Bank of England in dramatic upgrade of UK growth forecasts

Share Bank of England in dramatic upgrade of UK growth forecasts Read more: The City’s importance to Europe helps the PM“The one jurisdiction that is going to have capacity [after Brexit] is the UK,” said Carney, saying authorities would aim to “smooth” the transition.Mark Boleat, policy chairman at the City of London Corporation, added: “Whatever the deal, I am confident the UK will remain the world’s leading financial centre”.A stronger growth outlook, along with high inflation, could prompt the Bank to tighten monetary policy faster than previously thought – and minutes from the MPC revealed some members of the committee were reaching the “limits” of tolerance of higher inflation.Read more: Even top EU officials believe it will lose out in bad deal for City whatsapp Jasper Jolly Thursday 2 February 2017 12:08 pm Bank of England governor Mark Carney dramatically revised up growth forecasts today, while dismissing fears of banks leaving the UK after Brexit.The Bank now predicts no slowdown over the course of this year. GDP will climb two per cent, according to the Bank’s latest forecasts, the same rate as growth in 2016. The upgrade to growth prospects comes after strong consumer spending wrong-footed the Bank in the aftermath of the Brexit vote, with little effect on the UK economy from the EU referendum, aside from the marked decline in the value of sterling.Read more: Carney claims Bank of England stimulus saved 250,000 jobs being lostThe Bank’s prediction of UK growth immediately after the EU referendum was slashed to only 0.8 per cent for this year, but since then it has steadily moved its forecast upwards: first to 1.4 per cent at the rate-setting Monetary Policy Committee’s (MPC) November meeting, followed by another substantial upgrade yesterday.Meanwhile, Carney gave short shrift to suggestions the UK financial services sector would disappear to the continent.At a press conference following the meeting, he pointed to a long list of advantages to keeping operations in the City, and said any move of jobs to the EU would be a “very, very complicated exercise” with “huge operational” and “huge financial” risks for the firms involved. Simon Ward, chief economist at Henderson Global Investors, said: “If the inflation numbers do surprise to the upside there will be some members who will put their heads above the parapet.”Lars Christensen, the economist founder of Markets and Money Advisory, agreed pressure will increase for a rate rise.Read more: Hold: City A.M.’s Shadow MPC votes for the BoE to keep rates steadyHe said: “Should Carney have been slightly more hawkish? Yes.”Steve Baker, a Conservative MP who stridently backed Brexit, said: “I’m delighted Project Fear has, as expected, turned out to be quite wrong about the immediate impact of the vote.”If the Bank wishes to take credit for this result, I wonder why they did not plan for it before the vote,” he said. “Let’s hope they aren’t now blowing dangerous bubbles in asset markets.” whatsapp read more

Metro Bank boss: We could have made a profit sooner but I wanted to build a bank my kids would be proud of

Read more: Metro Bank’s business customers get 11,600 new branchesSome shareholders may be less supportive of the slow burn approach. Panmure Gordon gave the bank a “sell” rating in a note published last week, with analysts saying that, while they did believe the challenger could be highly profitable, “we prefer those banks that already are”.Donaldson offered some promising words for investors who are perhaps wondering if the new lender will ever make it out of the red, revealing he envisions that 2017 will be the first full year the bank will be profitable.”We do expect a full-year profit this year,” he said, pointing out the bank had been profitable on an underlying basis in both the third and fourth quarter of 2016.  Share However, Metro Bank’s chief executive Craig Donaldson told City A.M. the bank could have easily entered the black by now, but feels it is more important to build a sustainable business for the long-term than to grab a quick buck in the short term. Read more: Metro Bank boss: Branchless banking reduces customer choice”We could have been profitable a lot earlier if we weren’t investing in the growth,” Donaldson said.He added: “It’s important that we grow for the long-term. This is not a fly-by-night. I want to create a bank that my kids are happy and proud of.”Donaldson also said he was particularly pleased the company’s brand recognition scores for the London market had grown to 84 per cent, and the bank’s results statement also proudly trumpets that it won City A.M.’s award for bank of the year last year.  Hayley Kirton whatsapp Metro Bank announced its full-year results this morning, revealing it had grown closer to getting out of the red but was still yet to turn an annual profit.The challenger bank revealed this morning underlying losses before tax had improved 75 per cent for the year to £11.7m, up from £46.6m, and statutory losses before tax narrowed to £17.2m, compared with £56.8m. Wednesday 22 February 2017 3:36 pm Metro Bank boss: We could have made a profit sooner but I wanted to build a bank my kids would be proud of whatsapp read more

