Klarna rolls out physical card for UK customers January 26, 2022 Klarna has announced the launch of a physical credit card for UK customers as it extends its buy-now pay-later (BNPL) products into ‘real world’ payments
City Moves: Who’s switching jobs in the Square Mile this week? January 26, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. TheCityUK TheCityUK has appointed the founder and CEO of Aquis Exchange as the inaugural chair of the industry body’s new business council. Alasdair Haynes joins the council as one of many chief executives and chairs from around 35 [...]
Calling time on Boris’ leadership could bear fruit for the Tories – if they grasp it January 26, 2022 How despondent are the Tories? One MP was beyond glum the other day. Quizzed who they’d like as leader, they replied: “We could have Arthur the bloody Great and it wouldn’t make any difference.” Labour has been cock-a-hoop as opinion polls have consistently given the party double-digit leads. But things can change. Just ask Sir [...]
Virus modellers must admit their mistakes and learn from the practice of transparency January 26, 2022 By now, we all know about the poor track record of prediction by the academic modelling teams advising the Scientific Advisory Group for Emergencies – Sage. The unreliable nature of economic projections is also evident, as analysis of the Survey of Professional Forecasters (SPF) database shows. Yet the epidemiologists could still learn from the experience [...]
The labyrinth of the Online Safety Bill could fall over on complexity before its begun January 26, 2022 The Department for Digital, Culture, Media and Sport Committee came out this week to criticise the government’s Draft Online Safety Bill, stating it is “neither clear nor robust enough to tackle certain types of illegal and harmful content”. Chair Julian Knight MP even labelled it a “missed opportunity”. As it currently stands, the bill’s duty [...]
Conservation NFTs to help fund wildlife protection efforts January 26, 2022 A British nature channel plans to harness the power of non-fungible tokens (NFTs) to protect endangered animals and their habitats.
Youth clubs face closure as government’s digital rollout look to slash rent paid to small site-owners by 90 per cent January 25, 2022 Thousands of churches, charities, social clubs, hospitals and amateur sports clubs will be forced to accept cuts of up to 90 per cent in the rent they receive from hosting mobile phone masts under government plans to make them foot the bill for digital rollout.
Playtech mulls breaking up to sell off parts if Aristocrat takeover fails January 25, 2022 Playtech is reportedly considering breaking up and selling off its operations, if the £2.7bn takeover by Australia’s Aristocrat falls through. The deal risks being blocked by a group of Asian shareholders, according to Sky News’ Mark Kleinman last night, a collective which own around a quarter of Playtech’s stock. The London-listed online gaming group sold [...]
London markets snap back from bruising day January 25, 2022 London markets snapped back from a dismal start to the week as investors were buoyed by Monday’s Wall Street rally. The capital’s premier FTSE 100 index added 1.02 per cent to reach 7,371.46 points, while the domestically-focused FTSE 250 index, which is more aligned to the health of the UK economy, climbed 0.9 per cent [...]
Whyte to follow up Sunday’s Group One win with Big Two January 25, 2022 FORMER 13-time Champion Jockey Douglas Whyte is probably still celebrating his first Group One triumph in his short career as a trainer, after Stronger caused a shock when winning the Centenary Sprint Cup at Sha Tin on Sunday. Whyte reckoned that victory gave him as much satisfaction as many of his multiple Group One winning [...]