Young customers want to use thumbprints and facial recognition rather than pin numbers and passwords for banking, new research has found. Card company Visa found that a quarter of 18-24 year olds would consider switching banks if they were not...
Read moreNight-time economy boosts Britain's high streets
Bars, restaurants and pubs came to the rescue of Britain’s beleaguered high streets last month by helping to draw consumers into town centres. High streets enjoyed a 1.1pc increase in footfall during August, pushing overall footfall in the UK...
Read moreTime to ignore popularity in a drive for successful UK industrial policy
Industrial policy’s chequered history is a minefield of costly blunders in the UK. Misguided goals, wavering political commitment, capture by interest groups and departmental incompetence have all crippled the best-intended attempts to improve...
Read moreGalliford Try boosts dividend after record year
In the immediate aftermath of the referendum, the company reported “a short-term decline in visitor numbers and small increase in cancellation rates”. Mr Truscott added that “In July we were maintaining similar sales rate to last year, but a...
Read moreThere may be a sunnier post-Brexit if we become firm friends with Japan
Japan has a very strong manufacturing presence in the UK, particularly in the automotive industry, with Nissan operating the UK’s single biggest car manufacturing plant, in Sunderland. Much has been made of the uncertainty now surrounding this...
Read moreWhat America will do after the election – whoever wins
Another area where Trump and Clinton are singing from the same sheet is their dislike of existing and proposed trade deals. Protectionism, together with expected robust economic growth and a stronger dollar, points towards domestic-facing...
Read morePortfolio managers shun investing in own funds
Half of the 15,000 mutual funds in the US are run by portfolio managers who do not invest a single dollar of their own money in their products, raising concerns about whether fund managers’ interests are properly aligned with those of their...
Read more‘Vietnam is my life. Dragon is my life’
© Tony Healey Dominic Scriven is the proud owner of the Vietnamese Labor medal, an honour the 52-year-old explains is awarded by the Asian country’s communist government for “contributions, as a labourer, towards the revolution”. It seems an...
Read moreOnly the brave would sink a big deal when there are monster riches at stake
Some are far from convinced. Henderson, an investor in Bayer, has been particularly outspoken, attacking it as “arrogant empire-building” and “immediate destruction” of value. Unfortunately the two companies haven’t done a great job of selling...
Read moreDavid Atkins: Hammerson's chief executive on driverless cars, drones, and the future of retail post-Brexit
The company, together with Allianz, bought the loans from the National Asset Management Agency (NAMA), Ireland’s bad bank. Over the past few months Hammerson has taken control of the assets themselves and begun making changes, particularly in...
Read more'Chicken King' to buy Bernard Matthews turkey empire
The deal with Mr Boparan ends months of speculation over Bernard Matthews’s future. The business was hit by the bird flu outbreak in 2007 and also hurt by changing consumer tastes towards healthy eating. Jamie Oliver, the TV chef, targeted its...
Read moreBT and Virgin Media join forces to battle Openreach split
Virgin Media owns cables covering half the country, and is investing £3bn in expanding coverage to two-thirds of homes and businesses by 2020. Built mostly in the Nineties, the network offers faster internet access and more reliability than BT’s...
Read more