Crypto could give London a unique post-Brexit advantage says Hammond December 1, 2021 Ex-Chancellor Philip Hammond said the UK must move quickly on digital assets to secure its post-Brexit advantage in financial services.
Smart regulations the path to a prosperous post-Brexit future December 1, 2021 So, it’s eeyore no more. Philip Hammond – rarely confused for a ray of sunshine during his time as Chancellor – is now taking a rather brighter view of at least one of London’s post-Brexit opportunities: as the global home of digital assets. Good for him. For much of his spell at No.11 he saw [...]
Kin + Carta Chairman John Kerr CA on becoming the first London-listed B-Corporation December 1, 2021 | City Talk This article first appeared in ICAS’ CA magazine. Kin + Carta helps clients undergo digital transformation. But, crucially, its strong ethical underpinning means it’s set to become the first London-listed B-Corp. Chairman John Kerr CA explains why it’s blazing the trail. Kin + Carta describes itself as a transformative business. At first glance, this refers to [...]
TSB becomes latest bank to announce closures as it shuts 70 branches November 30, 2021 TSB said it will close more branches as use by customers “declines further” and more people are choosing to bank digitally. It said 150 jobs will be affected by the move, but that all staff will be offered alternative roles at TSB. It stressed that it will continue to have the seventh largest branch network [...]
Covid latest: Number of Omicron coronavirus cases in UK jumps to 14, Boris Johnson to address nation today November 30, 2021 It appears this morning that three more cases of the Omicron variant of coronavirus have been identified in Scotland, bringing the total number of cases in the UK to 14. The news comes as Boris Johnson is expected to hold a Downing Street press conference this afternoon, where he is expected to set out more [...]
New ‘purpose-built’ $1bn UK clearing bank launches in London November 30, 2021 London gets its second new clearing bank in 250 years today, as The Bank of London launches in the city to approve and process cross-border payments. Founded by Anthony Watson, a former chief information officer at both Nike and Barclays, The Bank of London is taking on the four banking giants HSBC, Lloyds Banking Group, [...]
Griffon Hoverwork wins major hovercraft export contract in Japan November 30, 2021 UK-based hovercraft giant Griffon Hoverwork confirmed it has won a major new contract in Japan, supplying three new 12000TD craft to the country. Work on the first hovercraft is set to start at the end of January next year, with the last craft to be delivered to the the Oita Prefecture government in Japan in [...]
Queen replaced by Rihanna as national hero as Prince Charles witnesses Barbados becoming a republic November 30, 2021 As Barbados’ first president was sworn in, superstar Rihanna was made a national hero as her celebrated becoming a republic. Barbados Prime Minister Mia Mottley surprised the invited guests when she said her government had recommended the celebrity be made a member of the Order of National Heroes. Rihanna, who grew up in the island [...]
Omicron optimism: Covid anxiety attack on the financial markets shows signs of alleviating November 29, 2021 The anxiety attack on the financial markets shows signs of alleviating, as investors pause for breath and spot signs of optimism while scientists race to establish the severity of the new variant. The FTSE 100 opened up 1 per cent in early trading, recovering some of Friday’s dramatic losses and the FTSE 250 was 1.5 [...]
Nissan bets heavily on electric cars as it pours £13.2bn into 23 new models with key role for Sunderland plant November 29, 2021 Car giant Nissan said this morning it plans to spend more than £13bn on developing electric vehicles. At a news conference in Japan the car manufacturer, which has a major plant in Sunderland, revealed it will develop 23 new electric models by 2030. By that time, the firm aims for half of its global output [...]