Become your own bank: Crypto and self-sovereignty July 21, 2021 Financial experts with Zumo explain the concept of self-sovereignty and how to be your own bank.
NatWest chairman warns City will never return to pre-Covid state July 21, 2021 The chairman of one of the UK’s largest banks and former director of the London School of Economics has warned that the City will never return to its pre-Covid state. Sir Howard Davies, chairman of NatWest, said the days of thousands of workers flowing into the City for 8am – 6pm working days “are gone” [...]
Daimler warns chip shortage will wipe out first half sales boost July 21, 2021 Mercedes owner Daimler today warned that the global shortage of semiconductor chips would wipe out its impressive first half performance. In a statement announcing today’s second quarter results, the car giant said that sales would now be flat on 2020, rather than up as previously forecast. The German firm added that the supply crisis would [...]
Over half of female workers have experienced stress or depression since pandemic July 21, 2021 55 percent of female finance workers have suffered stress, anxiety or depression since the pandemic, according to new data shared d with City A.M. today. This compares to 39 percent of male workers, while the data showed that 52 per cent of females felt confident talking about this to their manager at work, compared with [...]
‘We cannot go on as we are’: UK outlines proposed changes to Northern Ireland Protocol July 21, 2021 The UK has today outlined proposed changes to the post-Brexit Northern Ireland Protocol, with a cabinet minister saying that “we cannot go on as we are”. The move is set to ignite a furious row with the EU, with one of its top officials saying there is no room for renegotiation of the protocol. Northern [...]
Oil prices extend recovery to offset heavy losses July 21, 2021 Oil prices extended their recovery into Wednesday after absorbing heavy losses at the beginning of the week. Global benchmarks WTI and Brent Crude added 1.24 per cent and 1.34 per cent respectively. Read more: Oil prices plummet after Opec+ end deadlock The rise has helped offset falls resulting from a sharp selloff on Monday which [...]
Editorial: Boris Johnson’s Government desperately needs a reset to avoid giving credence to Cummings’ claims July 21, 2021 Had you considered so doing before, it now seems unlikely Dominic Cummings would make the cut for a “dream dinner party” list. Your other guests wouldn’t get a word in edge-ways. In his hour-long interview aired on the BBC last night, the Prime Minister’s former adviser was half score-settling and half self-justification, delivering a vicious [...]
Keir Starmer calls for clarity over which businesses can get self-isolation exemption July 21, 2021 Labour leader Sir Keir Starmer has called for clarity over which businesses can get an exemption to the government’s self-isolation rules. Downing Street yesterday said some businesses in vital industries can apply to have their staff exempt from self-isolating when pinged by the NHS Track and Trace app. It comes as more than 1m people [...]
Bank of England Andrew Bailey concedes shortcomings in diversity July 21, 2021 Governor Andrew Bailey has promised to do more to address systemic racial inequality after a review found “material disparities” persist at the Bank of England. Staff from ethnic minority backgrounds were less likely to be promoted, received smaller bonuses and were afforded fewer opportunities for career development and progression than their white colleagues, according to the [...]
Ashurst’s equity profit bounces back to £1m per partner July 21, 2021 London-based law firm Ashurst has seen their equity per partner profit total to more than £1m in the previous 12 months from April 30. After five consecutive years of revenue growth the company has seen a 15 per cent growth in their partner profit over the year. Revenue for the company was also up 10per [...]
