The UK has £10bn skills gap, so investors must back the ‘edtech’ boom August 17, 2020 The “edtech” revolution began long before 2020. The last two decades have seen a surge in demand for skills such as coding and data science, which traditional educational institutions have, as yet, been unable to meet. A recent study by Qlik and Accenture estimates this skills gap, evidenced by the difficulty to fill positions or [...]
Industrial sector beats out AI for top venture capital target March 26, 2024 Industrials received the most venture capital funding of any sector since the start of the year, according to the latest data. Globally, industrial companies have raised $15.2bn (£12bn), 30 per cent more than AI startups and twice as much as healthcare companies. Data from Altindex revealed that since the beginning of the year, AI companies [...]
Is Brexit the real reason for London’s stock market malaise? June 28, 2023 Whether Brexit is to blame for London's market malaise is a topic of debate in the Square Mile.
Female FTSE 100 directors earn 74 per cent less than male counterparts July 4, 2022 Female FTSE 100 directors earn 74 per cent less than their male counterparts, with an average pay of £245,000 compared to £935,000, research by Mattison Public Relations found. Women make up 14 per cent of the FTSE 100 board executives, with 34 of the 238 executive positions on FTSE 100 boards. They get an average 4 per [...]
YFM smashes target raising £90m for British smallcap VCTs March 11, 2024 Since January 2022, the funds have invested around £70m in a variety of UK business, including the North West's first unicorn, Manchester-based cloud data platform Matillion.
How well we spend our money is just as crucial as how big our ‘fiscal headroom’ is November 22, 2023 Later today, the Chancellor will stand at the dispatch box to deliver his autumn statement – likely the penultimate fiscal statement before a general election, making the stakes particularly high. As ever, attention will be on what Hunt does with the £20bn of ‘headroom’, and any rabbits he may pull from his famous red box. [...]
Dating, DIY and Netflix: Brits stop spending on love and luxury due to cost of living crisis, Nationwide says March 24, 2023 The value of households’ spending on subscription services, home improvements and dating fell annually in February, according to analysis by Britain’s biggest building society of its members’ outgoings. The volume of dating transactions fell by a third (33 per cent ) in February 2023 compared with the same month in 2022, also falling by 7 [...]
Spotify to slash 1,500 jobs as tech sector layoffs continue December 4, 2023 Spotify has reportedly revealed plans to trim its workforce by 1,500 employees, making up 17 per cent of its staff, as it looks to continue streamlining costs.
Why Easyjet is outperforming rival Ryanair July 26, 2024 Ryanair's poor Monday update pushed airline investors into panic mode. So why has Easyjet bucked the trend?
F1: Is dominance of Red Bull and Max Verstappen over? June 25, 2024 As Max Verstappen rounded the final corner at the Bahrain International Circuit in the opening race of the 2024 Formula 1 season, many would have been forgiven for believing they were in for another campaign of constructor dominance. The sport has been plagued with supremacy over the many by the few; the last 14 team [...]