New Thames Estuary development plan could add £115bn to UK economy July 21, 2020 The Thames Estuary growth board has today launched a new development initiative that could add up to £115bn to the UK economy. Named the “Green Blue”, the scheme comprises 30 individual projects in the south-east, with the potential to create 1.5m jobs. These include infrastructure developments such as the Lower Thames Crossing, as well as [...]
Robinhood cancels launch of its investing app in the UK July 21, 2020 Commission-free stock trading app Robinhood has postponed its UK launch indefinitely. The tech giant told people signed up to its UK waiting list that it had paused its expansion ambitions to focus primarily on its home market in the US. It follows a City A.M. scoop last month which revealed Robinhood had pushed back the [...]
McDonald’s to open 700 restaurants for dine-in from tomorrow July 21, 2020 McDonald’s is preparing to reopen hundreds of UK restaurants for dine-in customers for the first time since the coronavirus lockdown began in March. The fast food chain said 700 UK branches will reopen from tomorrow following successful pilots. Ramped up social distancing measures will be in place and diners will also be required to leave [...]
Taxi and private hire drivers to undergo criminal record checks every six months July 21, 2020 Taxi and private hire drivers will have to undergo criminal record checks every six months as part of a suite of new measures to protect passengers. Under new licensing standards introduced today by the government, drivers will also be given safeguarding training so they can help passengers being exploited or abused. In addition, the standards [...]
Cryptoforhealth Twitter Scam exposes the benefits of cryptocurrency, not the flaws July 21, 2020 Bitcoin tends to get a bad wrap and has ever since its inception. It’s a useful headline for the media, doom mongers and legacy protectors that always have a go. The truth is that the scale of this activity in the cryptocurrency space pales in significance compared to the multi billion dollars scammed everyday from [...]
Social licence: How financial markets can switch focus and help solve humanity’s greatest challenges July 21, 2020 If there was ever any question as to whether we value human life more than money, the coronavirus pandemic has surely answered it. The protection of ordinary people, in this country and indeed in almost every country in the world, has come at an extraordinary economic cost. Yet only a minority of people have dared [...]
Soundcloud founders launch e-bike subscription service July 21, 2020 The former founders of Soundcloud have launched an e-bike subscription service, backed by European investors. The service, Dance, is co-founded by Soundcloud founders Eric Quidenus-Wahlforss and Alexander Ljung, together with the co-founder of website builder Jimdo, Christian Springub. Quidenus-Wahlforss and Ljung are known for co-founding Soundcloud as chief technical officer and chief executive respectively. Quidenus-Wahlforss [...]
Russia report: Russian influence in UK politics is ‘new normal’ July 21, 2020 Russian influence in UK politics has been described as the “new normal” in Westminster’s Intelligence and Security Committee (ISC)’s long-awaited Russia report. The report said that successive governments “welcomed the oligarchs and their money with open arms, providing them with a means of recycling illicit finance through the London ‘laundromat’” and “connections at the highest [...]
RBS tells 50,000 employees to work from home until next year July 21, 2020 Royal Bank of Scotland has reportedly told more than 50,000 staff to work from home until 2021. It comes after Prime Minister Boris Johnson announced the government’s advice to work from home would be dropped next month in a bid to stimulate the economy. He said employers would have “more discretion” about where staff should [...]
Hydrogen holds the keys to unlocking a zero carbon future July 21, 2020 Today, we should have been celebrating the opening ceremony of the Tokyo 2020 Olympic Games. Following their postponement to 2021, the Games will make history for being the first Olympiad to take place outside of the four year cycle since the modern Olympics began in Athens in 1896. They will also make history for another [...]
