‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
The way businesses are adopting technology is totally spooking staff, Microsoft study finds October 31, 2017 Businesses could be facing a major challenge when it comes to adopting new technology: people. Workers are feeling fear of technology and are worried about its effect on their job, according to new research from Microsoft, and that could put British businesses digital transformations at risk. Introducing new technology in the workplace is making the [...]
Don’t let the bitcoin bubble blind you to the wonders of smart ledger technology October 31, 2017 Last Monday, 500 people attended the Long Finance Digital Currency Educational Trade Fair. They were excited about Initial Token Offerings (ITOs) and Initial Coin Offerings (ICOs), and heard pitches for new cryptocurrency-based tokens and coins for investment. Cryptocurrency capitalisation has risen from circa $50bn at the beginning of 2017 to over $170bn now. ITOs and [...]
We want our money back from the European Investment Bank October 31, 2017 The EU is trying to make it as hard as possible for the UK to leave the bloc. It has been well reported that the exit bill keeps going up and up, and that the rights of EU citizens living here will be subject to the jurisdiction of the European Courts of Justice. But at [...]
Netflix says it will end House of Cards just a day after allegations against its star Kevin Spacey October 31, 2017 Netflix has announced it will cancel House of Cards after its upcoming sixth season, just one day after a sexual misconduct allegation was brought against its star Kevin Spacey. In a statement with production studio Media Rights Capital, Netflix said it was “deeply troubled” about actor Anthony Rapp’s allegations against Spacey. Rapp said Spacey had [...]
What the City needs to know about Mifid II: The landmark legislation coming into force next year October 31, 2017 City A.M. answers vital questions about Mifid II, the EU legislation coming into force in 2018. What on earth is Mifid II? Depending on who you speak to, Mifid II (or the second Markets in Financial Instruments Directive) is either a welcome piece of securities market reform or the worst change to hit the City [...]
London real estate nears record year: Investment in the capital’s commercial property set to top £20bn October 31, 2017 Investment in London’s commercial real estate sector is on track for a record-breaking year as international buyers flock to the capital. Property adviser Savills predicts that the total volume of commercial real estate transactions in central London during 2017 will top £20bn, and could end the year higher than the previous record level of £21.6bn [...]
Consumer confidence edges back down as economic jitters continue October 31, 2017 UK consumer confidence slipped back down in October, as the state of the economy continues to give Britons the jitters. The long-running measure of consumer confidence fell back to a negative reading of 10 overall, GfK will announce today on behalf of the European Commission, jointly the second lowest score since the immediate aftermath of [...]
London has been named the top European economic city, making the UK the most attractive country for employers October 30, 2017 The UK has been dubbed the most attractive country for employers and staff, with London retaining its crown as the top European economic city, according to a new report. Despite the negative press surrounding Brexit and stubbornly low productivity, Britain is still luring employers based on a combination of talent, location, quality of life and [...]
A new film studio in Dagenham East could add £35m to the economy, London mayor Sadiq Khan says October 30, 2017 The mayor of London has said a new film studio in Dagenham East could generate £35m for the UK’s economy and create hundreds of new jobs. Sadiq Khan and the leader of Barking and Dagenham council, Darren Rodwell, today announced plans to make Dagenham East a world-leading destination for blockbuster movie production. Khan revealed a [...]
Transport secretary Chris Grayling says ‘rapid progress’ is being made on post-Brexit aviation arrangements with third countries US and Canada October 30, 2017 Transport secretary Chris Grayling said today “rapid progress” was being made on securing fresh arrangements with third countries such as the US and Canada. He also stressed that it was “inconceivable” that planes will stop flying when Britain leave the European Union in 2019. “It’s not going to happen,” Grayling added. Speaking at the Airport [...]