Tech beats FTSE for female bosses (but there’s still work to do) June 20, 2016 Technology businesses are beating the FTSE when it comes to the number of female bosses, as the startup sector sets an example to the rest of the business world for gender equality. A fifth of tech firms in the UK are run by women, compared to just five per cent of FTSE 100 companies and only four per [...]
Let’s make London the tech capital of the world June 20, 2016 Today marks the start of London Technology Week, a fantastic opportunity for thousands of tech experts from all over the world to descend on the capital to learn and share new ideas and shine a light on this hugely important sector of our economy. London is an established global leader in business services and international [...]
Tech is now everywhere – and fundamental to London’s growth June 20, 2016 The third London Technology Week will formally start today in Shoreditch with entrepreneurs, academics and government leaders coming together to celebrate technology – the city’s fastest growing industry. A lot has changed since the inaugural launch in 2014. London now has a global reputation for producing world-class tech companies, with more unicorns than any other [...]
London continues reign as unicorn startup capital of Europe June 20, 2016 London is home to more so-called tech unicorns than any other country in Europe adding two new startups to the billion-dollar stable over the past year. The capital is now home to 14 companies with the sky-high valuation, double the number of the next closest country, Sweden, which is home to seven. The UK is home [...]
Social media is driving a surge in mobile spending, with five per cent of Britons now buying something on their phones every day June 20, 2016 Britain is a nation of social media-driven mobile phone shoppers, according to a study released today. Five per cent of the UK's population, or 2.5m people, are buying products or services on their phones everyday, while twice as many between the ages of 18 and 34 (10 per cent) are making daily purchases on their mobiles. Social [...]
Cannes 2016: Marketers will be talking about whether virtual reality has real legs June 20, 2016 Virtual reality (VR) used to be the stuff of science fiction. But it has already taken us on trips to the Great Barrier Reef, Abbey Road Studios and the moon. What’s next? Could it bring us closer to brands? Marketers at Cannes will be debating if this new medium has legs of the non-virtual kind. When [...]
How London can take on San Francisco to become the true global hub for the tech and digital sectors June 20, 2016 Today marks the start of London Technology Week, a fantastic opportunity for thousands of tech experts from all over the world to descend on the capital to learn and share new ideas, and to shine a light on this hugely important sector of our economy. London is an established global leader in business services and [...]
As the Bank of England launches an accelerator, will fintech transform central banking as much as other financial services? June 20, 2016 Nick Bouch, financial services data leader at PwC, says Yes. The rapidly changing tech landscape raises a challenge to central banks to keep pace with the sophistication of the economic activity they govern. With the rise of blockchain, cloud, mobile and robotics, economic activity is shifting at an ever increasing pace from physical to digital. [...]
Now Microsoft’s UK corporate tax arrangements are under scrutiny June 19, 2016 Microsoft is the latest US tech company to come under scrutiny in the continuing row over corporation tax after it was revealed that it made a deal with UK authorities. The company, founded by Bill Gates, avoided paying £100m in corporation tax it's claimed, by revenue from Britain being recorded in Ireland where the tax rate is 12.5 [...]
Siemens, Gamesa join forces to create world’s biggest wind farm business June 17, 2016 The world's biggest wind farm maker will be created out of a proposed partnership between German engineering group Siemens and Spain's Gamesa. Siemens will take a 59 per cent stake in the new entity which is expected to have 69 gigawatts of turbines installed worldwide as well as revenue of €9.3bn (£7.3bn), it said in a statement today. It's also making a one-off [...]