Banking’s got talent? Digital disrupts the City’s skills requirements June 24, 2021 The world of financial services is changing fast, with the trend towards digital provision accelerated by the Covid-19 pandemic. From the growing use of mobile banking to the surging interest in fields such as artificial intelligence (AI), technology’s transformative impact has all sorts of consequences. One of those is on the evolving mix of skills [...]
eBay to sell majority stake in South Korean branch to E-Mart for $3bn June 24, 2021 Online marketplace giant eBay is set to sell a majority stake in its South Korean branch to retailer E-Mart for $3bn. The deal forms part of a string of asset sales, with the UK’s competition watchdog clearing eBay’s $9.2bn sale of its classified ads business to Norwegian rival Adevinta earlier this month. South Korean E-Mart, part [...]
Ground breaking scheme rating COVID-19 safety expanded to all City businesses June 24, 2021 A pioneering scheme assessing business’ COVID-19 safety measures has been expanded to cover all City companies. The accreditation scheme, which was set up in September last year as a pilot, was the first of its kind launched by a UK governing body. Following its initial success, it was relaunched in April, to promote public confidence in [...]
Presidents, senators and bright shiny Bitcoins June 24, 2021 Both Bitcoin and Ethereum are currently down about three per cent over the last 24 hours, with BTC changing hands for around $33k.
Loki episode 3 review – two of a kind at the end of the world June 24, 2021 *** WARNING: This article contains spoilers for all current episodes of Loki and some of the Marvel Cinematic Universe *** Last week’s episode of Loki featured a lot of Mobius (Owen Wilson) and Loki (Tom Hiddleston) sharing detective theories and life philosophies. It ended with a supermarket chase and the reveal of The Variant/Lady Loki [...]
Number of Brits on furlough falls to record low of 1.5m as job adverts rise June 24, 2021 The number of Brits on furlough in early June fell to its lowest since the start of the pandemic as easing Covid restrictions allowed most businesses to reopen. Six per cent of staff, or around 1.5m people, are still on furlough, a large drop from the 3.4m who used the scheme across March and April. [...]
Advertisers ‘dismayed’ as UK pushes ahead with junk food ad ban June 24, 2021 The UK advertising industry has reacted with fury after the government confirmed it will push ahead with a ban on junk food adverts. Adverts for foods high in fat, salt and sugar (HFSS) will be banned on TV before 9pm while tighter restrictions will be placed on online promotions under new rules set to come [...]
City looks to Bank of England for clues on inflation battle plan June 24, 2021 City looks to Bank of England for clues on inflation battle plan
UK Navy boasts ‘battle winning’ drone, day after Ukraine defence deal June 24, 2021 The Royal Navy has today boasted how its new drone, which can monitor an area larger than Greater Manchester, has come ‘leaps and bounds’ during ‘amphibious assaults’. Testing the airborne surveillance, known as Puma, in the Baltic and the North Sea, lieutenant Ash Loftus and Puma flight commander said the Navy’s tech is advancing into [...]
Kate Middleton’s favourite maternity brand gears up for £61m IPO June 24, 2021 Seraphine, known for being Kate Middleton’s go-to maternity brand, is gearing up for a £61m float on the London Stock Exchange. The group, which will float on the main market of the LSE and is expected to IPO next month, intends to use approximately £16m of proceeds to repay its existing term loan and to [...]