BSCC member Schroders are committing to looking beyond profit in their investments. The firm believes that the way we direct capital can not only shape financial returns but also can change the world. Sustainable companies are now some of the most resilient and best placed for future growth - thus further justifying the mutual benefits for investing in sustainability. Schroders are measuring a company’s environmental and societal impact through their ...

BSCC Patron member TMF Group has been championed as the ‘Best Fund Administrator’ at the Private Equity Wire European Awards 2021 in partnership with Bloomberg. The Awards recognise leadership and excellence among some of the continent’s best private equity fund managers and service providers. TMF specifically won in the ‘GPs with assets <$30bn‘ category and this success came not long before they were then later awarded ‘Corporate Services Provider of ...

PM Confirms Reopening Following a scheduled review into the upcoming reopening of the UK economy: PM Johnson has concluded that further easing of COVID restrictions will commence on the 12th of April. This signals the return of ‘non-essential’ retail and outdoor hospitality which will come as welcome news to the nations pub-goers. The public can also expect hairdressers, nail salons, theme parks, zoos, gyms, leisure centres and life events (including weddings) ...

Tech Tax In the April, of 2020, the UK Government introduced a new 2% ‘tech tax’ on the revenues of search engines, social media platforms and online marketplaces which “derive value from UK users”. However, on Monday (29th March 2021) the US warned of tariffs being introduced to counter this impact with some British-made products potentially facing tariffs of up to 25%. UK ceramics and overcoats have both been identified as ...

BSCC Patron member Barclays has established a new European hub in Dublin as the almost 350 year-old British bank looks to capture a larger share of the EU’s desirable wealth business. The target for this expansion will be the continent’s ultra-high-net-worth which focuses on clients with investable assets of circa $100m. Barclays has already achieved success in their existing private banking wealth management hubs in Monaco, Switzerland and Ireland with ...

Economic Outlook The Bank of England (BoE) has warned that the UK’s economic outlook is “unusually uncertain” even with the rapid vaccine rollout. A focus on how the pandemic evolves in the coming months will be a top priority and the maintained interest rates at 0.1% for March has highlighted this lack of clarity. Some analysts have also noted that the BoE may be reluctant to raise interest rates as their ...

BSCC Patron member Essity have published their ‘Annual and Sustainability Report 2020’ which follows on from the company’s mission statement: to sustainably develop, produce, market and sell value-added products and services within hygiene and health. This is being achieved by striving for 100% recyclability of all brand packaging (including TORK, TENA and Lotus) and sourcing fresh fiber from certified wood-based supply chains. The company’s 46,000 employees, representing sales of 121,752 ...