Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals
Gimme 3: Startups crowdfunding this month November 17, 2014 Oak and Iron Target: £55,000 for 30 per cent equity The furniture company uses environmentally friendly processes and locally sourced materials. Owner Terry Facey has made furniture for Harrods. Raised: £44,700 www.fundingtree.co.uk Grub Club Target: £250,000 for 15.6 per cent equity A team on a mission to change how we dine by creating pop [...]
How we can turn London’s thriving tech startups into billion dollar digital giants November 16, 2014 Just four years after the Prime Minister and the mayor of London launched the Tech City initiative, London now has one of the fastest growing technology sectors in the world. Visitors to any of its tech hubs will be struck by the industry and dynamism of the capital’s entrepreneurs and startups, driving innovation and change. [...]
Thinking bigger: My Voucher Codes founder Mark Pearson talks Fern Britton and young tech entrepreneurs November 16, 2014 While we’re talking, it suddenly dawns on Mark Pearson that it’s his company’s eighth birthday. “It’s definitely around now,” he laughs, raising his empty plastic water cup in the air. In June of this year, Pearson sold My Voucher Codes, as part of his parent company Markco Media, to global mobile money technology provider [...]
Taylor St Brewing a £3m crowdfunding November 12, 2014 TAYLOR St Baristas, a trailblazer in the City’s speciality coffee scene, plans to raise up to £3m through the launch of the UK’s first crowdfunded Coffee Bond. The bond is live on Crowdcube and Taylor St plans to double the size of its business over the next two years, with funds gained being used to [...]
Quotas on immigration would be a disaster for London’s tech startups November 12, 2014 Political debates over the benefits and drawbacks of immigration will no doubt rage on for years to come. But while the opposing sides pick apart the evidence over the impact of migrants on the public purse, one thing is clear: London’s tech ecosystem faces a very significant skills shortage. Government should be doing all it [...]
Caterham F1 raises £1.2m in crowdfunding project as possible buyers begin to surface November 11, 2014 Potential buyers have emerged for Caterham F1, with the cash-strapped Formula One team having raised over £1m in crowdfunding in just 48 hours. The team is looking to raise £2.35m to allow it to race in the Abu Dhabi Grand Prix on 23 November. Finbarr O’Connell, a partner from Caterham’s administrator Smith & Williamson, launched the [...]
The emerging market growth story: Is it due a comeback? November 11, 2014 EMERGING market investors saw spectacular annual returns of around 30 per cent between 2003 and 2007. Over those four years, the developing world enjoyed a virtuous cycle of strong commodity prices, high capital inflows, strong currencies and falling inflation. That cycle is now working in reverse – emerging markets have underperformed developed markets by 50 [...]
RateSetter founders Peter Behrens and Rhydian Lewis talk banks, Australia and dwarves November 9, 2014 Ask the founders of a business if they’ve got a good setback story, and they’ll usually give you something fairly typecast. Not in the case of RateSetter. “Pete the painter,” answers Peter Behrens firmly, looking over to co-founder Rhydian Lewis. It seems completely off piste, but it actually shows that rumbling the status quo, [...]
Super-SMEs are Britain’s growth dynamo: They deserve our support November 9, 2014 A NEW report from Octopus Investments and the Centre for Economics and Business Research reveals that high growth small businesses (HGSBs) are the driving force behind recent growth in the economy and employment. The High Growth Small Business Report shows that HGSBs – firms with an annual turnover of between £1m and £20m, growing at [...]
Pensions sales drive strong third quarter results for Royal London November 6, 2014 Royal London Group – the UK’s largest mutual life and investment company – posted strong third-quarter results yesterday, with pensions sales up 39 per cent year-on-year. Group pension sales were a key driver for company’s positive results, up 101 per cent to £1.72bn from the third quarter of last year. Individual pensions and drawdown sales [...]
