Exclusive: Meet the serial entrepreneur on a mission to close the UK’s digital skills gap – CityAM : CityAM August 31, 2021 Businesses across the UK are increasingly sounding the alarm about the growing digital skills gap in the UK and, according to some, the failure of the government to address this issue properly. Earlier this summer, a group of London businesses called on Education Secretary Gavin Williamson to tackle London’s growing skills shortage, warning that the [...]
Ethereum and Solana set the pace as markets close August on a high August 31, 2021 August looks to be ending in robust fashion in the crypto markets as Ethereum and Solana look strong.
Western allies cannot allow China to fraternise with the Taliban – CityAM : CityAM August 31, 2021 The swift demise of Afghanistan has dominated every headline. Twenty years of aid, support and work towards political stability wiped out in a mere nine days. This will only spell the start of the atrocities — the return of female oppression and a crack down on all who aided Western countries are already reemerging. As [...]
Google invests £859m in German clean energy and digital infrastructure : CityAM August 31, 2021 Google has announced it will invest €1bn (£859m) in German clean energy and digital infrastructure between now and 2030. Today, the tech behemoth has agreed a 92 megawatt deal with ENGIE, a large European utility company, which will assemble a green energy portfolio on Google’s behalf. The company is aiming for its German operations to [...]
Causeway Capital calls for ‘refresh’ of Rolls-Royce’s board : CityAM August 31, 2021 Rolls-Royce’s second largest stakeholder has called on the aerospace giant to “refresh” its board as the firm emerges from the worst downturn in aviation history. In an interview with the FT, Jonathan Eng, portfolio manager at Causeway Capital Management, called for incoming chair Anita Frew to review whether the board had the right mix of [...]
Nike gives burnt out staff in its head office a week off – CityAM : CityAM August 31, 2021 Nike has announced that staff working in its Oregon headquarters will be given a week off to destress after the “traumatic” events of the Covid-19 pandemic. In a message posted to LinkedIn last week, Matt Marrazzo, the firm’s head of insights, said Nike would be “powering down” for a week starting Monday. He said: “Our [...]
UK facing £371bn savings shortfall despite financial resilience improving – CityAM : CityAM August 31, 2021 Consumers are currently facing a £371bn savings shortfall when it comes to feeling ready to cope with a financial shock, according to a new report. Adults in the UK require a nest egg of £17,465 to feel financially secure while the average Briton needs an additional £7,220 to reach this goal, Yorkshire Building Society’s The [...]
Afghanistan: Healthcare system close to collapse after foreign donors pull out August 30, 2021 Afghanistan’s healthcare system is at risk of collapse after foreign donors stopped providing aid to the country, a representative of Doctors Without Borders has warned. Watch the full report.
Decision on vaccine passports delayed as clubs hope to avoid policy – CityAM : CityAM August 30, 2021 Ministers are delaying a decision on making vaccination a mandatory requirement for nightclubs until the last minute. The Prime Minister said vaccinations would be made a condition of entry for nightclubs by the end of September, when most people will have received two Covid jabs. However, officials are delaying making any firm decisions about how [...]
Covid emergency loan schemes push UK challenger bank lending to record high August 30, 2021 Lending by British challenger banks surged to a record high last year driven by businesses rushing to capitalise on emergency Covid loan schemes, according to new figures published today. Research by accountancy firm BDO shows challenger bank lending climbed 11 per cent over the last year to £143bn, a record high, up from £128bn in [...]