Banks are under threat – and this time it’s personal November 13, 2019 The launch of Uber Money, which provides payment and banking services to the company’s drivers, is an example of the next big trend in banking — the rise of the so-called “non-bank”. The establishment of a financial product for non-banks goes beyond simple revenue growth. It is about establishing loyalty, and in the case of Uber, loyalty [...]
General Election 2019: Lib Dems defiant after Canterbury candidate Tim Walker stands down November 13, 2019 The Liberal Democrats are understood to be planning to replace Canterbury candidate Tim Walker, who stood down last night to avoid splitting the Remain vote. Walker announced that he was stepping aside to help Labour incumbent Rosie Duffield, who took the seat in 2017 with a majority of less than 200. He said he wanted [...]
In his pursuit of power, Farage is gambling with Brexit itself November 13, 2019 Single-issue campaign groups are curious beasts. They spring up, sometimes overnight, when the need arises. In many cases, they succeed in achieving their stated goal, and all the blood, sweat and tears involved in facilitating change is recognised as worthwhile. However, there is a bittersweet irony at play during the very moment of triumph. Victory [...]
DEBATE: Is it worrying that the report on Russian interference has not yet been published? November 13, 2019 Should we be concerned that the government’s report into Russian interference has not yet been released? Liz Jarvis, a writer and a Liberal Democrat parliamentary candidate in Southampton Itchen, says YES. In just over four weeks, voters will go to the polls without knowing whether or not they can trust the Conservatives on the issue [...]
Jeremy Corbyn’s support for authoritarianism abroad makes him unfit to be Prime Minister November 13, 2019 If you’ve managed to tear your eyes away from the flood of General Election coverage recently, you may have read about the political turmoil currently racking Bolivia. Following a narrow and contested election victory for incumbent Evo Morales in late October, protests broke out across the country in response to the President’s alleged cheating, culminating [...]
£2.9bn of investment planned for Oxford Street by 2022 November 13, 2019 Oxford Street and the surrounding area is set to receive a total of £2.9bn in investment over the next two years, according to a new report. Westminster City Council has committed to investing £150m up to 2023 to transform the area, including a proposed public piazza at Oxford Circus, a public square at Marble Arch [...]
FTSE 100 on track to meet target for women on boards November 13, 2019 The FTSE 100 is on track to meet a target of 33 per cent for women on boards by 2020, a government-backed report published today showed. However, a “step change” is still needed to boost the number of women in senior leadership roles at FTSE 350 companies, the Hampton-Alexander Review report said. Unless half of [...]
UK businesses are increasingly adopting automation November 13, 2019 Eighty seven per cent of businesses have automated a key process during the last year, a survey of chief financial officers showed today. One-in-five financial officers view automation as their most most important investment priority during the next five years, the survey by accountancy firm BDO said. A third of businesses (31 per cent) have [...]
HS2: Leaked report means controversial project is now an election issue November 13, 2019 The HS2 high speed rail line has long been the problem child of British infrastructure. Now, at a decade old and with a final decision on its future fast approaching, it is hurtling towards its difficult teenage years. Yesterday, a leaked draft of the government-commissioned review into the project cast yet more doubt on how [...]
London’s New Bond Street has the most expensive retail rents in Europe November 13, 2019 London’s New Bond Street is the most expensive shopping street in Europe for retailers to rent store space. The street in the West End is more expensive than the Avenue de Elysees in Paris and shopping destinations in Milan, Zurich, Vienna and Munich. Read more: London falls on list of best cities for living and [...]