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      A decade after Brexit, what does the City want next?

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Business

  • Alexa: Tell me why I can’t have a flying car like in Blade Runner

    January 4, 2019

    Bad news: it’s 2019, and that means we are now living through the year in which the original Blade Runner film was set. Released in 1982, Blade Runner has some interesting ideas about 2019. Yes, it’s a post-apocalyptic dystopian hellscape where sentient bioengineered robots (“replicants”) must be hunted down against a backdrop of a dying [...]

  • From sugar to saving, this government is treating us like a nation of children

    January 4, 2019

    The morning I turned eight, I woke up and told my father that I was “halfway there”. This, in my home state of Connecticut, was in reference to getting my driving licence, a process I could start on my sixteenth birthday. As a kid, this was the milestone that I was most excited to reach, [...]

  • DEBATE: Is transport secretary Chris Grayling right to blame the unions for rail fare hikes?

    January 4, 2019

    Is transport secretary Chris Grayling right to blame the unions for rail fare hikes? Duncan Simpson, policy analyst at the TaxPayers’ Alliance, says YES. This week’s fare rise is, quite understandably, infuriating for many commuters. But passenger outrage is being misdirected. Huge progress has been made since privatisation: passenger numbers and overall satisfaction are up, and [...]

  • The internet is a positive force, not a menace to be controlled

    January 4, 2019

    There is no doubt that the internet industry faces many challenges. The same tools that allow information to pass from one user to another, or to join a business with a customer on the other side of the world, can be put to bad uses by bad actors. But amid the torrents of negative headlines [...]

  • Economy Energy banned from taking on new customers amid Ofgem probe

    January 4, 2019

    Economy Energy has been banned from taking on new customers until it improves its customer service, Ofgem said today. The energy regulator said it has issued a three month ban on the supplier, which will also prevent it requesting one-off payments and increasing direct debits. Ofgem said Economy Energy must improve its customer contact procedures, [...]

  • UK house prices fall in December on Brexit uncertainty as annual growth rate hits six-year low

    January 4, 2019

    UK house prices fell by 0.7 per cent in December, as prices’ annual growth rate dropped to its lowest level in almost six years. Prices grew by just 0.5 per cent year on year, compared to 2.6 per cent growth in 2017, but fell compared to November. London recorded a 0.8 per cent decline in house [...]

  • Shop price inflation grows in December despite Christmas discounting

    January 4, 2019

    Shop price inflation rose in December as festive discounting failed to keep prices down for stretched consumers. Overall inflation rose to 0.3 per cent last month, up from 0.1 per cent in November and the highest rate of inflation since April 2013. It is only the fourth month of inflation in the last five years, according [...]

  • City Moves for 4 January – who’s switching jobs at Trium Capital, Hurricane Energy and Jenner & Block?

    January 4, 2019

    Who’s switching jobs? Trium Capital Trium Capital, the London-based alternative investment specialist, has hired proven industrials specialist Jonathan Ingram to manage a new developed market, industrials-focused equity market neutral strategy. Jonathan’s appointment is one of several recent high-profile hires for Trium, as the group prepares to unveil a broader proposition to investors. Jonathan has worked on [...]

  • Do not succumb to the ‘Fat Cat Friday’ outrage

    January 3, 2019

    As if Greggs’ vegan sausage rolls hadn’t prompted enough misplaced shock and outrage for the start of a new year, you can expect more of the same this morning when campaigners declare it to be “Fat Cat Friday”. The High Pay Centre, which opposes current levels of executive remuneration, calculates that by this afternoon a [...]

  • Trump blames US government shutdown on Democrats’ 2020 election efforts

    January 3, 2019

    US President Donald Trump has blamed the ongoing partial federal government shutdown on his opponents playing politics, as the new look Democrat-controlled congress convenes for the first time. Shortly before newly-elected members were sworn into the House of Representatives, including two Muslims, Trump said Democrats were “going all out on the desperately needed Wall and [...]

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