The rise in insecure work is costing the Exchequer £4bn a year, warns the TUC February 14, 2017 The sharp rise in insecure work across the UK is costing the government – to the tune of nearly £4bn a year in lost tax income and benefit pay-outs. That's according to the Trades Union Congress (TUC), which says that total represents nearly a quarter of the social care budget spent in England. Its new [...]
Move over, suits – the new kids on the block are coming to the Square Mile March 16, 2017 Imagine you are the founder of the latest, cutting-edge tech startup. Perhaps you’ve been backed by a private equity firm, or an angel investor. You might have even got a good old-fashioned bank loan. Either way, you’ve graduated out of your parent’s basement and are on the hunt for an office you can call home. [...]
Air pollution would cause more than half of Londoners to move away January 31, 2017 Over 60 per cent of city dwellers have considered moving out – and in London the main reason isn't because of house prices. According to online delivery firm AnyVan.com, which polled 1,000 adults, 62 per cent of city residents have mulled a move away. And the main reasons Londoners would move away were air pollution (52 per cent) and [...]
Why everything you think you know about the gig economy might be wrong February 20, 2017 The rise of the so-called gig economy characterised by new technology platforms such as Uber and Deliveroo has sent the number of self-employed workers soaring in recent years… or so says conventional thinking. But, a new report suggests it is, in fact, higher earners in high-skilled jobs who are driving the growth of the self-employed to top [...]
Deliveroo co-founder Will Shu talks buffalo wings, concerned ex-colleagues and hedging bankers February 22, 2016 By the time Will Shu, co-founder of Deliveroo, launched his company, he knew acutely what problem he was trying to solve. The former investment banker grew up in Connecticut, went to college in Chicago and then went straight to work for Morgan Stanley in New York. “This was 2001, and things were very different then. The [...]
City Moves for 20 January 2017 | Who’s switching jobs January 20, 2017 Accel Global venture capital firm Accel has appointed Luciana Lixandru as its newest partner, promoting her from the position of principal. In her new role, Luciana will continue to focus on investments in consumer internet, marketplace and software companies. She has developed a particularly strong investment history in next-generation marketplaces and played a pivotal role in Accel’s investments [...]
Holiday delivery failures threaten to have a big impact on UK retailers’ bottom lines and tarnish reputations December 21, 2016 Delivery failures over the Christmas period are set to impact UK retailers' bottom lines as they could be missing out on more than £3bn, new research today revealed. In the UK, 16m consumers faced delivery delays over the 2015 holiday season, and 73 per cent of them still refuse to shop with the offending retailer this [...]
Matthew Taylor Modern Employment Practices review into the gig economy: Why is a Tory government indulging misguided calls for self-employment “rights”? March 22, 2017 Matthew Taylor was doing the rounds at the weekend, talking about the Review of Modern Employment Practices which he is conducting on behalf of the government – more evidence that Mrs May wants to rebrand the Conservatives as a sort of Blue Labour. Taylor, a former parliamentary wannabe who later worked for Tony Blair and [...]
Now Amazon’s getting into restaurant food delivery in London September 7, 2016 Amazon is the latest company looking to grab a slice of London's restaurant delivery market, rivalling homegrown Deliveroo and UberEats, with the launch of its own service in the capital. Customers will be able to order from more than 100 eateries such as Strada and Pod for delivery within the hour via Amazon's Prime service in [...]
Thousands of online accounts feared hacked at National Lottery operator Camelot November 30, 2016 National Lottery operator Camelot thinks 26,500 accounts have been hacked. The company said it didn't think its own systems had been compromised, but that players' login details had been pinched from elsewhere. It discovered "suspicious activity" after online security monitoring on Monday. "No money has been deposited or withdrawn from affected player accounts," it said [...]