Death of a unicorn: Inside one of the biggest startup failures of all time – and Powa Technologies boss Dan Wagner’s surprise statement April 18, 2016 Powa Technologies, once valued at more than $1bn making it one of Britain's rare breed of so-called unicorns, collapsed into tech myth earlier this year. In fact, it was one of the most well funded startups in the world to ever fail, according to tech data gurus at CB Insights, after raising multi-millions of pounds worth [...]
A man who studied rich people for five years found they avoid one type of person April 18, 2016 Who you hang out with matters more than you may think. In fact, your friendships could have a major impact on your net worth. After researching the daily habits of wealthy people for five years, author Thomas C. Corley found that they avoid one type of person at all costs: pessimists. "Self-made millionaires are very [...]
Investment Association to shake up UK Equity Income sector after too many funds given the boot yield requirements April 18, 2016 The Investment Association (IA) is to reconsider one of the more problematic requirements of its UK Equity Income sector after too many funds were found to be failing to meet the mark. The IA is running a consultation into its yield rules, which currently require funds to achieve an average yield of no less than 10 per cent above the FTSE [...]
These are the optimum hours you should be working in middle age April 18, 2016 Ever feel like you're working too much? You'll love what these scientists have to say, especially if you're already over the age of 40. Boffins down under have identified the optimal number of hours we should be working in middle age, and beyond, to keep us sufficiently stimulated, but not so overwhelmed that we become [...]
Neil Woodford: Support UK tech or face economic “doom” April 18, 2016 The UK must do more to support high-tech innovations coming out of our universities to avoid becoming economically “doomed”. Neil Woodford, known for being the UK's most successful investor, says backing our world-class science is crucial for the UK to hold its position as a centre of technological innovation. Having a thriving “knowledge economy” will [...]
Strong start to the year for dividends won’t last, warns Capita as total payouts are set to fall for the first time since 2010 April 18, 2016 This year is set to be the worst for dividends in six years despite growth of 6.4 per cent in the first quarter year-on-year, the latest dividend monitor from Capita Asset Services has found. The total paid out to investors reached £14.2bn in the first quarter, though it will be offset over coming months by £2.7bn of [...]
Week ahead: Economic data and miners set to drive FTSE April 18, 2016 Investors will be wading through economic data this week, with the March unemployment report out on Wednesday and the latest retail sales and public finance figures due Thursday. On Friday the FTSE 100 index was down 21.35 points, or 0.3 per cent, at 6,343.75 points by the close, broadly in line with the European market. [...]
Unconscious bias: What it is and why you should do something about it April 18, 2016 The issue of unconscious bias is featuring increasingly prominently in the thinking of leading organisations when it comes to their company culture, people management strategies, and how they formulate their policies and procedures. But what exactly is unconscious bias? Unconscious bias describes those prejudices each of us inherently has which exist outside of our conscious [...]
Quantum Leap: Harriet Green talks Brexit, dreadnoughts and knives an atom thick with laser entrepreneur Graeme Malcolm April 18, 2016 In the world’s most accurate clock, which lives in Boulder, Colorado and can count 0.0000000000000001 seconds at a time, there is an M Squared laser. “It might not seem important, but timing is really vital,” says Graeme Malcolm, founder of the Glasgow-based laser company. “When the markets crashed in 2008, people went to work out [...]
Not switching jobs has cost younger workers on their pay packet April 18, 2016 Staying put in the same job for too long has cost younger workers on their potential pay packet, a report out today has found. The study by the Resolution Foundation discovered that, had younger workers continued to switch jobs at the pace witnessed in the early 2000s, they would now be earning 30p more per hour [...]
