Just Group share price falls as new regulations slash profits by a quarter September 4, 2019 Life insurer Just Group shares fell 10 per cent this morning after it revealed profit fell more than a quarter in the first half of the year. The company suffered a hit after new rules from the Prudential Regulation Authority, which require more capital behind lifetime mortgages, which is one of its key products. The [...]
Mortgages, pensions and other savings products are not designed for self-employed workers – here’s what needs to change September 4, 2019 A growing number of us are choosing to go it alone. According to recent figures from the Office for National Statistics, the number of self-employed workers is now nearing the five million mark. That’s around 15 per cent of the UK workforce, and a million more people than the same period in 2009, with London [...]
Here’s how we can make London autism friendly September 4, 2019 London is the best city in the world, because it’s a place where people from all walks of life can live, work and love. I would defy anyone to name anywhere else on the planet which is more welcoming, open and inclusive. But despite all of London’s great strengths, our city remains far too inaccessible [...]
Fintech startup Curve tops Crowdcube record in £6m raise September 4, 2019 A card management startup yesterday broke the record for the fastest campaign to reach £4m on Crowdcube, hitting the milestone within 42 minutes. As the round closed last night, Curve raised a total of £6m from 9,591 investors. The Holborn tech firm, which allows users to consolidate all their credit and debit cards into one [...]
UK private equity deal values double during strong first half September 4, 2019 UK companies led European private equity (PE) and venture capital (VC) activity during the first half of 2019, with the value of PE buyouts more than doubling. Overall PE buyout and related deal values for UK firms climbed to €23.3bn (£21.2bn) during the first half, an increase of 124 per cent on the €10.4bn seen [...]
Entrepreneurs, learn to let go of your business September 3, 2019 For many entrepreneurs, successfully selling their business is validation that their years of hard work have paid off. It should be the happiest time of their lives, but it can actually be one filled with mixed emotions. I know this, because that’s what I experienced myself. In 2012, I co-founded an electronic point of sale [...]
Can’t name the UK technology secretary? That’s because we don’t have one September 3, 2019 Do you know who our secretary of state for technology is? Or can you name the tech minister? No? That’s not surprising, because they don’t exist. While we all might agree that technology is a key ingredient to a successful and vibrant economy and to our advancement as a society, there is still no one [...]
Forget what you’ve heard, Facebook’s libra can help in the fight against money laundering September 3, 2019 The cost of anti-money laundering (AML) protocols and procedures for businesses is well-documented. Financial institutions sink billions each year into technology to identify suspicious activity and prevent their services being used for illegal transactions. Despite these efforts, money laundering remains big business, representing around five per cent of global GDP. That’s larger than the entire [...]
Five sustainable investing myths September 2, 2019 | City Talk Given the dramatic rise in popularity of sustainable investing, it’s perhaps no surprise that a few misconceptions have come along for the ride. Sustainable investing – sometimes known as “ESG” investing because it considers environmental, social and governance risks and opportunities – has become increasingly important. Last year our employer Schroders found two-thirds of investors [...]
When business partners behave badly: How to rein in a shady coworker September 2, 2019 In the wake of the #MeToo movement, there has been a great deal of focus on how to tackle the toxic work culture that exists in some industries and businesses. Many companies have been pushing for cultural change, motivated by the desire to create inclusive work environments, and limit the reputational and financial damage that [...]
