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      John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

      Chancellor John Healey speaking at a professional event, likely a press conference or address.

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  • Students shouldn’t have to knock on doors to get the help they need

    November 21, 2018  |  City Talk

    When I was approached to be the chair of the ACCA Emerging Talent Advisory group it was an opportunity I grabbed instantly. Championing social mobility is something that is very close to my heart, having grown up on a rough council estate in East London, I know exactly what it is like when you want [...]

  • Erm… How your speech skills could be holding you back

    November 21, 2018

    I remember a speech that an influential central banker made recently. The introductory comments contained a lot of filled pauses, like “ums” and “ahs”, as well as stretched and repeated words. When the speaker switched to using a script (that is, reading aloud from paper), the speech pattern totally changed. In speech terms, it was [...]

  • Monzo teams up with Paypoint to allow users to deposit cash in shops

    November 21, 2018

    Digital bank Monzo has today announced a strategic partnership with Paypoint, enabling its users to deposit cash into their Monzo account at any of Paypoint's 28,000-strong network of corner shops and local stores across the UK. Deposits can range from £5 to £300, with a fee of £1 per deposit and a cap of £1,000 every [...]

  • City Moves for 21 November – who’s switching jobs at Assurant, Clifford Chance and GPP?

    November 21, 2018

    Who’s on the move? Assurant Assurant, a global provider of risk management solutions, has appointed Claude Sarfo as its new chief financial officer, Europe. As part of the enterprise finance team, Claude will have responsibility for planning implementing, managing and controlling all financial activities including forecasting, strategic planning, deal analysis, capital management and M&A support. [...]

  • Should other countries take a leaf out of Trump’s economic playbook?

    November 20, 2018  |  City Talk

    Global growth in 2017 was characterised by synchronised expansion by the world’s major economies. This was largely because robust global trade growth created a rising tide that lifted all boats. Since global trade has waned in 2018, economic growth has become less coordinated. While China, Europe and Japan have all seen their growth rates cool, [...]

  • Moneyfarm expands into Germany with acquisition of digital wealth manager Vaamo

    November 20, 2018

    Digital wealth manager Moneyfarm has expanded into Germany with the acquisition of Vaamo, the UK-based company announced today. The deal – the value of which was not disclosed – marks Moneyfarm’s entrance into its third European market, after establishing a presence in the UK and Italy. Vaamo co-founders and chief executives Thomas Bloch and Oliver [...]

  • Johnston Press sale under scrutiny as pensions put at risk

    November 20, 2018

    The new owner of publishing group Johnston Press is facing scrutiny from MPs and the pensions watchdog over its handling of a rescue deal that puts pensions at risk. Work and pensions committee chair Frank Field yesterday wrote to the Pensions Regulator to express concerns about Johnston Press’ pension scheme, which is being assessed by the [...]

  • Imposter syndrome is real, but don’t let it make you feel like a fraud

    November 20, 2018

    I have a confession. My whole working life, I have carried a secret: I feel like I’m going to be found out. This feeling is called “imposter syndrome”, and through telling my story, I have learned that I am not alone. Some of the best of us have experienced it: Albert Einstein, American poet and [...]

  • Tandem Bank takes in £15m from Convoy in Hong Kong expansion

    November 20, 2018

    Fintech challenger bank Tandem has today closed a strategic partnership with Convoy Global Holdings, a Hong Kong-based financial services group which will make the London startup one of the first digital banks to launch in the city. Convoy is investing an initial £15m into Tandem Bank as part of the deal, which will provide Tandem with [...]

  • Banks should watch out – the fintech era has barely begun

    November 20, 2018

    The fintech sector makes a lot of noise in London. There’s an endless stream of news about open banking and challenger banks, while the traditional finance sector watches on with a mixture of admiration and suspicion. Banks have come under attack, not only from the hype-machine, but more meaningfully from startups. Traditional finance providers that assumed [...]

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