Britain’s brightest bulbs from the tech industry to present to Commonwealth politicians and businesspeople in Malta November 24, 2015 A group of digital start-ups will travel to Malta between 27 and 29 November to showcase the UK’s burgeoning tech scene in front of politicians and businesspeople from across the Commonwealth. Backed by government-supported organisation Tech City UK, the entrepreneurs will be attending the Commonwealth Heads of Government Meeting, which will be themed around adding [...]
Challenger bank boss Cyrus Ardalan says surcharge does not fulfil objectives as government urged to reconsider policy September 11, 2015 Challenger banks are to meet Treasury officials later today in order to pile pressure on the chancellor to reverse the bank surcharge he is imposing. George Osborne has opted for a bank surcharge of eight per cent on profits over £25m, which challenger banks and building societies say will harm their operations. Chairman of Oaknorth [...]
Chancellor George Osborne says government will spend another £1.9bn on cyber security November 17, 2015 Chancellor George Osborne has announced that the government will almost double its investment in cyber security initiatives over the next five years, spending an additional £1.9bn. Speaking to intelligence officials at GCHQ this morning, Osborne said that while British authorities are already monitoring cyber threats against 450 companies across the aerospace, defence, energy, water, finance, [...]
Support Britain’s Mittelstand to build a truly balanced economy October 25, 2015 If George Osborne has made just one ambition clear during his time as chancellor, it’s his aim to rebalance the UK economy so that we’re not overly-reliant on the South East or the City of London. You’ll all be familiar with the soundbites by now – “The Northern Powerhouse”, “the March of the Makers” [...]
Q&A: Enotria’s CEO on acquiring Coe Vintners January 25, 2016 Troy Christensen, chief executive of Enotria & Coe, and Gary Edwards, growth and acquisition finance at Investec, explain the background, challenges, and motivation behind premium wine supplier Enotria’s acquisition of Coe Vintners. Why did Enotria decide to acquire Coe Vintners? Troy Christensen: Enotria was founded in the 1970s with the intention of bringing the best Italian [...]
Eurozone business growth unexpectedly accelerated in October – but not enough to temper stimulus expectations October 23, 2015 A new survey has shown business growth in the Eurozone unexpectedly strengthening, but not enough to temper expectations that the European Central Bank (ECB) will boost its monetary stimulus programme. "Unless the PMI business activity and price indices pick up significantly in coming months, the combination of relatively weak growth and deflation signalled by the survey will [...]
Britain will never grow its own Apple without spending more on technology R&D September 17, 2015 The last decade has witnessed an explosion in the number of digital startups springing up across the country – not just in east London, but across the whole of the UK. Of these, however, you can count the number of firms built around core Intellectual Property (IP) on one hand. At a time when we’re [...]
Property, Taylor Wimpey and the US dollar: Here are some of the best investments of 2015 December 11, 2015 Investing is always a bit of gamble, creating both winners and losers. So what did this year's winners invest in? There are no prizes for guessing property continued to provide investors with a sizeable return throughout 2015. Demand continued to pull away from supply at a dizzying rate. However, growth in London's Luxury market slowed slightly. Anyone who was lucky [...]
City Moves for 11 December 2015 | Who’s switching jobs December 10, 2015 KEMP LITTLE LLP Vicky Cooper has been appointed by Kemp Little LLP as a partner in the technology and digital media law firm’s IP & technology disputes group. Vicky will work closely with the firm’s commercial technology team, bolstering Kemp Little’s IT dispute resolution capability. Vicky specialises in helping both suppliers and customers in the [...]
University education is failing to create work-ready students November 3, 2015 More than half (54 per cent) of education experts believe that post-secondary educational institutions, such as universities, fail to adequately prepare students for work, a World Innovation Summit for Education (WISE) study has today revealed. Despite this, 69 per cent of the 1,550 educational experts from around the world, including teachers and education policymakers, questioned [...]