According to a poll by BMG research (read here) 67 percent of people (read: participants in the survey) do not read the party manifestos prior to voting, a few don't even know what it is! Others rely on the media for understanding. If you're one of the 67 percent, we encourage you to change your ways and get into the habit of reading the party policies before voting for any. You still have 7 days to understand it for yourself!
Image credit: BMG Research.
Yesterday saw both party leaders undergo the all-familiar grilling from the public, where both Theresa May and Jeremy Corbyn were questioned on how they intend to tackle the very challenging issues that affect our country. Indeed, as the Battle for Number 10 approaches, it is no bad idea to tune in on what the major issues each party is proposing to tackle are.
For the conservatives, the focus will be on the so-called five giant challenges, namely, the need for a strong economy that works for everyone, the impact of Brexit and a changing world and the need to “deliver a smooth and orderly departure from the European Union”. Furthermore, there is the need to tackle enduring social divisions, an ageing society and a fast-changing technology.
The Labour Party, similarly, shares in the idea of an economy that should works ”for the many, not just the few”, negotiations Brexit deals and improving health care that benefits all. Additionally, however, there will also be a focus on working towards a national education service, better workers’ rights, social security, safer communities, secure homes, the role of Britain on the global stage, and more equality extended to diverse communities.
The LibDems, on the other hand, don't fare too differently, what with the majority of what they purport to implement showing many overlaps with that of the Labour Party.
In conclusion, it must be said that a good voter ought to hone in on issues that personally affect them, some of which have been omitted from the manifestos, before heading to the polls on June 8th.
Image Credit: BBC Media Centre
Once again, the elections are fast approaching (much faster than any of us predicted) and with that comes questions of what, when and how will things change, especially in light of Brexit, the Trump administration in America and growing nationalism in Europe, thankfully quashed by the turnaround of events in France and Holland. But how will Britain fare in these upcoming elections?
First of all it cannot be stressed, the importance of exercising our democratic rights and turning up at the voting polls. Although it is no longer possible to register to vote now, it is necessary that, as active, young, black, female members of society and beneficiaries of state services, we vote (even if it means spoiling your ballot).
The outcome of events last year regarding the referendum, when many were convinced Brexit couldn’t happen, and duly decided not to cast their votes, has taught us, if anything, that we live in a post-truth era. Just because humans base their decisions on a pattern of outcomes throughout history, making for easy predictability, does not mean we can always foresee what is going to happen. And Brexit, not least Trump’s victory, has served as the writing on the wall.
With just a little over two weeks left to the elections on June 8th, it is important to know what our votes translate into. Below is a link to resources on each manifesto issued so far and, although each are a lot of pages to get through, a quick read at the forward and title of each chapter should give an idea of what the main areas of focus are:
Also, a link on how to vote, whether by person, post or proxy:
Happy voting on June 8!
It would be safe to conclude that savings are beneficial but the goal is to make your money work for you. Research has shown millennials save but are hesitant to invest. In this brief post, I outline a few disruptors of the investment world. That is, companies that are making it easier for millennials to begin their investment journeys through cool and quirky investment concepts.
How does it work?
This is a fundraising platform for entrepreneurs. Investors are able to view a wide range of investment opportunities. As a prospective investor, you can assess each proposal and using the information provided i.e. the target amount, funds usage, equity %, pre-money valuation etc., to make an informed decision before choosing to invest in the project.
2. Money Box
How does it work?
Moneybox is an app which proclaims that they are, “The new way to save and invest”. Their USP has been the opportunity to invest the excess of everyday saving. For example, if I spend £45.40 at ASOS, the app then rounds up the purchase and invests the extra 60p. Now it may not seem like a lot but these small amounts build up over time and it is money that you are most likely not going to notice.
You are also able to invest one-off deposits and weekly savings.
Subscription fee of £1 per month (free for first 3 months)
0.45% of value of investment per year, charged monthly
Fund provider fees ranging from 0.22%-0.24%
How does it work?
