongst the most confident in Europe. 91 percent anticipate domestic economic expansion this year compared to 79% across Europe and 85 percent globally.
Published: 4 July 2018
Union warns a ‘bargain basement' deal could risk gambling with 330,000 people’s futures - as workers kept in dark on grocery merger. GMB, the union for ASDA workers, today issued a warning over a looming "supermarket sweepstake" after ASDA and Sainsbury's confirmed an attempted merger this morning.
Published: 3 May 2018
Amazon execs are talking to JP Morgan about creating a bank service aimed at young consumers. The e-commerce fulfilment specialist ParcelHero says Amazon is pressing ahead with plans to open a banking service. David Jinks MILT, says...‘Amazon is now in discussion with JP Morgan Chase and a number of other financial organisations.
Published: 9 March 2018
Over half (51 percent) of all current FTSE 100 company CEOs have a background in finance, with almost one in five (18 percent) holding accountancy qualifications. That’s according to analysis by specialist recruiter, Global Accounting Network, which researched the education and career history of the acting heads of each FTSE 100 firm.
Published: 20 February 2018
High- performing financial professionals remain in high demand as the skills deficit grows in the financial sector. Robert Half 2018 Salary Guide has revealed that accountants and finance leaders will top the list of professionals set to experience the greatest salary increases in financial services in 2018.
Published: 18 February 2018
There has been a 4.2 percent rise in company insolvencies in 2017 to 17,243, and a rise in quarterly insolvencies for Q4 2017 to 4,382. Recent insolvency figures are a real concern and our research shows a record number of small business owners looking for an exit. One in seven entrepreneurs expects to sell, hand-on or close their business in the first quarter of 2018.
Published: 6 February 2018
New research on consumer, business leader and public sector leader views provides insights on how to address the financial savings gap. The UK is one of the least financially secure nations amongst the 12 surveyed. Findings from a survey focused on financial security from Mercer’s Healthy, Wealthy and Work-wise new global research identifies imperatives for financial security.
Published: 4 February 2018
New research from HSBC[i] has highlighted that flexible and remote working practices are more likely to motivate staff and increase workplace productivity than financial incentives. Nine out of ten (89%) employees surveyed claimed that flexible working is their number one motivator to boost their productivity at work, compared with 77% of respondents who said financial incentives would motivate them
Published: 8 January 2018
EIB Investment Report 2017/2018 shows that companies are held back by lack of skilled workforce and regulation more than by financing problems. Corporate investment reaches pre-crisis levels, but firms consider only half of their capital stock to be state-of-the-art.
Published: 16 December 2017