Chadwick Boseman’s captivating farewell in Ma Rainey’s Black Bottom is a career best December 21, 2020 It’s hard to write about Netflix’s new musical drama without reflecting on the passing of its star. The death of Chadwick Boseman was felt around the world, such was his impact in the seven short years since his breakthrough in sporting biopic 42. While the quality of a movie seems trivial when compared to the [...]
Temporary register buys time for crypto firms from the FCA December 21, 2020 What happened? The UK crypto scene breathed a collective sigh of relief this month as the FCA (Financial Conduct Authority) announced a temporary registration scheme for cryptoasset companies. The regulator’s announcement came just weeks before its original registration deadline of January 10, 2021. Firms that have already submitted applications which have not yet been processed, [...]
Global markets slump amid fears of mutant virus and UK border chaos December 21, 2020 The FTSE 100 and US and European stocks tumbled on Monday while the pound slumped after countries banned travel from the UK over fears of a new coronavirus strain. Adding to the gloom on markets was the impasse in post-Brexit trade talks between the UK and the EU. Rising coronavirus cases in Britain, on the [...]
Coronavirus helps Deliveroo take home profits in 2020 December 21, 2020 Deliveroo has recorded profits for six months in 2020, with coronavirus helping the business turn the tide on last year’s losses. The last 12 months have marked a year of growth for the food delivery app, following a couple of years of investment that saw losses at the business run into the hundreds of millions. [...]
PM to host press conference later as freight stacks up at border December 21, 2020 The Prime Minister will hold a Downing Street press conference later amidst ongoing chaos at the UK-France border. Despite assurances from French authorities that goods would start moving again after a ban on Brits entering the continent, lorries have begun to stack up at Dover and other ports. The Elysee announced a total ban on [...]
Sam Torrance: The golf year in review, from Superman Bryson DeChambeau to doyen of commentary Peter Alliss December 21, 2020 This has been a strange year and that has been true in golf as well. We all hope that normality can resume in every respect in 2021, and that tournaments will not have to be postponed or cancelled again. In the circumstances, the European Tour deserves great credit for putting measures in place to resume [...]
Best of 2020: Europe hurtles into decline, almost unnoticed December 21, 2020 As the year winds down, City A.M. is looking back at the columns that tell the story of our year. For a Europe that has made managing rather than solving economic crises into an art form, the time for paying the piper is fast approaching. The continent’s long-stagnating economy is perched at the edge of [...]
Retailers feel Tier 4 pain as footfall drops 40 per cent December 21, 2020 Retail footfall plunged by 40 per cent in the areas of England put under Tier 4 restrictions such as London, laying bare the impact of the restrictions on shop-owners during the crucial Christmas period. Prime Minister Boris Johnson on Saturday announced London and parts of the south and south east of England would go into [...]
Bitcoin 2021 outlook and challenges in charts December 21, 2020 2020 has been crucial for Bitcoin, we see it as the year of legitimisation for the broader public and investors, accelerated by the COVID crisis and the consequent rapid escalation of QE. Our conversations with institutional clients have changed considerably over the course of 2020, what was typically a desire to speculatively invest has now [...]
A Crypto Carol: The Ghosts of Blockchain December 21, 2020 Tis the season for crypto-mania. It’s always lovely to see all the crypto girls and boys with pound signs in their eyes huddled around their bitcoin charts waiting to see if Santa Satoshi is going to bring them another bull run before the end of 2020. And of course, the spoiled children are trying to [...]