We’re a city of time wasters; 70 per cent of London millennials haven’t done anything exciting with their lives, according to the British Army Reserve April 14, 2016 Millennials are just a bunch of time-wasters, according to new research. Over 65 per cent of 18-35 year olds in London say they waste at least some their spare time, while more than one in ten millennials admit to spending almost a full day each week on social media and gaming. Each typical working day, the [...]
Trouble percolates for Caffe Nero over living wage after coffee chain bans free lunches for staff April 20, 2016 In recent weeks, several businesses have announced they will fund the living wage by cutting back perks for staff – something which is causing the public to turn against the brands in question. One of the best examples where this has happened is Caffe Nero. The high street coffee chain reacted to the introduction of [...]
World of trading revolves around rumours, says barrister representing Iraj Parvizi in insider trading case April 19, 2016 The barrister representing a businessman on trial for insider trading told a court today that the world of trading was dependent on the rumour mill. Former Aria Capital director Iraj Parvizi has been charged with conspiracy to insider deal on various occasions between 2006 and 2010, alongside accountant Andrew Hind, former Panmure Gordon stockbroker Andrew Grant Harrison, private day trader Benjamin [...]
Fintech founders choose their favourite business books August 8, 2016 Stuck for what to read this summer and want to use the time improving your business acumen? City A.M. has asked five of London’s leading fintech founders what they’d recommend. Hiroki Takeuchi, co-founder of GoCardless, the online direct debit provider Five dysfunctions of teams, by Patrick Lencioni I love books that introduce me to [...]
Adverts selection: OpenX’s Tim Cadogan and John Murphy on why ad exchanges are a market for lemons and how to improve the quality of traffic September 5, 2016 In the eyes of OpenX, advertising has – or had – a distinctly economic problem. For brands and publishers which trade advertising space programmatically over ad exchanges, information asymmetry and adverse selection are all too common. “It's like a market for lemons”, says John Murphy, vice president of marketplace quality, referencing the famous 1970 paper [...]
Working Lunch: City restaurant L’Anima near Liverpool Street has beetroot tortellini to die for June 7, 2016 L’Anima means “soul” in Italian and the aim of this City-restaurant is is to provide a glimpse into the very soul of southern Italian cuisine, featuring modern takes on hearty classics. The spring menu revolves around fresh, zesty ingredients like artichoke slaw with cured fish roe, and asparagus with egg and guanciale. There’s also a L’Anima [...]
Britain’s future will be even brighter if we take back control from the EU this Independence Day June 22, 2016 Imagine the UK is the best place in the world to do business. With controlled migration that means we choose the skilled people we need, we now have a high wage, high productivity, high skills economy and are trading in a globalised world. Investment is strong, attracted to a high performance Britain, and we have a [...]
Just Eat revenue soars as mobile strategy accelerates August 12, 2014 The world's largest mobile marketplace for takeaway, Just Eat has reported a surge of 58 per cent in revenue to £69.8m for the six months ended 30 June. The company, which recently floated, also enjoyed a boost of in pre-tax profits to £8.6m compared with £3.1m in the same period the previous year. Orders were [...]
Learning the hard way: As the interest on student loans rises further, should parents help their children cut the cost of going to university? August 24, 2016 As school leavers jumped for joy at their A-Level results last week, parents may have had cause to grimace. Despite the government’s emphasis on apprenticeships, a university degree remains a passport to higher paid employment. Nevertheless, the costs of higher education have spiralled in recent years, and students are having to take on much larger student [...]
West Berkshire Brewery raises glass as it expands into Islington-based pub Shillibeers and puts pen to paper on new brewery June 2, 2016 Crowdfunding beer maker West Berkshire Brewery is raising a glass after it put pen to paper on a new £3m custom-built brewery and secured its first urban pub, Shillibeers, in Islington. The new brewery will allow West Berkshire to increase its brewing capacity tenfold and also to provide packaging for other breweries. The brewer has said the [...]