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London’s booming FinTech sector has gone from strength to strength this year. More than half of all European FinTech venture capital investments made in 2014 went to London firms, according to London & Partners, a record $539m (£342.6m) and triple the amount raised in 2013.

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The UK’s FinTech market is currently worth £20bn in annual revenue and over 44,000 people work in the sector in London alone – more than both Silicon Valley and New York.

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Along with the 12 businesses joining the Future Fifty today, 12 existing members are graduating, including the recently floated Just Eat, Zoopla, AO World and Horizon Discovery.

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The inaugural Future Fifty group of companies together generated around £2.1bn in revenue over the past year, with an average growth of over 60 per cent. The four firms which listed on the London stock market have a combined value of £3.7bn.

RJD

Dec 12 2014, 05:27 PM

papasmurf

Dec 12 2014, 04:32 PM

RJD

Dec 12 2014, 04:23 PM

Yes I also saw how the Trade Unions effectively destroyed our post WW2 advantages

Broad brush scapegoating RJD and you know it. British management was in general terms rubbish then and still is. There was a near total lack of design innovation and next to no investment in new machinery. Many unionised companies who failed had no strikes or union problems at all.

You are not qualified to make such a judgement and your opinion is not made on any relativistic comparison of management performance both here in the UK and abroad. It carries no weight and I believe the myth was first developed in the Red Nag as a smoke screen, now it sticks with some like guano on seaside rocks or dog sh1t on rubber boots.

papasmurf

Dec 12 2014, 05:37 PM

RJD

Dec 12 2014, 05:27 PM

You are not qualified to make such a judgement

Yes I am qualified to comment RJD, I lived through it and experienced it, at the dirty end.

Tigger

Dec 13 2014, 02:02 PM

RJD

Dec 12 2014, 05:27 PM

papasmurf

Dec 12 2014, 04:32 PM

RJD

Dec 12 2014, 04:23 PM

Yes I also saw how the Trade Unions effectively destroyed our post WW2 advantages

Broad brush scapegoating RJD and you know it. British management was in general terms rubbish then and still is. There was a near total lack of design innovation and next to no investment in new machinery. Many unionised companies who failed had no strikes or union problems at all.

You are not qualified to make such a judgement and your opinion is not made on any relativistic comparison of management performance both here in the UK and abroad. It carries no weight and I believe the myth was first developed in the Red Nag as a smoke screen, now it sticks with some like guano on seaside rocks or dog sh1t on rubber boots.

More generic cobblers.

Get yourself a copy of Sir John Harvey Jones's book Trouble Shooter 2, he goes into great detail about the poor quality of British management, he attacks entrenched ideas, self satisfaction and yes you've guessed it a lack of investment in favour of short term profits.

Still what does he know compared to you? After all he only turned round ICI after years of decline and piss poor management...............

RJD

Dec 13 2014, 04:00 PM

Tigger

Dec 13 2014, 02:02 PM

RJD

Dec 12 2014, 05:27 PM

papasmurf

Dec 12 2014, 04:32 PM

Quoting limited to 4 levels deep

You are not qualified to make such a judgement and your opinion is not made on any relativistic comparison of management performance both here in the UK and abroad. It carries no weight and I believe the myth was first developed in the Red Nag as a smoke screen, now it sticks with some like guano on seaside rocks or dog sh1t on rubber boots.

More generic cobblers.

Get yourself a copy of Sir John Harvey Jones's book Trouble Shooter 2, he goes into great detail about the poor quality of British management, he attacks entrenched ideas, self satisfaction and yes you've guessed it a lack of investment in favour of short term profits.

Still what does he know compared to you? After all he only turned round ICI after years of decline and piss poor management...............

Ignorant tripe without one iota of substance. I do not expect more from you as this is about the best you have and that is vacuous nonsense, no doubt driven by some feeling of inadequacy.

