BBC ‘new brands’ plan sparks criticism for ‘assault’ on commercial media March 27, 2024 The BBC director-general’s announcement that the broadcaster will launch “two new brands” has sparked criticism of its “overreach” and “assault on commercial journalism”.
AI could add £144bn to GDP over next five years but millions of jobs at risk, think tank says March 27, 2024 "History show that technological transition can be a boon if well managed, or can end in disruption if left to unfold without controls," Carsten Jung, senior economist at IPPR, said.
Step out of ‘Brexit’s long shadow’ and improve EU trade terms to boost UK economy March 27, 2024 “This is about much more than Brexit," Martha Lane Fox, president of the BCC and Chair of the Business Council, said. "But Brexit casts a long shadow".
London homeowners saving less money as gap between renting and buying narrows March 27, 2024 In London, the monthly difference between renting and buying is just one per cent. Buyers in the capital save £12 a month compared to their lodging counterparts.
Business leaders set to sell off portfolios, suggesting deal making spike March 27, 2024 Business leaders are reporting a strong interest in shifting parts of their portfolio over the next year, potentially leading to a spike in new mergers and acquisitions, City A.M. can reveal. 79 per cent of business leaders surveyed by Deloitte globally said that they were planning to make at least three divestments over the next [...]
New London careers service should be on mayoral to-do list, says BusinessLDN March 27, 2024 A new London careers service to help young people into jobs and workers to upskill should be on the to-do list of the next mayor, BusinessLDN has urged.
Buy now, fail later? Banks struggle to cash in on Klarna’s success March 27, 2024 Natwest recently confirmed it would axe its buy-now pay-later scheme. Industry experts suggest the move could be a sign of things to come as traditional lenders struggle to gain a foothold in the market.
BlackRock’s BUIDL sparks real world asset boom March 27, 2024 Monday greeted us with the first day of Bitcoin ETF inflows after last week’s exodus. This time, Fidelity led the pack with their fifth highest inflow day, with over $261 million. Late last week, more information was released about BlackRock’s BUIDL fund. The market digested it and allocated strongly towards Real World Asset (RWA) related tokens. According to CoinGecko, on Monday, the sector’s market cap grew by over 29% to over $8 billion.
Out-of-pocket Bidstack investors vow to take action after execs buy AIM-listed firm out of administration March 27, 2024 Angry investors in AIM-listed Bidstack are preparing regulatory complaints and plotting legal action after the company’s top brass bought the firm out of administration.
Sadiq Khan pledges 1,300 more police on London streets in pre-election promise March 27, 2024 Sadiq Khan has pledged to get 1,300 more neighbourhood police officers, PCSOs and special constables on London’s streets, if reelected.