Starling Bank announces partnerships with mortgage broker, investment and pensions firms and insurer in open banking push February 13, 2018 Starling Bank will today unveil four new partners for its in-app marketplace, raising the prospect of customers buying insurance and even gaining a mortgage through the bank's app within weeks. The digital-only bank will launch an integration with Pensionbee in its app from today, with digital investing service Wealthsimple, mortgage broker Habito and Kasko travel [...]
Now Oxfam have been rocked by scandal. Where did it go wrong? February 12, 2018 OXFAM IS IN the news. On Sunday, the charities watchdog demanded that the world-famous anti-poverty organisation explain whether there was any truth to the accusation that staff used prostitutes in Haiti in 2011 and then covered it up, allowing at least one of those people to work for another aid agency. The suggestion is [...]
Presidents Club: MPs line up to condemn “slimeball” event as Charity Commission confirms “assessment” into men-only fundraiser January 24, 2018 Female MPs have lined up to slam the Presidents’ Club for hosting a “slimeball” charity dinner, as the Charity Commission confirms it is “assessing” allegations. Conservatives including minister for digital and creative industries Margot James and former minister Maria Miller were among those to criticise the annual fundraiser after an undercover story by the Financial [...]
Blue Monday: Who’s picking up the mental health tab? January 15, 2018 Following a season of parties, over consumption, end of year targets, and the prospect of keeping New Year’s resolutions, it’s no wonder the aftermath of the festive period can be a time of acute mental health issues. It’s also a time of particular difficulty for those with year-round conditions. The UK faces a significant challenge [...]
Bill Gates gives away $4.6bn in Microsoft shares to the Bill and Melinda Gates Foundation charity August 15, 2017 Bill Gates has given away $4.6bn (£3.6bn) in shares in Microsoft, in his biggest charitable donation since 2000. The world’s richest man gave away 64m shares in the firm to the Bill and Melinda Gates Foundation, the development charity he runs with his wife, in June, according to a filing to the US regulator, the [...]
Interiors: Fine Cell Work is a charity harnessing the sewing talents of prisoners to make exquisite embroidery April 7, 2017 Walk into any of the upscale Firmdale Hotels in London or New York and you are struck by the confidence, colour and energy of the décor. There’s pattern, texture and embroidery everywhere. And if something catches your eye, there will often be a story behind it, but maybe it isn’t one you expected. Whether it’s [...]
Budget 2017: The full text of chancellor Philip Hammond’s speech March 8, 2017 Philip Hammond has delivered his first – and last – Spring Budget. Headline announcements included more cash for social care and punishing new rules for the self-employed – plus some vague comments on business rates. Read more: City A.M.'s TL;DR version of the Spring 2017 Budget Here's what he said: Mr Deputy Speaker, I report [...]
Future of Garden Bridge hanging in the balance, says London politician February 28, 2017 The future of the Garden Bridge is hanging in the balance, despite being cleared of financial irregularities, according to a London Assembly member. Vauxhall MP Kate Hoey had complained to the Charity Commission about the project, citing concerns about spending by the Garden Bridge trust. Earlier this year, the trustees admitted the project could cost [...]
Give David Beckham his knighthood and celebrate all the other donors too February 6, 2017 We have a strange relationship with charity in this country. We depend on it enormously – to the tune of £19bn in income from individuals every year. This is a sector of industrial proportions, which the Charity Commission estimates has a total income of over £60bn a year and employs over 800,000 people. Yet we [...]
Theresa May is to deliver a much-anticipated speech on Brexit next week January 12, 2017 Prime Minister Theresa May looks set to deliver a landmark speech on Brexit early next week. The speech, which has been anticipated for weeks, is expected to see the Prime Minister add more detail to her plans for quitting the European Union. May will deliver an address on Tuesday. While outlining her vision of a "sharing society" speech [...]