RJD

Dec 13 2014, 03:58 PM

You know a little of the business and management of the company you were employed by, why you stayed on is beyond me.

papasmurf

Dec 14 2014, 09:00 AM

RJD

Dec 13 2014, 03:58 PM

You know a little of the business and management of the company you were employed by, why you stayed on is beyond me.

Businesses plural RJD, and they all no longer exist because the management in all cases could not run a party in a brewery.
Plus not a strike in any of them.

HIGHWAY

Dec 14 2014, 09:28 AM

The management in companies you worked in were bad,maybe it was you and the rest of the workers who were bad,,that made the firms fold up

papasmurf

Dec 14 2014, 09:42 AM

HIGHWAY

Dec 14 2014, 09:28 AM

The management in companies you worked in were bad,maybe it was you and the rest of the workers who were bad,,that made the firms fold up

The workers went above and beyond trying to keep the companies afloat, all the management did was spend more time down the pub at lunch time.

papasmurf

Dec 14 2014, 09:42 AM

HIGHWAY

Dec 14 2014, 09:28 AM

The management in companies you worked in were bad,maybe it was you and the rest of the workers who were bad,,that made the firms fold up

The workers went above and beyond trying to keep the companies afloat, all the management did was spend more time down the pub at lunch time.

Steve K

Dec 14 2014, 10:55 AM

I knew one or two that would go to the pub on almost any excuse, unsurprisingly they didn't last long as they had no respect from their staff or peers. Modern management is tough, you not only have to want to make a difference, you have to be able to actually deliver on that and back your ideas with serious hours of unpaid time.

Tigger

Dec 14 2014, 11:16 AM

Steve K

Dec 14 2014, 10:55 AM

I knew one or two that would go to the pub on almost any excuse, unsurprisingly they didn't last long as they had no respect from their staff or peers. Modern management is tough, you not only have to want to make a difference, you have to be able to actually deliver on that and back your ideas with serious hours of unpaid time.

Indeed, the only thing I'd quibble on would be excess hours, with practical based work mistakes due to tiredness or a lack of concentration can negate any gains. Work smarter not harder.

papasmurf

Dec 14 2014, 09:00 AM

RJD

Dec 13 2014, 03:58 PM

You know a little of the business and management of the company you were employed by, why you stayed on is beyond me.

Businesses plural RJD, and they all no longer exist because the management in all cases could not run a party in a brewery.
Plus not a strike in any of them.

Steve K

Dec 14 2014, 10:55 AM

papasmurf

Dec 14 2014, 09:42 AM

HIGHWAY

Dec 14 2014, 09:28 AM

The management in companies you worked in were bad,maybe it was you and the rest of the workers who were bad,,that made the firms fold up

The workers went above and beyond trying to keep the companies afloat, all the management did was spend more time down the pub at lunch time.

Well that's your experience. In over 30 years as a manager/director I saw lunchtimes as an opportunity to get some work done without interruption, much the same for any time after 5pm. I was far from alone in my peer group and that includes rival companies.

I knew one or two that would go to the pub on almost any excuse, unsurprisingly they didn't last long as they had no respect from their staff or peers. Modern management is tough, you not only have to want to make a difference, you have to be able to actually deliver on that and back your ideas with serious hours of unpaid time.

Steve K

Dec 14 2014, 04:39 PM

Tigger

Dec 14 2014, 11:16 AM

Steve K

Dec 14 2014, 10:55 AM

I knew one or two that would go to the pub on almost any excuse, unsurprisingly they didn't last long as they had no respect from their staff or peers. Modern management is tough, you not only have to want to make a difference, you have to be able to actually deliver on that and back your ideas with serious hours of unpaid time.

Indeed, the only thing I'd quibble on would be excess hours, with practical based work mistakes due to tiredness or a lack of concentration can negate any gains. Work smarter not harder.

Horses for courses applies. I found what worked for me was being available from 9.30 to 5 for meetings, to be seen and most importantly for anyone to talk to me. I'd then typically work til 8 trying to make some sort of sense of all that input. Occasionally I'd take it all home and after a mini doze work from 1am to 4am. Those small hours are when I could think so so clearly and get so much work done and certainly my best intellectual work. Other people can do the same by coming in to work early.

