Editorial: Turning discrimination into diversity isn’t just social justice October 29, 2021 Yesterday, we published the (long overdue) news that the Waterloo and City line is set to return to a full weekday service by the end of next month. It’s not before time, and it’s a wonderful marker of the Square Mile’s nascent recovery from the pandemic. All around the capital are signs of life returning [...]
More shame than a name: Will the real Mark Zuckerberg please stand up? October 29, 2021 What’s in a name? asks a star-crossed lover. The answer, she discovers, is everything. The tragedy of Romeo and Juliet is the realisation that neither can escape the fate dictated by their two names: Montague and Capulet. In Silicon Valley, one firm has alighted on a similar problem. Facebook’s leadership has realised, at last, that [...]
Glencore full year earnings forecast to surpass $3.2bn, says mining giant boss – CityAM : CityAM October 29, 2021 Glencore has lifted its full year adjusted earnings forecast to exceed $3.2bn, the mining giant’s CEO Gary Nagle said in the firm’s third quarter production update. It follows Glencore’s recovery from reduced production as global energy markets have begun to rebalance amid soaring cost inflation. “The asset base has largely performed in line with our [...]
A new dawn of cryptocurrency is forcing us to re-evaluate our faith in our institutions of state October 29, 2021 Talking about a revolution, as Tracy Chapman reminded us, isn’t new. For many years, many have. But we only ever know we’ve lived through when we look back. Today, the writing is on the walls for a moment of fundamental change. Over the last week we’ve seen Bitcoin and Ethereum hit historic highs while take [...]
Kudzai Zendera CA: ‘I’m proud of my heritage, my uniqueness and my willingness to stand up for what I believe in’ October 29, 2021 Kudzai Zendera CA discusses racial equality in the workplace and what he is ‘Proud to Be’. What was life like growing up for you? I was born and raised in London, but moved to Zimbabwe at the age of 12, along with my two brothers. The move was in part for us to understand the [...]
Small islands will be washed away unless they harness a greener off-shore finance October 29, 2021 Climate change is already being felt across the world with extreme weather events causing food insecurity, conflict and forced migration in places as diverse as the Middle East, Latin America and the Arctic. As world leaders gather in Glasgow for Cop26 next week, there are some for whom the outcome could literally be a question [...]
Green steam vs the big smog: London’s green jobs to double to 600,000 by 2030 – CityAM : CityAM October 29, 2021 The UK’s push for net zero will double the number of green jobs in London to 600,000 by 2030, according to new research. The findings, by WPI Economics and the Institute for Employment Studies and commissioned by Central London Forward, Local London, South London Partnership and West London Alliance, also revealed that the capital’s green [...]
Confidence in property market goes up despite end of Stamp Duty holiday October 29, 2021 UK buyers are increasingly becoming more positive when it comes to the property market, despite the Stamp Duty holiday coming to an end at the end of last month. Data from OnTheMarket’s property sentiment index revealed that, within the next three months, 74 per cent of active UK buyers firmly believed they would buy a [...]
The party’s over: Pub bosses warn pint prices will rise despite Budget promises October 28, 2021 A major pub boss has swiftly ended the party for cheaper pints, warning prices could creep up by 25p to 30p in spite of the 3p price cut promised by ‘fizzy Rishi’ in Wednesday’s Budget. Speaking to BBC’s Today Programme, Shepherd Neame chief executive Jonathan Neame, whose brewery runs 300 pubs across the South East, [...]
Apple results: Shares dive after tech giant misses expectations October 28, 2021 Apple saw record revenues of $83.4bn (£60bn) in the three months to September but a failure to live up to analyst expectations saw the firm’s shares plummet five per cent almost immediately. Revenues, though up 29 per cent year on year, were around a billion-dollars shy of Wall Street’s consensus expectations of $85bn, with earnings-per-share [...]