Hamptons compared the number of newly agreed lets in the top and bottom deciles according to the government’s Index of Multiple Deprivation. The gap between the two ends of the market is widening. In the month of September alone, in the top 10pc most affluent areas, the number of new […]
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HSBC can no longer avoid the brutal political truth
It of course operates under the same “blessing” of historically low interest rates as Barclays. Likewise, the coming and partly unavoidable wave of business failures triggered by coronavirus means HSBC is also going to be forced to write off billions in bad loans. Last month, Quinn signalled that the figure for […]
Sports marketing is no longer the safe bet, but bolder brands could win out
With the cancellation of most major events earlier this year, the return of live sports — albeit with some of the “live” parts absent — was supposed to be a lifeline for marketers. Recent weeks have shown that sports, historically one of the safer media bets, are anything but free […]
Majority of consumers won’t return to economic activities for 1 month or longer, survey finds
Dive Brief: Sixty nine percent of consumers are still worried about the pandemic and 46% say they will hold off on normal consumer behaviors because of concerns about their safety or the safety of their loved ones, according to details provided by Kantar about Wave 6 of its COVID-19 Barometer […]
Britain is no longer a dividend champion. Where is best for income now?
Britain’s high-yield stocks have attracted many investors desperate for income, but their importance is waning. In 2009, £1 in every £10 paid in dividends globally came from British companies. Last year it was down to £1 in £13 as firms in other areas such as Asia started to pay out […]
Japan college seniors face longer, tougher job hunting season
TOKYO — As Japan’s job-hunting season shifts into high gear Monday, college seniors face an employment landscape upended by the coronavirus pandemic, with interviews going online and some hard-hit companies freezing recruitment. As companies interview thousands of students online, the process is expected to take longer. With many planning to […]
Hong Kong no longer autonomous, Pompeo tells Congress
NEW YORK/WASHINGTON — U.S. Secretary of State Mike Pompeo on Wednesday told Congress that Hong Kong no longer retains autonomy from China, paving the way for sanctions from Washington that would strip the city of economic and trade privileges essential to its status as a global financial hub. Beijing’s decision last […]
59% of ad agency employees working longer during pandemic, study says
Dive Brief: More than half (59%) of employees at advertising and marketing agencies said they were working longer hours as the coronavirus pandemic led many cities and states to issue stay-at-home orders, per a study that professional social network Fishbowl shared with Marketing Dive. The percentage was slightly higher than […]
Pandemic’s financial havoc spells longer working lives: Gratton
TOKYO — The coronavirus pandemic has made the issue of longevity even more relevant given that the damage to financial markets could force people into longer working lives, Lynda Gratton, a leading expert on human resources and organizational behavior, tells Nikkei. She also expects more flexible work patterns to emerge […]
The Treasury can borrow like mad because its bogeyman no longer exists
“I used to think that if there was reincarnation, I wanted to come back as the president or the Pope or as a .400 baseball hitter,” James Carville, a US political adviser, famously said in the 1990s. “But now I would like to come back as the bond market. You […]