London job market flounders in July, but hope on the horizon for red tape workers August 10, 2016 London's job slowed to a snail's pace in July, new figures out today show, but one particular set of skills may find itself in hot demand in the not too distant future. Morgan McKinley's London Employment Monitor for July found available jobs had decreased by 12 per cent month on month, while the number of professionals seeking [...]
What’s holding back The Leap 100? August 9, 2016 The Leap 100 are bullish about the future. “Nothing can stop us,” says one founder, echoing the optimism of fellow members. Nearly a quarter are targeting revenues of £100m and above in the next three years, with two thirds aiming to hit between £10m and £50m. An impressive 47 per cent say that they expect [...]
How Fever-Tree co-founder Tim Warrillow is shaking up the premium drinks industry August 9, 2016 You can’t walk down a London street these days without tripping over a flourishing market, street feast or pop-up bar. The stoics have lost; epicures, connoisseurs and bons vivants have won. We’re all hedonists now. This never-ending quest for the best was something Tim Warrillow and Charles Rolls identified when they started Fever-Tree in 2005. Tim had [...]
The Loch Ness Monster of investments? Trade body says there is no evidence of hidden fund fees August 9, 2016 The investment managers’ trade body has published a report questioning the existence of hidden fees lurking in funds. The Investment Association today condemned “hidden-fees hysteria”. The IA research, carried out by Fitz Partners and published today, found that equity fund returns are 0.71 per cent above index returns each year, looking at data from between [...]
Intellectual property strategy should be at the heart of every startup’s plans right from the start August 9, 2016 Protecting intellectual property is probably not the first thing that springs to an entrepreneur’s mind during the heady days of founding their business. But it can’t be ignored. In fact, it should be taken seriously right from the start and integrated into the overall strategy of the business. The most common mistake founders make is [...]
Lending Club second quarter earnings reveal further financial hurt August 9, 2016 Being the first company to tap into a new market often is hugely advantageous. For Lending Club this has been anything but the case as second quarter results released overnight indicate. The peer-to-peer lender widened its losses from $4m (£3m) to $81m, its loss per share was nine cents – worse than analysts expected – and Carrie Dolan, [...]
Banking bazooka? CMA report great for fintech, costly for banks August 9, 2016 The competition watchdog has today handed fintech startups a bazooka for their mission of disrupting banks, with new rules for making data more open to improve customer choice. The so-called big four – HSBC, Lloyds, Barclays and Royal Bank of Scotland – and other smaller high street banks will have to work together to create standards for sharing [...]
11 business podcasts you need to listen to on your summer holiday August 9, 2016 Podcasts are becoming an increasingly popular medium – partly thanks to the success off the likes of Serial, but also because they're one of the easiest ways to take in information. Looking for something to listen to on the beach? Look no further… 1. TedTalks Business A classic but a goodie, Ted has built up [...]
Fancy life as a human body designer or rewilding strategist? These 10 creepy-sounding job titles will exist by 2025 August 9, 2016 Technology may have an ever-increasing effect on jobs, with everyone from accountants to, er, world record holders worrying about where their jobs are going. But it also means new job titles are springing up every day. New research conducted by Microsoft Surface and The Future Laboratory has predicted 10 new job titles expected to emerge in the [...]
Boohoo’s share price reaches an all-time high after it upgrades forecast August 9, 2016 Online fashion retailer Boohoo's share price climbed 5.47 per cent in early morning trading, reaching an all-time high of 78.68p, after the company revised its expectations for the year upwards. The board announced its results for the current year will be "above expectations", with sales growth between 28 per cent and 33 per cent – up from an anticipated [...]