Morgan Stanley may move 300 UK jobs to Frankfurt or Dublin

The City has since faced increasing competition from European cities claiming they can offer a better guarantee of trading rights with the rest of the European Union. HSBC chairman Douglas Flint told MPs in early January that the bank was thinking of moving 1,000 investment banking jobs to Paris.Competition from the FrankfurtersMorgan Stanley is not the only investment bank lured by London’s European rivals.In mid January UBS publicly confirmed plans to move workers out of the UK, hinting its Frankfurt or Madrid office could be suitable. Just a day later, Goldman Sachs was reported to be considering halving its UK workforce by moving 1,000 jobs to Frankfurt.German regulators met with over 20 banks at the end of January as part of a campaign to attract business from the UK. Hubertus Vaeth, head of Frankfurt Main Finance, a group backed by local government to promote the city, told Reuters he predicts 10,000 jobs will move to Frankfurt over the next five years.Vacancy for prime real estate in key European banking districts is, however, very low at the moment.Whether international banks follow through on plans to move jobs away from the City will depend on the deal Theresa May is able to negotiate after Article 50 is triggered at the end of March. Friday 24 February 2017 11:10 am whatsapp A spokesman for Morgan Stanley told City AM: “Our focus is on ensuring that we can continue to service our clients whatever the Brexit outcome.”Our strong franchise and material presence in Europe gives us many options, and we will adapt as the details of Brexit become clear. Given all of this, no decisions have yet been made.”The end of an era?Morgan Stanley had already threatened to move up to 1,000 jobs out of the UK before the vote to leave the European Union last June.Its 5,000 employees in the UK make up almost 10 per cent of its global staff, more than all of its other European offices combined. Morgan Stanley has used London as a European headquarters since it first opened its office here in 1977.Passporting ​London’s so called “passporting” rights, which allow firms to use it as a base for trading with the rest of the European Union, were called into question after Theresa May indicated in her Lancaster House speech on 17 January she will negotiate the UK’s withdrawal from the Single Market. Morgan Stanley may move 300 UK jobs to Frankfurt or Dublin Share whatsapp American investment bank Morgan Stanley could move 300 jobs out of the United Kingdom after Brexit and is already looking for new office space in Frankfurt and Dublin, according to reports.Plans are underway for an initial transfer of jobs to one of the two cities Bloomberg said. Kenza Bryan read more

Bank of England holds monetary policy unchanged amid “greater uncertainty”on Brexit

