Bank of England ramps up CBDC ambitions after offering £200,000 wallet contract to bidders December 12, 2022 The Bank of England has underlined its desire to pursue a CBDC by putting a contract for a sample wallet out to tender.
Crypto AM Spotlight: Advances in economic transformation with Convex December 12, 2022 Crypto AM shines its spotlight on the Convex Foundation as it looks to make monetary and value exchange services available to all.
How The Maldives are properly celebrating their food culture December 12, 2022 On The Maldives, local cuisine is finally being properly celebrated. Angelina Villa-Clarke jets in to eat local delicacies including mud crabs I’m sat high in the treetops, hidden amongst the oversized leaves of banana trees. Flickering candles light the tables but, mostly, the scene is illuminated by the night sky, ablaze with an eternity of [...]
Leonardslee House is the UK hotel producing South African wine December 12, 2022 THE WEEKEND: Wanting to rusticate in luxurious splendour, we paid a visit to the newly launched accommodation at Leonardslee House. Owner Penny Streeter OBE has brought back a hefty slice of South Africa to rural England and filled the Grade I listed grounds with things to do and art to gawp at for all ages [...]
HRH The Princess Royal, opens Opportunity Bank in Uganda December 12, 2022 | Sponsored City A.M. has been a long standing partner of Opportunity International – a brilliant charity that helps people all over the world to build and sustain independent, prosperous lives by providing them with access to financial services and training. In October this year, Opportunity International UK’s Patron, HRH The Princess Royal, visited one of their [...]
Price of Bitcoin hardly moves as investors anticipate interest rate announcement December 12, 2022 Bitcoin is trading at $16,965 this morning, down 1.18% over 24 hours and down 2% in the last week, while Ethereum is down 1.5%.
How regulation will help ESG reach its full potential December 9, 2022 | Sponsored I was excited to join the FCA as its first ESG director last year. It’s a great opportunity to use my investor experience to help the financial sector move to a more sustainable future. Whether its climate, biodiversity, supply chains or diversity and inclusion, there’s lots to get stuck into. Consumers are also excited about [...]
Lightrock: City AM Q&A December 9, 2022 London-based private equity outfit Lightrock closed a mammoth $860m fund in October with the aim of fuelling a new generation of founders “tackling the world’s biggest challenges”. But in a world where every business claims purpose over profit, how can investors separate the wheat from the chaff? Lightrock partner Kevin Bone sits down with Impact [...]
How ESG has impacted technology and innovation sectors December 9, 2022 Increasing examples of environmental, social and governance (ESG) targets linking to executive incentive pay (sometimes as much as 20%) represents a financially lucrative area business leaders need to ensure they are getting right. ESG is a broad term comprising interlinked yet distinctive ways to evaluate the sustainability credentials of a business, including corporate governance, inclusion [...]
‘We talk about the three Cs now: cost of living, climate and conflict’ December 9, 2022 KPMG’s ESG chief, John McCalla-Leacy, discusses the scale of the challenge ahead ESG is a mercurial beast to grapple with at the best of times. Standards and regulation are yet to be consistently drawn up; definitions swing from a governance tool to an all-encompassing by-word for impact investing; and businesses and political leaders have begun [...]