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 [...]
Executive pay gap: Men get paid 23 per cent more than women at director level June 14, 2021 Senior men get paid up to 23 per cent more than women, according to new research shared with City A.M. this evening. The gender pay gap is particularly substantial in senior positions and can be as high as 23 per cent for directors, while the associate level stands at 9 per cent, according to data [...]
Last chance to back fantastic Hear Art film campaign June 14, 2021 There is just a week left to support one of City A.M.’s favourite arts initiatives, Hear Art, in its crowdfunding campaign to raise £15,000 to help fund films made by deaf filmmakers. Hear Art is a non-profit platform founded by Cindy Sasha (photographer/activist) and Rachel Shenton (actress/writer/activist) to help address the lack of opportunities for [...]
3 companies that are actively hiring right now June 14, 2021 Are you on the hunt for a new job? If you answered yes, then we have some pretty great news for you. There seems to be a hiring surge at the moment, which is just brilliant news. After a long and difficult lockdown, companies are coming out the other side – expanding while they do [...]
High demand, low supply: The semiconductor players that dominate the hyperactive microchip space June 14, 2021 Semiconductors power much of the world’s technology, making it possible for families and friends to talk face-to-face from across the ocean or for Wall Street to move billions of pounds in the blink of an eye. And with more applications being produced worldwide, demand for semiconductor devices only continues to grow. The popularity of such [...]
How tech and medical advances are transforming healthcare investing June 14, 2021 | City Talk Healthcare innovation specialist John Bowler explains the revolution going on in the sector. Covid-19 aside, what other issues are emerging that will reshape the healthcare sector? The main drivers of healthcare remain unchanged: there is accelerating demand for healthcare services as people are increasingly living longer. Governments around the world face budget pressures with the [...]
How are vaccine programmes progressing in emerging markets? June 11, 2021 | City Talk Some emerging markets will be vulnerable to renewed activity restrictions in the coming months. For investors, this will require careful monitoring. The roll out of Covid-19 vaccines remains a conundrum facing investors in emerging markets (EM). As we noted late last year, few EM were proactive in securing sufficient supplies of effective vaccines. So they were [...]
Pandemic has changed work attitudes of some young people June 10, 2021 The Covid-19 pandemic may have changed how we work in more ways than remote working. New research shows 85 per cent of young professionals have permanently changed their attitude towards work due to the pandemic. Analysis carried out by professional social network platform Polywork shows virtual ways of working have opened up more work possibilities [...]
General Electric to freeze $14bn pension pot for 2,700 UK staff June 10, 2021 General Electric Co will freeze pension benefits for around 2,700 UK employees from January 2022 and take a related charge, the company announced today. GE’s pension benefit obligation in the UK was about $14bn at the end of 2020. GE’s pension plan has been closed to new entrants in the UK since September 2011. At [...]
A third of gig economy couriers and delivery drivers have no savings June 9, 2021 Around 30 per cent of gig economy drivers, riders and couriers across Europe had no savings in the first half of 2021. Almost half of the 10,000 workers surveyed had experienced a claimable event such as an accident. Of these, only 12 per cent had actually made a claim and 69 per cent had a [...]
