How to quit your job with royal grace like Harry and Meghan January 13, 2020 We can all sympathise with Harry and Meghan’s predicament. You take a nice long break over the Christmas period, perhaps squeeze in a few days abroad and enjoy some long walks at one with nature. The fresh air clears your head (or maybe it was that extra glass of prosecco?) and you realise that you’ve [...]
Founders need the stamina to run a marathon, not a sprint January 13, 2020 Who’d have thought it? Turns out that marathons are good for you. New research last week revealed that one of the best ways to reduce your cardiovascular age is to get your jogging shoes on and complete the mammoth test of endurance. This comes despite years of expert warnings that this type of exercise was [...]
Harry and Meghan could earn mega bucks outside the Royal Family January 12, 2020 Harry and Meghan’s decision to step back as senior royals could see them earn a huge amount of money in their first year of independence, brand experts said. The Duke and Duchess of Sussex, who announced they were stepping down as senior royals last week, said they are working to become “financially independent”. It remains [...]
Monzo co-founder quits fintech bank – to farm alpacas January 10, 2020 Monzo co-founder Paul Rippon has quit the UK challenger bank he helped begin so he can spend his time farming alpacas. Rippon, a veteran of the banking sector who has also worked at Starling Bank, will leave his role as deputy chief executive of Monzo “to go and enjoy life” with his alpacas. Read more: [...]
DEBATE: Could bringing back bonuses help make pay fairer? January 10, 2020 Could bringing back performance-based bonuses help make pay fairer? YES, says Giles Gibbons, chief executive of Good Business, an ethical strategy consultancy. News this week that FTSE 100 bosses earn a typical worker’s wage in just 33 hours angered people across the UK — something has to change. And counter-intuitive as it may seem, bringing [...]
Credit card giant Newday set to buy finance platform Deko January 9, 2020 Credit card issuer Newday has reportedly agreed to purchase retail finance platform Deko in a bid to boost its tech credentials. Newday has reached a deal to acquire Deko for up to £40m, depending on the tech provider’s performance, Sky News reported. Read more: ‘Worst year on record’ for retailers in 2019 If the purchase [...]
Polar Capital assets edge up despite challenging quarter January 9, 2020 Polar Capital has reported an increase in assets under management (AUM) during the first nine months of its financial year, despite having a “challenging” third quarter. The investment manager’s AUM climbed 2.8 per cent between 1 April and 31 December to hit £14.2bn. Read more: Profit dips as Polar Capital suffers £448m outflows Polar suffered [...]
Vanguard prepares to enter investment advice industry in UK January 9, 2020 Britain’s financial watchdog has given US fund management giant Vanguard the go-ahead to begin providing investment advice. In a move that will ramp up competition in the UK’s crowded wealth management sector, the Financial Conduct Authority (FCA) has granted Vanguard regulatory permission to begin providing retail investment advice. Read more: Vanguard slashes fees in escalation [...]
Banking watchdog outlines plan for single interest rate across cash savings accounts January 9, 2020 The financial watchdog has proposed an overhaul of cash savings products in the UK, a move it said would bump up interest payments to consumers by £260m a year. Under the plans by the Financial Conduct Authority (FCA), banks would have to set a single easy access interest rate (SEAR) across all easy access accounts. [...]
Britain must become a leader in financial education January 9, 2020 The UK has one of the most thriving and competitive finance industries in the world — a fact that is often overlooked by the public. We know that the financial services industry is battling to improve levels of trust and engagement on the back of a series of scandals and public apathy. Yet, strong personal [...]
