Linstock’s Friday Takeaway – 15 July 2016

“Junior Consultant Matt Dickinson featured in the PRCA newsroom discussing the importance of thought leadership in B2B marketing.”

In the News

Good Week: Theresa May
Theresa May has announced an unexpected cabinet after taking office as the UK’s new Prime Minister and Conservative leader. Reported as one of the biggest reshuffles in 60 years, the new cabinet has received both praise and scrutiny in the past 24 hours particularly as Brexiteer Boris Johnson takes the role of the new Foreign Secretary. Commentators early on in the week suggested that the former Home Secretary would be selecting a female dominated cabinet. May has struck a balance between male, female, Eurosceptic and pro-EU MPs that has pleased advocates for women in leadership as well as both sides of the EU debate. The nation can only hope that her appointments will deliver political stability following the EU referendum.

Good Week: First time buyers
A survey by the Royal Institution of Chartered Surveyors (RICS) reveals that house prices are expected to fall across the UK over the next 3 months. The survey, which reflects housing market sentiment among the institution’s members, found that in the wake of the recent EU referendum a net balance of 45% more surveyors saw a fall rather than an increase in homes being put on the market during June – the sharpest fall that RICS has recorded since 1998. According to RICS Chief Economist Simon Rubinsohn, more first time buyers, particularly in London and East Anglia, are expected to step on the property ladder as a result.

Bad Week: George Osborne
George Osborne has been removed from his position as Chancellor of the Exchequer by new Prime Minister Theresa May. His departure from the cabinet has sparked debate around his legacy and achievements in the past 6 years. The verdict across the media appears to be that Osborne has done more harm than good for the UK economy. Following years of tough fiscal policies that have been perceived to only punish the poor and reward the rich, all eyes will be on his successor Phillip Hammond to see what approach he will take to prevent an economic downturn.

Bad Week: Labour Party
According to a recent poll by Ipsos Mori, two out of three Britons believe Labour needs a new leader before the next general election. The poll also reveals that public support for Jeremy Corbyn has dropped significantly with 66 per cent of voters wanting him gone, yet the Labour Leader refuses to budge. The decision to guarantee Corbyn a place on the leadership ballot has led to a legal challenge from former parliamentary candidate Michael Foster who aims to overturn the ruling made by Labour’s governing body. With a divided party and unsettled voters, Corbyn’s challenge is persuading the public and politicians that he’s the right person for the job.

Client news

The latest findings from Grant Thornton’s International Business Report (IBR) were published in the Financial Times and Wall Street Journal. The new research highlights how businesses across the Americas and Europe are too dependent on domestic consumer spending for growth.

Retirement Advantage Equity Release’s response to Santander and L&G’s lifetime mortgage partnership was covered by Mortgage Introducer. Product and Communications Manager Alice Watson argues the move further cements the industry’s place in mainstream retirement finance.

Newcastle University has appointed their new Vice Chancellor. Congratulations to Chris Day, Newcastle’s pro vice-chancellor for the Faculty of Medical Sciences, who will begin his term of office in early January.

A report commissioned by Big Society Capital, an independent financial institution, was launched this week in the House of Lords. The report explores how public procurement processes for the Work and Health programme can be improved.

Linstock news

Junior Consultant Matt Dickinson featured in the PRCA newsroom discussing the importance of thought leadership in B2B marketing. Dickinson highlights the 5 key aspects of successful thought leadership in order to differentiate brands, increase share of industry voice and open up commercial conversations with prospects: ‘Forget silly season and think long-term with 5 keys to good thought leadership’

Exciting news for Linstock as we welcome a new Senior Consultant. Jessie Nicholls, who will be joining Linstock next week, has a strong track record in research led communications and campaigning and will be a great asset to the team.

Coming up

We’ll be attending an event hosted by the PRCA Education Group to explore the role of communications in Higher Education.