Looking for a new year’s resolution? Invest in ethical finance December 22, 2017 As a society, we have never been more aware of the impact of our actions. From the food we eat to the cars we drive, our sense of social conscience has never been stronger. In 2016, data from The Vegan Society showed there has been a 360 per cent increase in the number of vegans [...]
This is how insurers can become part of the sharing economy July 13, 2016 If the general public was asked ‘what does the insurance industry do’, it’s unlikely the answer would be; ‘it supports entrepreneurial innovation and endeavour ’. But that’s precisely what insurers do and the exponential growth of the sharing economy has provided an interesting challenge for insurers in this role. Sharing enablers such as AirBnB, RideLink and Vrumi are [...]
Rarer than a unicorn? This venture capital firm just floated in London June 15, 2016 Draper Esprit, the European firm which has backed startups such as LoveFilm, Graze and Lyst has made its stock market debut in a rare move for a venture capital firm.. With a dual listing on Aim and Ireland's Enterprise Securities market (ESM), shares on London's junior market were up as much as four per cent on the [...]
Best of the Brokers for 22 June 2015 June 21, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com AUTO TRADER GROUP Numis reiterated its “buy” recommendation for the online car market, citing encouraging financial year 2015 results, with revenues up eight per cent and EBITDA up 15 per cent. The broker described the group as set fair, and said it will [...]
Arsenal target Jamie Vardy set to delay decision on future until after Euro 2016 June 7, 2016 Striker Jamie Vardy looks set to adhere to the wishes of England manager Roy Hodgson and postpone any decision over his domestic future until after the European Championship. Arsenal triggered a £20m release clause in Vardy’s contract on Friday while the 29-year-old was expected to decide whether to join the Gunners or stay with Premier [...]
Football betting: Take classier Welsh to breach Northern Ireland’s sturdy defence June 23, 2016 Having claimed temporary bragging rights over neighbours England by topping Group B, I’m backing Wales to cause further hurt for fellow home nation Northern Ireland in their Euro 2016 knockout tie tomorrow. Wales have come on massively over the last five years and it’s no fluke that they are in the last 16 of a [...]
Brexit worries are dampening consumer confidence, says Marks and Spencer boss May 25, 2016 Consumer confidence has been hit by uncertainty over the EU referendum and has consequences for retailers, according to Marks & Spencer boss Steve Rowe. Speaking today after Marks & Spencer posted its latest results, the company's new chief executive said short term confidence has been knocked. “Customer confidence and optimism, particularly in the short-term, in the last few [...]
Neil Woodford has invested more cash in this tech startup May 11, 2016 Neil Woodford has increased his stake in Drayson Technologies, a UK startup specialising in wireless technology. The top fund manager's Patient Capital Trust is among investors to plough £8m into Drayson in a new round of funding, bringing the tech firms investment to date to £26m. Read more: This Woodford-backed estate agent is on course for triple-digit growth The [...]
This £4bn problem is stunting SME growth October 16, 2017 Every year, tens of thousands of small businesses see their loan applications refused by the big banks. In fact, figures from the British Business Bank (BBB) indicate that this amounts to around £4bn in loans annually – a staggering figure when you consider that this is preventing businesses from being able to reach their full [...]
Meet the firm which hopes to solve the late payment problem September 7, 2017 Most firms just aren’t ready for the tsunami of changes around working capital which will hit British businesses this year. This warning comes from Tony Duggan, chief executive of fintech firm Crossflow Payments, a company which acts like a cog between corporations, their suppliers, and funding providers – ensuring that suppliers don’t have to wait [...]