CBDCs will dominate the future of digital payments – Credit Suisse November 15, 2021 The head of distributed ledger technology for Credit Suisse believes that digital currencies backed by central banks (CBDCs) are the future of payments. Representatives from international banks and crypto projects Bitstamp and Fireblocks debated the future of electronic payments at the Digital Asset Summit – a crypto conference held in London today. “There’s a value [...]
Bitcoin pushes back to $66k after Taproot upgrade goes live November 15, 2021 Both Bitcoin and Ethereum were trading up today after BTC's long-awaited Taproot upgrade lifted crypto out of last week's slump.
IBM and Amazon team up to help oil companies manage data as industry seeks innovations November 15, 2021 IBM and Amazon Web Services (AWS) are teaming up to provide oil companies with more tools to manage data and to share production information more efficiently. The duo has worked together to ensure oil companies can use IBM technology OpenShift to record and store oil production information. In 2018, AWS worked with Royal Dutch Shell [...]
Tall Tulip syndrome November 15, 2021 [Re: Tulip tower to wilt after Gove veto, Nov 12] On the face of it, the now rejected “Tulip” tower ticked a lot of planning boxes. In particular, it was within the “City Cluster”, the area designated by the City of London as suitable for skyscraper developments and at 305 metres tall, it would certainly [...]
Around 180,000 jobs could be lost if travel restrictions return, travel council warns November 15, 2021 Around 180,000 jobs could be lost across the UK travel and tourism sector this year if travel restrictions are re-imposed this winter. Data from the World Travel and Tourism Council (WTTC) has revealed that up to 500,000 Brits could see their job at stake if wider measures to stop the spread of Covid-19 – including [...]
Virgin Atlantic back at Gatwick after U-turn November 15, 2021 Virgin Atlantic could go back to operating from Gatwick airport from next summer after a 18-month hiatus. After being forced to leave the Sussex hub during the peak of the pandemic, the carrier has confirmed Gatwick flights will resume, the Times reported. “We maintain our ambition to rebuild our presence at Gatwick as demand returns, [...]
Cheat sheet: The sleaze scandal gripping Westminster November 15, 2021 Owen Paterson and Sir Geoffrey Cox are in good company in the sleaze scandal. For allegations of lobbying, please welcome Ruby MP Mark Pawsey, who as the chairman of a packaging lobby group has repeatedly tried to erode environmental laws. His motto? “It is not the packaging manufacturer that is the polluter – people are”. [...]
Two charts that show global supply chain issues could be starting to ease November 15, 2021 Supply chain issues that have weighed on the economic recovery are showing signs of easing as we approach the end of 2021. This could support growth, which slowed significantly in the third quarter, and provide at least a temporary tailwind for financial markets. For some time now, the global chip shortage has hampered the production [...]
UK expands eligibility for Covid-19 booster November 15, 2021 All over 40s should be offered a third dose of a Covid vaccine, according to the UK government’s vaccine advisors. The move would top up protection and help limit the spread of the virus over winter. The booster policy change follows the publication of new data from the UK Health Security Agency, which show that [...]
SFO outgunned by UK firms that spend millions more on lawyers to ‘buy impunity’ November 15, 2021 Companies under investigation by the Serious Fraud Office have spent up to ten times more than the fraudbusters on legal and investigation fees, causing major corruption cases to crash and burn, the Bureau of Investigative Journalism has found. The UK’s only complex fraud agency’s fight against economic crime is undermined by its lack of funding, [...]
