Who actually owns your personal data? Certainly not you November 6, 2017 Big businesses own us. Many of us feel like Facebook and Google have us pinned. They know everything about us, they can use our data however they want, and there’s no escape. Or is there? The reality is, we are on the brink of a major switch from corporate data ownership to individual ownership. People [...]
Billionaire Hollywood bad boy Alki David is resurrecting the dead with holograms | City A.M. November 6, 2017 There’s a rather bonkers Russian chap named Dmitry Itskov who claims that by the year 2045 his team of scientists will have achieved human immortality by uploading brains onto a computer. That’s a little way off, though. In the meantime, if Frankenstein’s monster meeting Blade Runner doesn’t tickle your fancy, one can achieve a rather [...]
The boys can keep their dingy old member’s clubs, us women have our own November 6, 2017 Growing up in a family of entrepreneurs, I was surrounded by women who ran their own businesses. For me, it was completely normal to think about how I was going to earn my own money and build something, rather than being employed. I’ve been an entrepreneur since I was 25 and I’ve never pitched to [...]
British firms set for M&A buying spree despite uncertain outlook November 6, 2017 British businesses are poised to launch a buying spree on a scale not seen for almost a decade, buoyed by forecasts of rising profits – despite political and economic uncertainty. Some 60 per cent of British companies surveyed by accountants EY are planning acquisitions in the course of 2018, a nine percentage point rise since [...]
London living wage to rise faster than inflation to break through £10 per hour for first time November 6, 2017 Thousands of Londoners will enjoy a pay rise today with the London living wage to rise above £10 per hour for the first time. Mayor of London Sadiq Khan will today announce the rise from £9.75 to £10.20 per hour. The independently-calculated living wage aims to set a value based on what people need to [...]
Brexit and the City: Unpicking 10 myths that refuse to die as the City grapples with the vote to leave November 6, 2017 More than a year after the vote to leave the European Union, the debate is still raging over the potential impact of Brexit on the City of London – although it is often dominated more by heat than light. This is a short attempt to put some of the zombie myths from both sides of [...]
Queen and US commerce secretary Wilbur Ross among prominent figures featured in Paradise Papers November 5, 2017 A massive trove of leaked legal documents from an offshore law firm has exposed financial arrangements of well known public figures ranging from the Queen to a key member of Donald Trump’s cabinet. The documents, which were obtained by German newspaper Suddeutsche Zeitung and shared with the International Consortium of Investigative Journalists (ICIJ), reportedly contain [...]
London Stock Exchange boss Xavier Rolet being pushed out by chairman Donald Brydon claims Sir Chris Hohn November 5, 2017 Leading activist investor Sir Christopher Hohn has called for the resignation of the chairman of the London Stock Exchange Group (LSEG), claiming he is forcing out chief executive Xavier Rolet. Hohn, who runs The Children’s Investment (TCI) fund, said Rolet is leaving the company against his wishes, in a letter sent by TCI to the [...]
Tottenham Hotspur 1, Crystal Palace 0: Third-choice goalkeeper Paulo Gazzaniga excels on debut as Heung-Min Son scores the winning goal November 5, 2017 Tottenham Hotspur 1, Crystal Palace 0 Tottenham manager Mauricio Pochettino hailed Paulo Gazzaniga after his third-choice goalkeeper made a string of key saves on his debut to earn a hard-fought win over struggling Crystal Palace. Heung-Min Son’s second-half goal decided the contest but the performance of Gazzaniga, a summer signing from Southampton, was equally important [...]
UK chancellor Philip Hammond poised to reduce burden of business rates in Autumn Budget | City A.M. November 5, 2017 The chancellor could be set to alleviate the burden of business rates in his upcoming Autumn Budget by reducing an increase in the tax due in April next year. The 2018 rise in business rates is currently pegged to the retail prices index, meaning firms face a £1.1bn hike in property taxes. Business groups have [...]