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FinanceUK Consumers Cheer up a Bit as Budget Nerves Lift, GfK Survey Shows
Top StoriesUK Pay Growth Steady but Firms See Higher Costs Ahead, Brightmine Says
Top StoriesMore Women Hired to Senior UK Fund Roles, but Top-Paid Jobs Still Male Dominated
Top StoriesSwiss Industry Gloomy Over Prospects as Sales and Exports Slip
UK Fund Managers Pay More to Hedge in 2024, MillTechFX Survey Says
Date: November 19, 2024
By Nell Mackenzie LONDON (Reuters) – More UK fund managers say they’ve paid higher costs in 2024 to protect their investment portfolios against fluctuations in currency markets, according to survey results by software provider, MillTechFX. This year, 88% of UK fund managers said they decided to hedge their investments against currency risk, up from 75%...
The Hidden Costs of Complex Contracts: New Report Highlights Need for Contract Simplification
Date: November 15, 2024
By: Andi Stark A recent report from World Commerce & Contracting (WorldCC) in partnership with Icertis sheds light on a growing issue in commercial transactions: the hidden costs associated with complex contracts. As contracts become increasingly intricate, companies are bogged down by rising costs, wasted time, and strained partnerships. Based on data from thousands of...
UK House Price Growth Quickens but Budget Clouds Outlook, Rics Survey Shows
Date: November 14, 2024
(Reuters) – British house prices rose in October at the fastest pace in more than two years, according to a survey that on Thursday that mostly reflected sentiment before finance minister Rachel Reeves published her budget at the end of the month. The Royal Institution of Chartered Surveyors said its house price balance rose to...
German Investor Morale Falls, Rattled by Trump and Coalition Collapse
Date: November 12, 2024
By Rachel More BERLIN (Reuters) -German investor morale clouded over this month, an economic research institute said on Tuesday, as Donald Trump’s U.S. election win and the collapse of the government in Berlin unleashed added uncertainty on Germany’s already ailing economy. The ZEW Institute reported a stronger-than-expected decline in its economic sentiment index to 7.4...
UK Public-Sector Pay Rises to Overtake Private Ones, Employers Say
Date: November 11, 2024
By Suban Abdulla LONDON (Reuters) – British public-sector employers now expect to raise pay faster than their private-sector counterparts for the first time since late 2020, after the new Labour government approved big public-sector pay rises funded in part by higher employer taxes. The Chartered Institute of Personnel and Development said 2,000 employers surveyed from...
Majority of Government Bodies Refuse to Buy Into Cyber Insurance Despite Increasing Breach Risks
Date: November 6, 2024
Only two out of 41 local councils claimed to have a cyber insurance policy in place Manchester, UK, 6 Nov. 2024 – Apricorn, the leading manufacturer of software-free, 256-bit AES XTS hardware-encrypted USB drives, has today announced new findings from its annual survey and FoI (Freedom of Information) requests, revealing a concerning disregard for cyber insurance across both...