The UK government now has its first official blockchain provider for public services August 1, 2016 Every single public sector organisation across the UK will be able to use blockchain technology for the first time after the government rubber-stamped fintech startup Credits as one of its approved suppliers in a major step forward for the potentially revolutionary technology. It's the first time a company working with blockchain's distributed ledger technology (DLT) has been given the thumbs up, and [...]
The proportion of women in the higher-rate tax bracket has not changed in five years August 1, 2016 FTSE 100 boards may be more female-heavy than ever before – but the number of female high earners has remained stubbornly static in recent years, new research has suggested. Analysis of data from HM Revenue & Customs by law firm Clyde & Co has shown that although the number of higher-rate taxpayers has increased by 1m [...]
Olympic visitors urged to be extra vigilant in fight against credit card fraud August 1, 2016 Fraudsters in Brazil are poised to exploit the influx of international visitors for the Olympics a survey revealed today. With half a million visitors expected for the Olympics, research by ACI Worldwide indicated that 49 per cent of Brazilians have experienced some kind of credit or debit card fraud in the last five years, second globally [...]
Nearly half of young people to use lifetime Isa to save for retirement August 1, 2016 Nearly half of younger Britons will use a the lifetime Isa to save for retirement instead of taking out a pension plan a survey outlined today. A YouGov poll said that 44 per cent of Britons between the age of 18 and 39 would favour using the government’s new lifetime Isa in order to put [...]
Princess Beatrice to launch new career as business consultant with backing from Sandbridge Capital August 1, 2016 Princess Beatrice is reportedly set to launch a startup and begin her new career as a business consultant. Beatrice, 27, is said to have the backing of Sandbridge Capital – where she recently worked as an associate. Investment group Sandbridge focuses on lifestyle and fashion companies, including online retailer Farfetch and iconic British brand Topshop. "(Beatrice) is creating [...]
UK’s newly found entrepreneurial ecosystem must be protected from Brexit negativity, says Business Growth Fund chief executive August 1, 2016 It’s difficult to imagine Stephen Welton, the chief executive of the Business Growth Fund (BGF), in a Gymbox, a company whose Twitter biography reads: “We believe that going out and working out should be one and the same thing, and that hot and sweaty exercise should be pure unadulterated entertainment.” “I don’t know if you’ve [...]
David McCourt explains why micro-working is vital, and why he’s so disappointed by Trump and Clinton August 1, 2016 Do you mind always having to up sticks?” I ask David McCourt, founder, chairman and chief executive of telecoms and media investment firm Granahan McCourt, in regard to his likely move to London later this year. “No,” he replies. “I was only in the house my kids grew up in for 14 days last year; I’m [...]
China’s Ant Financial is testing out blockchain technology July 31, 2016 Ant Financial, the Chinese fintech giant spun off from Alibaba, is testing out blockchain technology for the first time to build a more transparent process for donating money. The group's charity platform, Ant Love, will use blockchain technology to track donations to one project being funded via the site. “We are trying to bring small and [...]
Worried about your job after Brexit? You’re not alone July 31, 2016 Feeling a little more anxious about your job after Brexit? You're not alone. One in five of us are worried about job security after the result of the EU referendum, while more than two in five are feeling generally more pessimistic about their future, a new survey reveals. Pessimism was particularly high among those working in the [...]
This top ad boss has been suspended after sharing his dodgy views on gender July 31, 2016 One of the UK's top advertising bosses has been told to take a "leave of absence" after making some dodgy claims about gender diversity in advertising that incurred the derision of some of the most powerful women in the industry. The chairman of Saatchi and Saatchi Worldwide Kevin Roberts, who also has the title "head coach" for its [...]
