The privacy paradox: How we got trapped in a data dystopia February 18, 2020 One of the less encouraging reports to come out of the tech world this month was that Facebook, everyone’s favourite villainous corporation, knew very well about the colossal security flaw that let hackers rob personal data from millions of users long before the breach itself. Facebook employees have said that they felt “guilt” and “hurt” [...]
Think carefully before shaking up the BBC licence fee February 18, 2020 The future of the BBC is in the spotlight once again. The government is running a consultation on the decriminalisation of the licence fee, and there has been plenty of speculation in the press as to whether there could be further changes to the way the BBC is funded or what its remit should be. [...]
DEBATE: Should the new chancellor suspend the IR35 tax regulation changes? February 18, 2020 Should the new chancellor suspend the IR35 tax regulation changes? Alasdair Hutchison, policy development manager at IPSE, says YES. We should be building a vibrant and competitive economy after Brexit, not making it harder to do business or under-mining our flexible labour market, one of the UK’s main competitive advantages. Businesses are simply not prepared [...]
Barclays and Downing St have some thinking to do February 17, 2020 Once is unfortunate, twice could be coincidence but three times starts to look like a pattern. We can now say Jes Staley’s unfortunate habit for gathering eyebrow-raising headlines certainly looks like the latter. The latest is the controversy surrounding his relationship with convicted sex offender Jeffrey Epstein, and two watchdogs’ investigation into whether he was [...]
The Democrats’ Bernie Sanders problem will lead to the re-election of Donald Trump February 17, 2020 The perpetual problem of the American left is that it wants to feel good, rather than do good. This tendency to suicidal virtue-signalling — damn the consequences — is glaringly apparent in the Democratic party’s full-blown Bernie Sanders problem, made real by his tie for first in Iowa, and his outright victory in last week’s [...]
Research parks can help turn the light-bulb moment of science into business success February 17, 2020 Based on 35 years of experience, I am a proponent of the idea that “place matters”. Businesses benefit from being located in an environment willing to share the risks involved in fostering entrepreneurship. That’s why the global research and science park movement has taken off. It is designed to support the clustering of enterprises to [...]
Tesla’s short-selling critics do not have to be rewarded to be right February 17, 2020 Short-selling, or shorting, is the act of betting against a company’s stock. If the share price goes down, the short-seller makes money. If the share price goes up, they lose it. It is the most rhetorical of investments. A short position is a statement of a belief: a minority opinion held against the will of [...]
DEBATE: Does it make sense to run the Treasury out of Number 10? February 17, 2020 Does it make sense to run the Treasury out of Number 10? Will Tanner, director of Onward, says YES. Boris Johnson is not the first resident of Number 10 to want a closer hold on Number 11. Pitt the Younger, Peel, Disraeli, Gladstone and Baldwin all served as chancellor and Prime Minister concurrently. The two [...]
Both north and south of the border, Ireland’s financial centres are the City’s historic partners February 17, 2020 As the debate around our future relationship with the European Union continues, we at the City Corporation have been focusing on building even stronger ties with our closest neighbours. Over the past two weeks, I have visited Dublin, Belfast and Derry-Londonderry to do just that. Both the Republic of Ireland and Northern Ireland have long-standing [...]
Caroline Flack’s death shows ‘cancel culture’ has to stop – and it’s up to us to stop it February 16, 2020 I was shocked to hear of the death of television presenter Caroline Flack. I didn’t know her – but I didn’t have to. There were plenty of stories dissecting her relationships, her wardrobe and her career. She had 1.9m followers on Twitter and 2.4 on Instagram, but died alone, facing an assault trial that was [...]