Gold miner Petropavlovsk faces shareholder revolt as splinter group aims to oust all directors and reinstate old guard May 9, 2018 London-listed gold miner Petropavlovsk, founded by mining magnate Peter Hambro, is facing a shareholder revolt as two investors have proposed resolutions to oust all the company’s directors. Cabs Platform and Slevin, which together hold 9.11 per cent of the Russia-located business, instead want to reinstate former directors Pavel Maslovskiy, Roderic Lyne and Robert Jenkins. The [...]
Digital Innovators: three market transforming companies leading business into the world of tomorrow May 9, 2018 Technology has become one of the main driving forces of the world economy, allowing businesses to become more productive and efficient, and helping to create new types of jobs. Data analytics and machine learning mean that artificial-intelligence powered devices are becoming faster and smarter, able to solve all sorts of problems and tasks. These three [...]
Artificial Intelligence: The importance of identifying the problem May 9, 2018 Over the past few years, Artificial Intelligence (AI) has attracted a huge amount of attention. It is anticipated to transform almost every sector including key areas such as finance, healthcare, manufacturing, logistics, automotive and aviation. The impact of this technology is so great that it has led the government and the AI sector to agree [...]
DEBATE: Would a ‘citizen’s inheritance’ of £10,000 to 25 year olds help tackle intergenerational inequality? May 9, 2018 Would a ‘citizen’s inheritance’ of £10,000 to 25 year olds help tackle intergenerational inequality? Olivia Utley, news and features editor at Reaction, says YES. In Britain, there has always been a tacit deal between the old and young. The young will look after the old, and in exchange, the old will help the young have [...]
Elections over, the Tories must find their next London mayor | City A.M. May 9, 2018 Politics is a relentless business. Once one election is over, preparations begin immediately for the next race. So while I genuinely hope that campaigners from all parties managed to enjoy the bank holiday weekend, I know postmortems on the local election results will already be underway, and – crucially – their future electoral success will [...]
Donald Trump’s tariffs are unlikely to plunge the global economy into a Great Depression May 9, 2018 The Trojans had to beware of Greeks bearing gifts. In the same way, politicians need to be suspicious of petitions signed by economists. The vast majority of the UK economics profession backed Project Fear, which predicted a rise in unemployment of half a million by the end of 2016. Instead, unemployment has fallen almost continuously [...]
The future of UK supermarkets is big data and personalisation May 9, 2018 The proposed merger of two supermarket giants, Asda and Sainsbury’s, has been hailed as one of the new “forces of UK retail”. But in a rush to point out that the combined chain would have nearly a third of the UK supermarket sector, one key factor has been ignored: Amazon. Amazon recently launched its online [...]
Donald Trump pulls US out of landmark Iran nuclear agreement May 9, 2018 President Donald Trump last night revealed the US will pull out of a nuclear agreement with Iran, warning that his government will soon begin imposing heavy sanctions on the country. At a White House conference Trump said he had made the decision as he believed the US “cannot prevent an Iranian nuclear bomb under the [...]
Brexit: Irish border can be solved with max fac customs proposal, claims Policy Exchange in Lord Trimble-backed report May 9, 2018 The Irish border problem can be solved with the “max fac” customs proposal favoured by Brexiters, according to a new paper endorsed by former Northern Ireland minister Lord Trimble. The “maximum facilitation” – or “max fac” – option would allow so-called trusted traders to cross the Northern Ireland and other EU borders freely, aided by [...]
Swansea City 0, Southampton 1: Saints march towards Premier League safety with pivotal win in south Wales May 8, 2018 Southampton boss Mark Hughes savoured his side moving to the brink of Premier League safety with victory over deflated Swansea on a potentially pivotal evening in south Wales. Striker Manolo Gabbiadini, who has endured a frustratingly anonymous season, was thrown into action by Hughes in the second half and repaid his manager’s faith moments after [...]