Klarna going ‘all in on AI’ to fuel super-app push August 21, 2023 Klarna is “going all in on AI” as it looks to push beyond its buy-now pay-later bread and butter and take on banks on cheap lending, its global chief said.
GAM calls on rebel investor to ‘accept the realities’ and back Liontrust takeover August 21, 2023 Swiss asset manager GAM has called on shareholders to “accept the realities” facing the firm today as it issued a rallying cry for investors to back its takeover by London rival Liontrust. Liontrust has faced a wave of resistance from shareholders since launching a £96m takeover swoop for GAM in May, with a group of [...]
No Degree? The Good News Is Skills-Based Hiring Is On The Rise August 17, 2023 | Sponsored While you might think education or experience are what hiring managers focus on when recruiting new candidates, skills and ability are more important. That’s according to a recent global study which found that 76% of employers are now using skills-based hiring to pinpoint talent. The reason for this is manifold: 91.2% of employers saw an [...]
Tech Workers Spend Less Than Half The Day On Focus Work August 17, 2023 | Sponsored A recent Blind study has revealed that 45% of tech workers spend less than four hours each day on “focused work”. Instead, they spend the rest of their time in meetings, fire-fighting and catching up on correspondence and admin tasks. While this lack of focus on high level tasks can impact career progression, especially if [...]
Who let the dogs out? St James’s Place tops list of poor performing ‘dog fund’ managers August 13, 2023 It seems the Baha Men’s 23-year-search for a canine-freeing culprit may finally be over. Who let the dogs out? It was money manager St James’s Place. The London-listed firm, which manages some £157.5bn for investors, currently manages £29.3bn in laggard funds and has seen four of its vehicles labelled as the biggest ‘dogs’ in the [...]
NS&I: Premium Bonds odds set to improve to best level in more than 15 years August 8, 2023 Premium Bonds odds will improve to the best level seen in more than 15 years from September, savings giant NS&I (National Savings and Investments) has announced. The odds will improve to 21,000 to one, from 22,000 to one previously – their best level since the April 2008 prize draw. NS&I estimates that there will be [...]
London nannies’ pay rises to £43,000 as parents fail to secure nursery places August 3, 2023 London parents are having to pay more for nannies because of a lack of nursery places, according to Nannytax, with salaries on average now at £43,000. The government has been urged by the firm to amend its “nonsensical” approach to childcare payments set out in the spring budget, with demand for nannies skyrocketing as early [...]
Body Doubling Is The New Workplace Productivity Hack August 3, 2023 | Sponsored Do you find it hard to start tasks, not to mention complete them on deadline? Studies show that roughly one in five people globally are textbook procrastinators, while a 2019 report found that 88% of the workforce tends to procrastinate for at least one hour a day. Most of us do it to some extent. [...]
Number of ‘Isa millionaires’ surges to more than 4,000 – triple from pre pandemic August 1, 2023 The number of “Isa millionaires” has surged to more than 4,000, according to HM Revenue & Customs (HMRC) figures. Some 4,070 savers were sitting on Isa pots worth more than £1 million, as of April 2021, according to the data, obtained following a freedom of information (FOI) request on behalf of financial services network the [...]
British businesses locked in disputes with HMRC over possible unpaid tax July 31, 2023 More than half of British mid-sized firms are locked in disputes with the taxman over potential unpaid tax, a sign of the troubles companies encounter when trying to navigate the UK’s complex web of levies. Some 61 per cent of 500 firms surveyed by consultancy BDO are embroiled in a tax dispute with HMRC. Tax [...]