Investors capitalise on market volatility with millennials leading the charge July 21, 2020 Investors have remained bullish on markets despite the pandemic and millennials are leading the charge. More than half of global investors are positive about the market and are looking to invest in the near future, even in the face of the coronavirus-induced volatility. A survey by global funds network Calastone found 54 per cent of [...]
DEBATE: With one in three of us wanting to keep working from home, is it too soon to urge Londoners back to the office? July 21, 2020 With one in three of us wanting to keep working from home, is it too soon to urge Londoners back to the office? Ben Kelly, a commentator for Reaction, says YES. For months we were told to stay at home and hide from the deadly virus. Unfortunately — for the government and our economy — [...]
Klarna restricts lending rules during lockdown July 20, 2020 Fintech lender Klarna said it has tightened its lending criteria during the coronavirus pandemic. Its vice president Luke Griffiths said Klarna is only accepting new customers that it believes will repay on time, and is increasing the frequency with which it reviews its acceptance criteria. “[Klarna’s] default rate is less than one per cent and [...]
M&G Investments has eyes on UK Mortgages July 20, 2020 M&G Investment Management is pursuing a bid for UK Mortgages on behalf of one of its managed funds, M&G Specialty Finance Fund. M&G said it had made several approaches to the listed UK Mortgages on behalf of the fund. It said all of the proposals, including the latest one at 67p per share valuing the [...]
DEBATE: Is employee experience with IT the key factor for a productive post-pandemic workforce? July 17, 2020 Is employee experience with IT the key factor for a productive post-pandemic workforce? Pedro Bados, chief executive and co-founder of Nexthink, says YES. Employees’ working experiences have historically been measured through three key elements: people, place, and technology. Recent months have turned this dynamic on its head. With workers across the country sent home from [...]
Experience you can count on: Older workers are an untapped pool of business talent July 17, 2020 Businesses of all sizes across the UK are grappling with how to emerge from the Covid lockdown, re-engage with their customers and suppliers, and — for many in more adversely impacted sectors — sadly how to make parts of their workforce redundant. Job cuts have obviously been a major concern, as evidenced by the chancellor’s [...]
Real estate investment firm Castleforge Partners closes third fund at over £270m July 17, 2020 London-based real estate investment firm Castleforge Partners has today announced the close of its third commercial fund at over £270m. Castleforge Partners III exceeded its predecessor by 15 per cent, even in the face of looming Brexit uncertainty and the global coronavirus pandemic. The investment fund received support from existing investors, with around 60 per [...]
Your career break is an asset, not a hindrance, to your job application July 16, 2020 | Sponsored Returning to the corporate world after a long break can be challenging at the best of times. You might have spent the last couple of years flexing your creative muscles, running a startup, or travelling the world. Whatever your reason for leaving – and whatever your reason for coming back – it can feel like you [...]
What are the long-term prospects for healthcare investing post Covid-19? July 16, 2020 | City Talk The pandemic has shone a spotlight on healthcare but what happens when a vaccine is found? We asked Schroders’ investment experts for their views on the sector’s long-term prospects. The Covid-19 crisis has hurt most economic sectors this year. As of 30 June, healthcare was one of only three sectors to post positive year-to-date returns [...]
Monzo relaunches premium accounts in third profit-chasing attempt July 16, 2020 Monzo is today relaunching its paid-for Plus account, in a near complete overhaul from its previous iteration that was scrapped last year. The new account will utilise open banking rules to allow users to view and move money from different bank and credit card accounts within the Monzo app, in a direct challenge to fintech [...]
