Drift to office slows as workers put off by Covid concerns October 26, 2021 A return to the office has appeared to have stalled as London’s office hubs marked a drop in footfall last week. Retail experts Springboard found that footfall declined by 4.2 per cent in areas in central London dominated by offices in the week beginning October 17. The ‘Back to the Office’ benchmark metric suggests that [...]
Covid passports could cost venues up to £2bn in lost turnover October 26, 2021 Vaccine passports could drive Covid infections if people are more inclined to visit poorly ventilated pubs instead of larger venues, according to a leaked government impact assessment. Concerns about the policy – recently adopted in Scotland- are set out in a report written by the Department of Digital, Culture, Media and Sport [DCMS] and seen [...]
File-sharing platform WeTransfer shows strong third-quarter as workforce remains remote October 26, 2021 WeTransfer reports a strong third-quarter, as clients remain digital and remote.
Opinion-in-brief: Legislation won’t solve the Facebook problem October 26, 2021 Whistleblower Frances Haugen has revealed troubling details about Facebook’s algorithms and how they foster a polarised environment. While there is a compelling moral case for regulating these harms, legislation will not solve the problem.Facebook already prohibits a wide range of content that is legal but offensive to users. The company uses algorithms to sort through [...]
Strong earnings lift sentiment and boost London markets October 26, 2021 A string of strong corporate earnings boosted investor sentiment and lifted London markets this morning. The capital’s premier FTSE 100 index climbed 0.75 per cent to 7,277.19 points, while the mid-cap FTSE 250 rose by the same amount to hit 23,113.57 points. More to follow.
Orange hit by lower returns from co-financing deals October 26, 2021 French telecoms operator Orange's quarterly profit was hit by lower returns from co-financing deals to deploy networks.
Plan B Covid restrictions would cost UK economy up to £18bn, says leaked report October 26, 2021 The economy will take a hit of up to £18bn if Boris Johnson implements his Plan B Covid restrictions over winter, according to a leaked government report. The Cabinet Office estimates the restrictions – which would see the government tell people to work from home and implement mandatory face masks and vaccine passports – would [...]
Letters: making it through the winter October 26, 2021 [Re: Budget 2021] We still need to see strong support for the nation’s 6 million small businesses coming through in the Chancellor’s Autumn Statement. There has been unprecedented support, yes, but withdrawing this now, all at once, would be a potentially damaging mistake. Firms face a tough combination of higher supply chain costs, higher energy [...]
The power of inspirational leadership October 26, 2021 The CA Summit sponsored by Markel Tax returned for an event split across three days starting on 5 October, which brought together the brightest minds from the worlds of finance, academia, and the technology industry to deliver a series of challenging, thought-provoking and truly motivational seminars to inspire ICAS Members around the globe. Power to the people [...]
Photo hoarding carries higher carbon cost than international flights October 26, 2021 New research today reveals Britons' hidden dirty data habits, with the nation’s trigger-happy social snappers contributing over 355,000 tonnes of CO2 every year through unwanted pics alone: the equivalent to the entire population of Chelmsford flying to Australia and back