Digital Innovators: Q&A with Klaus Henke, managing director of Billmonitor February 6, 2018 Billmonitor is the first ever Ofcom-accredited tariff price comparison tool for consumers. Last year Billmonitor was identified as one of 50 of the freshest and most inspiring digital companies using technology and innovation to shake up their sectors in our Digital Innovators Power List. Following a public vote and after careful consideration by supporting partners [...]
Michelle Mone’s latest bitcoin gambit is EQUI, a venture capital firm to back tech startups with its own cryptocurrency initial coin offering (ICO) February 6, 2018 Fresh from offering luxury apartments in Dubai to buyers with bitcoin, bra tycoon and baroness Michelle Mone is delving deeper into cryptocurrency. Along with boyfriend and businessman Doug Barrowman, the pair are launching a venture capital firm supported by the launch of their own cryptocurrency via what’s known as an initial coin offering (ICO), or [...]
Financial services jobs are most at risk in t he short term from automation, robotic and atificial intelligence February 6, 2018 City jobs will be lost to automation earlier than those in the wider job market, new research reveals. The first wave of automation arriving in the next two to three years will hit financial and professional services hardest compared to other industries, according to the analysis of more than 200,000 jobs across 26 counties by [...]
Vaping and tobacco industries welcome Public Health England review into e-cigarettes February 6, 2018 The tobacco and vaping industries have greeted a new report by Public Health England which found that e-cigarettes only pose minimal health risks. The review was welcomed by British American Tobacco and the UK’s vaping industry trade body among others. The review comes as a rebuke to fresh health concerns over vaping which have emerged [...]
Delivering the essentials, every day: In defence of the support services sector – and why not all firms are like Carillion February 6, 2018 Cleaning parliament, securing the perimeter fence at Britain’s atomic weapon’s establishment, feeding the nurses and doctors at the NHS’s busiest hospitals, repairing the telephone masts across our isle. These are all services provided by Mitie. We clean, protect, repair and care for the working and leisure environments that 5m people pass through every day. From [...]
Taking the bull by the horns: Does the sell-off signal the start of a bear market? February 6, 2018 FOMO, or the fear of missing out, was the overriding concern for stock market investors as we entered 2018. But markets can quickly change tack, and the first few days of February have seen investors dump equities over fears that the bull run is coming to an end. This sell-off has been prompted by mounting [...]
Momentum are coming for us like White Walkers, but we’ve got our Muhammad Ali: Tory MPs share their fears on the forthcoming elections February 6, 2018 With just under 90 days to go until local elections in the capital, Conservative Party HQ is going into overdrive to show it can fend off the multiple threats of Brexit tensions, a vulnerable leadership, the fallout from the Grenfell Tower tragedy and the rise of the Corbyn-supporting Momentum campaign group. The Tories face a [...]
Watford 4, Chelsea 1: Antonio Conte insists he does not fear sack despite humiliating defeat pushing him to the brink February 6, 2018 Watford 4, Chelsea 1 Chelsea manager Antonio Conte last night insisted that he does not fear the sack despite a humiliating setback at Watford leaving him fighting to save his job. The Premier League champions, who played with 10 men for an hour, looked rudderless as they succumbed to consecutive three-goal defeats against teams in [...]
The rise of passive investment could trigger a sharper stock market sell-off February 5, 2018 Stock markets turned red again on Monday, as last week’s sell-off maintained its grip on trading floors throughout the world. There are many rational reasons why specific equities, or the market more broadly, may have taken a knock. Signs of core inflationary pressures across the pond arguably triggered last Friday’s bearish turn, with strong growth [...]
Lloyds Banking Group cuts 930 jobs ahead of fresh three-year strategy February 5, 2018 Britain’s biggest bank has axed 930 jobs across multiple divisions ahead of a new three-year strategy to be unveiled later this month. A Lloyds Bank spokesperson said the majority of cuts were within the lender’s commercial banking unit, the chief information office, risk, community banking and insurance and wealth. A net total of 465 roles [...]