London’s getting an insurance tech accelerator as Startupbootcamp expands FinTech startup search June 16, 2015 A new global tech accelerator has been launched London which will search for tech companies around the world which can bring new innovation to the traditional world of insurance and its well-established companies. As FinTech takes off in the capital like never before, tech accelerator Startupbootcamp has added the new sector to its roster to [...]
JPMorgan joins the ranks signing up to military code June 24, 2015 City initiatives to help ex-veterans are growing, Michael Bow finds FINANCIAL firm JP Morgan (JPM) last night became the first US investment bank to add its name to the UK Armed Forces corporate covenant, underscoring a new push by City firms to help ex-military personnel find work at a time of shrinking defence budgets in [...]
Why bankers must be allowed to speak out in their own defence May 25, 2015 Headlines were generated worldwide on last week’s announcement of $5.7bn (£3.7bn) of criminal and regulatory fines against major banks, in the wake of the global FX investigation. Many papers asked the question: “why aren’t these crooked bankers in jail?” But a better question might be: has any of the five UK and US regulators involved [...]
City Moves for 16 June 2015 | Who’s switching jobs June 15, 2015 State Street Global Advisors The investment management arm of State Street has appointed Elliot Hentov as head of policy and research for its official institutions group. He joins from Standard & Poor’s, where he was a director in its sovereign ratings team. Hentov has also previously held roles at the UN. BNY Mellon Alan Flanagan [...]
Police called to BBC after man pours petrol on himself outside Broadcasting House June 10, 2015 Update: Police have said the cordon around BBC's Broadcasting House will be lifted within the hour, after dealing with an incident in which a man tried to set himself on fire. Officers were called to the central London premises this morning after the man, who has not been identified, poured petrol on himself in [...]
July Budget 2015: Is it too early to get excited about the government’s “northern powerhouse” plans? July 9, 2015 In his Summer Budget announcement, chancellor George Osborne made no apologies for highlighting the point that the Conservatives have boldly done something that previous governments haven’t been able (or possibly willing) to do – addressing the huge gap between the North and South. Making several references to the government’s "northern powerhouse’ plans, the chancellor confirmed [...]
London Technology Week: The hunt for London’s unicorn tech startups June 15, 2015 There's no doubting the impressive numbers rolling out of London Tech Week. There’s also no lack of people willing to shout about these impressive feats, whether it be entrepreneurs, investors, economists, or the mayor himself. More than a dozen of London’s tech types today gathered near the summit of the Shard to kick off London [...]
July Budget 2015: Buy-to-let landlords hit as George Osborne restricts mortgage tax relief and hikes rent a room allowance July 8, 2015 George Osborne has cut mortgage interest relief on buy-to-let homes, in an effort to create a "level playing field" between prospective landlords and those buying their homes to live in. Read more: Chancellor slashes corporation tax and bank levy The chancellor said the relief will be cut to the basic rate of income tax, which [...]
Phoenix Spree Deutschland IPO: German rental property fund eyes a float on the London Stock Exchange May 18, 2015 German real estate investment vehicle Phoenix Spree Deutschland will today announce it intends to float on the main market of the London Stock Exchange next month. The company, which focuses on German residential property, will list in the second week of June, with 69.9m shares on the block. The firm, which was founded by a [...]
The Rosebery founder Simon Davis on scrapheaps, sewing, MOTs and Angelina Jolie September 20, 2015 Did you know that Jeff Bezos used to photograph everyone he met so he wouldn't forget who they were? Neither did I, but when Simon Davis interviewed him, Amazon was still a startup – and it's just one of several gems Davis, founder of the London Restaurant Festival (LRF), The Rosebery and former journalist, wheels [...]