Merry Stressmas, and an anxious New Year December 13, 2016 It's the most wonderful time of the year! But it can also be a very stressful time for many. For people already suffering from common mental illness (mild to moderate depression or anxiety), Christmas can be difficult because of the expectation to be happy, with existing feelings of inadequacy and isolation being compounded. For others, [...]
The number of Uber drivers fighting for workers rights has doubled December 12, 2016 The number of Uber drivers claiming they are workers rather than self-employed has now doubled as a further 25 drivers joined as claimants in a legal case which ruled in favour of them in October. It brings the total number of drivers in the case seeking rights to holiday and sick pay along with other benefits to 50, [...]
These are 2016’s top 100 influential leaders in fintech (part 1 of 4) December 7, 2016 It is no secret that the financial services industry continues to be transformed by the digital revolution. According to PWC, roughly 20% of financial services business is at risk of disruption to fintech companies by 2020. It follows that investment into the sector continues to rise. In 2015, funding of fintech businesses more than doubled [...]
City Moves for 10 November 2016 | Who’s switching jobs November 10, 2016 Touch Surgery Eric Collins has been appointed by Touch Surgery as chief operations officer. Eric is a technology executive who has spent a career building the value of software companies through innovative product, distribution, monetisation and partnering strategies. Previously he has held roles at AOL, Time Warner and SwiftKey/Microsoft. He was also appointed by former [...]
Be warned: Careless talk costs jobs November 9, 2016 Loose lips recently hit the headlines when England manager Sam Allardyce stepped down from his role by mutual agreement, following a sting operation by the Daily Telegraph which resulted in him being caught on camera offering questionable services in return for cash. While most of us are not quite interesting enough to be the subject of [...]
How SoftBank won “national interest” backing from Theresa May for its “game-changing” Arm takeover November 7, 2016 Even the most devout follower of the London Stock Exchange’s RNS feed may have been confused by a statement issued by SoftBank last week. The Japanese lender published the number of staff employed by British tech giant Arm, a company it acquired in a £24bn mega-deal over the summer, as at 5 September. The figure, [...]
Employment tribunal ruling could cost Uber over £17m, says employment lawyer October 28, 2016 Today's landmark ruling by an employment tribunal that Uber drivers are not self-employed but entitled to basic workers' rights such as holiday pay, could cost the company in excess of £17m, according to an employment lawyer. Sean Nesbitt, partner in the employment team at law firm Taylor Wessing, said: "It is economically significant to Uber. [...]
Uber drivers are NOT self-employed but entitled to workers’ rights, says employment tribunal October 28, 2016 Uber drivers are entitled to basic workers' rights, an employment tribunal announced today, in a landmark legal case. The hearing at a London employment tribunal is the first case of its kind in the UK. The action was brought by the GMB union which represents drivers, and law firm Leigh Day. Nigel Mackay, employment lawyer [...]
Employee rulings in New York and London to have “staggering” impact on the likes of Amazon and Uber October 28, 2016 Amazon has agreed to stump up $100,000 (£82,000) in back-pay to a New York delivery driver whose wage packet was deducted for lunch breaks he didn’t manage to take. In a ruling many American delivery contractors will welcome coming up to Christmas, the state attorney general said the settlement will mean short-term workers are entitled to receive [...]
Don’t rely on downsizing to make up for your insufficient pension October 27, 2016 After years of runaway house prices, few will be surprised that a sizeable proportion of the UK’s net wealth is tied up in property. The latest ONS statistics show that dwellings make up a massive 62 per cent, or £5.5 trillion, of the country’s £8.8 trillion total. So it is also unsurprising that many see [...]