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Brexit - What are the investors doing?

24th June 2016
Private investors are seeing this morning’s market falls as a buying opportunity. 80% of the trades placed through Hargreaves Lansdown’s share dealing service this morning were purchases. This compares to around 60% on an average day. Senior Analyst at Hargreaves Lansdown, Laith Khalaf commented: ‘Private investors are clearly seeing today’s market fall as a buying […]
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EU Referendum: PwC comments on banking sector impact

24th June 2016
Hours after the EU Referundum results were revealed, UK Head of Banking and Capital Markets at PwC Simon Hunt comments on the impact that Brexit will have on the banking sector in the country. The UK is one of the world’s leading financial centres. The banking sector plays a major part in generating exports of […]
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Bye Bye EU: UK Votes Brexit

24th June 2016
After a night of counting the votes, it was revealed at exactly 06:00 BST this morning that Britain had voted to leave the EU. Prime Minister David Cameron has announced that he is stepping down by October, saying: “I fought this campaign in the only way I know how – which is to say directly […]
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The Day Has Come: The UK's EU Referendum

23rd June 2016
British citizens go to the polls today voting in a historic referendum which will decide Britain’s future. According to provisional figures from the Electoral Commission, 46, 499, 537 people are entitled to take part in today’s referendum in the UK and Gibraltar – the highest number of voters ever recorded for a UK election. Polling […]
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CLIA has published its annual European Economic Contribution Report

21st June 2016
Cruise Lines International Association (CLIA) has published its annual European Economic Contribution Report, revealing that the cruise industry is now worth €3.26 billion (£2.58 billion) per year to the UK economy.  The cruise industry’s direct contribution to the British economy including items such as goods and services purchased by cruise lines and the salaries of […]
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New £5 banknote to be unveiled

17th June 2016
The final design for the new Bank of England £5 note, which will enter circulation in September, will feature the image of Sir Winston Churchill. The new note will be made of plastic rather than cotton paper, which is believed to be cleaner, more durable and harder to counterfeit than the current cotton paper banknotes. […]
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Asia’s FinTech Funding hitting new high in Q1’16

16th June 2016
According to the Pulse of FinTech, the quarterly global report on FinTech VC trends published jointly by KPMG International and CB Insights, Asia’s FinTech funding has risen to US$2.6b in the first quarter of 2016. Following a significant pullback in funding in Q4’15, mega-rounds lifted quarterly investment into VC-backed FinTech companies by over 150%. Global […]
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Synechron Digital Innovation Centre launches in London

15th June 2016
In an attempt to give companies the ability to experience how technology is transforming the financial world and how it can be deployed to solve critical business issues, an ultra-modern innovation centre has recently opened its doors  in central London. Dedicated to next generation banking and finance, the state-of–the-art centre was launched by Synechron Inc. […]
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Eurozone unlocked €10.3bn bailout loan for Greece

14th June 2016
Following talks in Brussels, the Greek government has agreed to unlock a further €10.3bn (£7.8bn) in loans from its international creditors, who have also agreed on easing the debt burden of Greece which totals €321bn (£245bn) - worth 180% of the country’s annual economic output. The tranche of bailout funds will be split into two […]
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European Central Bank June policy meeting

13th June 2016
The European Central Bank has announced its June policies, which include leaving interest rates unchanged and hinting at further action if inflation fails to improve. President Mario Draghi said at a press conference that external shocks, such as a possible exit from the EU for Britain, would affect the market negatively and he recommends that […]
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Internet For All: A Key Initiative for Africa’s Digital Transformation

10th June 2016
Efforts to extend the reach of the internet to the 4 billion people worldwide that are not yet connected will only succeed if a digital ecosystem approach is adopted where access, affordability, skills and content are given equal attention, according to a new World Economic Forum-led initiative, Internet For All, whose key learning and best […]
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To Address Infrastructure Needs Africa Must Tap International Capital

9th June 2016
Local communities must be involved in infrastructure development at every step of the way, said Cyril M. Ramaphosa, Deputy President of South Africa. Infrastructure is for the betterment of people’s lives and is important that they feel a sense of ownership by being given full opportunity to benefit from the construction and from eventual delivery, he […]
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