Thursday 13 September 2018 12:03 pm For British businesses, investment intentions “softened modestly” as references to uncertainty on Brexit’s effect on trade increased, according to surveys by the Bank’s agents around the country also published today.The MPC’s minutes suggested that policymakers will closely watch firms’ reactions to uncertainty, such as building up stocks in case of disruption or reassessing transport and logistics operations.The Bank has been forced to balance the global trade uncertainty on both Brexit and US President Donald Trump’s protectionism with its forecasts that domestically generated inflationary pressure is rising. The minutes said that further rate rises at a “gradual pace and to a limited extent” will still be necessary to return inflation to its two per cent target amid a continuing tightening of the labour market. Share Bank of England holds monetary policy unchanged amid “greater uncertainty”on Brexit Jasper Jolly whatsapp More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comColin Kaepernick to publish book on abolishing the policethegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com The Bank’s monetary policy committee (MPC) raised its main interest rate, bank rate, on 2 August, in only the second increase in the decade since the financial crisis began, but minutes from the latest meeting said that the outlook on Brexit had become less clear in the six weeks since.Mark Carney, whose term as Bank of England governor was this week extended until 2020, led a unanimous vote on the nine-member committee to leave interest rates and the £445bn stock of bonds bought under quantitative easing unchanged.City economists foresee little chance of any further changes to monetary policy in the next six months, with the UK set to leave the EU on 29 March 2019, and no clear progress made towards a deal between the two sides on determining the future relationship or securing a smooth transition.The Bank’s economists pointed to an increase in bets on greater volatility in the sterling-dollar market as a sign that investors are preparing for a turbulent period. There were also signs of firms hedging against a fall in interest rates, the response many economists expect if the UK leaves the EU without a deal.The MPC also said that new protectionist measures from the US and China will have a “more negative impact on global growth than was anticipated” in August, if the threats are implemented, amid “tentative signs” that the tariffs imposed are already having a negative effect on the US economy, with a potential knock-on effect on the British economy. Tags: Bank of England Brexit Mark Carney People Quantitative easing whatsapp The Bank of England today left monetary policy unchanged amid “greater uncertainty” in markets on the Brexit process and a worsening global trade outlook. read more

Ignore self-help books about working a four-hour week, embrace the corporate lifestyle

first_img Davide Cervellin Ignore self-help books about working a four-hour week, embrace the corporate lifestyle whatsapp Eventually, I realised that I needed to learn more about myself and others. If I wanted to have a shot at success in life, I knew I needed to improve the way that I dealt with people and with challenging situations – whether in the corporate world or elsewhere.These lessons inspired my new book, “Office of Cards” – a survival guide for the corporate world. I outline strategies and techniques that I believe would have prevented me from making some of my past mistakes, and will help to prevent me from repeating them in future.Here are my three rules for winning in the corporate world.Play The Long GameGetting the things that you want or need from the corporate world will take thought, planning, time, and hard work. Forget about the here and now, or instant gratification.Own Your LifeThe very first thing that you need to do when you decide to look for a job is to think about who you are and what you want in life. Tags: E.On Elon Musk People Startups Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoQuizGrizThe Average Baseball Fan Only Gets 7 Right! Can You Beat That?QuizGrizUndoVitaminewsShe Had No Clue Why The Crowd Started Cheering HerVitaminewsUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoBetterBe20 Stunning Female AthletesBetterBeUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoCleverstTattoo Fails : No One Makes It Past No. 6 Without LaughingCleverstUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest WowUndo So, what about us? Can we be happy in the job we have?Being happy in the workplace, as in any relationship, is the result of a transaction: you give your time, sweat and tears, and you get some money for it, or professional satisfaction, training, or rewards.The problems arise when you think that you’re giving more than you’re getting, or when you think other people are getting more, despite them giving less.This leads us to think that a different work environment, a different boss, or different colleagues will solve our problems.In the past 13 years, I’ve made a lot of mistakes. My dissatisfaction with work affected my personal life, and drove me to keep changing jobs, looking for the one that was going to make me happy. If you don’t know who you are, then you can’t know what you really want, and you’ll have even less of an idea about what will actually make you happy.Make No EnemiesIn a corporate environment, enemies kill ideas and careers. Even if you think a person is powerless, you don’t want them as an enemy.Finally, if you don’t get enough satisfaction from the work you do, if you feel angry that the workplace is unfair to you, then it’s up to you to change things.It’s not your manager’s – or your company’s – responsibility. It’s on you to act. Even when you are not the problem, you can be the solution.Read more: Practical tips on how to manage your career for happiness and success Share Books like the cult hit “The 4-Hour Work Week” by Tim Ferris aim to persuade you to “outsource your life” and do whatever you want for a year. Double your bank account while you’re at it. Turn off your emails. Persuade your boss that you don’t need to be there. Tim Ferris’ book was published in 2007 and sold millions of copies worldwide, kick-starting an entire industry with guides on living a nomadic lifestyle and getting rich quick.However, for the vast majority of us, this is pure fantasy.Read more: DEBATE: Is the 9-to-5 working week still relevant?Increasingly, we value our routines, secure incomes, and time spent with our families.We accept that we will go through our lives working for someone else – not everyone is going to become the next Elon Musk, and not everyone wants to be. There’s so much literature available on the market about how to find happiness in running (or working for) startups and small companies that you’d think the only way to be happy with your job is to start your own venture. Wednesday 26 September 2018 9:55 am More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com whatsapplast_img read more

