Peter Thiel-backed “Airbnb for work space” eyes London July 4, 2016 Move over co-working spaces, there's a new way of working in town. A US startup similar to Airbnb but for renting office space and meeting rooms in the short-term that's backed by Peter Thiel's Valar Ventures has expanded to London. Targeting startups which often want to keep costs low, as well as those looking for a more professional alternative [...]
Investment trust winners of 2016 November 29, 2016 Investment trusts focused on Asia are on course to deliver some of the best returns in 2016, according to data for trust sectors. Investment trusts are an alternative to more commonly held open-ended funds or unit trusts, offering some advantages. This is explained here: investment trust v open-ended funds Here, we look at the [...]
Before the bell: What you need to know before the US market open September 14, 2016 US seeds company Monsanto has accepted a takeover offer from German chemicals company Bayer, marking the biggest deal of 2016. Meanwhile, stocks are floating on a sea of green. Here's what you need to know before the US market open at 2:30pm London time. US stocks are pointing higher in the pre-market. The S&P is up by 0.2 per [...]
Buy to let tax changes knock London luxury rent prices July 8, 2016 London's luxury property market is suffering from oversupply this year after the government's stamp duty changes came into effect at the beginning of April. The capital's rental prices on luxury properties have fallen by one per cent year-on-year in the first quarter, according to research from Knight Frank. Read more: Rents edged down in May as [...]
Lord Mayor’s Show 2015 parade: How the City of London has been preparing for the 800th special on 14 November November 12, 2015 Anticipation is building ahead of the Lord Mayor's Show this Saturday – the 800th time the procession has taken place. The City of London Corporation has been hard at work getting everything ready, including running a "secret" dawn rehearsal that traces the route the new Lord Mayor Jeffrey Mountevans will take on 14 November, when he [...]
London is reaching breaking point when it comes to tech talent June 21, 2016 After the fanfare of yesterday’s launch, the second day of London Technology Week has taken a long, hard look at the challenges and strengths of the capital’s digital industries. The truth is that whilst celebration attracts investment, the long-term success of technology will only be secured by united action from the private sector to address [...]
Britain must be boldly pro-enterprise to master the Fourth Industrial Revolution September 7, 2016 Business leaders and politicians gathered in Davos at this year’s World Economic Forum annual meeting were told a revolution had started. Not a bloody revolution, but an economic and strategic one, with its impact felt across every industry and every country. This unprecedented, disruptive fusion of digital, physical and biological technological developments has been dubbed [...]
Before the bell: What you need to know before the US market open August 9, 2016 US stocks are nearing record highs and China's inflation grew at its slowest rate in seven months. Here's what you need to know ahead of the US market open at 2:30pm London time. US stock markets are nearing all time highs (the S&P 500 hit an all-time high of 2,185.54 points yesterday, although it pulled [...]
City Moves for 13 May 2016 | Who’s switching jobs May 13, 2016 Currency Cloud Currency Cloud, the international payments engine, has announced the appointment of Fiona Tee as chief financial officer (CFO). Fiona brings over 30 years’ financial and commercial experience within the technology and software industries. Previous CFO roles include Mondex International, a leading early adopter of digital payments, Intelligent Environments Europe, and Anite Telecoms. In [...]
The City of London launches plan to build 3,700 new homes October 15, 2015 The City of London Corporation has fired the starting gun on its biggest housebuilding spree in 40 years after committing to building 3,700 new homes by 2025. The City has traditionally been opposed to promoting residential development within its boundaries as it protects its status as the capital’s financial centre. It is also one of the [...]