Investor confidence in UK shares falls and “nervousness” is likely to grow around Brexit November 21, 2016 Investor confidence in UK equities fell in November and “nervousness” is likely to grow as Brexit uncertainty continues, according to a Lloyds study. The bank’s Investor Sentiment Index for November found sentiment to UK shares was 11.3 per cent, down 4.5 percentage points on October and 14.9 on November last year. Sentiment towards UK property [...]
That’s far out: UK investment firm launches £80m space tech fund November 21, 2016 A UK investment firm has today launched an £80m space-tech venture fund. Seraphim Capital said the fund, which will focus on early-stage, space-related technology businesses, is the largest of its kind. The company expects to have raised the £80m over the next two quarters, and today announced a £30m investment from the British Business Bank alongside [...]
From idea to IPO in three years: Purplebricks founder Michael Bruce November 21, 2016 "Every time you mention the word ‘estate agent,’ everyone gets a little bit of a smile on their face and an inner feeling of unhappiness,” says Michael Bruce, chief executive at Purplebricks, the online estate agency that has turned the industry on its head in a little over four years. Bruce has traversed the world [...]
Entrepreneurs: Why an exit shouldn’t be about exiting your company November 21, 2016 For many entrepreneurs, selling one’s business is the culmination of years of hard work. The endgame which leads to the exit door. This is incorrect. Being acquired should be seen as a new beginning, not the end. An exciting partnership bringing opportunities to achieve more through scale, such as opening up new markets and experiences for [...]
Think twice before sacking an employee for getting a tattoo November 21, 2016 Beauty is in the eye of the beholder – some love tattoos and believe they are works of art and others simply despise them. Whatever your view of their aesthetic appeal, however, as they have become increasingly common, tattoos have also become a dilemma in many workplaces. There have been reports of people with a [...]
Asset managers must adapt to serve investors in an age of disruption November 21, 2016 Today's investors and their advisers face a torrent of change from all quarters. Political, economic and regulatory turbulence is matched only by the speed at which technology is transforming business models, choices and decision-making. The low interest rate and low growth environment is creating real challenges for institutional and retail investors. These challenges form the central [...]
Have investors jumped the gun in thinking that the era of low inflation is now over? November 21, 2016 Jason Hollands, managing director at Tilney Bestinvest, says Yes. Deep tax cuts, looser banking regulation, massive spending on infrastructure and the military, alongside higher tariffs on imports and tighter immigration restrictions – Donald Trump’s economic policies are inherently inflationary for the US economy, especially against a background of low unemployment. Global bond markets have reacted [...]
Global investors in UK firms hit by falling dividends and devalued pound November 21, 2016 Global investors in UK equities saw their dividends plummet in the quarter after the EU referendum thanks to the devaluation of sterling. In underlying terms, UK dividends were down 2.9 per cent year-on-year in the third quarter, with mining companies such as Glencore and manufacturing group Rolls-Royce making deep cuts. But while the impact of [...]
Powa founder Dan Wagner paid £50,000 to another company before administrators were called in on fintech unicorn November 20, 2016 The former owner of collapsed fintech start-up Powa Technologies paid £50,000 to a company he owned in January this year, shortly before administrators were called in to break up the company. Dan Wagner, the charismatic founder of the London-based firm, paid the money to Bright Station Ventures in January of this year, as was first reported [...]
Say it as it is: Clearing the air of jargon monoxide November 18, 2016 YOU might have seen that segment in The Simpsons where the estate agent is explaining to Marge how the use of jargon can be of great benefit to her in selling property: Marge: “It’s awfully small”. Agent: “I’d say it’s awfully ‘cosy’”. Marge: “That’s dilapidated”. Agent: “That’s rustic”. Marge: “That house is on fire!” Agent: [...]
