UK life sciences to get a shot in the arm from a new £50m venture capital fund | City A.M. March 8, 2018 A brand new £50m venture capital fund launches today with a plan to invest in the UK’s flourishing life sciences sector. NCL Technology Ventures’ fund, which is backed by Kent County Council, will invest in high-growth small and medium-sized enterprises (SMEs) with a focus on game-changing medical technologies and advanced therapeutics. “Britain is an innovation [...]
Matches Fashion founder Ruth Chapman and Severn Trent CEO Liv Garfield named as nominees of Veuve Clicquot Business Woman Award March 8, 2018 The founder of Matches Fashion and the boss of Severn Trent have been named as the two nominees for the Veuve Clicquot Business Woman Award. Finalists Ruth Chapman and Liv Garfield were announced today to coincide with International Women’s Day. Christine Hodgson, member of the judging panel and chairman of Capgemini said: “Both women are [...]
The rest of the world must fill the void left by Donald Trump’s protectionism March 8, 2018 It has been a turbulent week for those of us who believe in international collaboration. Populist candidates have mopped up the votes in the Italian elections, and with the proposed introduction of US import tariffs on steel and aluminium and the resignation of Trump’s pro-trade economic adviser Gary Cohn, “America first” has successfully made the [...]
Institute of Directors chair Lady Barbara Judge “steps aside” after serious misconduct allegations March 8, 2018 The head of the influential Institute of Directors (IoD) has stepped down to battle serious allegations about her behaviour and conduct towards staff after a legal investigation launched by the lobby group, according to Sky News and the Times. A legal report commissioned by the business lobby group found Lady Barbara Judge prompted her to [...]
Anthony Watson: England not worrying about bonus point win in France to stop Ireland winning Six Nations March 7, 2018 England are not worrying about securing a bonus point win over France that could potentially stop Ireland winning the Six Nations this weekend, says winger Anthony Watson. The paceman insists England are only worrying about beating Les Bleus at the Stade de France on Saturday and not scoring four or more tries. If Ireland beat [...]
Deloitte and EY partners push gender pay gaps wider March 7, 2018 Deloitte and EY today updated their gender pay gap data to include partners’ salaries for the first time, in figures which shed light on a bigger difference in earnings between men and women than previously thought. Both of the “Big Four” accountants have bigger gaps when partners’ earnings are factored in, reflecting the greater number [...]
Arsene Wenger tells Arsenal players to remember how good they are as AC Milan lie in wait March 7, 2018 Arsenal boss Arsene Wenger has urged his players to remember how good they are as they prepare for their season-saving Europa League clash with AC Milan on Thursday. The Gunners head into their last-16 first leg showdown at a sold-out San Siro in disastrous form, having lost four successive matches and eight from 13 all [...]
EU markets regulator ESMA finally releases long-delayed list of stocks affected by Mifid II dark pool volume cap March 7, 2018 The European markets regulator has finally released a long-delayed list of stocks which will be affected by the Mifid II cap on “dark pool” trading, covering the shares of some of the biggest household names across Europe. If more than four per cent of stocks are traded “in the dark” on any particular venue on [...]
Ryanair “not planning any stunts” to force voter rethink on Brexit March 7, 2018 Ryanair has said it will not ground flights after the UK leaves the European Union despite suggestions that Michael O’Leary was prepared to take a dramatic stance to change voters’ minds. Speaking to City A.M., chief marketing officer Kenny Jacobs confirmed the air carrier would not be grounding flights in April 2019 but warned there [...]
UK pension liabilities hit £7.6 trillion March 7, 2018 Pension liabilities in the UK grew to a massive £7.6 trillion by the end of 2015, new government data has revealed. Data published today by the Office for National Statistics revealed that the gross pension liability deficit of UK pension providers grew by £1 trillion between 2010 and 2015. Read more: Pension planning is more [...]