We need a carbon border tax to get Britain to net zero March 17, 2020 Later this year, the eyes of the world will be on the UK as it hosts COP26. While delegates won’t convene at the UN’s annual climate change conference until mid-November, the government needs to consider now how it can showcase leadership on climate action. The UK starts from a position of strength. In 2019, it [...]
City Moves for 17 March — Who’s switching jobs at Docusign DMH Stallard and Moneycorp? March 17, 2020 Docusign Agreement cloud company Docusign has announced the appointment of Rob Giglio as its new chief marketing operator (CMO). Rob previously spent 10 years with Adobe, where he helped architect the growth strategy for Adobe’s self-service cloud business and oversaw significant international expansion in his role as senior vice president of sale. As CMO, Rob [...]
Transferwise partners with Alipay as it targets expansion into China March 17, 2020 Transferwise has teamed up with Chinese payment platform Alipay to offer its users money transfers to China, as the London-based payments company moves to expand into the lucrative market. Under the partnership, Transferwise’s users will be able to send Chinese yuan from 17 currencies to users of Alipay, a subsidiary of e-commerce giant Alibaba. Alipay [...]
British stars drive UK record label revenue to fresh high of £1.1bn March 17, 2020 Revenue for UK record labels rose to just under £1.1bn last year, driven by the continued growth of streaming and investment in new music. The figures mark the fourth consecutive year of growth and is the highest level of annual trade income in more than a decade. Streaming income — driven by popular subscription services [...]
Government announces plans to ensure new homes come with gigabit-speed broadband March 17, 2020 Digital secretary Oliver Dowden will today announce that the government will pass legislation to ensure new homes are built with gigabit-speed broadband. Currently, about one in five new homes is still built without gigabit-speed connections, but the new legislation will ensure developers are legally required to install digital infrastructure with internet speeds of over 1,000 [...]
Monzo launches free and premium business accounts March 17, 2020 Digital bank Monzo has today launched its business bank accounts to the wider public, introducing a free-to-use Lite account and a paid-for Pro iteration. Both types will come with a business current account, mobile and web access, a debit card, categorised spending and in-account cash separation using its Pots feature. Those on the Pro account, [...]
‘Catastrophic’: Hospitality and leisure industries sound alarm over Johnson measures March 17, 2020 The UK’s hospitality industry issued a doom-laden warning last night after Prime Minister Boris Johnson yesterday told Brits to steer clear of pubs, eateries and theatres as the government escalated its coronavirus “fightback”. In a statement which Johnson acknowledged was unprecedented in peacetime, he urged Londoners in particular to “avoid all non-essential contact” with others [...]
Met Police confiscated just one e-scooter a week despite ban March 16, 2020 The Metropolitan Police confiscated just one e-scooter per week on average last year, despite a crackdown on the illegal road use of the vehicles. Of these, 25 confiscations came in the two weeks following the death of Emily Hartridge, who was hit by a lorry while riding an e-scooter in London in July 2019. In [...]
Pub industry warns Boris Johnson that lockdown measures put ‘hundreds and thousands of jobs’ at risk March 16, 2020 The UK pub industry has tonight written to Prime Minister Boris Johnson warning him that the government’s guidance that members of the public should avoid going to bars and pubs presents the sector with an “existential crisis”. In a letter from British Beer and Pub Association chief executive Emma McClarkin, the industry warned that “thousands [...]
We should hasten the shift from cash, not try to delay it March 16, 2020 Tucked away far down in the text of the Budget was a commitment that the government would protect access to cash and “ensure that the UK’s cash infrastructure is sustainable”. The fact that the UK could become cashless within a decade has caused alarm among some politicians and pressure groups, who have pointed out that [...]
