UK shoppers sticking with online shops despite restrictions relaxing June 29, 2021 Online e-commerce sales continued to grow in April, despite the reopening of non-essential retail across the UK. Demand for e-commerce packaging, a barometer for industry and sector performance, grew 11.7 per cent in April, despite brick-and-mortar shops reopening in the same month. This followed a 35.6 per cent increase in demand in the year up [...]
Yours too? 700m LinkedIn accounts allegedly for sale following data breach June 29, 2021 LinkedIn data of over 700m users has been exposed in a new data breach, according to multiple reports. LinkedIn has a total of 756m users, which means that the data of more than 92 percent of its users has been compromised in this new breach. The new dataset obtained by an unknown hacker is said to [...]
Get fit for your next career move June 29, 2021 | Sponsored From an online quiz to an expert-led webinar and one-to-one consultations, Henley Business School has all the resources you need for a proper career workout The past 15 months have been a wake-up call to workers. More of us than ever are looking for either career progression, a total career change or a side-step into [...]
Three exciting jobs in London right now June 29, 2021 After what feels like a lifetime of lockdowns, restrictions and hitting pause on life, things are slowly returning to normal. And frankly, we couldn’t be happier. During this global pandemic, countless businesses all over the world introduced hiring freezes, furlough schemes and had to make some tough decisions. But there has been a shift, and [...]
5 Myths about Women and Investing June 29, 2021 | City Talk I recently participated in a lively podcast with two fellow women in investing, Jane Barratt, who is chief advocacy officer of the fintech MX, and Meredith Jones, author of ‘Women of The Street: Why Female Money Managers Generate Higher Returns’. Our conversation, hosted by alternative investment platform YieldStreet, explored some of the misconceptions about women and investing. These are abridged [...]
UK credit score giant Clearscore heading for unicorn status after $200m Invus injection June 24, 2021 Clearscore, a free-to-use credit check company based in London, has reportedly accepted a $200m (£144m) investment from US-based fund Invus Opportunities. As reported by Sky News, the deal values the company at $700m (£503m), placing it on track for unicorn valuation. The company plans to use the funding to grow its staff numbers, product offerings [...]
Impact investing is increasingly a buzzword in the City as millennial investors take over June 24, 2021 Impact investing, the strategy to make financial profits but create a long-standing, positive impact on our world, in the process, is becoming increasingly ‘a thing’ in the City and other financial hubs around the world. Many investors are hyper-aware of what is happening around them, with factors such as corporate social responsibility (CSR) making a [...]
Visa snaps up Swedish open banking platform Tink for €1.8bn June 24, 2021 Visa today said it has agreed to buy Swedish open banking platform Tink in a deal worth €1.8bn (£1.5bn). Tink, which was founded in 2012, enables financial institutions and fintech firms to develop financial products and services through access to data. The company is partnered with 3,400 banks and financial institutions, reaching millions of customers [...]
Fintech firm Wise to directly list on the London Stock Exchange in early July June 24, 2021 Fintech firm Wise has confirmed it will float on the London Stock Exchange with a direct listing, it said in a statement this morning. The payments group, formerly known as Transferwise, had previously made an announcement on 17 June of its expected intention to float. “Since announcing our expected intention to float last week, [...]
No Brexit hit: London remains world’s most important fintech hub outside the US June 23, 2021 A newly-published report has shown that London remains the second most active city in the world for fintech, behind San Francisco, but that the fintech space in the rest of the UK is expanding rapidly. London’s fintech space is primarily powered by its thriving ‘challenger bank’ sector, with Brexit and the pandemic having little impact [...]
