Will rapid delivery apps maintain post-pandemic momentum? June 12, 2021 Since the pandemic began, a slurry of quick delivery apps have emerged with the same promise to deliver food within 30 minutes, while the pandemic made supermarkets an even more costly chore. The pandemic pushed the pedal on rapid delivery apps like Weezy, Dija, Getir and Gorillas – a sector where a huge amount of [...]
London Ambulance Service lead’s admit it has ‘a long way to go’ on discrimination June 11, 2021 The London Ambulance Service has “a long way to go” to make sure its black and ethnic minority staff are not discriminated against, LAS leaders said today. LAS chairman Heather Lawrence said the organisation, where nearly one in five staff are from minority communities, is “not delivering” on fair treatment. Lawrence’s comments follow a workforce survey [...]
BoE and BIS launch London banking hub for post-pandemic tech boom June 11, 2021 The Bank of England (BoE) and Bank for International Settlements (BIS) have launched a London coordination hub today, that seeks to coordinate central banks on technological innovation. The BIS Innovation Hub London Centre, the fourth new BIS Innovation Hub in two years, will help banks in the era of digital acceleration post-pandemic. “The UK is [...]
Sanne Group and Cinven enter talks after £1.42bn bid June 11, 2021 London’s Sanne Group has entered into talks with Cinven after the private equity firm made a sweetened offer of £1.42bn to buy the asset management services provider. The asset services firm’s board confirmed this morning that it has received a fifth proposal from Cinven, which includes a possible all cash offer at a price of [...]
Exclusive: Government says return to the office is up to ‘personal discretion’ when restrictions ease June 11, 2021 A government minister has told City A.M. it will be up to “personal discretion” whether businesses return to the office after 21 June, as it remains unclear if the ‘work from home’ message will be scrapped as originally planned. Small business minister Paul Scully said that “personal discretion is the key thing” when it comes [...]
£333m Brexit deal: UK agrees annual fishing quotas with EU June 10, 2021 The UK has today agreed its annual catch limits for the fishing industry with the EU, in a deal which the government said was worth £333m. As a result of leaving the bloc, Britain will have to renegotiate its fishing quotas independently every year. UK fisherman will be able to catch around 160,000 tonnes of [...]
London Calling: Why we back the City June 10, 2021 | Sponsored London remains one of the preeminent financial centres of the world. For some this statement is an outdated notion which forgets the turmoil of recent years. Brexit, relatively unstable governments, and the pandemic have all contributed to a misplaced sense of decline. However, for all the drama of the past few years, if you step [...]
UK competition watchdog ‘to probe Amazon buy box’ June 10, 2021 The UK’s Competition and Markets Authority is planning to formally investigate competition at Amazon, according to reports this morning. The investigation comes amid a similar ongoing one by the EU into Amazon. The UK competition watchdog, which has been analysing the online retailer for months, has focused on how Amazon uses data collected on its [...]
Exclusive: ‘Allow yourself to f*** up once in a while’, says Speak2Impact founder and TED talk writer Susie Ashfield June 9, 2021 Susie Ashfield started out as the voice of middle-class products on day time television; everything from Channing Tatum’s latest blockbuster to Jersey Royal Potatoes. Alongside her voiceover work, she worked as an insurance broker in the City, managing a portfolio of high-net-worth individuals, including celebrities and business high flyers. Seeing a gap in the market [...]
Surge testing deployed in Kingston to combat Delta variant June 9, 2021 Surge testing has begun in Kingston today to combat rising cases of the Delta variant, with those older than 11 advised to get tested even without symptoms. NHS Test and Trace has teamed up with local authorities to launch the additional testing and genomic sequencing in the area. A small number of confirmed cases of [...]