The purposeful CEO is dead: Long live the ‘corporate diplomat’ December 31, 2024 The era of green-centric grandstanding by CEOs might be over – welcome to the age of corporate diplomacy, writes Ali Lyon It had never been more essential, Blackrock’s Larry Fink wrote in the 2022 edition of his widely-read annual letter to CEOs, for bosses “to have a clear purpose”. “Putting your company’s purpose at the [...]
Small businesses gear up for growth despite Budget pressures December 29, 2024 Small and medium sized enterprises (SMEs) are gearing up for expansion in 2025 despite fears about the state of the economy. In a survey of over 2,000 SMEs conducted directly after Labour’s Autumn Budget, 81 per cent said they were confident their business would grow next year, with confidence among those employing more than 50 [...]
Will Trump mean more American expats coming to the UK? December 22, 2024 As leaders sit on the edge of their seats, bracing for the impact of Trump’s tariffs, they may find an offset – albeit a slight one – in the form of American expats joining their economies, says Bill Sedat Frater Reflecting on the US elections, it’s hard to ignore the role tax policy played in [...]
A turbulent year for London’s markets… in four graphs December 19, 2024 “There’s always light at the end of the tunnel,” said one London Stock Exchange executive in March, just after two more firms announced they were heading for the exit. “Don’t lose your head amongst all the doom-mongering.” It is a mantra that London’s bourse has had to hold onto over the past 12 months as [...]
If we want more women-led businesses we need more female angel investors December 19, 2024 For women-led businesses, female angel investors play a critical role in helping them take off. This is exactly what we need to strive for; an investment landscape that reflects society, says Hannah Bernard Startup founders and investors are the two sides of the entrepreneurship coin. Anyone who cares about entrepreneurs, should also care about the [...]
Crowdcube: Turnover falls by half as losses continue December 13, 2024 Turnover at funding platform Crowdcube fell by half during its latest financial year as it continued to lose money, it has been revealed. The London-headquartered business has reported a turnover of £7.5m for 2023, according to newly-filed accounts with Companies House. The new figure comes after Crowdcube posted a turnover of £14.4m for the 15 [...]
Only the most ‘robust and resilient’ will survive post-Budget blues December 10, 2024 Jennifer Sieg meets Joanna Jensen, serial entrepreneur and founder of family skincare brand Childs Farm, to discuss all things business, investment and start-up trends If you are not prepared to make big personal sacrifices to boost your returns or retain your staff, you might not want to start a business anytime soon. This is the [...]
Starmer’s ‘tax-take’ Britain will see us take a back seat in the looming tech revolution December 10, 2024 Starmer’s tax hikes and half-baked policy aims are squeezing the last drop of entrepreneurial zeal Britain has, just as the world embarks on the greatest technological revolution for two centuries, warns billionaire tech VC and philanthropist Tej Kohli. The Prime Minister’s refusal to rule out further tax hikes on top of those he’s already imposed [...]
Gary Lineker won’t be the last celebrity to fall foul of HMRC December 10, 2024 With the government’s efforts to close the tax gap, high profile individuals like celebrities, athletes and entertainers, are increasingly finding themselves under HMRC’s scrutiny, says Phil Clayton Gary Lineker is making the headlines once again – this time as a result of HMRC’s continued efforts to overturn the First Tier Tribunal’s (FTT’s) decision on £4.9m [...]
OakNorth boss says ‘wealth creators’ leaving UK over tax hikes December 9, 2024 The co-founder and chief executive of challenger bank OakNorth has warned that “wealth creators” are fleeing the UK over tax hikes as he accused the new government of falling short on entrepreneurship. Rishi Khosla, whose start-up bank has lent more than £10bn to businesses since launching in 2015, told City AM that “even when you [...]