Generation Covid are being denied the opportunities we all took for granted October 29, 2020 This week, a new study by the London School of Economics — the most comprehensive of its kind — confirmed our worst fears about the economically divisive impact of the pandemic. Any pretext that we are “all in this together” has been utterly dashed. According to the research, young people have seen their job prospects and earnings [...]
Keep the dream alive, and support a female-led business during lockdown October 29, 2020 When Kiera-Lorelle opened the doors to her new family business — Cinnamon Leaf foodhall in Tottenham, North London — she was full of hope: “It’s been a life-long dream of my mum’s to open a store.” That was back in January. Needless to say, the months since haven’t been easy. But Cinnamon Leaf has carried [...]
Institutions don’t share retail investors’ optimism on returns October 28, 2020 | City Talk Schroders’ studies suggest retail – or individual – investors are more optimistic about future returns than investors at large institutions. Individuals have indicated that they expect average annual returns of nearly 11% over the next five years while institutional investors anticipate a more moderate 6%. Schroders’ Institutional Investor Study is an analysis of views from [...]
Government issues sustainable finance standards for fund managers October 28, 2020 The UK has issued a set of standards for asset managers within the sustainable investment sector as it shores up its green credentials. Interest in environmental, social and governance-related investing has taken centre stage in recent years. Inflows into active ESG funds reached a record £392m in September, taking the quarterly total to £1bn, according [...]
Octopus Ventures ‘extremely optimistic’ about investment landscape October 28, 2020 Investors have spent most of this year looking inwards as they sought to shore up their portfolio companies in the face of the coronavirus pandemic. But even as the UK continues to grapple with uncertainty amid another round of lockdowns, some investors are starting to look for opportunities to expand their portfolio. London-based VC firm [...]
UK maintains position as leader of Europe’s fintech community October 28, 2020 The UK continues to reign as the leader of Europe’s fintech community as investment among its peers lags behind. Investors in the UK’s fintechs remain bullish even as the country heads towards a no-deal Brexit, according to new figures from the Association for Financial Markets in Europe (AFME). The AFME’s ranking is based on a [...]
Octopus Ventures leads seed funding round in pet-tech firm Katkin October 28, 2020 London-based pet food company Katkin has secured £4.5m of funding in a seed round led by venture capital firm Octopus Ventures. Katkin was set up by siblings Brett and Nikki O’Farrell to produce healthy cat food after realising the options available didn’t provide cats with the nutrition they needed. The wet food contains 95 per [...]
Can behavioural finance explain how investors think about sustainability? October 27, 2020 | City Talk Schroders Global Investor Study 2020 examined the attitudes and beliefs of more than 23,000 investors on sustainability. It is a vast project that yields fascinating insights on the way investors think. We thought it would be interesting to put some questions to Stuart Podmore, Investment Propositions Director and an expert in behavioural finance, about the [...]
Why I’m calling for a £15bn National Renewal Fund to support growing businesses October 27, 2020 Some 90 years ago, a government committee set up to examine the health of the British economy identified a persistent shortfall in funding for small and medium-sized businesses. This shortfall was termed the Macmillan Gap — named not after the politician but after the Scottish lawyer, Hugh Macmillan, who chaired the committee. As the saying [...]
Modern Monetary Theory: A shared delusion that will destroy the economy October 27, 2020 As Rishi Sunak announced another multi-billion-pound support package last week, most numerate people would have been boggling at the numbers. How are we ever going to pay all that money back? Surely it means years of austerity, high taxes, or debt for our children and grandchildren to repay? But there is a growing and increasingly [...]