Japan would welcome Britain into the Trans-Pacific Partnership after Brexit

first_img Joe Curtis The leader said Britain would be welcomed into the trade deal involving 11 Pacific countries, including Japan, Malaysia, Canada, Mexico and Australia, but urged Prime Minister Theresa May’s government to avoid a no-deal Brexit.Read more: May attempts to woo Labour voters with vision of post-Brexit Britain“I hope that both sides can contribute their wisdom and at least avoid a so-called disorderly Brexit,” he told the Financial Times.While the US has left the TPP, the UK would be free to join after leaving the EU customs union, when it can make its own free trade deals.Abe said that though the UK will no longer serve as an entrypoint to Europe, it would remain a country “equipped with global strength”. whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Tags: Brexit Japan would welcome Britain into the Trans-Pacific Partnership after Brexit center_img Share Monday 8 October 2018 7:59 am Japan would welcome the UK into the Trans-Pacific Partnership (TPP) “with open arms” once it leaves the EU, Prime Minister Shinzo Abe has said. whatsapp But Japanese firm Toyota has warned against the impact of a no-deal Brexit, saying production in the UK could grind to a halt.Abe added: “I truly hope that the negative impact of Brexit to the global economy, including Japanese businesses, will be minimised.”His comments come after European Commission head Jean-Claude Juncker expressed optimism that a Brexit deal might be reached by November.Read more: Juncker signals optimism for agreement on Brexit deal”I think we need to refrain from this scenario of a no-deal,” he said over the weekend. “That would not be good for the UK as it is for the rest of the union.””I have reason to think that the rapprochement potential between both sides has increased in recent days. But it can not be foreseen whether we will finish in October. If not, we’ll do it in November,” he added. last_img read more

Swiss bank UBS ahead of market expectations in third quarter results

first_imgThursday 25 October 2018 8:37 am Swiss bank UBS ahead of market expectations in third quarter results More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPuffer fish snaps a selfie with lucky divernypost.comConnecticut man dies after crashing Harley into live bearnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Swiss banking giant UBS unveiled net profit of 1.246bn Swiss francs (£970m) for the third quarter of 2018, beating analysts expectations. “Notable strong performance was observed at the investment bank, where operating profit increased by 75 per cent on strong revenue growth in equities (plus 15 per cent) and foreign exchange, rates and credit (plus 30 per cent).“We note that its outlook statement remains understandably cautious as ongoing geopolitical uncertainties will weigh on investor sentiment and confidence. That said, we raise our call to buy as its shares are trading at an undemanding valuation.” Tags: UBS whatsapp center_img whatsapp James Booth Read more: UBS veteran James Palmer appointed EMEA investment bank vice chairmanUBS said it planned to increase pre-tax profits in its wealth management business by 10-15 per cent between 2019 and 2021.It hopes to achieve this by targeting growth in the Americas and Asia Pacific.“Expansion in the American ultra-high net worth segment alone is expected to contribute significant net new money over the next three years,” it said.CFRA equity analyst Firdaus Ibrahim said it was a “strong quarter” for the Swiss bank. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBetterBe20 Stunning Female AthletesBetterBeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USADaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute Workoutzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comWTFactsHe Used To Be Handsome In 81s Now It’s Hard To Look At HimWTFactsNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteabley The results amounted to a 32 per cent jump in third quarter earnings, beating the consensus expectation of 993m Swiss francs.Read more: Former UBS trader Adoboli nears deportation as judge denies judicial reviewIn the year-to-date net profit stands at 4.044bn Swiss francs, up from 3.389bn Swiss francs at the same stage last year.Global economic growth prospects and monetary policy normalisation continue to provide a supportive backdrop to our business, although ongoing geopolitical tensions, rising protectionism and trade disputes have further dampened investor sentiment and confidence,” the bank said.“We expect these latter trends to continue to impact global wealth management clients’ transaction activity in the fourth quarter; however, moderately increased levels of volatility and volumes are generally positive for our institutional business in the investment bank.” Sharelast_img read more

