Fintech startup Worldremit poaches former Paddy Power chief as its next boss October 22, 2018 London money transfer fintech startup Worldremit has today revealed former Paddy Power Betfair chief Breon Corcoran will be its newest chief executive. Corcoran joins the fintech as it hurtles towards so-called unicorn status – a company worth over $1bn (£764.6m) – after successfully managing the merger of betting firms Paddy Power and Betfair in 2016. Worldremit's current founder and chief [...]
Mind or the money? Founders need to be careful not to lose either October 22, 2018 These days, there’s more money sloshing around in venture capital funds than ever before, ready to be ploughed into the next best business idea. The reality of scaling a business in the UK can be exhilarating yet bleak at the same time. It’s a big dipper of optimism and pessimism – high-octane peaks of self-belief, [...]
Let’s get kraken: How the Octopus Group is making waves October 22, 2018 For a long time, it seemed like the bosses of finance, energy, and property corporations were laughing – the heartless belly laughs of those raking in stacks of money at the expense of their customers. Now there’s a growing trend for companies that care about the people they serve, a feeling that this should be their [...]
Solving workplace equality will need more than ethnicity pay reporting October 19, 2018 Theresa May’s call to make companies report their ethnicity pay gap comes from a good place. It harks back to her 2016 “burning injustices” speech, in which she pledged to tackle social inequality – and suggests that she meant it. It also comes after some success with gender pay gap reporting, which it clearly hopes [...]
How dare MPs be such brazen hypocrites over abuse claims October 19, 2018 Inappropriate touching. Groping. Sexual slurs. Men trying to kiss unwilling women, dragging them into secluded spaces, making derogatory, objectifying comments about their appearance. Telling them to be “sexier”. Similar, though less widespread, harassment of junior men. When the news broke that this toxic behaviour was widespread in Hollywood, it was met with an international outcry and [...]
The future is now, but we’ll miss it if we don’t solve tech’s talent crisis October 19, 2018 The time has come for us to change the narrative. Too often, company executives talk about a future where artificial intelligence will transform the employment landscape or the strategies they are developing to adapt to the fourth industrial revolution. But that time is here – and companies need to be taking action now. Read more: London's [...]
City Moves for 19 October – who’s switching jobs at SYZYGY, Equity Development and Relendex? October 18, 2018 Here’s who’s moving jobs today at SYZYGY, Equity Development and Relendex. SYZYGY Digital agency group SYZYGY (WPP) today announces the appointment of Ita Murphy as UK chief executive to drive growth of its UK business operations. Ita will report directly to group chief executive Lars Lehne. The new Management Board of SYZYGY UK also includes [...]
A primer on how equity supply can influence returns October 18, 2018 | City Talk Like any good or service, we think share prices—whether of an individual public company or a national or global equity market index—rise and fall based on the interaction between supply and demand. In the relatively near term—which we define here as the next 3 – 30 months or thereabouts—our research indicates demand tends to be [...]
A primer on how equity supply can Influence returns October 18, 2018 | City Talk Like any good or service, we think share prices—whether of an individual public company or a national or global equity market index—rise and fall based on the interaction between supply and demand. In the relatively near term—which we define here as the next 3 – 30 months or thereabouts—our research indicates demand tends to be [...]
BBVA and Anthemis launch London venture builder for fintech startups October 18, 2018 Spanish banking group BBVA and fintech-focused venture capital firm Anthemis have teamed up to launch a joint venture builder for London fintech startups, beginning with the development of a startup studio. The partnership hopes to find top London startups that can create the next big technologically-innovative products in financial services, deploying capital and resources to [...]
