{"componentChunkName":"component---src-templates-post-js","path":"/advisers-giving-random-recommendations/","result":{"data":{"ghostPost":{"id":"Ghost__Post__60af63a7fcd600003bbc876c","title":"Advisers giving “random” recommendations?","slug":"advisers-giving-random-recommendations","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/05/452.png","excerpt":"Plus: hospitality’s on a hiring spree, Pets at Home revenues boom, and Uber drivers get union representation.","custom_excerpt":"Plus: hospitality’s on a hiring spree, Pets at Home revenues boom, and Uber drivers get union representation.","created_at_pretty":"27 May, 2021","published_at_pretty":"27 May, 2021","updated_at_pretty":"09 June, 2021","created_at":"2021-05-27T09:17:27.000+00:00","published_at":"2021-05-27T09:24:48.000+00:00","updated_at":"2021-06-09T15:50:57.000+00:00","meta_title":"Advisers giving “random” recommendations?","meta_description":"Plus: hospitality’s on a hiring spree, Pets at Home revenues boom, and Uber drivers get union representation.","og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"Random advice\nIf a financial adviser skips lunch, it could affect what they tell you\n[https://inews.co.uk/inews-lifestyle/money/investing/what-did-your-adviser-have-for-breakfast-it-could-affect-where-they-tell-you-to-invest-1018110] \nto do with your money. Research by Oxford Risk found that a group of advisers\ngave wildly different advice to the same hypothetical client, based on factors\nlike their mood, time since their last meal, and the weather. Also, advisers who\nare married or who went to uni are more likely to recommend lower risk\ninvestments.\n\nHospitality hiring spree\nHotels, bars, and restaurants are taking on new staff\n[https://news.sky.com/story/consumer-facing-jobs-grow-at-fastest-pace-for-more-than-five-years-on-rebound-hopes-12317996] \nat the fastest rate since 2015, according to a survey by the Confederation of\nBritish Industry. The services sector, which also include accountancy and legal\nfirms, makes up almost 80% of the UK’s output. Companies are optimistic about\nthe next few months, as the economy begins its predicted bounceback from the\ncoronavirus recession.\n\nPet boom\nPets at Home revenue jumped 8% in the last year,\n[https://www.cityam.com/sales-at-pets-at-home-boom-as-brits-buy-furry-companions/] \nas locked down Brits turned to animals for comfort. Pet sales soared among\npeople working from home, with many looking for ways to avoid loneliness, reduce\nstress, and get out for walkies.\n\nUber drivers unionise\nUber will now recognise the GMB Union\n[https://www.reuters.com/business/sustainable-business/ubers-uk-drivers-gain-collective-bargaining-with-union-recognition-2021-05-26/]\n, allowing it to represent and negotiate on behalf of its 70,000 drivers.\nThey’ll have quarterly meetings on issues such as pay, pensions, and safety.\nUber has a long history of disputes with unions, but says it puts drivers first.\nIn March, drivers gained workers’ rights following a Supreme Court ruling.","html":"

Random advice

If a financial adviser skips lunch, it could affect what they tell you to do with your money. Research by Oxford Risk found that a group of advisers gave wildly different advice to the same hypothetical client, based on factors like their mood, time since their last meal, and the weather. Also, advisers who are married or who went to uni are more likely to recommend lower risk investments.

Hospitality hiring spree

Hotels, bars, and restaurants are taking on new staff at the fastest rate since 2015, according to a survey by the Confederation of British Industry. The services sector, which also include accountancy and legal firms, makes up almost 80% of the UK’s output. Companies are optimistic about the next few months, as the economy begins its predicted bounceback from the coronavirus recession.

Pet boom

Pets at Home revenue jumped 8% in the last year, as locked down Brits turned to animals for comfort. Pet sales soared among people working from home, with many looking for ways to avoid loneliness, reduce stress, and get out for walkies.

Uber drivers unionise

Uber will now recognise the GMB Union, allowing it to represent and negotiate on behalf of its 70,000 drivers. They’ll have quarterly meetings on issues such as pay, pensions, and safety. Uber has a long history of disputes with unions, but says it puts drivers first. In March, drivers gained workers’ rights following a Supreme Court ruling.

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