Delta Air Lines brings real-time luggage tracking to its London Heathrow transatlantic flights February 1, 2018 Worried about the prospect of never seeing your luggage again once it’s been loaded onto a flight? Well, fear not, for Delta is now rolling out real-time bag tracking for its London transatlantic flights. Customers will be able to keep track of their checked bags on its flights between London Heathrow and the US via [...]
Digital Innovators: Q&A with Julian Ranger, executive chairman and founder of digi.me February 1, 2018 digi.me enables the Internet of Me by putting individuals at the centre of their digital life, owning and controlling their own data. Last year digi.me 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 [...]
Brexit talks: Theresa May says EU citizens will be treated differently during UK transition period February 1, 2018 Theresa May has rebuffed the idea that EU citizens will have the same rights if they arrive in the UK after March 2019. The UK and the EU are starting negotiations on the so-called transition period, an adjustment phase after Brexit, which is designed to allow businesses and citizens time to adjust to new rules [...]
The reality of trade will intrude on EU politics February 1, 2018 Reporting on complex and highly political negotiations in real-time presents a number of challenges to pundits, observers and reporters alike. When each side is engaged in strategic briefing and leaking, to whom do you give more weight? Which side do you believe? If, as has happened this week, unnamed officials in the European Commission let [...]
The office of robots will require more human expertise, not less February 1, 2018 This year is expected to be all about the acceleration of the process to replace people with robotics and automation – but are we really that close to seeing robots as fellow employees in the financial services sector, and, if so, how will it actually work? In reality, it is already working. Robotics Process Automation [...]
Outraged by Alexis Sanchez’s stratospheric pay? Try rethinking your attitude to capitalism February 1, 2018 Alexis Sanchez has moved to Manchester United on a reported salary of £350,000 per week, rising to £450,000 when his image rights are included, and £600,000 with potential bonuses. While the January transfer window has now closed, football pay has yet again opened a debate which goes to the very heart of capitalism itself. You [...]
Clarity on EU-UK data transfers is vital February 1, 2018 As we enter the new year, banks will already be working flat out on gearing up for GDPR – an EU-wide regulatory package that marks a step change on data protection policy. If 2017 was the year of MiFID II preparations, 2018 will be a time of data audits and system changes to be ready [...]
Facebook beats expectations but worries market with time well spent crusade February 1, 2018 Facebook smashed expectations late last night with fourth-quarter revenues of $13bn (£9.1bn). Analysts had pencilled in $12.6bn of sales in the three months to December. Earnings per share were $2.21 compared with consensus projections of around $1.95. But shares fell almost five per cent in after-hours trading, after CEO Mark Zuckerberg said the tech titan [...]
A fintech M&A bonanza drove deal value to its highest level last year, as the UK led the way, says Hampleton Partners February 1, 2018 The UK helped to drive a record six months of fintech mergers and acquisitions (M&A) in the second half of last year, as the global deal total hit a new high of $29.35bn (£20.7bn). The announced acquisition of the UK’s Worldpay, by US firm Vantiv, was the largest over the period accounting for a massive [...]
Treasury and business committees to investigate treatment of small businesses in wake of RBS GRG scandal and Carillion collapse February 1, 2018 Two influential parliamentary committees will today launch investigations into finance for small businesses in the wake of the scandal over Royal Bank of Scotland’s much maligned global restructuring group (GRG). The Treasury Select Committee will investigate the repercussions from the GRG scandal and the state of the market for small businesses, while the Business, Energy [...]