Exclusive: 65 per cent of UK companies plan to increase investments in tech June 1, 2021 Just over 65 per cent of all UK companies plan to increase the amount they spend on IT and new technologies, according to new research, shared exclusively with City PM today. This follows a majority, or 56 per cent, of all UK businesses successfully adopting one or more new technologies since the beginning of the [...]
Sun shines on FTSE 100 amid reshuffle as ITV aims for prime-time slot June 1, 2021 The sun is shining on the FTSE 100 with the index receiving an early summer boost pushing it firmly above the psychologically important 7,000 mark. As the global growth recovery story unfolds, miners in particular are on the front foot today, as high demand for metals in particular push prices higher. Anglo American and Rio [...]
Artificial Intelligence, Social Media, and the Future of Investing June 1, 2021 | City Talk Witnessing the recent GameStop event, it was clear that for better or worse, the little guy, or many, many little guys, had briefly beaten Wall Street at its own game. While GameStop was fuelled primarily by the collective action of many, the voice of only one person, echoed by others, can have similar influence. For [...]
Pound retreats after hitting three-year high amid variant concerns June 1, 2021 The pound retreated this morning after reaching a fresh three-year high versus the dollar amid economic recovery hopes. Well into the London session after the bank holiday weekend, sterling reversed its course to fall 0.2 per cent to $1.4183. The pound edged lower as concerns over a new coronavirus strain outweighed increasing investor optimism on [...]
Defining the skills gap with Avado’s Beyond Skills report June 1, 2021 | City Talk Last month, we launched our Beyond Skills report. We surveyed more than 1,000 executives and senior leaders across several sectors to assess the growing capability chasm. We found that more than 3/5 of business leaders agree that the events of 2020 have widened the skills gaps in their businesses. We also found that, across the [...]
Explaining the seven different learning styles and how they work June 1, 2021 | City Talk We all respond best to different ways of learning. Based on that, the seven learning styles are the result of a theory that focuses on the fact people learn in different ways. Each style is tailored to an individual strength, meant to help a person retain information more effectively. They all focus on one of [...]
Agility jargon buster: Decoding words used to describe agile working June 1, 2021 | City Talk As trains and roads start to get busier as workers return to offices – for at least some of the week –agile working is top of mind for most employers and employees at the moment. Especially since lots of organisations are using a hybrid model, with teams both in and out of office, requiring extra [...]
Aisha Ghani CA: My return to work journey May 31, 2021 | City Talk Aisha Ghani CA, Finance Business Partner at Sue Ryder, discusses her return to work, de-bunks stereotypes of sole carers and shares her advice for those who may be in a similar situation. You have recently returned to work after an extended career break. What influenced you to take this time away from work? Having trained [...]
Exclusive: Meet the former UBS and JPMorgan heavyweights shaking up private banking May 28, 2021 As the economy is slowly switching into recovery gear, activity in the City and beyond is starting to pick up again. That is also the case for Vestrata, a relatively new fintech player that is taking the wealth management and private banking space by storm by bring machine learning and automated risk metrics into the [...]
Crowdfunding: Fintech app Curve rakes in £10m in just 54 hours May 28, 2021 Fintech app Curve has raked in nearly £10m in just 54 hours, in the largest equity raise on crowdfunding platform Crowdcube’s record. A collection of 11,795 investors pushed the equity raise into near double digits, breaking multiple records during Crowdcube’s campaign. Closing at 3pm yesterday, investors raised £9.9m. The fintech app, which connects all bank accounts [...]