If you try and be a manager working less hours than your staff you will get found out so so quickly and while you may be able to get people to obey you, the best ones will never follow you - and that's what you really need

RJD

Dec 12 2014, 04:23 PM

Tigger

Dec 12 2014, 12:16 PM

RJD

Dec 12 2014, 08:31 AM

Tigger

Dec 11 2014, 07:09 PM

Quoting limited to 4 levels deep44,000 people work in the sector in London alonetogether generated around £2.1bn in revenue over the past year, with an average growth of over 60 per cent

Have you actually been to Germany and visited their Mittelstandindustrei? Thought not all you can see are nice shiny BMW cars. Best get your head out of your arse and wonder what all those low paid Workers are actually doing.

Think. Why does every 3rd World country that wishes to grow it's economy start with manufacturing?
Think. Why is it that European companies are under pressure to vacate many volume markets and concentrate on those where there is greater IP?

Yes Germany has lasted longer than the UK in this game, so has Italy, but if you think their margins are not under considerable pressure and that whole industries have not decamped then you have learned and know nothing. If you want to manufacture, in Europe in the 21st C., then you can only do this with state of art manufacturing machines, yep a lot of capital requiring skilled workers and yet again few jobs for those that have none. Another example of why those with capital and/or those with skills to sell in the last few decades have made gains in the last few decades and the legions without have not.

By the way I note that the UK has a significant manufacturing base with a number of leaders in the field, pity there are not more, but if we cannot even satisfy current demand for skilled workers then fat chance.

Give it a rest you idiot, you totally ignore Germany's vast trade surplus in the hope it will go away and pretend the GLOBAL demand for the products it makes is bogus, and closer to home you pump up yet another variation of money shuffling as the future, it's not as if we've ever got into trouble with this sort of smoke and mirrors garbage before is it. Your sort were telling us back in 2000 that Germany was finished and that austerity in that country was there to stay, you were wrong then and you are wrong again.

And yes I am aware of how smaller German businesses work because we spend a small fortune on buying high quality components from them! I can remember visiting a factory in the West Midlands a decade ago and marvelling at the skill of a welder putting together a very expensive heat exchanger, sadly they went out of business as the land that the factory sat on was worth more than the company, the German firm I now buy these products from has no skilled welders but instead has a robot doing this particular job, the majority of those in this factory do quality control and inspection and keep the plant in order, this firm started by making parts for bicycles just after the war it is now run by the fourth generation of the original founder and has global sales running into the millions.

I understand that to you such long term commitment and pride in doing "metal bashing" must seem quite amusing when instead you could be sitting on your arse in front of a PC ripping off unsuspecting punters, but once again I'd advise you to compare the German trade surplus to our deficit.

They are on the right track and I admire them for that, we are still playing the same three card trick and will eventually go bust.

Why don't you give it a rest or stick to the point. I am well aware of German successes and also that just the other day she was rated the sick man of Europe. You seem to be overawed by the fact that metal can actually be cut and polished. There is a lot more to engineering than Yorkshire fittings. Unlike you I have spent much of my working life in Germany, in engineering businesses, run them, owned them and learned to speak their language and yes I have visited VW, BMW, Audi, Daimler Benz, MAN and other factories.
Yes I also saw how the Trade Unions effectively destroyed our post WW2 advantages and were much of the reason why Investors gave up on the UK for metal bashing, it was easier to make better money elsewhere. You decry Financial Services, but you have no idea that this sector makes better profit margins than metal bashing often with significantly less risk. I have grave doubts that you understand anything about business strategy. I bet you have absolutely no idea how many German based manufacturers have during the last decade or so moved out of Germany for manufacturing cost reasons. Tig. you definitely are a minnow trying to tread water in a big sharks pond. Stick to holding up the ladder.