Equity crowdfunding’s leading founders predict what’s in store for the sector in 2017 January 5, 2017 Equity crowdfunding will look even more grown up by Christmas 2017. More regulation is coming to the sector: the Financial Conduct Authority (FCA) has said it’ll consult this year on new rules, in a bid to improve protection for retail investors and increase transparency around financial promotions. Read more: The FCA is cracking down on [...]
Opinion: The Budget left out property and the housing crisis – but here’s what Philip Hammond should have done instead March 13, 2017 Apart from a nod towards business rates (the devil will be in the Finance Act detail), the Budget was almost a property-free zone. But Mr Hammond missed out on some much-needed blue-sky thinking, especially if the government is going to fix what it calls the ‘broken’ housing system. Here are some things that Spreadsheet Phil [...]
Watch out Uber? Addison Lee’s investing £17m in 550 new Ford Galaxys November 14, 2016 Addison Lee is striking while the iron's hot. It has just announced some hefty investment, plugging £17m into new cars, purchasing 550 Ford Galaxy people carriers, as it renews 12 per cent of its 5,000 strong fleet. Earlier this year profits were down as it battled the rise of mobile challengers, like Uber. But with the [...]
HMRC in £468m small business tax haul January 23, 2017 Local compliance teams investigating small and medium sized businesses (SMEs) brought in substantial extra revenue to the taxman last year. HMRC has shifted its resources away from large businesses and towards SMEs, which they estimate represent 51 per cent of the country’s “tax gap”, the difference between the amount of tax collected and the amount [...]
Blockchain and the unchanging face of motorsport November 27, 2018 SINCE its first competitive race in the early 19th century, motorsport has become one of the most popular sports in the world; attracting millions of fans from more than 194 countries all looking to benefit from the exhilarating, emotional experience of the track. However, despite its popularity and the advancement of different technologies impacting various [...]
Ultimate Products eyes sale or IPO and mandates Shore Capital March 15, 2016 The owners of Ultimate Products, which has the licence to sell Russell Hobbs products to retailers, has hired City advisers Shore Capital to explore a potential sale or IPO of the business. The Manchester-based firm could fetch between £50m and £60m, according to people familiar with the situation. Shore Capital has been asked to explore all [...]
Imagine a parallel universe in which Brexit decisions made sense | City A.M. July 27, 2018 Stop banging on about Europe. That was David Cameron’s plea in 2006, in those halcyon days before the term “Brexit” had even been coined. Today, 12 years later, it is difficult to bang on about anything else. Brexit has infiltrated every strand of political discourse. Read more: Brexit secretary admits food will need to be [...]
Deliveroo fends off union bid to represent workers in Camden in win for gig economy May 2, 2018 Deliveroo has fended off a challenge by the Independent Workers Union of Great Britain (IWGB) to represent its workers in Camden after the High Court rejected its push against the gig economy. The IWGB applied for a judicial review on an earlier decision that ruled that Deliveroo drivers should be classified as self-employed. As a [...]
Many PRs don’t understand how influencers work. That must change. March 20, 2017 As someone who works in the PR industry and also runs a football culture blog, I have seen “influencer marketing” from both sides. Building on my recent City A.M. post on the growth of microinfluencers, here are my insights on where PRs go wrong and how they can work better with influencers. Most PR [...]
Just Eat cooks up £3.5m investment for Time Out associate tech group Flypay October 10, 2016 Takeaway giant Just Eat has funnelled a £3.5m investment into Time Out associate tech company Flypay. The mobile payment app is part of Time Out's strategy to monetise local businesses and plays an "important role" in its strategy to transform into a global multi-media and entertainment business. Time Out, which recently listed on London's junior market, will now [...]