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Labour Party UK
Labour says it will not slash UK civil service if elected
...One Labour person briefed on the matter said: “There’s no point committing at this stage to cutting the civil service in the service of costings that don’t add up.”...
May 2, 2024
PwC
PwC to reverse controversial US tax split
...Griggs announced key members of his leadership team on Thursday, including appointing Krishnan Chandrasekhar, who is at present banking and capital markets tax services leader, as head of the reunified tax...
April 18, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Inside BusinessStephen Foley
Why don’t auditors find fraud?
...Better still for auditors, there is evidence investors are willing to pay for a more robust service....
May 6, 2024
Jan Marsalek
Wirecard fugitive Jan Marsalek recruited by Russian intelligence in 2014, says report
...Wirecard fugitive Jan Marsalek was recruited by Russian intelligence at a meeting on a yacht in July 2014, sparking a decade-long association with the country’s security services, according to new reports...
March 1, 2024
Israel-Hamas war
Palestinians across Middle East face ‘catastrophe’ with UN agency’s cash crunch
...“After that, if funding isn’t resumed, we don’t know what’s going to happen.”...
March 4, 2024
BBC
MPs hit out at BBC for cutting local radio to fund regional online services
...The BBC announced significant cuts to local radio station programming in 2022, which resulted in job losses at the 39 networks in England and filling parts of their schedules with shared programming....
April 16, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
LexCitigroup Inc
Predictions: mind the valuation gap at Citi Premium content
...Any rebound for Citi next year starts in its services unit, offering working capital and payment facilities to its multinational corporate clients....
December 28, 2023
Letter
Letter: Customer service — it’s really no laugh-in matter
...In the 1970s TV show Rowan & Martin’s Laugh-In, the actress and comedian Lily Tomlin derided the then monopolist AT&T’s non-existent customer service with the catchphrase: “We’re the phone company....
May 3, 2024
News updates from January 4: US air strike kills Iran-backed militia commander, German inflation rises to 3.8%
UK services growth expands at fastest rate in 6 months
...UK services activity improved more than initially estimated in December with growth expanding at the fastest rate in six months, according to a closely watched survey that eased fears of the economy contracting...
January 4, 2024
Ericsson
Ericsson boosted by $14bn ‘open RAN’ deal with AT&T
...Analysts at Citi said the move was “a significant announcement, for Ericsson, AT&T, Nokia and the industry”....
December 5, 2023
IPOs
TikTok courier slashes $1bn Hong Kong IPO target on weak investor demand
...J&T declined to comment. At $1bn, J&T’s IPO would have been the largest in Hong Kong since the $1.3bn listing of China Aviation Lithium Battery in October 2022, according to Dealogic data....
October 14, 2023
News updates from December 5: Moody’s cuts China’s credit outlook, Germany’s Dax closes at record high
Ericsson shares boosted by $14bn ‘open-RAN’ deal with AT&T
...Shares in Ericsson climbed more than 9 per cent after US telecoms group AT&T announced a tie-up worth up to $14bn to roll out “open RAN” technology with the Swedish telecom equipment maker....
December 5, 2023
Letter
Letter: Don’t be fooled by banks’ reported satisfaction levels
...Nationwide is fourth in the Institute of Customer Service UK customer satisfaction index. The banks claim that the fall in complaints is testament to their improved customer service....
May 3, 2024
Andrew Hill
Dear board directors, please don’t shoot the proxy messenger
...As Sarah Wilson of Minerva Analytics, one of the smaller advisers, points out: “If companies don’t like what shareholders think, they need to go to talk to them, not at them.”...
April 22, 2024
Due Diligence
Death and succession at Berkshire Premium content
...But don’t fear: while the restructurings aren’t playing out in court, they’re still incredibly lucrative....
May 7, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
LexTP ICAP
Brexit isn’t working for this City broker Premium content
...Being an old-school broker in the City of London ain’t what it used to be. Technology and competition have hurt profitability in traditional dealing services....
March 21, 2024
Letter
Letter: Financial services has a class ceiling problem
...Research we have done at Progress Together, a membership body focusing on progression, retention and socio-economic diversity in the financial services sector, has found that socio-economic background is...
April 26, 2024
LexAccountancy
Teflon-maker’s scandal shows even cash isn’t safe from mischief Premium content
It seems that even cold hard accounting cannot be guaranteed to tell the whole human story
March 21, 2024
Banks
The increasingly blurred lines between banks and NBFIs
...Their answer became the keynote paper at a Riksbank conference last year we’ve only just landed upon (h/t Usama Polani)....
May 9, 2024
News in-depthT Rowe Price Group Inc
T Rowe Price chief says worst is over after heaviest ever year for outflows
...T Rowe is the sixth largest investor with a 2.3 per cent stake in the chipmaker valued at $1.2tn....
December 29, 2023
Unhedged
Gilles Dellaert: ‘We’re seeing a structural shift’ Premium content
...So I don’t think you see it now. We’ve been doing this for 20 years at Blackstone, a variety of cycles and a variety of interest rate environments....
May 10, 2024
FT Magazine
How did customer service get so bad?
...This expectation makes it all the more jarring if we find that standards are slipping — in my case, being told by the customer services desk at my local Waitrose that I couldn’t have a trolley as I lacked...
April 18, 2024
News in-depthNHS England
Does going private hurt the NHS?
...“In the event that someone’s condition becomes uninsurable or they can’t pay, what then? A depleted NHS might not be there as a safety net to look after them.”...
May 10, 2024
Anjli Raval
Beware the rise of the everything adviser
...It follows a broader trend in professional services....
March 25, 2024
UK politics
Nearly one in five English councils at risk of bankruptcy, says LGA
...In areas where authorities have gone bust, central government has typically overseen a rise in council tax and a further reduction in public services....
December 6, 2023

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