School’s out for summer: Time for working parents to grapple with the childcare conundrum July 19, 2019 For many parents, the summer holidays are a mix of joy and anxiety
The Extinction Rebels seem to care more about capitalism than climate July 19, 2019 If your commute to work this week has been blocked by a giant colourful boat, you have Extinction Rebellion (XR) to thank. The self-defined “non-violent civil disobedience activist movement” has begun its summer of disruption, shutting down traffic in five UK cities to protest against climate change “inaction”. A worthy and vital attempt to safeguard [...]
DEBATE: Has any technological development in the last 50 years matched the magnitude of the moon landing? July 19, 2019 Has any technological development in the last 50 years matched the magnitude of the moon landing? Ivan Mazour, chief executive and founder of AI-powered customer retention platform Ometria, says YES. When asked about the greatest innovation of the past century, would many of us point to the moon landing? A feat remarkable, yes, but unrepeated [...]
We need a bold new approach to tackle London’s housing crisis July 19, 2019 When I was a young boy in the 1970s, my family lived in council housing in Ladbroke Grove, and London was in decline. The depressed mood about London was reflected in the price of housing: the average property cost just £24,000. Mind you, the average income was only £6,000. The prospect of our family owning [...]
Let’s end the government monopoly of financial regulation July 19, 2019 The growth of financial regulation seems inexorable. Andy Haldane, chief economist at the Bank of England, has noted that in 1980 there was one UK regulator for every 11,000 people employed in finance, compared to one for every 300 people by 2011. At that rate of growth, the number of regulators will overtake the number [...]
City Moves for 19 July – Who’s switching jobs at Lloyds Bank, Young’s and R3? July 19, 2019 Today’s City Moves includes Lloyds Bank, Young’s and R3. Lloyds Bank Andy Hulme has been appointed as co-head of Lloyds Bank’s Real Estate and Housing (RE&H) alongside Madeleine McDougall (pictured), who has successfully led the business since 2017. Both Andy and Madeleine will report to Scott Barton, managing director, large corporates, commercial banking. Andy is [...]
Why Taiwan thinks that freedom is contagious July 19, 2019 The grand Renaissance style building feels like an embassy, but it isn’t. David Lin talks like an ambassador, but he isn’t. His official title is Representative, and 50 Grosvenor Gardens is Taiwan’s Representative Office in the UK. Taiwan has its own democratic system, currency and military but its official name remains the Republic of China [...]
MPs: Next Prime Minister should make Huawei 5G decision ‘a matter of priority’ July 19, 2019 MPs have urged the next Prime Minister to decide whether to include Chinese tech giant Huawei in future 5G networks as a matter of priority. In a report published this morning, the Intelligence and Security Committee (ISC) said the matter is “damaging the UK’s international relationships”. Read more: UK’s approach to Huawei makes no sense, [...]
Renter demand soars after tenant fee ban July 19, 2019 Tenant demand soared in June as renters rushed to secure new properties following the introduction of new rules to ban letting agent fees. In London, demand increased by 13 per cent from May to June compared to a four-year average of four per cent. Read more: The potential consequences of the tenant fee ban Nationally [...]
Boeing takes $4.9bn hit on 737 Max groundings to compensate airlines July 18, 2019 Boeing will set aside $4.9bn (£3.9bn) to compensate airlines for the disruption caused by the worldwide grounding of its 737 Max jet. The world’s biggest plane maker said this evening the after tax charge would slash its pre-tax profits by $5.6bn in the second quarter, when results are announced next week. Read more: Ryanair warns [...]