Marcus Rashford to hold talks with Deliveroo over workers’ rights March 26, 2021 Marcus Rashford is reportedly set to hold discussions with Deliveroo amid rising concerns about the way the delivery giant treats its workers. Deliveroo has come under scrutiny in recent days after it emerged many of its riders were not earning minimum wage. A string of major investors have also distanced themselves from the company’s blockbuster [...]
Deliveroo float under fire as major investors balk at workers’ rights row March 25, 2021 Deliveroo’s blockbuster stock market float is under pressure after a string of high-profile investors said they will steer clear of the IPO due to the way the company treats its workers. Legal & General Investment Management and M&G today became the latest institutional investors to announce they will not take part in the delivery giant’s [...]
Digitisation of the economy sped up PensionBee’s float plans March 23, 2021 The transition to a digitised economy sped up PensionBee’s plans to float on the stock market, an idea it first began to mull in 2016. This morning online pension provider PensionBee announced its intention to float on the London Stock Exchange. The IPO would comprise an offer to institutional investor and eligible PensionBee customers. More [...]
Thomas Tuchel has turned Chelsea into a winning machine – but the football is surprisingly dull March 22, 2021 Thomas Tuchel’s transformation of Chelsea from freewheeling self-saboteurs to uber-efficient winning machine continues apace. Days after reaching the Champions League quarter-finals by beating kindred spirits Atletico Madrid, they marched into the last four of the FA Cup with minimal flourish against Sheffield United on Sunday. So serene has their recent progress been that media-shy Roman [...]
City A.M. TV: Daily Market Snapshot (video) March 22, 2021 City A.M. TV: Daily Market Snapshot (video)
Sir Richard Branson-backed air quality tech firm raises $3m to expand in UK March 22, 2021 Airly, the air quality tech firm backed by Sir Richard Branson, has raised $3.3m in a funding round to expand its platform globally. The company, which provides AI-driven insights on air pollution, is planning to open offices in the UK and the US and double its staff count. It currently counts Philips, Virgin, Innogy, PwC, [...]
A passage to India? British fintech firms turn to the sub-continent March 19, 2021 PayPal failed in India, but that doesn’t mean other fintechs should stay away. Gaurav Singh, Founding Partner at JPIN VCATS, explains why the sub-continent still offers such promise. India represents arguably the greatest market opportunity in the world, particularly for FinTech start-ups. It has the third largest number of start-ups in the world, and there [...]
Screenshot: Who’s invited to the UK’s summer of fun? March 19, 2021 This week **Media Moment of the Week: No 10’s power vacuum **Who’s invited to the UK’s summer of fun? **BT gets a broadband boost Media Moment of the Week: No 10’s power vacuum There are two main things to remember when unveiling your grand £2.6m briefing room to the world: make sure it doesn’t look [...]
Uber’s treatment of workers wasn’t sustainable, but the ruling shouldn’t be the downfall of the gig economy March 18, 2021 This week we saw Uber’s lengthy court battle with regulation come to an end, as the Supreme Court ruled that it must classify its drivers as workers, entitling them to minimum pay, holiday and pensions. The debate around the welfare of gig economy employees has been on the agenda for a good few years now, [...]
The artificial intelligence influencers that you should be following March 18, 2021 Artificial intelligence (AI) is the ultimate manifestation of the promise of technology to improve our lives. Within our lifetimes AI will become omnipresent across every segment of economic activity and within every field of human endeavour. But AI is not a single genus but a constellation of technologies that must work together in harmony. By [...]