Despite the fact that August is a period of reboot and time for sun-filled holidays, while the Olympic Games in Rio seemed to be the highlight of the month with everyone talking about the world’s top athletes trying to bring an Olympic medal to their country, it definitely hasn’t been a month that’s been lacking financial news from across the globe. With the end of summer and August, we have now reached the true midway point of the year, which will very soon bring us Q2- end figures.
You cannot look at the news these days without reading something about Brexit and its implications. This month Finance Monthly reached to Michael McDowell from Grow Advisors who tells us what will happen to the FinTech sector when Britain leaves the European Union and how despite the number of negative impacts of Brexit, the technology-related areas are in fact the ones that could benefit from the UK leaving the bloc. Also in this month’s edition, we have a feature from Patrick Reinmoeller, a Professor of Strategic Management in the Cranfield School of Management, who offers useful advice to CFOs and financial leaders in regards to margin managing.
Speaking about financial leaders, we also present you an exclusive insight from Waqas Butt – the financial director of Diversity Travel – a multi-award-winning independent travel management company that provides services for those in the charity, academic and not for profit sectors. We also speak to Simon Underwood from Menzies LLP who talks us through the proposed changes in insolvency legislation and what could those amendments mean for UK businesses.
I hope you enjoy reading the August edition of Finance Monthly as much I have enjoyed putting it together – I look forward to bringing you next month’s collection of financial news and trends from around the world!