University spinouts boom as startups pull in billions SME Academics are increasingly going on to start their own start-ups, with a surge in spinouts, patents and investment pointing to the growing commercial impact of Britain’s research base. New figures seen by City AM show the number of UCL academics seeking to commercialise their research has jumped by more than 25 per cent since the [...]
UK tech faces hiring crunch despite AI visa push Tech Applications from overseas tech workers wanting to move to the UK have dropped significantly, adding to concerns over talent shortages in one of the economy’s faster growing sectors. New data by accountancy firm RSM UK found the number of international workers applying for a UK visa to work in tech dropped 11 per cent from [...]
JPMorgan Chase poaches record number of senior bankers as Wall Street talent war escalates Banking JPMorgan Chase has hired a record number of senior bankers in the past year, poaching about 100 managing directors from rivals including Goldman Sachs and Citigroup, as Wall Street’s largest lender looks to expand its investment banking franchise. The bank has brought in more managing directors to its commercial and investment banking division in the [...]
US giant Anthropic poaches British AI firm founders in OpenAI rivalry August 13, 2025 Anthropic has hired the three cofounders of London-based AI startup HumanLoop, along with most of its engineering and research staff, in its latest move to bolster AI talent in Europe. As Sifted reported on Tuesday, the hires include chief executive Raza Habib, chief tech officer Peter Hayes and chief product officer Jordan Burgess, all of [...]
Losses continue at Simon Cowell’s talent agency YMU amid high-profile departures July 18, 2025 Losses continued at the London talent agency which represents the likes of Simon Cowell, Graham Norton and Ant and Dec in the period it was sold for £60m, it has been revealed. YMU, whose clients also include Stacey Solomon and Davina McCall, was taken over by Permira Credit in March 2024. The deal, which saw [...]
FTSE 100 pay revolts double as race with US rivals heats up July 4, 2025 Shareholder rebellions against FTSE 100 executives’ bumper paydays more than doubled in the first half of 2025 as companies boosted pay in a battle to compete with US giants. Pay revolts were up 120 per cent in the first six months of the year as the likes of Melrose, British Gas-owner Centrica and Univelever faced [...]
Bonuses force Jonathan Ross’ talent agency into the red June 30, 2025 Staff bonuses have forced the talent agency, which looks after the likes of Jonathan Ross, Michael McIntyre and Jo Brand, into the red. Off The Kerb Productions has reported a pre-tax loss of £1.8m for the year to 30 April 2024, having posted a profit of £5.1m in the prior 12 months. The figures have [...]
Simon Cowell’s talent agency YMU significantly cut loss ahead of sale October 14, 2024 The talent agency that represents the likes of Simon Cowell, Graham Norton and Claudia Winkleman significantly cut its pre-tax loss in the year before it was sold. YMU, whose clients also include Nicole Scherzinger, Stacey Solomon and Ant and Dec, has reported a pre-tax loss of 32m for 2023, according to newly-filed accounts with Companies [...]
Square Mile and Me: James Uffindell on building Bright Network August 29, 2024 Each week we ask a City figure to take a trip down memory lane. Today, James Uffindell, CEO of Bright Network, takes us through his career.
London may be the top talent spot now, but Dubai and New York are hot on its tails May 5, 2024 London has come out on top as the most attractive spot for talent in the world, but its crown can easily slip, Nick South writes.