The City’s Big Bang 2.0 might well be green-powered February 2, 2021 In the Chancellor’s recent interview with City AM, Sunak said he was confident that Brexit could lead to a new wave of innovation in the City of London and the UK seeing a ‘Big Bang 2.0’. Unfortunately, most of the commentary on business and Brexit has been around the traditional tropes of cutting red tape. [...]
Not another one: How to make video calling more productive (and more interesting) February 2, 2021 As the UK approaches the end of its first month of the latest lockdown, our experiences of working, studying and teaching from home are showing serious signs of fatigue. We are finding ourselves sitting in front of a webcam for the majority of our days, and whether we’re joining virtual business meetings, teaching, or hosting [...]
Amazon earnings: What to expect amid a record-breaking tech boom February 1, 2021 Amazon enjoyed a stellar 2020, so all eyes will be on the ecommerce giant tomorrow night as it reports earnings for the final quarter of the year. Apple last week kicked off tech earnings season with bumper revenue of $111.4 (£81.5bn) — its best ever quarter, while Facebook also beat expectations. Amazon is also expected [...]
Sadiq Khan: London needs post-war plan for Covid recovery February 1, 2021 A post-war-style programme is needed to breathe life back into London following the Covid-19 pandemic, mayor Sadiq Khan said today. The mayor said the government had to accept that London was the “country’s biggest asset”, adding that “ministers can’t take for granted that once restrictions are lifted things will simply return to normal”. He called [...]
George Osborne takes up full-time banking role at Robey Warshaw February 1, 2021 George Osborne is joining boutique investment bank Robey Warshaw, as he shuns a portfolio of wide-ranging roles to become a full-time mergers and acquisitions banker. The former chancellor will step down from his current roles as editor-in-chief of the Evening Standard and a senior advisor to Blackrock at the end of March, taking up a [...]
Monkey business: Elon Musk has wired up a monkey to play video games with its mind February 1, 2021 Eccentric biliionaire and boss of Tesla and SpaceX Elon Musk can claim another first after he told an audience his company Neuralink has wired up a monkey's brain to " play video games with his mind"
Robinhood raises $2.4bn in second cash injection as Reddit investors overwhelm app February 1, 2021 Robinhood has raised another $2.4bn from its shareholders after a turbulent week amid a surge of new investors piling into Gamestop. The online trading app today confirmed it had raised $3.4bn to invest in “record customer growth” including a $1bn injection on 29 January. Last week Reddit day traders flocked to Gamestop lifting its share [...]
The UK has applied to join the CPTPP trading bloc – but what is it? February 1, 2021 The UK government last week formally applied to join the 11-country Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trading bloc, ushering in a new post-Brexit era. International trade secretary Liz Truss told the BBC yesterday that a potential entry into the bloc would secure “future growth” as the UK would move closer to developing, [...]
PwC’s new leader of FS: ‘The outcome of Brexit on financial services is still unknown’ February 1, 2021 Last month Isabelle Jenkins was named the new leader of financial services at PwC UK, after spending 17 years as a partner at the firm. Jenkins replaced Andrew Kail, who held the role over the last four and a half years. In her first interview as leader of financial services at the Big Four firm, [...]
Nearly a million people receive first dose of vaccine over the weekend February 1, 2021 Nearly a million people were vaccinated over the weekend bringing the total number of first dose jabs administered to 9.2m. In a Downing Street briefing, health secretary Matt Hancock confirmed 931,204 first dose jabs were administered over the weekend. Almost 9 in 10 of all over-80s have now received the jab and as of today [...]
