How to build an investment income generating machine February 28, 2019 | City Talk By Jemma Jackson from interactive investor. As we celebrate 20 years of ISAs, we reveal how patient investors can construct a lucrative portfolio. The launch of ISAs in 1999 did not get off to an auspicious start, being swiftly followed by the dotcom bust between March 2000 and March 2003. Indeed, the last two decades [...]
Billionaire venture capitalist Sir Michael Moritz replaces Man Group as Booker Prize sponsor February 28, 2019 Billionaire venture capitalist Sir Michael Moritz is the new sponsor of the Booker literary prize. The sponsorship by Moritz and his wife Helena Heyman’s charitable foundation Crankstart comes after fund management firm Man Group stepped down from the role after 18 years. Moritz, who was a journalist before moving into technology investment, has been a [...]
Working nine to five – is it how we make a living? February 28, 2019 For years, workers have resented the 40-hour working week. The iconic title track of Dolly Parton’s movie, now a high-profile West End musical, shines a light on these frustrations. “Working nine to five” is a byword for inflexibility, few prospects, and insufficient pay. But is the nine-to-five working week a thing of the past? According [...]
Digital banking challenger N26 is expanding to Brazil February 27, 2019 German fintech challenger N26 is expanding to Brazil, making it the first of Europe's biggest retail digital banks to enter the South American market. Announcing the move on stage at Mobile World Congress in Barcelona, N26 said Eduardo Prota would head up the new region. Prota has previously worked for Santander and Cielo, as well as having [...]
Sainsbury’s shares crash as Asda merger torpedoed February 27, 2019 | City Talk A strongly worded report from the regulator appears to have torpedoed this supermarket mega merger. What a difference a day makes. Until this morning, Sainsbury's (LSE:SBRY) was the best-performing supermarket stock over the past 12 months by some margin. Now, after the regulator's report on its proposed merger with Asda, it's the worst! After months [...]
London Stock Exchange Group leads $20m Nivaura funding round February 27, 2019 Fintech firm Nivaura has closed a $20m (£15m) seed capital round led by London Stock Exchange Group. The London-based company, which provides blockchain technology for digital investment banking platforms, will use the funding to rapidly expand its leadership, business development and technical teams. Read more: Revolut pushes ministers for fast-track tech visas The company also plans to [...]
Why the Fourth Industrial Revolution may create beach hotspots for investors February 27, 2019 | City Talk The Industrial Revolution resulted in a rail network that has influenced real estate values ever since. Now the Fourth Industrial Revolution is driving the latest wave of value creation – for certain beach locations. Our focus on this blog is on identifying the shifting fortunes of global cities. Part of this involves careful analysis of [...]
The EIS has cost the government £3bn in tax relief, so why has it become more generous? February 27, 2019 The enterprise investment scheme (EIS) celebrates its silver jubilee this year. Announced by the then chancellor Ken Clarke in the Autumn Budget in 1993, the scheme was launched at the beginning of 1994. The benefits of the EIS have remained generous – in fact, they’ve become more generous. Until April 2011, the up-front tax relief [...]
St James’s Place funds under management hit £102bn February 27, 2019 St James’s Place has announced that its funds under management have exceeded £100bn in 2019, as the wealth manager posted its full-year results this morning. The figures Funds under management in 2018 hit £95.6bn, however the value has since reached £102bn, the wealth management group announced this morning. Net inflows last year were £10.3bn, up [...]
If you’re stuck on which tax-efficient investment scheme to go for, let’s weigh up your options February 27, 2019 At first glance, venture capital trusts (VCTs) and enterprise investment scheme (EIS) funds seem like peas in a pod. They are both government-backed tax wrappers, and they both let you invest in risky young companies. They also come with the same 30 per cent income tax perk, meaning that if you invested £10,000, you would [...]
