Linstock’s Friday Takeaway – 30 September 2016

“Members of the Linstock team will be attending this year’s Conservative Party Conference.”

In the News

Good Week: London
Mayor of London Sadiq Khan has unveiled the 11th Fourth Plinth artwork, a sculpture in the shape of a giant thumbs-up, in Trafalgar Square. The statue, titled ‘Really Good,’ was created by David Shrigley, a former Turner Prize nominee known for his opinionated and controversial artwork. According to Khan, it represents optimism and positivity, alluding to the idea of London being an open and welcoming city – a message that the Mayor is keen to promote following the UK’s vote to leave the European Union.

Bad Week: Diversity
A survey of IT directors conducted by recruitment firm Robert Half shows that women are struggling to progress in the IT industry. 54 per cent of respondents felt that women faced significant hurdles in challenging stereotypes, while 57 per cent have found it difficult to prove their competence and expertise. IT directors also expressed concerns about the gender split in the future, stating that men are likely to continue to hold most leadership roles across the industry.

Good Week: Consumers
GfK, a market research institute, has revealed that people in Britain are feeling just as optimistic about the state of the UK economy as they were before the EU referendum. Despite increasing uncertainty around the UK’s future relationship with the European Union, the overall score for consumer confidence calculated by GfK is minus 1, up from minus 7 in August and minus 33 in July. A spokesperson from the institute cited rising employment, low interest rates and higher wages as reasons to why people are spending more.

Bad Week: Sam Allardyce
Sam Allardyce was forced to resign from his position as England Football Manager after being caught, in an investigation by the Telegraph, advising supposed investors on how to get around Football Association rules on third-party ownership. Reacting to news of Allardyce’s resignation, just 67 days into his reign, former England captain Alan Shearer labelled English football as the laughing stock of the world. Commentators have questioned the culture of greed associated with the UK sport and the implications this may have on the reputation of English football.

Client News

Newcastle University will be holding a panel event at the Conservative Party Conference next week titled, ‘Healing the North-South divide in a post-Brexit world.’ The event explores the implications of Brexit for regional policy and the role of devolution in empowering local communities to shape the areas in which they live and work.

Balazs Szent-Ivanyi, Deputy Director of the Aston Centre for Europe at Aston University, featured in The Conversation discussing the implications of Brexit for Britain. According to the academic, Brexit threatens the UK’s reputation as an agenda-setter for foreign aid.

Coming Up

Members of the Linstock team will be attending this year’s Conservative Party Conference.