A nation driving innovation – why the UK is still a great place for global fintech companies August 4, 2023 Martin Heraghty, Regional Director Europe, Paymentology As an international financial powerhouse, the UK – and in particular London – is a great place for a fintech company to be based – even when times are tough. Despite the economic fallout of Brexit, soaring inflation and the cost of living crisis, the UK is still ranked [...]
Why Houghton festival is the best of the August music festivals August 4, 2023 Houghton festival takes place August 10 – 13 in Norfolk If you fancy a dance this summer, and are into electronic music, try Houghton festival in Norfolk. Other than having a particularly beautiful setting, there are a few reasons we particularly love this event. There is music pretty much round-the-clock, with sets from some of [...]
WPP profits tumble 51 per cent as advertising giant shifts focus to AI plans August 4, 2023 The world’s biggest advertising firm WPP reported a “resilient” performance in the first half of the year despite plunging profits as they start to build out AI plans. WPP reported profit before tax for the first half of 2023 dropped 51 per cent to £204m, compared to £419m compared to the first half of 2022. [...]
GAM urges shareholders to accept Liontrust takeover as outflows rise August 3, 2023 Swiss asset manager GAM has again called on its shareholders to vote in favour of a takeover bid from UK rival Liontrust as it reported a poor performance for the first half of the year. GAM today reported net outflows of CHF2.2bn (£2bn) and a pretax loss of CHF22.5m – far steeper than the CHF15.4m [...]
Is Michael Saylor paving the way to add even more Bitcoin to MicroStrategy’s coffers? August 3, 2023 MicroStrategy Inc appears to be shaping up to add even more Bitcoin to its colossal crypto cache of 152,800 BTC.
Monzo staff comms reveal anti-Tory messages as de-banking scandal grows August 3, 2023 Monzo staff made multiple disparaging remarks about the Conservative party, according to reported internal company messages, as a growing row about lenders closing individuals bank accounts engulfs the banking sector. The internal communications, reported by The Telegraph, show staff describing Tories as “evil”, and called for Conservative MP Jacob Rees-Mogg to “do the human race [...]
Are office pods a good investment? August 3, 2023 Office Pods are becoming more popular because while it is true that most corporate environments favour open plan designs, it is also true that this kind of designs pose a big problem when it comes to privacy and silence. Open plan offices have a focus on collaboration, where all workers sit together in a single room [...]
‘Sooner The Hundred is scrapped the better, the Ashes shone’ August 3, 2023 I’ve had a tough summer so far on behalf of readers, dragging myself from Ashes to Ashes – a day at each of the five men’s Tests plus one of the women’s T20s. From the maddening Rubik’s Cube of ticket application ballots last autumn, through the tyranny of rail strikes, to the final dose of [...]
UK energy sector M&A activity rises to £10bn this year despite economic gloom August 2, 2023 A flurry of business activity saw nearly £10bn of M&A deals powered by the energy sector in the first six months of 2023, according to PWC.
Asda facing £1.2bn bill to 44,000 staff as leaked email piles pressure on pay dispute August 2, 2023 Asda is at risk of losing £1.2bn in historic compensation payouts according to the union representing staff, after a leaked email appeared to strengthen their case today. The email, which was obtained by ITV news, from lawyers Leigh Day compared the knowledge and responsibility of female workers – who traditionally work on shop floors – [...]