Test and trace app prevented 600,000 Covid-19 cases February 9, 2021 The Covid-19 app has prevented about 600,000 cases of coronavirus, the government has said. The app has also told 1.7 million people in England and Wales to self-isolate at home, according to reports. According to the latest coronavirus figures, 3,959,784 people in the United Kingdom have tested positive for coronavirus. A further 14,104 tested positive [...]
What Euro 2020 in a Covid-19 world will look like for football fans, sponsors and broadcasters February 9, 2021 Euro 2020 is scheduled to take place across 12 European cities in June and Covid-19 will mean changes to the way major sporting events operate. Hygiene protocols, new technology solutions and fan behaviours will emerge that present both challenges and opportunities for brands and rights holders. Safety is paramount Any British fans who do physically [...]
What is Clubhouse? The $1bn app loved by Elon Musk and Mark Zuckerberg February 9, 2021 Elon Musk knows how to send markets into a tizzy, with his tweets about bitcoin and dogecoin sending prices skyrocketing. Now invite-only audio app Clubhouse is the latest craze to feel the Elon effect. At the end of last month Musk made his first appearance on the audio app with Robinhood’s chief executive. The stream maxed [...]
BoE boss Andrew Bailey denies responsibility for London Capital & Finance collapse February 9, 2021 Bank of England boss Andrew Bailey has hit out at allegations that he was not quick enough to reform the Financial Conduct Authority (FCA) before the collapse of London Capital & Finance (LCF). Bailey, who was chief executive of the FCA when the mini-bond firm collapsed in 2019, said the regulator had been a “broken [...]
Electronic trading surges with traders eyeing the impact of machine learning February 9, 2021 Professional traders are anticipating artificial intelligence and machine learning to be the most influential technology over the next three years. JP Morgan’s flagship survey reveals more than half of professional and institutional traders anticipate machine learning to lead technology. Currently a third of client traders predict mobile trading applications to be the most influential this [...]
Back to basics: Three ‘Rs’ can revive the High Street February 9, 2021 The news this week that Asos has bought Topshop, Topman and Miss Selfridge from the failed Arcadia group is the latest evidence of the rapidly increasing dominance of younger online retailers over the traditional bricks-and-mortar fashion stores. The deal comes hot on the heels of Boohoo agreeing to pay £55m for the Debenhams brand last week. And [...]
Is central London finished? International investors think otherwise February 9, 2021 It is a strange experience going into central London right now. Areas that are normally bustling with crowds or chaotic with commuters lie still – even Pret A Manger has reduced its menu and opening times. Those who live outside of Zone 1 and for whom memories of maroon coffee cups, the underground and the [...]
DAY 1: Tech entrepreneur Mike Lynch fights extradition to the US February 9, 2021 British tech entrepreneur Mike Lynch began earlier today his fight against his extradition, slamming the US for “overreaching” and saying the UK authorities could prosecute the alleged fraud. Alex Bailin QC, for Lynch, said the US Department of Justice (DoJ) is “not the global marshall of the corporate world”, as he launched the former Autonomy [...]
Government to require repeated Covid tests for all incoming passengers – report February 8, 2021 All passengers arriving in the UK are set to be tested for coronavirus on days two and eight of self-isolation as part of new rules. The government only introduced mandatory testing last month, nearly a year after the first coronavirus cases were recorded in Britain. All arrivals must have a negative test within the past [...]
Crypto exchanges glitch on bitcoin bounce after Tesla’s $1.5bn investment February 8, 2021 Cryptocurrency exchanges were battling technical issues this evening as trading volumes soared following the announcement that Elon Musk’s Tesla had invested $1.5bn in bitcoin. The electric carmaker said it had bought Bitcoin for “more flexibility to further diversify and maximise returns on our cash.” Elon Musk’s company added it may invest a future portion of [...]
