UK inflation doubles in a month as transport prices rise January 20, 2021 UK inflation doubled in December as prices rose during the festive period, the Office for National Statistics has announced. Prices in the run-up to Christmas were up 0.6 percent compared to a year earlier and rose from 0.3 per cent in November. Higher prices for transport, recreation and culture were flagged by statisticians, despite food [...]
Market confidence is only artificially low, says IW Capital CEO January 19, 2021 The impact of Covid has been continually unpredictable since the first ripples in January of last year to the third lockdown of this year. Despite this, there is plenty of reason to feel optimistic about 2021. Both historical evidence and current sentiment point to a period of boom after months of gloom, according to Luke [...]
Experian reports ‘better-than-expected’ quarter as revenue grows January 19, 2021 Credit scoring giant Experian (EXPN) reported a better-than-expected third quarter after a strong performance by its North America division. Total revenue at constant exchange rates grew 10 per cent in the three months to the end of December. Experian’s North America and Latin America divisions grew 11 and 16 per cent respectively, but the UK [...]
Fintech firms top list of best London startups to work for January 19, 2021 Fintech firms dominate the list of best startups to work for in London as investment in the sector picks up and expands aggressively. Some 50 startups and scaleups appear on Otta’s Rocket List, which has been curated by Tech Nation and a handful of VC firms including Atomico and Seedcamp. The experts considered a firm’s [...]
What next for social media regulation in the post-Trump world? January 19, 2021 Two weeks on from the storming of the US Capitol the social media excision of the 45th US President is so extensive, the holder of the most powerful office in the world is presently unable to log in to Pinterest to create a mood board for his impending house move. His exclusion has drawn condemnation from [...]
London staff the worst in UK for working longer during Covid-19 era, as pandemic pushes Brits to burnout January 18, 2021 The working-from-home era has London employees more likely to have their work day drag well into the evening than staff based in other parts of the UK. More than half of London staff (51 per cent) admitted working beyond their usual hours, compared to 40 per cent of all those survey across the UK. 45 [...]
Exclusive: UK tech still needs the EU, says TechUK boss January 18, 2021 As thousands of businesses breathe a sigh of relief now the Brexit deal has been agreed, one leading tech figure thinks the EU remains important for the UK. Julian David, chief executive of TechUK, spoke to City A.M. about his thoughts on the Brexit deal for the tech sector and the future for the industry [...]
Remote working – striking a balance January 18, 2021 | City Talk Presenteeism has long been associated with working life in the city, viewed by many employers and employees as essential for getting known and getting ahead. However, in response to the Covid 19 pandemic, businesses have had to cope with an abrupt move to mass remote working, in a way many never would have imagined feasible [...]
An increase in distressed investment expected January 18, 2021 | City Talk In autumn 2020 we conducted our Restart Capital Survey of over 500 SME business and over 100 investors. There was a feared wave of corporate insolvencies with 35% of the business respondents expecting to be out of business within 12 months (and 43% of medium sized enterprises). 84% of the business respondents considered themselves distressed [...]
Salaries for those who kept their jobs through pandemic rose in 2020, says Reed January 18, 2021 Salaries for those who kept their jobs through pandemic rose in 2020, says Reed
