Moneysupermarket share price sinks as it warns of money segment weakness October 17, 2019 Moneysupermarket’s share price dropped 10 per cent today as product availability problems hampered one of its core businesses. The comparison website’s money division shrank five per cent to £20.6m for the three months to the end of September, the comparison site said in a trading update. Read more: How to avoid the grey suit mentality [...]
Polystyrene: The turnaround from misperception to circularity success October 15, 2019 | Sponsored Image: Polystyrene’s circularity in action with Agilyx’s recycling technology at the Regenyx facility in Tigard (photo by Agilyx). Polystyrene is very widely used, with approximately 800.000 tons sold into the European Union packaging market every year and several million tonnes of virgin polystyrene produced globally every year. It lends itself well to safe food packaging, [...]
Delving inside FinTech innovator Prepaid Financial Services October 15, 2019 | Sponsored “Our core strength is achieving consistent profitability,” Valerie Moran, Head of Operations & Client Relations. It’s late on a Wednesday night in the City. PFS’ owners have reached the end of a selfie queue at a private bank after Valerie Moran was invited to deliver a keynote speech on a hot topic – Diversity and [...]
Are big tobacco’s dreams going up in smoke? October 14, 2019 | City Talk Vaping was meant to be the saviour of both Big Tobacco firms and those that are addicted to its products, providing a safer alternative for smokers and some much-needed growth for an industry in decline. But, following 12 deaths and over 800 cases of damaged lungs being linked to e-cigarettes in the US, the future [...]
From Bloom & Wild to Moneybox, we meet the man who co-founded both October 14, 2019 What do a flower shop and an investment app have in common? More than you might think, says the co-founder of two flourishing British businesses, Moneybox and Bloom & Wild. The latter was featured in Morning Wire in 2017 and remains one of the fastest growing tech companies in the country, according to Deloitte. “I [...]
Bank of England launches new £20 note featuring JMW Turner October 10, 2019 The Bank of England (BoE) has launched a new polymer £20 note featuring British painter JMW Turner. BoE governor Mark Carney announced that Turner would be replacing 18th Century economist Adam Smith as the face of the banknote at an event at the Turner Contemporary gallery in Margate. Read more: Britain’s financial system ‘prepared’ for [...]
Is Brexit making Britain a bargain for foreign investors? October 9, 2019 | City Talk The pound has been one of the biggest casualties of Brexit so far. Sterling has lost around 10 per cent of its value against the US dollar and the euro since the UK voted to leave the EU in June 2016 and shed 5 per cent versus the yen. It has lost over 16 per [...]
Why the Bank of England isn’t topping up the punch bowl October 9, 2019 | City Talk Many economists will remember 2019 as the year of the monetary policy U-turn by central bankers around the world. At the end of 2018, the US Federal Reserve, which tends to lead the herd, signaled multiple rate hikes in the year ahead. Just three months on, its forecasts were cut sharply to zero and by [...]
Saving early in life – you must be joking! October 9, 2019 | City Talk As adults, we all wish we had saved and invested more, especially earlier on in life. How much easier retirement would be for most of us had we only paid in an extra few pounds a month into the retirement pot. The wisdom of age is a wonderful thing, but in reality, the young do [...]
Five reasons why global cities are the ultimate investment super-trend October 3, 2019 | City Talk Cities are becoming more important than countries, with their success determined by innovation, efficiency and the clustering of industries. What does this mean for investors? The global economic focus is shifting from countries to cities. Cities are efficient and the economic output that can be derived from cities is much greater than from countries. Cities [...]