London pension fintech Smart gears up for deals after $95m funding injection May 15, 2023 London-based pensions fintech firm Smart said it was gearing up for a flurry of dealmaking today as it bagged a $95m funding round from a host of big name backers including New York based outfit Aquiline.
Cost of card payments slammed as ‘startling’ after Mastercard exec defends fees May 15, 2023 A lobby group has today warned of the “startling rise in the cost of accepting cards” for small businesses after the European chief of Mastercard defended the fees it levies on merchants over the weekend. Interchange fees, which are charged to merchants and paid to the card issuing bank and payment network, have climbed sharply [...]
M&G calls bosses back into the office – and they can’t be TWaTs about it May 14, 2023 Investment firm M&G has called on its managers to get back in the office for three days a week in a bid to boost the morale and development of its junior staff - but they won't be allowed to simply swan in on Tuesdays, Wednesdays and Thursdays.
What To Do If You’re Worried AI Will Take Your Job May 9, 2023 | Sponsored Are you worried you’ll be replaced (professionally at least) by a robot in the near future? If so, you’re not alone. Thanks to the advent of OpenAI’s ChatGPT, chatbots and their capabilities to not only mimic human behaviour and thought processes, but in some instances, surpass them, have been swiftly propelled into sharp focus. At [...]
Brits yank record £4.8bn from banks after Credit Suisse and SVB failures May 4, 2023 Brits yanked a record amount of cash out of banks in March, sparked by concerns over the health of the global financial system following the collapse of Silicon Valley Bank (SVB) and Credit Suisse, official figures out today reveal. Household deposits at UK banks shrunk £4.8bn in March, the highest monthly fall since the Bank [...]
Women Want Equal Progression Opportunities At Work May 2, 2023 | Sponsored Does the company you work for promote women at the same rate it promotes male counterparts? If you’re nodding in agreement, you’re among the minority. That’s because women still only make up 30% of leadership roles in the UK. This is despite an active push by the government to highlight this issue via the FTSE [...]
UK retail giant set to ditch central London office space amid job losses May 1, 2023 John Lewis is looking to cut its office space by over 50 per cent after the company seeks to drastically cut costs benefiting from a loose hybrid working approach. The John Lewis Partnership, which also owns Waitrose, first announced its plans to move offices last year, waiting until the lease of its current Victoria HQ [...]
CBI to be renamed in bid to rebuild after sexual misconduct scandal, new boss says April 27, 2023 The new boss of the Confederation of British Industry (CBI) has said that the scandal-hit business lobby group would likely be renamed as the organisation looks to rebuild after a sexual misconduct scandal. In the last week, there has been a mass exodus of businesses from the CBI, including prominent groups such as John Lewis, [...]
Most businesses say hiring is inefficient – that needs to change April 26, 2023 | Sponsored The UK labour market is at an interesting juncture. After a ferocious post-Covid jobs boom that sent demand for workers into overdrive, we’re now seeing signs that employers have taken their foot off the hiring pedal. That’s not to say demand has dried up. Far from it. Britain still has more than 1.1m vacancies according [...]
How your firm can deliver the Sustainable Development Goals April 24, 2023 | Sponsored The United Nations unveiled the Sustainable Develop Goals as a roadmap to a greener, fairer future – but that plan is in danger of losing its way. “Our progress towards the Sustainable Development Goals (SDGs) has faltered and even gone into reverse on some important targets,” warned UN Deputy Secretary-General Amina Mohammed in March. Companies [...]