Nutmeg is an online investment management service. They provide expert professional management and ensure it is diversified depending on your risk appetite.
You have the option of either choosing a fully managed portfolio where Nutmeg manages your portfolio or you can opt for a fixed allocation portfolio where there is no ongoing intervention.
0.25% -0.75% per year depending on investment amount and portfolio type
Fund costs of an average of 0.19%.
Minimum investment of £500 and if under £5000 set a reoccurring monthly amount of £100`
How does it work?
This is a peer-to-peer lending site where lending rates are set by investors and borrowers. They are unique in this area because they have what is known as a “Provision Fund”, a pot of money that the company maintains in order to pay back lenders in the case of default and late payment by borrowers.
£10 minimum spend
· In a time where saving account’s rates are low, this is a great alternative to a typical savings account.
· The provision fund means that your money is as close to risk-free.
· Also, an option if you want to borrow money
· There is likely to be a delay if you choose to withdraw your funds.
I hope this blog has outlined some options available out there for a wide range of incomes. A quick note of caution, any investment of your capital is a risk. I wouldn’t advise investing an amount you cannot afford to lose but I hope you are able to work towards being a regular investor. Happy investing!
WCAN recommends the best resources for keeping abreast of business news.
For anyone hoping to climb the corporate ladder, whether as a consultant, banker or lawyer, commercial awareness is crucial. In our interconnected world, what happens in commodities can affect your consulting clients, and a high-profile legal case (e.g. the High Court Brexit example) can cause shockwaves in the financial markets. In a nutshell, it’s important to read widely, whatever your sector of interest. If you’re not an economics or law student, the expectations might not be as high, but nevertheless, a fundamental understanding of what’s happening in the commercial world is generally a prerequisite, particularly at interview stage. Not sure where to start? We’ve compiled a list of our favourite resources to help you keep up-to-date with all things business.
Probably the go-to resource for most “commercially aware” students, partly in thanks to its campus ambassadors, The Economist is a great start for anyone looking to get a grasp on the commercial headlines, but also follow key political debates. Content isn’t free, but there are affordable introductory student offers for both digital and print subscriptions (with a physical copy arriving on your doorstep ever Friday).
Not too keen on reading pages of business news? Try Bloomberg TV for all the headlines in a video format. If you can tolerate the adverts, you’ll find the content to be creative, informative and far more palatable than your typical broadsheet.
Wall Street Journal
For a stateside perspective on global business news, the Wall Street Journal’s online platform is an invaluable resource and often one of the best for breaking news. A £6-a-month student subscription might sound steep, but it ultimately equates to one less Pret lunch (and is far more useful than Netflix).
The Financial Times – FT Alerts
The FT is considered by many in The City to be an authority on all things finance. If the newspaper itself seems rather intimidating, consider signing up to FT Alerts – you can pick and choose which briefings you want straight to your inbox. FT is one of the more expensive resources, but many universities offer discounted or free FT subscriptions to their students.
Business Insider is one of the more user-friendly resources, presenting hard-hitting business news in a Buzzfeed-style format. As with Buzzfeed, resist the temptation to click on the addictive and surprisingly time-consuming ‘listicles’.
For those hoping to enter the world of consulting, make sure to keep up-to-date with McKinsey Insights. The world’s top consulting company converts data and analytics from its research in all areas of business into insightful articles to help clients make better decisions.
The Market Mogul
Market Mogul aims to be the go-to financial news site for millennials – an interactive, easy-to-navigate upgrade to its somewhat stuffy competitors. Each article states how long it will take to read (usually no longer than a few minutes) and there are video interviews with influencers from a range of industries. The best news? It’s completely free.
In anticipation of our ‘Women in Innovation’ event at Google, we spotlight 5 incredible black British women in the fields of tech, entrepreneurship and innovation.
