City Moves: Who’s switching jobs in the Square Mile today? November 10, 2021 Deloitte Deloitte has posted a new partner to its financial advisory practice, who is set to head real estate mergers and acquisitions (M&A) for the sector. Bringing 17 years experience in M&A and principal investments to the position, Abhishek Jaiswal joins the Big Four firm from Bank of America where he was a lead real [...]
You Meta believe it: we need to figure out how to regulate the metaverse before we’re inside it November 10, 2021 The metaverse has been on everyone’s lips after Mark Zuckerberg announced the rebranding of Facebook, now made fresh into Meta. “All of our products, including our apps, now share a new vision: to help bring the metaverse to life”, said Zuckerberg in his melodramatic Founder’s letter. Almost two weeks have gone by since the announcement, [...]
Meta exec: Interacting in (not on) the internet will transform our society November 10, 2021 There’s a poster on the wall of our offices which asks the question “What would you do if you weren’t afraid?” It’s a brilliant question which encourages us to think bravely and confidently about the future. Last month, Mark Zuckerberg took to the stage virtually at Facebook’s annual conference to answer that question. He unveiled [...]
Chelsea top buyer market amid stock lows November 10, 2021 Chelsea is the top buyer market at the moment as the country continues to experience a historic low of property stock. Around just one in every ten Chelsea properties for sale are marked as sold subject to contract, according to Rightmove. Seven out of the top ten buyer markets are all in London, while the [...]
Britons squeamish to spend their savings are jeopardising our economic recovery November 10, 2021 The economic recovery is under threat. British consumers are saving and not spending. The Office for Budget Responsibility (OBR) estimates that during lockdown, households accumulated a massive £180bn of so-called “excess savings”. Earlier in the year, most economic forecasts assumed that these would be run down. Lockdown had constrained people’s normal behaviour and with the [...]
EV set to remain a luxury for the rich without incentives, warns Auto Trader November 10, 2021 British automotive marketplace Auto Trader has argued that without targeted incentives for the mass adoption of electric vehicles (EV), net-zero cars will remain an exclusive prerogative of the rich. Data from Auto Trader has revealed that interest in EV is coming mainly from wealthier postcodes, as six of the top 10 EV hotspots are in [...]
If billionaires can decide to pay tax with a Twitter poll, something is badly wrong November 10, 2021 There’s something darkly amusing about one of the richest men in the world using Twitter to poll his 60 million followers about whether he should pay tax. It wasn’t just the flippant way Tesla’s Elon Musk (@edgeLorde) asked his followers to vote on whether he should sell $21bn of stock and in doing so pay [...]
UK data on emissions must be improved to meet net zero target, says IT industry leads November 10, 2021 Data on emissions must be improved to meet the UK’s net zero target, the IT industry has urged. More than 70 per cent of technology experts lack confidence that key policymakers and departments have access to the right data, a survey by BCS, the Chartered Institute for IT has revealed. The data needs to be [...]
Majority of public charging points take eight hours to charge, say Lib Dems November 10, 2021 Data from an analysis by the Liberal Democrats have revealed that 80 per cent of public charging points for electric vehicles would take up to eight hours to charge a small car. According to the party despite the UK Government’s promises to increase the numbers, in the last three months out of 1,553 chargers installed [...]
DoubleVerify buys analytics firm OpenSlate for £110m November 9, 2021 DoubleVerify, a leading software platform, is set to acquire OpenSlate, a pre-campaign contextual targeting platform, for $150m (£110m) in a cash and stock transaction.