45% of European venture capital (VC) investments fail or do not secure returns above 2x the investment, according to a new report by leading European business schools. The report also found that 28% of the investments exceed expectations, and 9% ...
Second-home owners will be forced to seek planning permission to start renting out their properties as holiday lets, under plans to reduce housing pressure in tourist hotspots. Michael Gove, the housing secretary, will announce today that ministers intend to alter ...
The UK economy stagnated in February after civil service and teachers’ strikes hit output in the services sector, official figures show. Gross domestic product (GDP), the main measure of output, rose by a revised 0.4 per cent in January after ...
Impostor syndrome has become increasingly prevalent in recent years, as pressures to perform well at work have caused higher levels of doubt in one’s ability to do their job. Recent data from research conducted by financial comparison site NerdWallet has ...
More than a quarter of UK organisations say they are likely to make redundancies in 2023, according to new research. As the UK experiences evolving economic problems, organisations are having to tighten their belts, with half expecting to cut costs ...
A new study reveals widespread worries that fertility struggles are interfering with career aspirations. Only 16% of companies have supportive policies in place for employees who are struggling with their fertility, according to the 2023 Workplace Infertility Stigma Survey. This ...
WASHINGTON – Japan has pledged to double the percentage of International Monetary Fund Special Drawing Rights monetary reserves that it will reallocate to poorer countries to 40%, Japanese Finance Minister Shunichi Suzuki said on Wednesday. Mr. Suzuki told a news conference that he made the pledge to a meeting of ...
WASHINGTON – Group of Seven (G7) finance leaders pledged on Wednesday to take action to maintain the stability of the global financial system after recent banking turmoil and to give low- and middle-income countries a bigger role in diversifying supply chains to make them more resilient. Their communique did not mention China ...
SEOUL – Every Saturday a group of young South Koreans gathers in Incheon just west of Seoul to talk about their battles with drug abuse, seeking sympathy and support in often emotional exchanges. The free midday therapy sessions are organized by Choi Jin-mook, who fought addiction for more than ...
WASHINGTON – The World Bank‘s steering committee and US Treasury Secretary Janet Yellen on Wednesday called for further reforms this year to expand the bank‘s ability to respond to climate change, pandemics and other crises that are reversing development gains. Ms. Yellen hosted talks with global finance officials to discuss an initial spate ...