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BlackRock Q1 profit up 9% helped by ETFs inflows

BlackRock has reported a 9 per cent rise in net income in the first quarter of 2015 compared to the same period last year, helped by large inflows into its exchange-traded funds. Net income was £551m in the first quarter of 2015, up from £507m in the same period last year. The company saw $70.4bn […]

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Helen White: Firms need help with sick pay bill

Although the election campaign has only just officially begun, the de facto campaign feels like it got underway months ago. Over that time we have heard ad nauseam how each party will cut the deficit, whose cuts are fairer and who is better for business. The next government, whatever its hue, will have to prove […]

Easter starts early for rock music-loving economists

As the prospect of a four-day weekend loomed large last Thursday afternoon, WSJ suspects many of the nation’s workers let their thoughts drift to the impending 96-hour hiatus. But you would expect senior economists to be more resistant to such commonplace distractions. And yet as 5pm approached, PwC senior economic adviser and former Monetary Policy […]

Billy Burrows: The invisible force

According to a business associate of mine (and someone considering his own retirement options) “the sands have shifted since the pensions freedoms were announced”. Now they are here, he believes most rational people will work out the cash option is not that attractive considering the tax implications and the problem of where to reinvest it. […]

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