FCA bans sales of crypto-derivatives to retail consumers October 6, 2020 The Financial Conduct Authority has announced rules banning the sale of derivatives related to certain types of crypto-assets to retail consumers. The ban will affect the sale, marketing and distribution of any derivatives – including contracts for difference, options and futures – as well as exchange traded notes that relate to unregulated cryptoassets. Read more: [...]
Breaking: Now President Trump’s Press Secretary tests positive for Covid-19 October 5, 2020 White House Press Secretary Kayleigh McEnany this afternoon tweeted that she had become the latest of President Trump’s inner circle to test positive for Covid-19. “After testing negative consistently, including every day since Thursday, I tested positive for Covid-19 on Monday morning while experiencing no symptoms,” she wrote. She confirmed that no reporters are considered [...]
In full: Rishi Sunak’s virtual Conservative conference speech October 5, 2020 Chancellor Rishi Sunak today addressed Conservative virtual conference, pledging to support entrepreneurs but warning of difficult times ahead. Here’s the full speech: “Politics is a team sport” “Being appointed Chancellor in February this year was an immense honour. Even though my first conference speech as Chancellor isn’t quite how I expected it to be, it [...]
Own goal? Arsenal make mascot Gunnersaurus redundant October 5, 2020 Arsenal have made Gunnersaurus, arguably the world’s most famous football mascot, redundant as part of a cost-cutting drive. First reported by The Athletic, the move will see Jerry Quy – who has donned the mascot’s costume since 1993 – leave the Emirates Stadium. Quy was a part-time member of staff and does not count as [...]
Overnight: Trump in hospital as Boris says Brits got “complacent” October 2, 2020 US President Donald Trump was taken to hospital late on Friday night less than 24 hours after testing positive for Covid-19. A statement from the White House said that “out of an abundance of caution” the President had been moved to Walter Reed Military Medical Centre. CBS News reported the President was suffering from a [...]
Covid & the City: Guildhall Yard to become testing centre October 2, 2020 A temporary coronavirus testing centre will be established in the historic heart of the Guildhall, the City of London announced today. Guildhall Yard will house a temporary testing centre, to be installed next week, for an initial period of three months. The Guildhall serves today as the City Corporation’s headquarters, with the building tracing its [...]
Coffee expert Martin Hudak spills the beans on the future of caffeinated liqueurs October 1, 2020 This week saw International Coffee Day – a celebration of all things caffeinated. We sat down with Martin Hudak, a global coffee expert and ambassador for coffee experts Mr Black Roasters and Distillers. Martin started his career in London at the American Bar at the Savoy, and hasn’t looked back. Tell us about you and [...]
Prem clubs ‘trade deficit’ hits £781m as critics of Covid-19 response mount September 29, 2020 Premier League clubs spent £781m more on bringing players into the league in 2019/20 than they received for selling players abroad, a new report reveals. The twenty top English clubs spent a record £1.61bn in the season just gone on incoming players from other leagues, but clubs brought in only £829m. Read more: Real and [...]
Women in finance body launches major research project September 11, 2020 A major new research project will explore the barriers to female progression in financial industries, it was announced today. The four-year programme, conducted by the London School of Economics and The Wisdom Council, will first identify why women continue to be under-represented at senior levels in the City and Canary Wharf. The second part of [...]
Businesses label Google and Facebook as among biggest threats to advertising September 8, 2020 More than a quarter of advertising industry leaders think tech giants such as Google, Facebook and Amazon are among the biggest long-term threats to the sector. The ongoing coronavirus pandemic poses the most harm to the industry, according to a survey by LiveRamp and YouGov, as over a third of leaders said they were concerned [...]