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Britain will spend $2.5 billion to support jobs

November 16, 2023 by Jamie

Unlock Editors Digest for free FT editor Roula Khalaf picks her favorite stories in this weekly newsletter. UK Chancellor Jeremy Hunt plans to spend an extra £2.5 billion on job support for people with long-term illness and unemployment as part of a wider push to cut welfare bills and boost the workforce. On Thursday, Treasury …

RBCx hires former SVB employees to increase support for seed-stage and life sciences startups

November 1, 2023 by Jamie

RBC joins a growing list of Canadian banks to acquire talent from the now-defunct SVB Canada. The Royal Bank of Canada’s technology and innovation arm, RBCx, has hired four former Silicon Valley Bank (SVB) Canada employees, becoming the latest in a growing list of Canadian banks to poach employees from the collapsed tech financier. …