UCL: Train commutes could make Londoners feel less stressed September 28, 2021 Train commutes can reduce stress and anxiety for Londoners, if used to mentally prepare for the day or decompress on the way home, according to a new study. The study, by the rail industry and the University College London (UCL), found that nearly half of commuters saw their mental health and motivation improve when they [...]
Tom Kelman CA is bringing B-corps to 21st-century business September 28, 2021 For everyone who strived to achieve A grades at school, take heart: B is the new benchmark for 21st-century business. Tom Kelman CA, Consultant Finance Director at B Lab UK, tells Kitty Finstad why the B team is now the one to be on. This article first appeared in ICAS’ CA magazine. Build back better. The [...]
City of London Corporation calls on Labour to support growth of UK financial services September 28, 2021 The City of London’s local authority has called on Labour to give more vocal support to the financial services sectors post-Covid. The City of London Corporation urged Labour “to support and promote the growth of financial and professional services across the UK” to drive the economic recovery. Shadow chancellor Rachel Reeves did not mention financial [...]
Generation Investment Management injects $600m into Octopus Energy September 27, 2021 Al Gore’s investment management firm has pumped $600m into Octopus Energy, sending its valuation north to $4.6bn. The agreement will see Generation Investment Management’s long-term equity strategy take an around 13 per cent stake in the supplier. Octopus is set to use the bout of extra cash to ramp up renewable energy worldwide. Managing over [...]
Vista Equity Partners eye buying British automation software firm Blue Prism – CityAM : CityAM September 27, 2021 Private equity firm Vista Equity Partners is reportedly nearing an agreement to buy British automation software developer Blue Prism. The software group is said to be eyeing an offer of 1,125p a share, which it could recommend today, Bloomberg first reported. It follows reported talks with Vista and US investment firm TPG in late August. [...]
Andy McDonald quits Labour shadow cabinet with attack on Starmer September 27, 2021 A Corbynite Labour MP has today resigned from the shadow cabinet and launched an attack on leader Sir Keir Starmer. Middlesbrough MP Andy McDonald resigned during the third day of the Labour party conference in Brighton, claiming that he refused orders from Starmer to argue against a £15 minimum wage at an event. In a [...]
Space nation: UK looks to make finance more accessible for space tech firms September 27, 2021 The UK is looking to grow itself into a space nation, according to the government’s space strategy published today, as it looks to make finance more accessible for space tech firms. It marks what prime minister Boris Johnson called the “start of the countdown”, as the country readies itself to begin sending its first launches [...]
US markets slide on tech companies despite 3 year high for oil September 27, 2021 In the US both the S&P 500 and the Nasdaq indexes took a tumble from their previous close prices as technology companies spearheaded losses. The S&P 500 was down 0.28 per cent at the open despite a standout performance by energy stocks on the back of surging oil prices. Occidental Petroleum Corp jumped by 7.86 [...]
Downing Street has cycling lanes row with TfL over £100m funding allocation September 27, 2021 Long-running tensions between Downing Street and City Hall have ignited again, after Transport for London (TfL) were slapped down over plans to give £100m to councils that have ripped out cycle lanes. Documents obtained by The Telegraph showed that TfL wanted to give £100m to councils that had removed cycling lanes and eliminated low traffic [...]
Diamond claws: meet the hamster dishing out crypto investment advice September 27, 2021 A crypto-trading hamster known as Mr Goxx is dishing out investment advice to thousands of online followers via Twitch streams. In adorable livestreams the pocket sized trader makes investments from a high tech office attached to his cage. The furry investment guru runs on an “intention wheel” to select an asset before running through one [...]