Flipkart chief executive Binny Bansal resigns after misconduct investigation

first_img whatsapp Flipkart chief executive Binny Bansal resigns after misconduct investigation James Warrington whatsapp The chief executive of Indian online store Flipkart resigned today following an investigation into an allegation of “serious” personal misconduct.Binny Bansal, who co-founded the online retailer in 2007, denies the allegation, but has stepped down as the company said the claim risked becoming a distraction. Walmart has a 77 per cent stake in the company, which cost the US retail giant $16bn (£12.4bn) in May 2018. Flipkart added: “As we look ahead, we have full confidence in the strength and depth of leadership across the company.“We remain committed to investing for the long-term and are supportive of the leadership team’s desire to evolve into a publicly-traded company in the future.” Bansal’s departure comes after Flipkart carried out an independent investigation with Walmart, which bought a majority stake in the Indian company for $16bn (£12.4bn) in May.The investigation did not find evidence to corroborate the allegation but “it did reveal other lapses in judgement, particularly a lack of transparency” about Bansal’s reaction to the situation, the companies said.“Because of this, we have accepted his decision to resign.”Flipkart said it had already been preparing a successor to Bansal, who it said has been considering leaving the company for some time.The company said these plans would now be accelerated, while fellow chief executive Kalyan Krishnamurthy will continue in his role.center_img Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastUndoLearn It WiseColleagues Find Woman’s Bikini Photos Inappropriate, Give Her UltimatumLearn It WiseUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableyUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoInteresticleMan Finds Wierd Cave In Scottsdale, Enters And Drops To His KneesInteresticleUndo More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comConnecticut man dies after crashing Harley into live bearnypost.com Tags: Trading Archive Share Tuesday 13 November 2018 5:21 pmlast_img read more

Paragon gets tough on property valuation to mitigate against Brexit concerns

first_img whatsapp Jessica Clark “In the last year we have made great strides in our strategy to become a leading UK based specialist banking group. A combination of new start-up ventures and acquisitions means we now offer an increasingly broad range of products, supporting British savers, homeowners, landlords, consumers and small businesses.”The restructuring of our business last year enabled us to improve the efficiency of the allocation of our resources and capital. The broadening of our product rand, coupled with our strong asset quality, leaves us well placed to deliver further targeted growth in the years ahead.”  whatsapp Paragon gets tough on property valuation to mitigate against Brexit concerns The company said in a statement: “The impact of a potential economic downturn, whether as a result of the Brexit process or otherwise, remains an area of focus across all lending markets.“The Group seeks to mitigate its exposure to such conditions through a robust approach to property valuation, employing an experienced in-house property team who undertake around two thirds of valuations and conduct validation work on 100 per cent of valuations performed by third party surveyors.”The decision was revealed in the bank’s final results this morning as it reported a 7.8 per cent increase in underlying profit before tax to £156.5m and boosted its dividend per share by 23.6 per cent to 19.4p.Mortgage lending was up 10.8 per cent to £1.62bn and the buy-to-let lending pipeline increase 28.9 per cent to £778.9m.Paragon chief executive Nigel Terrington said: “We have delivered another strong financial performance, with increased profits driven by broader lending growth and enhanced margins, whilst maintaining our high credit standards. More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Tags: Trading Archive Wednesday 21 November 2018 11:38 am Share UK bank Paragon will take a “robust approach” to property valuation to mitigate against a potential economic downturn following Brexit, it announced today.The FTSE 250 lender said it has strengthened an in-house property team that conducts two thirds of valuations and validates all valuations undertaken by third party surveyors. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoFinance Wealth PostTom Selleck’s Daughter Is Probably The Prettiest Woman To Ever ExistFinance Wealth PostUndoTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastUndoScientific MirrorLily From The AT&T Ads Is Causing A Stir For One ReasonScientific MirrorUndoLearn It WiseColleagues Find Woman’s Bikini Photos Inappropriate, Give Her UltimatumLearn It WiseUndoGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndolast_img read more

