Eating lunch at your desk again? Here’s how the City does delivery September 23, 2014 Eating al-desko isn’t just about showing your boss you’re the keenest worker-bee in the office. As winter draws nearer it’s also a way of eating your sandwiches without getting frost bite. The latest lunch-break craze in the City allows hungry employees to select, buy and eat their lunch without leaving their office at all. Delivery [...]
The elder statesman: Lord Young talks motorways and tear gas September 21, 2014 If the Conservatives win next year’s general election, Lord Young will be the oldest person to work in Number 10 ever, beating William Gladstone, who was Prime Minister until he was 83. “Margaret Thatcher asked me to go into Cabinet 30 years ago. Now David Cameron tells everybody that he and I are the only [...]
London’s tech boom is more than just hype – and the City is at its heart September 18, 2014 WHILE London Technology Week may not yet rival London Fashion Week for glamour, there is real substance to the capital’s tech boom. This is why, for the first time, TechCrunch is bringing its Silicon Valley conference to London this October. A number of things are driving this tech boom. London has long acted as a [...]
Where to drink in the City: The changing face of Square Mile nightlife September 17, 2014 The City of London: engine-room for the country’s economy, working place of some of the most powerful decision-makers in the Western world. But the Square Mile is strangely anachronistic in terms of its watering holes. If you fancy a drink after work, the choice has tended to be between good old spit and sawdust boozers [...]
How Google and Amazon workers keep their focus September 15, 2014 Harriet Green examines the Two Pizza Rule and the benefits of workplace mindfulness. Distractions can be crippling to productivity. Gloria Mark of the University of California found that, on average, office workers are distracted every 11 minutes. And worse, it takes 25 minutes to return to a task once you’ve wandered onto something else. [...]
Dealmakers thrive in City’s flotation frenzy September 14, 2014 DEALMAKER of the year Although there has been a dearth of mergers and acquisitions so far this year, there has been a rash of initial public offerings (IPOs) for our dealmakers to get their teeth into. There has been some exciting deals for bankers to get a buzz from. Verizon Wireless’ $130bn deal to take [...]
Photobox boss Stan Laurent: The man driving Moonpig’s growth story September 14, 2014 By the end of April, it became clear to Stan Laurent that London’s doors were effectively closed to new consumer-facing internet companies. There had just been the perfect storm of disastrous market debuts from Just Eat and AO World, along with two profit warnings from Asos that triggered a sell-off in shares of fellow fashion [...]
Why spurious financial precision may be killing our markets – and our fish September 14, 2014 The way we handle uncertainty determines our future. Many of mankind’s self-created problems, from financial crises to environmental devastation, arise from poor analysis of future risks and rewards. We lack confidence in our tools for handling uncertainty. Within the financial sector we’ve been partially burned by derivatives, mark-to-market, or value-at-risk. Scotland’s independence referendum may represent [...]
Biotechnology entrepreneur Sir Chris Evans talks overworn t-shirts, sceptical VCs and pub deals September 14, 2014 They say if you don’t ask, you don’t get – and no one could accuse professor Sir Chris Evans of being shy about coming forward. Today, the medical sciences entrepreneur and government adviser has built companies worth over £3bn, floated 20, employed over 4,000 people and raised over £1.2bn from investors and governments across 30 [...]
We’ve discovered the UK’s tech unicorns – now we must nurture their growth September 7, 2014 After creating its first product in the 1970s, it took Apple years to become one of the world’s most valuable companies. But in today’s technology sector, a new breed of tech firm is emerging – the unicorn. The unicorn is a startup that grows exponentially to reach a billion-dollar valuation within a few years of [...]