The ICAS public voice – the corporate ecosystem post-covid September 23, 2021 | City Talk As we begin to emerge from Covid-19, a key strand in the public policy work undertaken by ICAS relates to reforming the corporate ecosystem. From a public interest perspective, our role is to share insights, shaped and informed by the views of ICAS Members, into the many complex issues and decisions involved in developing high-quality [...]
Post-Brexit ambitions: UK outlines 10-year plan to become global leader in AI September 22, 2021 The UK has outlined a 10-year plan today to make the country a leader in Artificial Intelligence (AI), in a bid to draw in foreign investment and shape the way it is regulated globally. In the country’s first AI strategy, which comes amid London Tech Week, the UK has proposed a new white paper on [...]
Exclusive: Chatrooms and Reddit groups increasingly drive traders’ decisions September 22, 2021 Chatrooms and social media groups are increasingly driving UK traders’ investment decisions, according to new data that was exclusively shared with City A.M. today. UK investors are catching the investment chatroom bug with nearly one in ten regular traders using chatrooms to research ideas, ETP provider GraniteShares has found. Subreddits such as WallStreetBets are increasingly [...]
Tech leaders can power a green future September 22, 2021 | Sponsored Experiences in digital era will guide them in climate transformation, says Danielle Ullner, Managing Director and Partner at BCG Digital Ventures in London. When BCG Digital Ventures was founded seven years ago, “digital” was still a daunting term for many corporate leaders. They had little concrete idea what digitalising their operations or launching entirely new [...]
Exclusive: Startups and finserv firms push for more rules to keep bots under control September 21, 2021 Bots are changing the way we work, saving businesses thousands of hours and significant sums per year as they increasingly play a key role in automating key corporate functions, including customer service and data collections. Despite this, due to the actions of a small number of irresponsible bot users, myths and misconceptions, many business leaders [...]
Russ Shaw’s Tech Week Diary: Showcasing the best of London to the world September 21, 2021 London Tech Week – the showcase of all things innovative – is back. Each day this week, Tech London Advocates and Global Tech Advocates boss Russ Shaw CBE will write for us reflecting on the jamboree. Here’s day one. Europe’s largest tech festival, London Tech Week, is back. The launch event – the Global Leaders [...]
Exclusive: ASOS and Boohoo lead the pack as online-only retail sales hit record £16bn September 20, 2021 Sales at the UK’s 20 biggest online-only retailers have reached a record £16.4bn in the last year, rising 22 per cent from £13.2bn the previous year, according to calculations based on Companies House data. This growth continues to be driven by the success of fashion retailers, which increased their revenues by 14.2 per cent to [...]
Chancellor hails London tech success as capital beats European competitors again September 20, 2021 Chancellor Rishi Sunak today hailed London’s bounce back from the pandemic as new figures show the capital is sprinting ahead of rival European tech hubs. London has attracted more venture capital investment to its startups than anywhere else in Europe and now boasts more unicorns – firms valued at more than $1bn – than France [...]
UK tech: Record raise of £13.5bn pushes number of British unicorns to 105 September 20, 2021 The UK tech sector raised £13.5bn in the first six months of this year, almost three times more than the same period a year ago, according to new data. As a result, the number of British unicorns has jumped to 105. Companies including fintech giant Revolut, online video conference business Hopin and online car sales [...]
Exclusive: London’s first ever data charter launched September 20, 2021 One of London’s leading business associations has today launched the capital’s first ever Data Charter to help businesses tackle some of the biggest challenges facing the city. Drawn up by law firm Pinsent Masons for London First, the charter provides a framework for private and public companies across the city to collaborate and share data. [...]