UK wealth management fund True Potential eyes $2bn US Spac float June 18, 2021 UK wealth management fund True Potential is eyeing a potential $2bn Spac listing in the US, according to reports, snubbing the London Stock Exchange for Wall Street. Credit Suisse’s US bankers have tabled plans to merge the management fund with a special purpose acquisition company, the Evening Standard first reported. Working with nearly 20 per [...]
Sunak says pensions triple lock remains government policy as he faces £4bn bill June 17, 2021 Chancellor Rishi Sunak has said the triple lock on pensions remains government policy after it emerged that he may have to spend £4bn more on pensioners from next year if he sticks to the pledge. Sunak was grilled on the issue in an interview with GB News, after ONS data published earlier in the week [...]
Change Starts Together June 16, 2021 | Sponsored The Lord Mayor’s appeal has launched a new storytelling campaign ‘Change Starts Together’ which aims to tackle the pressing issue of social mobility. Right now, Social Mobility has become a timely and important issue, as we see the huge impact the pandemic has had on those from lower socio-economic backgrounds. According to the Social Mobility [...]
Taking Pride in global best practice – indexes matter June 16, 2021 | Sponsored DiverCity® Podcast · The importance of benchmarking, indexes and global business conduct standards Positive change can be challenging, and with that comes uncertainty around how best to put diversity and inclusion (D&I) workplace strategies into practice. Tools such as equality indexes can help to make genuine and meaningful changes by holding companies to account, tracking [...]
Q&A: the end of big oil? June 16, 2021 | City Talk Our “in the news” series focuses on recent dramatic events in the energy industry as oil majors were held to account over climate change. We explain what’s happened and how Schroders acted on behalf of clients. The oil industry last week faced a “paradigm shift” after climate activists and asset managers led revolts at the [...]
WIBF’s ACT Research Programme finds that women are held to higher standards across financial services compared to their male counterparts June 16, 2021 | City Talk A new report published today by Women in Banking and Finance (view here) finds that women struggled if they did not perform consistently well compared to what they recognise as mediocre men in the City of London who are surviving in financial services in high numbers, for a number of different reasons which include social [...]
Ex-Barclays CEO Antony Jenkins’ BlackRock-backed fintech firm raises $187m June 16, 2021 Ex-Barclays CEO Antony Jenkins' BlackRock-backed fintech firm raises $187m
3 AMAZING Marketing job opportunities in London right now June 15, 2021 Are you a marketing professional looking for an exciting new opportunity? Well then you have absolutely come to the right place. Today, we had a look through our job board for exciting roles in marketing to share with you all, in the hopes that you may just land your dream job. Check out these brilliant [...]
To notify or not to notify? The potential perils of uncertain tax treatments June 15, 2021 | City Talk The Government is proposing that large businesses should be required to notify uncertain tax treatments to HMRC. ICAS has responded to the second HMRC consultation on the proposals – the fundamental flaw in the original proposals has not been addressed. They remain poorly targeted, so will potentially impose a burden on all large businesses. Why [...]
Ecommerce fintech Booste plots London launch after €12m funding round June 15, 2021 Booste, a Polish fintech offering revenue-based financing to ecommerce companies, is planning to launch in London after raising €12m (£10m) in a fresh funding round. The startup, which was co-founded by former Uber Eats executive Jakub Pietraszek, provides ecommerce firms with funding to finance growth through digital ads on Facebook and Google, marketing campaigns and [...]
