As Amazon steps up tests in the UK, will drone deliveries really catch on among consumers? July 26, 2016 Nadav Rosenberg, partner at Entrepreneur First, says Yes. Two years ago, drone deliveries were a consumer gimmick; a PR stunt designed to push Amazon’s forward thinking brand. But this recent development is different. Having gained approval from the Civil Aviation Authority to test drones outside of warehouses, with special concessions including operating drones without a direct [...]
William Hill shows the gaming tables can turn July 26, 2016 It's eat or be eaten in the gaming sector, and 888 and Rank have decided they would rather be predators than prey. Once takeover targets themselves, the two gambling firms have joined forces to consider bidding for William Hill, which is down on its luck. They have pounced with a preliminary approach following last week’s shock [...]
The whole UK will suffer if London loses out in the Brexit aftermath July 25, 2016 Just over a month on from the EU referendum and some semblance of order appears to be returning to Whitehall. We have a new Prime Minister and Cabinet. Ministers have started talking about things other than Brexit – such as transport policy and defence. Debt markets look calmer for now. But Brexit is clearly going [...]
It’s 350 years since the Great Fire of London and we’ve still not fully learnt its lessons July 25, 2016 The Great Fire of London, which happened 350 years ago this September, destroyed more than 13,000 homes and 87 churches as it blazed for four days. Thousands of timber buildings, crowded together, proved highly susceptible to the flames. If such a fire engulfed the City of London today, we estimate the cost in insurance pay-outs would [...]
As Donald Trump pulls ahead in the presidential race, will 2016 be seen as the high water mark for globalisation? July 25, 2016 John Bew, professor at the war studies department at King’s College, London and lead of the Britain in the World project at Policy Exchange, says Yes. The world has never been more interconnected but globalisation has not been the happy process that many presumed. Potent forces like nationalism, ethnic rivalry and religious sectarianism are making a comeback. [...]
Head to Italy for this summer’s Eurozone crisis July 25, 2016 It wouldn't be summer without a crisis in the Eurozone and, following the UK’s vote to leave the European Union, we are likely to have a second, this time with an Italian flavour. Italy’s banks were once the foundation of the modern banking system – but now, weighed down by bad debts and a dismal [...]
Labour’s in a hole and it just keeps digging July 25, 2016 This is the time of year when the City starts to feel a little quieter. Indeed, the desire to find a bit of post-referendum down-time is likely proving irresistible. But spare a thought for one group of people who are already dreading the return to work: Labour MPs. Their party will spend the summer locked [...]
The Anglosphere is Britain’s past, present and future: Let’s embrace it post-Brexit July 25, 2016 Sometimes things are so much simpler than they seem. I had one such moment in Warsaw, not long after Poland’s accession to Nato. To a man, the Polish elite were particularly insistent on making every American aware of how much they valued being in the alliance, but they obviously wanted something more. A number of my [...]
The UK faces two critical trade-offs in determining its future EU relationship July 25, 2016 It is now D day +32 and the country has experienced an unprecedented period of political change, along with significant uncertainty about Britain’s future relationship with the EU and the rest of the world. On the positive side, few countries could achieve such a change of government so smoothly. But now that the initial emotions from the [...]
Sir Philip Green ran BHS like a medieval fiefdom: Now his reputation hangs by a thread July 25, 2016 Our new Prime Minister has promised to get “tough on irresponsible behaviour in big business”. The report today of our joint Select Committee on the collapse of BHS offers a case study of what can go wrong at a company almost 90 years old and why she is right that government must react. After over [...]