From Calais, with love: CCTV funding rows capture our migration challenge April 12, 2022 In the first five weeks of war in Ukraine, more than four million people have fled their home, according to the United Nations. The bulk of these have gone to Poland, but many are trying to find permanent homes elsewhere in Europe. Before introducing the Homes for Ukraine scheme, the UK was scrambling to process [...]
US financial inclusion fintech launches in the UK to open up immigrants’ access to credit April 12, 2022 US financial inclusion fintech Nova Credit has expanded into the UK today with plans to open up access to credit for immigrants across Europe.
Macron and Le Pen rematch over France’s global voice: in the choir or a monologue April 12, 2022 As Emmanuel Macron and Marine Le Pen prepare to face off in the final round of France’s presidential election, most French voters (like voters anywhere) will probably be thinking more about their own economic situation than events in other countries. Russia’s invasion of Ukraine may still be in the headlines, but after a month it [...]
Levelling up state administrators’ salaries won’t help us address economic inequality April 12, 2022 Last week, the Department of Levelling Up, Housing and Communities advertised for a new set of lucrative public sector jobs. As part of the “flagship” plans to ensure equal economic growth across the country, a team of 12 “levelling up directors” will receive a generous, tax-payer funded salary of up to £144,000. The job? To [...]
London firms sweat over looming inflation spike April 12, 2022 Accelerating inflation is dealing a severe blow to London businesses just as they are pushing to repair the damage inflicted on them by the Covid-19 crisis, reveals a fresh survey published today. Russia’s invasion of Ukraine has swelled businesses in the capital’s energy bills by sending oil and gas prices soaring. Over six in 10 [...]
Fake friends: Impersonation Instagram scams sky rocket by 155 per cent April 12, 2022 New data published this morning has revealed that Instagram has seen a 155 per cent spike in impersonation fraud in the past year as the scam wars continue to plague social media. According to research from Lloyds Bank, the uplift in tricksters can be contrasted with falling levels across Facebook and Snapchat, which were down [...]
UK’s audit watchdog set to reclaim control over licensing of major accountancy firms April 12, 2022 The UK’s audit watchdog is preparing to strengthen its powers to sanction Britain’s major accountancy firms. The Financial Reporting Council (FRC) is readying itself to take back control over the registration of the UK’s auditing firms, sources told the Financial Times. In doing so, the FRC would be given new powers to strip licenses from [...]
Revealed: Coinbase takes top spot in crypto exchange rankings April 11, 2022 Crypto exchange Coinbase has been crowned as the lowest risk marketplace for trading digital assets by research firm Cryptocompare.
A good time to re-assess the value of ESG investing April 11, 2022 No City earnings call, annual report, or even chief executive interview is now complete without a mention of what a firm is doing to meet its ‘ESG goals.’ At times this has bordered on the ludicrous: Terry Smith, the legendary investor, found a warm audience to his critique of Unilever attempting to define the purpose [...]
Barrister numbers plummeted during Covid-19 as earnings dropped 23 per cent April 11, 2022 The Bar Council has said urgent investment is needed to “keep the criminal justice system afloat” after publishing new data showing barristers suffered heavily during Covid-19. The total number of barristers working in full-time publicly funded positions dropped by more than 10 per cent from 2,670 in 2019-20 to 2,400 in 2020-21, the Bar Council [...]
