Over a quarter of senior staff fancy a try at something new September 27, 2016 Some of the country's most senior workers wish they had sought out pastures new, figures out today show. Over a quarter (29 per cent) of senior decision makers surveyed by McDonald's UK would consider changing career in the next five years, while just less than half (43 per cent) of managing directors are pondering a second [...]
The US is looking to formalise policy around blockchain technology September 26, 2016 The UK faces competition from across the pond in positioning itself as a world leader in blockchain technology. The fledgling technology that underpins bitcoin, but has far wider implications beyond digital currencies, is hitting the agenda of the US government with the creation of a cross-party working group to look at policies surrounding the technology as well as digital currencies such [...]
Forget Brexit, this startup is eyeing “Brentry” with London expansion plans September 26, 2016 An innovative crowdfunding startup which helps people invest in up-and-coming tech startups alongside venture capitalists has unveiled plans to break into the UK, dismissing any concerns around the uncertainty of Brexit. OurCrowd, a three-year-old Israeli startup which last week landed $£72m (£56m) in funding, plans to open an office in London early next year where it will look to [...]
The surprising course that produces the highest earning grads September 26, 2016 Business, economics, finance? These are some of the likely subjects from which you'd expect to earn a good salary after graduating, but there's one area of study which trumps them all, it turns out. Geology should be the subject of choice for anyone eyeing up a lucrative career, and specifically studying it at Imperial College will [...]
The founders of Syft explain how they’re saving clients 55 per cent – and why there’s an upper limit to Lionel Richie September 26, 2016 Two Christmases ago, Jack Beaman experienced something of an intervention. “I’d been out of work for six months, and a group of friends sat me down and asked me what I was actually going to do with my life.” Fortunately, he’d spent that time cooking up a business idea. “As a student, like a lot [...]
Meet the Pikes: The brothers who gave up corporate jobs and first-home deposits to launch SuperCarers September 26, 2016 For brothers Adam and Daniel Pike, business is about personal passion as well as profit. Two years ago, they launched SuperCarers, an online solution to placing carers for the elderly in the home. “Our grandma needed care. The quality wasn’t good enough and it was too expensive. So our mum ended up being the primary [...]
STEM subjects hold the key to reducing the gender pay gap September 26, 2016 The gender pay gap has never been under greater scrutiny. The difference in pay between men and women is likely to come into sharp focus when large companies in the UK are mandated to disclose their pay gaps from 2018 under new legislation being introduced next year. However, even though the pay gap is closing, new [...]
Employers vastly underestimate how much time their employees take off work September 26, 2016 Many employers vastly underestimate the amount of time their employees may need to take off work in long-term absences each year, according to figures released today by Legal & General. Although 40 per cent of employers estimate their staff will take an average of four to five days off sick each year, almost a fifth of [...]
Banks warned over fintech payment firms September 26, 2016 The world's biggest banks risk losing control of digital payments to small fintech startups and global tech giants, the Boston Consulting Group (BCG) has warned. Banks have been told they have to “maximize security, minimise complexity, and add value beyond pure payments” if they want to survive in transactional banking. The BCG has slammed banks’ poor [...]
Funding Circle: Global expansion almost doubles losses at fintech unicorn and peer-to-peer lender Funding Circle September 25, 2016 Losses have almost doubled at fintech unicorn and lending platform Funding Circle, City A.M. understands. The peer-to-peer lending group is set to post a full-year loss of £36m when it publishes its accounts on Tuesday, after expanding into Europe and the US ate into profits. However, revenues at the firm, which was founded in 2010 [...]