How to take the headache out of paying your small business tax bill January 30, 2017 The self-assessment tax deadline is tomorrow, and it isn’t just individual taxpayers feeling the heat. Many small businesses, particularly those structured as limited liability partnerships, will also need to file their tax returns and make payments to HMRC. Tax – whether corporation tax, business rates or VAT – can be a tricky issue for SMEs. We [...]
Helena Morrissey joins Legal & General Investment Management as head of personal investing January 30, 2017 Star City fund manager Helena Morrissey is set to join Legal & General Investment Management as its head of personal investing for its UK business. Morrissey was chief executive of Newton Investment Management for 15 years, before stepping down last August. She is also chair of the Investment Association and founded the 30% Club that [...]
Deposit protection limit for savings to be bumped back up to £85,000 tomorrow January 29, 2017 Savers will have an extra £10,000 safeguarded as of tomorrow, as the deposit protection limit is increased back up to £85,000. The deposit protection limit under the Financial Services Compensation Scheme (FSCS), which is designed to protect consumers' cash should lenders run into hot water, was cut to £75,000 last year in an effort to put [...]
Bonus season: If you’re thinking of spending it on property, here are the top London hotspots you should be looking at January 27, 2017 It’s bonus season in the City and now you’ve got the enviable task of deciding what to spend it on. Historically low interest rates means putting the whole lot into an ISA isn’t quite as appealing as it once was. But house price growth particularly in the outer boroughs – Newham, Havering, Brent and Croydon [...]
Some peace at last? Alliance Trust to buy back activist investor Elliott’s shares January 27, 2017 Relief at last for Alliance Trust’s management team: the company announced this morning it has reached a deal to buy its shares back from activist shareholder Elliott. The US hedge fund became a shareholder in the investment trust in 2011, and has, to put it mildly, shaken things up a little. The drama peaked in [...]
City Moves for 27 January 2017 – who’s switching jobs? January 27, 2017 Today's City Moves covers the real estate, finance and legal sectors. Take a look at these movers and shakers: Colliers International Apara Guha has been appointed as director in Colliers International’s Europe, Middle East and Africa (EMEA) corporate solutions team. Apara brings more than 20 years’ experience of first generation outsourcing and emerging markets, business [...]
Mark Carney’s fintech critique should be a wake-up call for a sector used to plaudits January 27, 2017 The fintech sector is so used to being publicly lauded that this week’s comments by the governor of the Bank of England will have come as a shock. Despite claiming London as the fintech centre of Europe and exulting its potential, Mark Carney made clear fintech’s rise could disrupt the established financial sector – raising [...]
Your CV has a bigger problem than over-use of buzzwords January 27, 2017 When list of common LinkedIn buzzwords was published on these pages on Wednesday, it prompted me to read through the profiles of my extended network. After an uninspiring two hours, many of my conclusions matched those of LinkedIn. The use of the word “leadership”, for example. People work for “leading companies” and study at “leading [...]
Forget Berlin, Dublin and Paris – Asia’s a bigger rival to London fintech regardless of Brexit January 26, 2017 As Germany, France and Ireland attempt to woo London's fintech firms to their respective capital cities after the Brexit vote, one of the UK's top VCs has warned the industry should be more concerned with the rise of Asia as a fintech powerhouse rather than other European cities. In the long-term, the continent's prominence in financial technology is likely [...]
What separates us from the animals? How evolutionary psychology can increase your interview advantage January 26, 2017 Other than “is it food?” or “should I run away?”, animals have few decisions to make. As such, they’ve evolved to make them lightning fast. Humans have taken this a step further, and make rapid decisions about each other. We have evolved as a highly social species. A single individual is very ill-equipped to survive [...]