Much like finance, tech has long been deemed a man’s world. From an early age, boys are believed to be more naturally inclined to STEM subjects than girls (a myth), so much so that it’s still fairly common to walk into a computer science lecture and see only one or two female faces. What’s more, the tech industry is also one of the least ethnically diverse, with black employees often making up fairly meagre percentages at the big tech companies. Sadly, it’s a similar case in the world of entrepreneurship and innovation, where black women form a small minority of start-up founders; according to the Wall Street Journal, female and minority-owned start-ups are also far less likely to receive VC funding. Here at WCAN, we’re determined to help change that, which is why we’re hosting our first ever #WCANTech event in collaboration with the Black Googler Network for young black women interested in tech, startups, enterprise and STEM. In anticipation, we’ve compiled a list of five amazing black British women who are already making waves in these fields.
Ade Hassan, Founder & CEO @ Nubian Skin
When former financier Ade Hassan launched Nubian Skin in October 2014, it was, for many black women, an answered prayer. Frustrated by the lack of ‘nude’ lingerie and hosiery options for women of colour, Ade set out to create an inclusive underwear brand selling bras, knickers, stockings and more in a variety of styles, sizes and skin tones, from the fairest Café au Lait to the darkest Berry. Since its launch, the revolutionary company has grabbed international headlines, attracting media attention from Buzzfeed, The Guardian and Marie Claire, while its founder has been nominated for and won multiple accolades including Fashion Entrepreneur of the Year. Today, Nubian Skin’s products can be found on the shelves of major fashion retailers and boast a bevy of celebrity fans, from supermodel Jourdan Dunn to Queen Bey herself.
Mercedes Benson, Social Media Manager @ Google UK
In autumn last year, Mercedes Benson fulfilled every millennial’s career dream by converting her love for social media into a high-powered role at the world’s most iconic tech company. After studying biomedical sciences at St George’s, Benson opted for a more creative path, gaining work experience in digital and PR while running a successful style blog and racking up tens of thousands of online followers in the process. The digital influencer was eventually handpicked by Google UK to manage its Instagram, Facebook and Twitter pages, produce online content and create striking social campaigns promoting their products.
Anne-Marie Imafidon, Co-Founder @ Stemettes
As the co-founder of Stemettes, an organisation that encourages young women to pursue careers in STEM, Anne-Marie Imafidon has been one of a handful of women leading UK efforts to break tech’s glass ceiling. The ‘child prodigy’ earned GCSEs in Maths and IT at the age of 11, graduated with an MSc in Mathematics and Computer Science from Oxford at 20 and in 2013, set up Stemettes, later joined by co-founder Jacquelyn Guderley. As of today, thousands of young women have participated in Stemettes events, from hackathons to app-building workshops to panel discussions, while Imafidon has since appeared on multiple honours lists including Management Today’s 35 Under 35.
Alexis Oladipo, Founder and Managing Director @ Gym Bites
Hackney-born Alexis Oladipo was inspired to set up her company after being unable to find nutritious post-gym food. Gym Bites aimed to fill that gap in the market via a line of fresh, healthy meals in grab-and-go jars. With a little help from Prince’s Trust, the brand was launched in 2013, and has since been featured in the pages of Vogue and stocked on the shelves of high-end department store Selfridges. What’s more, Oladipo’s determination for Gym Bites to have a positive social impact means the company also donates any leftovers to charities around the city.
Sharmadean Reid MBE, Founder @ WAH Nails
Since founding the cult WAH London nail salon in Dalston in 2009, Central Saint Martins graduate Sharmadean Reid has owned a pop-up in Topshop’s Oxford Street flagship, launched a line of products in Boots, released two books and collaborated with top brands such as Nike and Marc Jacobs. This year, the unstoppable beauty maven is working on plans to open a high-tech ‘salon-of-the-future’ in Soho in November and recently ran Future Girl Corp, a 12-hour workshop for the next generation of ‘female CEOS’, many of whom hope to one day emulate Reid’s dazzling success.
Meet Ade, Anne-Marie and many more of Britain’s most innovative black women by signing up to the WCAN Women in Innovation Event at Google!