Sir Richard Branson set to launch Virgin Galactic float on Monday October 24, 2019 Sir Richard Branson has announced that he is planning to float his space venture Virgin Galactic on the New York Stock Exchange on Monday. Branson said he hoped to be there to ring the bell himself as his space flight company becomes the first to go public next week. Read more: Boeing invests $20m in [...]
Downing Street denies cabinet split over general election timing October 24, 2019 Downing Street today rejected reports of divisions within Boris Johnson’s Cabinet over when the government should try to call a general election, as it considers the next steps to deliver Brexit. The Prime Minister is thought to favour a general election if the EU suggests a Brexit delay until 31 January 2020. Read more: Moody’s: [...]
Facial recognition tech powered by AI poses a threat to society October 24, 2019 Facial recognition software feels like it has stepped out of the realms of science fiction and into reality. Thanks to massive developments in artificial intelligence (AI), cameras and surveillance systems can now check and analyse someone’s facial features in real time. This is a profound step forward in the realms of biometric security, and major [...]
How businesses can take power into their hands October 24, 2019 Having your phone run out of power is one of the pitfalls of modern living, which is why battery packs are a must in most people’s bags. But while we are happy to be proactive about power protection in some ways, that usually doesn’t extend to our homes and businesses where it is even more [...]
This House divided must act with honour, stop hiding, and seek a new mandate from the people October 24, 2019 At times of crisis, it is sometimes tempting to seek solace in scripture. As the US Civil War approached in 1858, a senatorial candidate for Illinois – a certain Abraham Lincoln – clearly thought so. In his famous “House Divided” speech – during what proved to be a failed campaign but one that set him [...]
Winning the global race: Britain needs social enterprises to help business rediscover its purpose October 24, 2019 What seemed like a lifetime ago, former Prime Minister David Cameron used to talk about the “global race”. When he spoke about getting fit for this race, his argument was that the state needed to shed a few pounds in order to free up businesses to drive growth. Like most politicians at the time, he [...]
The UK’s AI talent race just stepped up a gear October 24, 2019 Technology has the power to improve lives and tackle the great challenges of our time. At the University of Exeter, for example, Tim Dodwell is about to start a five-year project looking into how technology can make the aviation industry more sustainable and safer. He is one of the first five recipients of a new [...]
Commercial radio market share rises to highest level in 20 years October 24, 2019 Commercial radio stations continued to attract large audiences during the third quarter, growing their share of listening hours to a 20-year high. A total of 35.9m people tuned in to commercial radio in the UK, up from 35.8m in the same period last year, according to figures released today. Read more: Global launches 24-hour rolling [...]
Self-driving startup FiveAI launches commuter trials on London streets October 24, 2019 British startup FiveAI has today announced the launch of commuter research trials for its self-driving car technology, alongside motor insurance giant Direct Line. As part of the Streetwise Consortium, which also includes TRL, a 19km self-driving research route featuring human passengers will be launched in Croydon and Bromley to test out the technology. The invite-only [...]
City Moves for 24 October – Who’s switching jobs at Legal & General, SnapLogic and Angling Direct? October 23, 2019 Today’s City Moves includes Legal & General, SnapLogic and Angling Direct Legal & General Legal & General Investment Management (LGIM) has announced the appointment of Margaret Ammon as chief risk officer. Currently chief risk officer for the asset management branch of M&G, Margaret will join LGIM in February 2020 and be responsible for the oversight and [...]