Ahead of the Autumn Statement, prime minister Theresa May has promised to deliver government investment of £2bn a year for research and development (R&D), while she also highlighted the modern Industrial Strategy and Brexit plans.
In the payments world, cash is very much in the shadow of electronic transactions when it comes to money management. It currently stands behind newer, shinier electronic payment methods, which hog the limelight – and the headlines.
Looking closely at some of the potential impacts of Brexit on the alternative finance market, and they could be catalysts for crowdfunding campaigns across the UK.
CFO Research and Prudential Financial have found that FDs view the financial wellbeing of staff as an important component of corporate performance.
Prosecco mixer brand Drunken Berries has been named the first business to hit its investment target through the Tesco BackIt crowdfunding scheme, which launched in September.
Brexit doesn’t seem to be dampening venture capital appetite, as Venture Pulse unveiled that the number and value
of deals increased in Q3 2016.
Despite research showing investment banks are putting money into tackling staff wellbeing, just 18 per cent of employees say firms have a positive attitude to mental health issues – and thus regard it as a taboo topic.
The financial services sector is broken. However, it is not broke. It still generates enormous revenue, but it does so within a system that is quickly becoming unsustainable.
It is fair to assume CFO like numbers. What’s not to like? The big number above demands your attention, even if you are not analytically inclined. Your interest will be further tweaked when I say that 30, 3, 30 are key numbers that will help CFOs step up to CEO.
To support the social enterprises and community projects found across the UK, Santander and Crowdfunder have launched a £200,000 fund to support disadvantaged Brits and bridge the gap between alternative and traditional finance.
If you thought London firms were still top dogs in terms of saving cash then think again. The region has had its crown stolen by the East of England.
Many firms have reported declines in corporate earnings and markets are on the brink of recession. Moreover, CEB research shows companies are losing as much as one per cent of sales as a result of poor planning and decision making when allocating resources.