Brexit may shake up the jobs market, so get your CV in shape now

first_imgThursday 6 December 2018 12:42 pm whatsapp When your profile is 100 per cent complete, you’ll appear far higher up on search shortlists – studies suggest that you receive 40 per cent more approaches because of it.Polish your profile until it sparkles. It needs to be professional, likeable, approachable, and enjoyable to read. A common mistake is to think that a an old photograph that you have lying around is sufficient. It’s not. Use a professional-looking headshot (maybe ask a friend with a half decent camera) against a neutral background.Use all 120 characters of the headline under your name, include your target role and a reference to “currently seeking new opportunities”. Recruiters frequently search for these keywords.Make your motivations, personality, and major achievements engaging. Don’t be boring. And double-check your profile for typos – a cardinal sin.Revamp your CVIn this rarefied pre-Brexit atmosphere, the jobs market is more competitive than ever. Fight back with a slick CV, which should be tweaked for each job. Approach recruitment agencies, look on LinkedIn for jobs where employers are advertising directly, and register with the best job boards.Recruiters are searching all the time to find the best candidates. Present yourself brilliantly – and the best post-Brexit job could be yours. Victoria McLean So if you’re worried about redundancy, or you just want to escape the confusion and get a new job, now is the time to get your career strategy in shape. Here are my top tips.Be positiveIf you’re asked about redundancy in interviews, don’t sound like a victim, or worse, angry and bitter. Deal with it.Act as if you’re a valuable asset, because you are, and never feel embarrassed about redundancy. Say it out loud: “The experience has been character building and a great opportunity for bringing positive change.”Be a spin doctor. Devise a narrative that’s truthful and puts you in a professional, positive light.Spin your LinkedInLinkedIn is very effective in circulating your availability to headhunters and recruiters. Don’t be shy – go public with your availability, and make sure that the right people know. Tags: Brexit Company Goldman Sachs Hunting LinkedIn More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp We are less than four months away from when the UK is officially meant to leave the EU, but there’s still confusion and much negotiation to be done before we find out exactly what impact Brexit will have on the City.Jobs are already crossing the Channel – JP Morgan, Goldman Sachs, Lloyds and more have launched subsidiaries elsewhere in Europe as the various negotiation deadlines loom. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableymoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.cominvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.combonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.com Brexit may shake up the jobs market, so get your CV in shape now Pack it with keywords relevant to the job to get past the Applicant Tracking System software that most recruiters use – if you don’t, it’ll never reach a human being.Remember, your CV shouldn’t just list every single job that you’ve ever had. It’s a marketing brochure that should demonstrate what value you’re going to add to a business. Use your own achievements as examples, focusing on commercial impact. Always quantify outcomes where possible.Brevity and clarity are essential – keep it to two pages.Go to the best recruitersTo many recruiters, you’re a meal ticket – this has been drummed into them in by managers who make the sergeant from Full Metal Jacket look like the teacher from Good Will Hunting. I know – I used to be one.Nevertheless, always be professional with a recruiter. They may be informal, late, or even bored, but don’t let your own standards slip. They’re assessing how you’ll perform for their clients – if you don’t present brilliantly, they won’t send you to an interview. Sharelast_img read more