Lloyds Bank faces legal action over equal pensions for men and women August 8, 2016 A trade union at Lloyds Bank is undertaking legal action to address the pension pay gap between men and women. The case could set a precedent for other companies, potentially costing them over £13bn, the FT has reported. Read more: Lloyds Banking Group to cull a further 3,000 jobs Lloyds Trade Union has described the gap [...]
City A.M. Unregulated podcast: Property entrepreneur Rob Moore on the joys of being disruptive August 8, 2016 Uber's Travis Kalanick has done it. Amazon's Jeff Bezos did it two decades ago. Tesla's Elon Musk does it on a regular basis. This week property entrepreneur Rob Moore, host of the Disruptive Entrepreneur podcast, takes on the topic of disruption. He tells us the story of his failure and subsequent success – and why despite everything, [...]
Lex Deak talks mums on Facebook, setting up a hotel in Marrakech, Dragons’ Den and bitcoin August 8, 2016 I never really considered working for someone else. At 12, I was buying electronics in bulk and selling them at school and via Loot.” This was the start of a fascination with business for serial entrepreneur Lex Deak. Most recently, the 33 year-old launched OFF3R, an aggregator for alternative finance deals. The year before that – [...]
Fintech founders choose their favourite business books August 8, 2016 Stuck for what to read this summer and want to use the time improving your business acumen? City A.M. has asked five of London’s leading fintech founders what they’d recommend. Hiroki Takeuchi, co-founder of GoCardless, the online direct debit provider Five dysfunctions of teams, by Patrick Lencioni I love books that introduce me to [...]
Meetings in the mud: Can you work from a festival? August 5, 2016 Do you like to listen to music while you work? Listening to Spotify in the office is one thing, but what about answering emails at a festival? As more and more businesses embrace the agile, flexible working culture, more employees are free to work from their location of choice. But is it really acceptable to [...]
How to cure “always on” staff burnout? Take a leaf out of nineteenth-century Cadbury’s book August 4, 2016 The modern workforce has become accustomed to putting in long hours. Created by years of employment uncertainty, born out of the 2008 financial crisis, and fuelled recently by the great unknown of a looming Brexit, “presenteeism” has become a mainstay of the British employee. Research last week by Concur shows that, thanks to the rise of [...]
What does your gender pay gap say about your business? August 3, 2016 Despite a tumultuous time in recent weeks dominated by the EU referendum, the gender pay gap is still very much on employers' minds. It's an issue that companies can't continue to ignore – and not just because of growing public scrutiny. Employees will increasingly look at published gender pay gap data to reveal a company's [...]
Seven ways that pressure can help you at work: You just need to harness it August 3, 2016 Pressure is a constant in our lives. The pressure to hit a deadline, deliver a speech, secure a promotion – they are all challenges we need to meet. Like a footballer taking a penalty or a golfer making a putt, how we respond to pressure defines us at work, and is often what takes us beyond [...]
These are the UK’s 10 best-paid jobs for graduates August 3, 2016 Graduate analysts have the highest paying roles of all graduates with a starting salary of £34,366, well over the UK’s national average of £27,000. According to the latest report by Glassdoor, other jobs in the top three include consultants who are paid an average of £28,891 and software engineers who are paid £28,370. The UK's [...]
Meet the most influential British innovator in the world August 2, 2016 Demis Hassabis, the man who founded the multi-million pound artificial intelligence company acquired by Google, has been named the most influential British innovator in the world. DeepMind hit headlines in 2014 when it was bought by Google for £400m and this year did it again when its machine learning technology beat the world-leading player of the [...]