Brewin Dolphin chief executive David Nicol to leave wealth manager January 29, 2020 Brewin Dolphin has announced that David Nicol will retire as chief executive of the wealth manager in June. Nicol, who has been with the company for eight years, will be replaced by Robin Beer, who currently runs Brewin Dolphin’s intermediaries, charity, professional services and digital businesses. Chairman Simon Miller thanked Nicol for his “outstanding contribution [...]
The taxman cometh: 6 tips to help you complete self-assessment tax return January 29, 2020 This Friday marks the end of a process that many have found divisive, emotionally draining, expensive, and time-consuming. No, I’m not talking about Brexit. Friday 31 January is the deadline for completing your self-assessment tax return — the bane of existence for freelancers, the self-employed, and anyone who earns extra income outside their basic salary. [...]
Barclays takes a stake in digital receipts startup Flux January 29, 2020 Barclays will today take its relationship with digital receipts startup Flux one step further by acquiring a minority stake in the London tech firm. The startup said Barclays will also soon begin an expansion of its ongoing partnership with Flux to reach its entire UK mobile banking customer base, after a successful trial period on [...]
Star stockpicker apologises for ‘having too much’ Wirecard stock January 28, 2020 Former Jupiter fund manager Alexander Darwall has apologised to investors for making too large a bet on fintech Wirecard, which is facing scrutiny over its accounting practices. At one point Darwall, who left Jupiter in July to establish his own fund management business, had over 17 per cent of his £1bn investment trust in the [...]
Investors in Neil Woodford’s frozen flagship fund get first payout January 28, 2020 Hundreds of thousands of investors trapped in the flagship fund of disgraced stockpicker Neil Woodford are facing steep losses, as details emerge of the first payout since the fund was gated in June. Initial payments of between 46.3p and 58.9p per share will be made to investors, administrator Link Fund Solutions said in an update [...]
Tech Nation chair Eileen Burbidge steps down January 28, 2020 Eileen Burbidge, the chair of government-funded industry body Tech Nation is stepping down after five years in the role. Tech Nation is responsible for promoting Britain’s tech sector. As well as advising startups and running a support network for founders looking to grow their businesses, it runs a visa scheme for technology workers. Burbidge was [...]
Could the coronavirus derail the global recovery? January 28, 2020 | City Talk Concerns over the spread of the coronavirus are escalating as the death toll has jumped to 81 with 2,744 confirmed cases worldwide (as at 11:00 GMT, 27 January). Travel restrictions on about 40 million people around Wuhan, in the Hubei province of China, have been introduced in an effort to contain the outbreak. However, cases [...]
No cricket chat? Management gurus dropped the ball this time January 28, 2020 England’s cricketers haven’t made a habit of winning Test matches abroad recently, so the 3-1 series victory over South Africa is cause for celebration — not least due to the arrival on the international scene of Ollie Pope and a sign that we might have found openers who can keep us in a game beyond [...]
Wellbeing is the new health and safety January 28, 2020 A new decade focuses minds on the future and new strategies to encourage companies and individuals to thrive. And if there’s one commitment that the City should make in the 2020s, it’s to treat the mental health of staff as seriously as their physical health and safety. Everything from the harnesses used by window cleaners [...]
Fintech startup Upgrade Pack raises $5m seed round for travel rewards January 28, 2020 Upgrade Pack has today surpassed £5m in seed funding after securing fresh investment. The Richmond-based startup provides flight and hotel upgrades as part of a travel-focused rewards app by connecting directly to airline and hotel software. It did not disclose its investors, though Havisham Group led an earlier part of the fundraise last year. The [...]
