Teach ex-cons the skills that our ever-changing city needs and bring down Britain’s re-offending rate September 6, 2018 Across all the city’s businesses, we are surrounded by talented people. But the roles we need these people to take on, and the skills we need them to have, are changing faster than ever. In the property industry, we’ve seen a huge shift in the skills required to build for our capital’s future – construction [...]
SoftBank could be about to make Deliveroo a unicorn with talks of investment from Apple and Saudi-backed Vision Fund July 2, 2017 One of the UK’s star tech startups, Deliveroo, is on the verge of becoming a so-called unicorn, with SoftBank in talks over a potential investment. SoftBank’s Vision Fund, a huge new tech investment vehicle which has already backed several British tech companies, is in discussions to take a stake in the food delivery firm that [...]
Peel review: This upmarket online delivery service is a gourmet solution to corporate catering and team lunches July 10, 2018 Peel Online at peelfoods.com WHAT? Even in this beautiful weather, there are times when you just can’t leave the office for lunch. Maybe you have clients visiting, or a big group project on. The answer is often a platter of Pret sandwiches – and there’s nothing wrong with Pret sandwiches – but Peel is offering [...]
Deliveroo’s testing an Amazon Prime-style delivery subscription January 19, 2017 Deliveroo is testing out a new feature which has echoes of Amazon Prime – hungry users of the food delivery app can pay a subscription fee rather than a charge on each individual order. Deliveroo Plus will be tested out across six UK cities with customers paying an annual fee of £89, or a monthly fee of [...]
UK venture capital firm Ascension Ventures launches cross-border effort for the first state-backed UK-India tech fund June 12, 2018 London-based early stage venture capital firm Ascension Ventures has announced a joint venture with Unicorn India Ventures (UIV), launching the first UK-India Enterprise Investment Scheme (EIS) Fund. Known as the Unicorn Ascension EIS Fund (UAF), it will leverage the EIS tax relief wrapper to enable investment into UK-based technology scale-ups which hold a focus on [...]
The UK tech industry pulled in more than three times as much investment as any other European country post-Brexit June 8, 2018 Since the EU referendum, UK tech companies received over £5bn in venture capital funding, with London taking in 80 per cent of that number. Over the last two years, the UK earned more than the next three top-earning European countries combined, including France (£1.55bn), Germany (£2.15bn) and Sweden (£644m). London also topped the charts for [...]
World’s first passive startup fund from SyndicateRoom which relies on algos has fully invested its £4.5m total March 7, 2018 The world’s first passive Enterprise Investment Scheme (EIS) fund has fully invested its £4.5m total. The innovative Fund Twenty8, run by investment platform SyndicateRoom, is designed to offer retail investors a low-fee portfolio-based approach to startup investing. Fund Twenty8 relies on algorithms to invest its capital in opportunities which are proving popular with high-net-worth and [...]
I’m a capitalist, you idiot – and if you value freedom, you are too | City A.M. July 20, 2018 I was asked on a podcast this week if capitalism and communism can co-exist. The short answer is, yes: capitalism has created wealthy, liberal and diverse societies, which tolerate a range of ideologies – even ones as fanciful and hazardous as communism. But the harmonisation stops there. The freedom that capitalism inspires and the force [...]
Ocado’s tech prowess must be celebrated May 18, 2018 It took a mega deal with a US grocer for Ocado to prove that it’s no basket case. The online grocer saw shares soar more than 80 per cent during trading yesterday after it announced that Kroger, one of the world’s biggest grocery chains with annual sales of $122bn (£90bn), will now use Ocado’s technology to [...]
Minicab drivers protest outside TfL headquarters over ‘institutional racism’ May 3, 2018 Minicab drivers have launched a surprise flash demo at Transport for London’s (TfL) headquarters today to protest against “institutional racism”. The United Private Hire Drivers (UPHD) branch of the Independent Workers Union of Great Britain (IWGB) has accused TfL of pushing policies that have added “crushing new costs” to drivers such as regulations including additional [...]