London salaries 2019: Which jobs will get you a pay rise? January 31, 2019 Talent has rarely been so in demand as it is in 2019. Against a backdrop of a record employment rate, UK wages keep going up, with pay growth hitting a post-financial crisis peak of 3.3 per cent in late 2018. Read more: Employment rate hits new record as wages grow But as a UK-wide average [...]
Sweating under today’s tax return deadline? It might be time to let your accountant go… January 31, 2019 Left your tax return until the last minute? Desperate to avoid a fine? Take a few tips from me, an award-winning financial technology journalist. Well, okay, the “award” came from Guildford Magistrates Court – in the form of compensation against my useless accountant at the end of a small claims hearing. That verdict was an [...]
Flexible working does increase job satisfaction but it depends how you arrange it January 31, 2019 | City Talk Research from Cass Business School and Cranfield School of Management has confirmed that flexible working can increase employee job satisfaction and organisational commitment. However, the researchers discovered that employees who establish flexible working arrangements through informal discussion with their line manager are judged to perform much better than those who use formal flexible working arrangements. [...]
Of course AI can be biased – and it’s up to businesses to fix that January 31, 2019 When Alexandria Ocasio-Cortez, the recently elected US representative, suggested last week that algorithms could be racist, she received a lot of attention. Naysayers derided her for suggesting that inanimate objects can display prejudice, but a number of experts actually supported her. The central premise of the debate is this: machines cannot be biased, but the humans [...]
Staffline startles investors with results delay, shares plummet January 30, 2019 Recruitment support services company Staffline spooked investors into a mass sell-off today by delaying the publication of its full-year results without giving a reason. The AIM listed firm announced this morning it would provide a further update as soon as possible, sending shares into a nosedive. Staffline’s stock was 32 per cent down this afternoon. [...]
London’s workers and employers must work together to train, develop, and prepare for the future January 30, 2019 With Brexit uncertainty looming over the economy and a burgeoning skills crisis, career progression and stability are at the forefront of workers’ minds. In fact, new research from City & Guilds Group, released today as part of the celebrations for our 140th anniversary, shows that 82 per cent of workers in London believe that it [...]
Former Marketinvoice boss raises $30m for fintech startup Complyadvantage, backed by Index and Balderton January 30, 2019 The fintech startup formed by the co-founder and former chief executive of London firm Marketinvoice has closed a $30m (£22.8m) funding round today, backed by Revolut investors Index Ventures and Balderton Capital. Complyadvantage uses artificial intelligence to analyse the risk of financial crime for some of the world’s largest banks. The startup will use the funding to [...]
Should we be worried about the rise of the Bank of Mum and Dad mortgage? January 30, 2019 In the years leading up to the financial crisis, it was relatively easy for wannabe homeowners to get loans for the full value of a property – otherwise known as a 100 per cent loan-to-value mortgage. Of course, we know the problems caused by these mammoth loans, and since then, affordability criteria have become stricter [...]
JP Morgan Asset Management given green light to sell funds in China January 29, 2019 JP Morgan Asset Management (JPMAM) has had two funds approved for sale in China. The funds – the Asia Equity Dividend Fund and the Global Bond Fund – will be distributed through JPMAM’s joint venture partner China International Fund Management after the China Securities Regulatory Committee gave the US company the green light. The funds [...]
MJ Hudson launches Milan office to strengthen EU business January 29, 2019 MJ Hudson has opened an office in Milan as the asset management consultancy strengthens its European presence and targets further expansion. The firm launched a fund management solutions team in Luxembourg in 2017 to act as a gateway to Europe after the UK leaves the EU in March this year. Read more: 60 per cent of asset [...]
