Begone Trumpist protectionism! How Biden will boost prospects for global trade November 12, 2020 We cannot be sure on the exact order in which European leaders were contacted by the US President-elect, but we do know that Boris Johnson was among them early on, silencing the hysteria that our Prime Minister might be snubbed. Fears have abounded during this US presidential race that a Joe Biden win would result [...]
Green Bonds are misguided, counter-productive, and an investment handicap November 12, 2020 On Monday, the chancellor announced that the UK government will soon be issuing “Green Bonds”. In separate but related news, Scottish Widows will dump £400m of stocks that don’t meet Environment, Social and Governance (ESG) criteria. ESG compliance has become the first thing discussed at investment committee meetings. Everyone wants to show how green they [...]
Could ditching the office make us all poorer? November 12, 2020 While we have in many ways adjusted to life in a pandemic, the profoundly disorientating changes we’ve seen since the initial nationwide lockdown are stark. The “death of the office” narrative has persisted through the easing and then reimposing of lockdown restrictions, and while no one can predict exactly how this will play out, it [...]
Government’s digital strategy cannot be a missed opportunity November 12, 2020 Why is there no British tech titan on the scale of Google, Apple or Amazon? This is a question that has exercised the minds of those in and outside of government for some time. Many have concluded that more needs to do done if the UK is ever going to create a $1 trillion home [...]
Google searches for ‘takeaway pints’ rise 3,000% in a week November 12, 2020 Brits are missing the pub during the latest coronavirus lockdown, new research showed, as searches for reopening dates and takeaway pints rocketed during the first week of new restrictions. According to analysis of Google data, last week searches for “when can pubs reopen in England” soared 2,501 per cent. Meanwhile, the question “what pubs are [...]
Early stage VC funds play catchup with later stage peers November 12, 2020 Early stage VC firms are playing catchup and have the potential to generate higher returns than their later stage peers, according to new research. British Business Bank (BBB) research shows early stage funds have generated a pooled Distributions to Paid In (DPI) multiple – the amount paid to investors – of 1.43, 0.73 per cent [...]
The City View: Addison Lee boss Liam Griffin on London’s prospects November 11, 2020 Today Andy Silvester talks to Liam Griffin, CEO of Addison Lee. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS After a tumultuous few years, the firm remains optimistic about the capital’s prospects – but Griffin believes the capital needs more help from regulators. He also touches on taking on the firm – again – on the very [...]
Cain unable to carry on: Downing St director of comms resigns November 11, 2020 Lee Cain has resigned from his Downing Street role as director of communications under Boris Johnson. Boris Johnson’s official spokesperson James Slack will replace him, according to the BBC. A statement from Cain said: “After careful consideration I have this evening resigned as No.10 director of communications and will leave the post at the end [...]
Editorial: Those who profit in Hong Kong must speak up in its defence November 11, 2020 US President Franklin Delano Roosevelt’s four freedoms, which he promised Americans in the face of economic strife and growing authoritarianism abroad, are freedoms that this newspaper is more than happy to sign up for. Freedom of speech, freedom of worship, freedom from want, and freedom from fear? Well, they work for us. In London – [...]
How to eat well during a pandemic, from pre-mixed cocktails to Michelin home delivery November 11, 2020 Another endless week approaches its inglorious mid-season finale. But what do we have to look forward to in the barren cultural landscape of November 2020? Well, restaurants may be closed but many canny entrepreneurs have turned their empty kitchens into home delivery hubs, allowing you to feast like it’s 1999, or indeed 2019. Each week [...]