Tech hiring in the second quarter of 2015 dipped due to election jitters August 3, 2015 The uncertainty surrounding the General Election caused hiring in the tech industry across Britain to dip, new figures suggest. There was a six per cent drop in the number of jobs advertised in the technology sector between April and June this year, compared to the previous quarter. The number of permanent vacancies dipped even further however, [...]
Save money on your overseas transfers and payments August 2, 2015 If you use your high street bank to make payments overseas, then you may be paying more than you bargained for There are a number of reasons people need to send money overseas. Common examples include buying and selling international property, or sending money home if you are working overseas. An increasingly connected world means [...]
“I have recently switched to using moneycorp” August 2, 2015 City A.M. has teamed up with foreign exchange experts moneycorp to launch City A.M. International Payments. Since its inception, many City A.M. readers have decided to switch from their bank to moneycorp when making overseas money transfers. Ben Martin is just one example of the many satisfied City A.M. International Payments customers who have taken [...]
The space age: Condeco’s Paul Statham talks trickle-down economics, expansion plans and why being a business leader feels so good August 2, 2015 Back in the early 1980s, the Statham family started an electronic security business in their garage. “We grew it into a fairly formidable company; we had 200 people working for us,” says Paul Statham, son, and now founder and chief executive of Condeco Software. The family sold Masco Security in 1999, in a multi-million pound [...]
Why I left the City to found a business – Investec Comment August 2, 2015 What makes a barrister, with a comfortable salary and a promising career, leave her job and risk everything by starting her own company? It’s a question – or a version of it – that many in the City with an entrepreneurial spirit will have asked themselves. I won’t pretend that it wasn’t a big decision [...]
P2P lending trust raises fresh £400m as investors clamour for income July 31, 2015 P2P Global Investment has raised £400m from its latest C-share issue, as investors clamour for alternative sources of income. The trust is managed from London and lends through a number of online peer-to-peer (P2P) lending platforms around the world, including Lending Club in the US, which is the world's largest P2P platform. In the UK it [...]
It’s not just David Cameron who needs to visit the Asean region: Singapore should be first for the UK’s tech investors July 30, 2015 For ambitious, high-growth UK tech companies with overseas expansion plans, Singapore offers an unrivalled ‘gateway’ into Asia. During his trip to the Asean (Association of Southeast Asian Nations) region this week, Prime Minister David Cameron highlighted Southeast Asia’s 600 million people and thriving emerging economies, which could represent trade worth £3bn to the British economy. [...]
Neil Woodford’s Patient Capital Trust and Rothschild-backed Augmentum Capital lead £10m investment into crowdfunding platform Seedrs July 30, 2015 Star fund manager Neil Woodford and a venture capital fund backed by Lord Rothschild have led a funding round into online crowdfunding platform Seedrs, valuing the business at £30m. Woodford's Patent Capital Trust and Augmentum Capital said they will invest £7.5m into London-based Seedrs. The company will raise an additional £2.5m by targeting existing shareholders and other individual investors [...]
Exit fees review serves as a wake-up call to those who think pensions born in the 1990s are fit for the 21st century July 30, 2015 In April this year, pensions received a makeover Trinny and Susannah would have been proud of. Described as a revolution, the new pension freedoms aimed to wipe a tatty slate clean and give everyone as much choice with their retirement income as they could want. Pension savers are now treated like adults; to spend [...]
David Cameron backs FinTech manifesto to make UK a world leader by 2020 July 30, 2015 David Cameron has put his weight behind the UK’s technology startups and the finance world with the backing of a manifesto for making Britain the world leader in Financial Technology. The Prime Minister has lent his support to the five-year plan which aims to grow investment in the sector to six times its current level [...]
