Cash is being rapidly dethroned as increasing numbers of countries focus on digitalizing their economies. Scandinavian countries are leading the way – with Denmark seeking to be cashless by 2030. Denmark’s central bank has already stopped manufacturing physical money and around a third of the nation’s population already uses Danske Bank’s mobile payment system. Even […]
13th November 2015 marked a day filled with loss and devastation for many Parisians. As following many past terror incidents, finance professionals cautiously watched Eurozone markets open, speculating over the immediate market impact of the attacks. Historical studies on terrorism’s economic effect generally conclude that ‘after an initial drop, the innate resilience of consumers and […]
Last month the Davies report suggested a voluntary target of women holding 33% of FTSE 350 senior executive roles by 2020. However, it is important to address female leadership beyond large corporations. Government statistics reveal under 20% of SMEs are female-led. A plethora of studies prove women in senior positions in large companies improve performance, and now evidence suggests […]
The recent struggles of Britain’s ‘Big Four’ supermarkets have been widely recognized. A fierce pricing war has emerged from the influx of budget brands like Aldi in the UK, forcing extreme cuts to operating costs of mid-market stores. Suppliers are squeezed, quality is compromised and customer service suffers. Traditional sprawling superstores are being questioned as […]
