Many company bosses and boards have not helped themselves in this context by being slow to react.
Financial services companies based in the UK are compelled by Brexit to work with government to stave off the very real threat of reduced access to the single market. But they also need to think about their contingency plans: managing the issues of staff relocation and articulating a confident vision for success in the changed environment. Uncertainty is a business cost.
European markets opened sharply lower this morning, with the FTSE 100 index plunging by over 8 per cent and particular pressure on banking stocks with investors worried about financial stability. Sterling - which can be traded at any time - crashed by a massive 11 per cent against the dollar overnight to its lowest level since the mid-80s.
Financial communications specialist Louise Mason has joined Portland as a Partner. Building on Portland’s existing work in the field, Louise will bring substantial experience of financial communications advice on M&A transactions including IPOs, secondary capital raisings, takeovers and privatisations as well as financial calendar and business strategy communications. Louise commented on her appointment: “I feel […]
Like it or not, many US imports have successfully infiltrated this side of the Atlantic. But for the banks in this country and those who seek to regulate them, it is the Americanisation of corporate criminal justice that could prove to be the most significant. At the end of last year UK regulators, together with […]
Despite expectations to the contrary, the Chancellor, George Osborne, was able to present an Autumn Statement with a budget deficit that continued to fall, even though he had only achieved half of what he’d expected back in 2010. With the economic recovery now well established and a general election due in May he was keen […]
Measurement and evaluation