Bank of England staff to come in one day a week July 6, 2021 Government guidelines regarding working from home is set to be scrapped on July 19th along with many other restrictions. Bank of England has asked all staff to come in to the office once a week, but this is not to be fully implemented until September, this year. The deputy governor and chief operating officer, Joanna [...]
Test for London’s fintech sector: Wise listing could turn into ‘volatile affair’ July 6, 2021 Cross border payments company and fintech giant Wise will be admitted to the London Stock Exchange tomorrow morning. No price guidance has been issued, which will mean that the stock price will be determined during the auction, which will be a lengthy one – from 7.50am onwards, with trading to begin just after 11am – [...]
How to help beat post-lockdown stress, by The Nue Co. founder Jules Miller July 6, 2021 In many ways, the past 18 months have come to redefine what it means to feel stressed. A recent survey that we conducted across people in the US and UK found 89 per cent have experienced more stress as a result of the pandemic, with over 93 per cent reporting being affected by stress either [...]
How to make a hybrid workforce work for you July 6, 2021 | City Talk Should your team be working from home or in the office? Or a mix of locations? Hopefully the answer to this question will – very soon – be able to be determined solely by an organisation of its own accord rather than because of a need to follow Covid-19 guidelines. But even before the pandemic, [...]
Covid-19, one year later: Capital markets entering uncharted waters July 6, 2021 | City Talk CFA Institute conducted a survey of its global membership to analyse the effects of the current economic crisis caused by the Covid-19 epidemic on financial markets and the investment industry. The survey was run worldwide from 8 to 28 March 2021. Now we are releasing the survey report: COVID-19, ONE YEAR LATER. This research constitutes the second iteration [...]
Wise exec: London tech scene already at ‘critical mass’ despite Brexit July 5, 2021 A senior exec at London fintech darling Wise has said Brexit “won’t get in the way” of the capital’s tech ecosystem continuing to thrive. Speaking on City A.M.’s podcast, the firm’s Chief Financial Officer Matt Briers said that while many elements including recruiting have become “harder,” the tech climate is “already at critical mass.” Read [...]
£700bn market: UK’s digital trade talks with Singapore underpin Britain’s role as a global tech exporter July 1, 2021 The UK and Singapore launched negotiations this week on a new ambitious digital trade agreement that could remove barriers and provide access to digital trade. Government statistics show this digital trading relationship was worth £3.2bn in 2019, out of Britain’s total tech exports of nearly £63bn globally. As the value of the entire digital global [...]
Google cracks down on financial fraud and scams in UK June 30, 2021 Google says it will clamp down on financial fraud on its platforms in the UK, but the country’s watchdog says legislation will be needed to really tackle the problem. Watch the full report.
It’s all over: Softbank pulls plug on Pepper the robot, sources say June 30, 2021 SoftBank Group is slashing jobs at its global robotics business and has stopped producing its Pepper robot, according to sources and documents reviewed. Watch the full report.
UK shoppers sticking with online shops despite restrictions relaxing June 29, 2021 Online e-commerce sales continued to grow in April, despite the reopening of non-essential retail across the UK. Demand for e-commerce packaging, a barometer for industry and sector performance, grew 11.7 per cent in April, despite brick-and-mortar shops reopening in the same month. This followed a 35.6 per cent increase in demand in the year up [...]
