Sweden bids to prise financial services power from UK after Brexit as minister visits Citigroup and fintech firms in London March 12, 2017 Sweden is the latest European country making a push to win financial services power after Brexit, having sent a minister to London to woo fintech firms and a major Wall Street bank. Per Bolund, the country’s financial markets minister, visited fintech incubator Level 39 in Canary Wharf on Friday before hosting more than a dozen more [...]
JRP Group share price jumped after posting better than expected annual results despite a soft new business market March 10, 2017 The boss of retirement specialist JRP Group today urged the market to "get its act together" to help Britain's over-55's release £2 trillion of assets that could better fund their retirement. After announcing results JRP said it was "truly proud of", shares in the FTSE 250 leapt over six per cent in early trading. The figures [...]
Where to put your money? These are the most popular fund platforms for investors in the UK March 10, 2017 Investor confidence bounced up towards the end of 2016, new figures out today show, but failed to make up for a year “overshadowed by political uncertainty”. Annual platform net sales were down 16 per cent over the year as a whole, from £45bn in 2015 to £38bn in 2016. This included £10.5bn in the last [...]
How are these five influential women revolutionising the UK tech sector? March 10, 2017 | City Talk Digital tech: it’s a man’s world right? Lei Jun, Mark Zurkerberg and Bill Gates – all tech testosterone flowing through the veins of the global digital revolution. But what about in the UK? In solidarity with International Women’s Day on March 8th, more females than ever are becoming the beating heart and soul of the sector. So [...]
City Moves for 10 March 2017 – who’s switching jobs at Instavolt, the PRCA, Bovill and Travel Counsellors March 10, 2017 Today's City Moves cover electric vehicles, public relations, financial services and the travel sector. Take a look at these movers and shakers: Instavolt Electric vehicle charging specialist Instavolt has strengthened its senior team by appointing Adrian Keen as chief financial officer (CFO). A qualified chartered accountant, Adrian joins Instavolt with a wealth of experience in [...]
From PwC’s chair to the boss of Vodafone: Here are the top 30 men helping to tackle gender inequality in the workplace March 10, 2017 Lloyds Banking Group’s chief executive of commercial banking and the chairman of PwC have been named among the top 30 men challenging the status quo and promoting gender equality in the workplace. The Women’s Business Council and Management Today have revealed their 2017 Agents of Change, listing 30 male leaders who are actively working alongside women [...]
Hit Makers by Derek Thompson: Read this book if you want to learn how to write March 9, 2017 I have a confession to make: I don’t like reading books about consumer culture. I often find the subject slight, the writing bland and the overall effort insubstantial. But I read Hit Makers by Derek Thompson. Thompson, a senior editor at The Atlantic, is a distinct voice in liberal American journalism, and Hit Makers, his [...]
The road to Brexit: what next for shares, sterling and property? March 9, 2017 | City Talk The UK government is expected to trigger Article 50 by the end of this month, signalling the start of a two-year process that will see the country leave the EU. The Brexit process started on 20 February 2016 when then Prime Minister David Cameroncalled a referendum on the UK’s membership of the EU. The [...]
The UK’s City regulator will work with Japan on fintech startup collaboration March 9, 2017 The City watchdog is searching beyond Europe for fintech ties after Brexit and has its sights set on Japan for its latest bridge. The Financial Conduct Authority and it counterpart in Japan, the Financial Services Agency of Japan (JFSA), will work together on promoting fintech innovation and collaboration. But the agreement also means that UK fintechs [...]
London’s tech firms are starting to tackle the industry’s diversity problem by changing up their hiring approach March 9, 2017 The capital’s tech businesses are taking steps to address the industry’s diversity problem, according to a new survey by Tech London Advocates (TLA). This month, the independent network of over 4,300 tech experts and leaders in London carried out a study into how the industry is approaching gender diversity. Of the 210 senior leaders from TLA [...]