A ‘policy light’ spending review must still grapple with cost of living woes March 22, 2022 Chancellor Rishi Sunak wants onlookers to pay little attention to Wednesday’s spring statement. Policy-light has been the line from the Treasury. Very few have been tempted into believing the Chancellor will sit on his hands and Sunak’s announcements tomorrow are set to finally reveal his true preference for the level of state intervention in the [...]
Government launches new body to make UK telecoms innovation leader March 22, 2022 The government announced this morning that it will be creating a new body to make the UK "a world-leading centre for telecoms innovation".
UK watchdog slaps crypto industry with warning over ads March 22, 2022 The UK's advertising watchdog has fired a warning shot at the crypto industry amid a crackdown on misleading financial promotions.
A football regulator would ignore the pleas of fans and favour finance over emotion March 22, 2022 Is English football in crisis? Is the game at the edge of a precipice? That’s the view of the report of the Fan Led Review of Football Governance, published last November. The proposed solution is a new regulator with wide ranging powers to license and regulate football clubs in the top tiers of the game. [...]
Exclusive: Why venture capital terms sheets can be fatal for any scaleup March 22, 2022 The moment an entrepreneur gets that email from a prospective VC with a term sheet – when a business moves into the next growth stage – excitement kicks in. However, many founders make one crucial mistake, namely not to interrogate their terms sheet in a lot more detail than they were expecting to. For many [...]
London-based fintech for farmers bags funding injection March 22, 2022 A London-based fintech for farmers has bagged £12m funding today as it looks to accelerate the roll out of its livestock data platform into the US and Australia.
Home-working dampens London firms’ recruitment plans March 22, 2022 A rise in hybrid working is dampening London firms’ recruitment plans, reveals a fresh survey released today. A net 31 per cent of businesses in the capital intend to scale up their workforce, down sharply from 42 per cent, according to a closely watched survey by ManpowerGroup. Greater use of remote working practices and a [...]
Without private investment, the housing crisis will keep spiralling out of our hands March 22, 2022 In the UK there is a chronic shortage of new homes and a lack of capital to invest in making our existing housing more sustainable. Politicians and policymakers have been plagued by this in the UK and across the globe for years, if not decades. The government has an ambitious target of 300,000 new homes [...]
Exclusive: Seraphim Space posts UK Finance chairman to board March 22, 2022 Seraphim Space has lured in a new City veteran, City A.M. can reveal today, as the chairman of UK Finance steps onto the space capital firm’s board as a senior advisor. Bob Wigley, formerly chairman of Merrill Lynch – now Bank of America – for Europe, the Middle East and Africa, will maintain his role [...]
Experts call for “step change” in EV infrastructure roll out March 22, 2022 Electric vehicle (EV) infrastructure’s roll out needs a “step change”, industry experts warned today. In report published today by EV infrastructure company Connected Kerb, experts from EY, Motability and UKPN outlined that growing demand is not met by a similar roll out of infrastructure. While EV registrations went up 154 per cent of 2021 levels, [...]
