Covid connections: Pandemic narrows digital divide as more Brits go online April 28, 2021 While it may be hard to find silver linings in lockdown, it appears the rapid shift to online services has had its benefits. A surge in demand for internet services over the last year means the UK’s digital divide has narrowed even further, with more and more Brits getting connected. The proportion of homes without [...]
City Moves: Who is switching jobs in the Square Mile this week? April 21, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. In this week’s City Moves, we have a host of newly created roles making their way across the Square Mile. From chief data officers to directors of environment social and governance – the [...]
Digital pound would boost post-Brexit City, says think tank April 9, 2021 A digital pound should be at the heart of efforts to strengthen the City’s global attraction as a post-Brexit financial centre, think tank CityUnited Project said on Friday. The finance ministry will set out proposals for making Britain’s capital market more attractive after Amsterdam toppled London to become Europe’s top share trading centre following Brexit. [...]
Rishi Sunak to chair meeting with G7 counterparts on Covid-19 recovery and digital tax reform February 3, 2021 Sunak to chair meeting with G7 counterparts on Covid-19 recovery and digital tax reform
Blockchain and XBRL: the myth January 19, 2021 | City Talk Currently, many jurisdictions around the world require public companies to produce financial reports using eXtensible Business Reporting Language (XBRL). The myth that blockchain could replace XBRL in the production of financial information is incorrect. Blockchain is not a data standard. And XBRL is not a distributed ledger system. Replacing one with the other would be [...]
Biden’s plans for digital government set an example the UK and Europe must be willing to follow January 18, 2021 This week, days before Joe Biden had even stepped foot in the White House as US President, he showed a greater commitment to digitally-enabled government than most other world leaders have done for a long time. Unveiling a $1.9 trillion relief package including billions in IT and cyber funding, the President-elect called on Congress to [...]
Exclusive: It takes a bot to catch a bot, says advertising chief January 12, 2021 Alongside its early challenges and uncertainty around digital ad spend, 2020 has been a big year for digital advertising as the pandemic forced businesses and consumers moved online. City A.M. spoke with Mayfair-based Nick Morley, EMEA Managing Director at online ad verification giant Integral Ad Science, which analyses the value of digital advertising placements. UK [...]
Cinema is the clear loser of the pandemic advertising economy January 6, 2021 The clear winner of the pandemic ad economy is online, driven by the huge jump in e-commerce, despite travel-related advertising being impaired by the pandemic’s international scope. According to new data from Enders Analysis, the London-based media research firm led by Claire Enders, more than half of all advertising spend last year was on digital [...]
Asian consumers, boomerang businesses and M&A likely to shape 2021 January 6, 2021 It was some year. Anyone who took on the challenge of forecasting what would happen in 2020 more than likely saw it all swiftly swept aside – but, as they say, prediction is very difficult, especially when it’s about the future. Still, investing is a forward-looking profession and so we inevitably find ourselves thinking about [...]
Excusez-moi: UK set to surge past French economy in decade to come December 27, 2020 The UK’s economy is set to remain the fifth largest in the world, according to a respected annual report, and to surge ahead of cross-channel rivals despite Brexit. The Centre for Economics and Business Research’s annual tally of the world’s leading economies sees the UK retake fifth place from India. Read more: Brexit deal lays [...]