Credit Suisse, Greensill and Archegos: how did it all go so wrong? April 12, 2021 Spare a thought as the week begins for Christine Graeff, the group head of corporate communications for Credit Suisse. The Swiss finance giant has lost billions of dollars in recent weeks in what has been branded a “disaster pile-up”. The basic cause is easy enough to diagnose: Credit Suisse provided financial backing for the the [...]
Bloomberg: data accessibility is the key to the future of work April 12, 2021 At Bloomberg, we’ve learned from experience how to weather market disruptions over nearly four decades serving the global financial community. From the 1987 market crash to the global financial crisis of 2008, we have proven our ability to help our customers quickly adapt and remain productive. When Covid-19 hit in early 2020, we recognised similarities [...]
We must help the small businesses in the Square Mile get back on their feet April 12, 2021 From today, many businesses that are so essential to the energy and vibrancy of the Square Mile will be able to reopen their doors and welcome back customers. This is a much-needed return to a semblance of normality after a long and difficult winter. Large parts of the City have adapted remarkably well to working [...]
Can investment in biodiversity really deliver strong financial returns? April 11, 2021 There are myriad myths surrounding the climate crisis which desperately need to be debunked this year. Two in particular that are long overdue: the belief that environmentally-focused investments don’t deliver a strong bottom line and the idea that responsibility to deal with climate change and protecting biodiversity rests on the shoulders of Governments. Both are [...]
Museum of London: From the Great Fire to the Black Death, the City has always carved out a bright future April 10, 2021 Last week, I cycled into work for my first day in the office since December. I had the galleries and all of the glorious parts of our collections all to myself. A treat, some might say. But as Museum Director, what makes my life in my little corner of the City of London meaningful are [...]
Northern Ireland riots: who stirred the combustible pot of tensions? April 10, 2021 Rioting is not uncommon in Northern Ireland, nor is the sight of young people throwing missiles at the police. They do, however, tend to be wearily predictable in terms of dates and locations. Twelfth July, the Protestant celebration of the anniversary of the battle of Boyne, is a flash point, and skirmishes often centre around [...]
HRH Prince Philip, Duke of Edinburgh: ‘I try to put matters right’ April 9, 2021 A few hours ago, the prime minister will have received a telephone call from a senior official in the Royal Household, probably the Lord Chamberlain, Earl Peel. That official will have said to him words he will have half-expected to hear for some time: “Forth Bridge is down.” This afternoon Buckingham Palace announced that Her [...]
Ministers don’t understand artificial intelligence, so how can they regulate it? April 9, 2021 Regulators are scrambling to stay abreast of the rapid growth of artificial intelligence and machine learning. There are the two familiar camps: one favouring strict regulation in the name of protecting consumers and ensuring responsible use of technology or the other, advocating for a light touch approach to allow innovation and competition to thrive. This [...]
Screenshot: Can cinemas bring Brits back to the big screen? April 9, 2021 This week **Media Moment of the Week: Every dog has its day **Can cinemas bring Brits back to the big screen? **Is Clubhouse really worth $4bn? Media Moment of the Week: Every dog has its day Doing a live piece to camera comes with risks, as any broadcast journalist will tell you. But one thing [...]
In AstraZeneca we trust: it’s not just about blood clots, it’s about understanding fears of young Britons April 9, 2021 Few will emerge from the pandemic unscathed, but the young have made colossal sacrifices and suffered some of the worst consequences. University students have struggled to learn online, career opportunities have been hampered as jobs dried up, and those living in cramped quarters trying to combat loneliness, let alone date, have found lockdown particularly challenging. [...]