Letters: Open up OpenBanking, but do it well March 29, 2022 [Re: Competition watchdog to unveil open banking regulatory committee after fintech pressure] We’re glad to see the CMA has published new guidance on the future of Open Banking. It’s not so much a resolution, however, as it is a signal that we’ve entered a critical phase of Open Banking development. There are still fundamental issues [...]
Political stasis on energy policy will throw us further into the Dark Ages March 29, 2022 The foundations of our energy policy in Britain have been thrown into the spotlight as countries around the world look to unwind their reliance on Russia. Reducing oil dependency is a step in the right direction. But as the human, environmental and geopolitical costs spiral, what the UK needs now is a decisive commitment towards [...]
A snap legislative change to isolate P&O exposes the holes of employment law March 29, 2022 First came the heavy-handed sacking of 800 workers via Zoom. Then followed the unnerving performance of P&O chief exec Peter Hebblethwaite in front of a parliamentary select committee. The P&O saga has been a total mishap. Now, Transport Secretary Grant Shapps has vowed to change the laws and make it illegal to pay employees below [...]
Nations allowing a deluge of Russian money are a threat to our global democracies March 29, 2022 In the month since Russia’s invasion of Ukraine, the West has come together to face what could be the greatest military crisis since the beginning of the Cold War. This has clearly wrong-footed Putin and the invasion has not gone according to his plan. This geopolitical explosion has been a long time in the making, [...]
Will Smith should get the sack – his violence wouldn’t be tolerated in an office March 29, 2022 It’s bizarre to think of Will Smith getting the sack. He probably doesn’t ‘need’ work in financial terms, so being let go has a lesser value for him than others, but nevertheless he should be booted out. Yesterday at the Academy Awards in Los Angeles, Smith physically assaulted Oscars host Chris Rock live on stage [...]
As supermarkets keep costs low, farming bears the brunt of inflation in the middle March 28, 2022 The British farming industry is facing a tumultuous future. The impact of high inflation coupled with the reverberations of the war in Ukraine has left farmers high and dry without access to crucial products. What insiders have termed an “unprecedented crisis” could cause radical change in the British farming sector – an opportunity for some, [...]
Sunak gives with one hand and takes with another to paint a positive veneer March 28, 2022 LAST week’s spring statement—the chancellor’s mini-budget, and a significant opportunity to lay out priorities and plans—was a big event for Rishi Sunak. While Covid cases persist and people are still dying, there is a broader feeling that the pandemic is now under control, and that the country can now think about moving into a post-virus [...]
Opinion-in-brief: A divided cabinet shows there is no quick energy fix March 28, 2022 Boris Johnson’s calls to ramp up wind and nuclear power reflect his desperation to shore up the security of the country’s energy supplies and his enthusiasm for the net zero agenda, but they also defy the deepening splits within his own cabinet. Downing Street and the Treasury are at loggerheads over the Prime Minister’s push [...]
The big bucks world for esports March 28, 2022 Leah Montebello on one London site’s bid for a part of the lucrative global esports pie...
To make the City rich in socio-economic diversity, we need a measure of it first March 28, 2022 THE City of London today is a far more diverse place than when I started out my career as a lawyer. The workers spilling out of the tube stations, flitting between offices, grabbing coffees and enjoying the Square Mile’s vibrant hospitality venues are now a rich cosmopolitan blend, representing every corner of the globe. Strikingly [...]