Branch banking to be dead and gone in Europe by 2025 March 10, 2022 Banking through physical branches could phase out by 2025, a new survey has revealed, as the pandemic-era push to online holds its momentum. Nearly 70 per cent of European banks, surveyed by the Economist Intelligence Unit (EIU) and Temenos, said that brick and mortar banks will be dead and gone in just three years. It [...]
Minister throws support behind new £95m fund targetting UK software March 2, 2022 Venture capital firm Sure Valley Ventures has won the support of ministers today with a new £95m fund backed by state-owned British Business Bank, as it looks to target high growth software firms across the UK.
The West’s tech export ban could crush Russia and Putin’s war against Ukraine March 2, 2022 AS UKRAINE was plunged into war its allies around the world hurried to put together punitive packages of sanctions in retaliation. The Prime Minister Boris Johnson this week announced he’s planning to bring forward a bill in Parliament that will effectively cut Russia off dual-use technologies critical for its defence sector. President Biden has also [...]
Britain and Ukraine are tied together by our independent tech industries March 1, 2022 AS RUSSIA launched an illegal war of aggression in eastern Europe, Ukraine may still feel quite far away from the UK, even though it is in Europe. Cities like Mariupol and Kharkiv are foreign to most Britons. Crimea is best known to most from a 200 year old poem. When Vladimir Putin talks of Ukraine [...]
Exclusive: Nearly three quarters of UK tech leaders are concerned regulation will halt M&A in 2022 February 28, 2022 New data has revealed that 73 per cent of senior tech, media and telecoms professionals in the UK are concerned about regulatory activity increasing and impacting their ability to carry out deals in 2022.
Is it time a decentralised world created a scoring system for accurate information? February 26, 2022 Dr Chris Kacher examines how our industry can help to purify accuracy in the freedom of expression we crave.
Crypto AM Daily in association with Luno February 25, 2022 The week in review With Jason Deane I have to admit to being a little emotional writing today’s update as the screens around my desk constantly stream updates from Ukraine, some from mainstream media and some from Twitter. This scene of a father leaving his kids to fight broke me completely. It’s unverified, but that [...]
Crypto markets slide as Russia invades Ukraine February 24, 2022 Crypto AM Daily in association with Luno The geopolitical uncertainty in the Ukraine continues to rattle global financial markets, with losses for all major cryptocurrencies this morning. Bitcoin, the world’s largest cryptocurrency by market value, was changing hands for about $34,722 at time of writing, down almost 9 per cent over the past 24 hours. [...]
WPP swings from £2.2bn loss with ‘fastest organic growth for over 20 years’ February 24, 2022 WPP has swung from the eyewatering £2.2bn loss it swallowed in 2020, pulling in £1.2bn in profit last year. In what CEO Mark Read has hailed as WPP’s “fastest organic growth for over 20 years”, the technology, media and communications heavyweight has returned more than £1bn to shareholders, it said in its preliminary results today. [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 24, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Howard Kennedy London law firm Howard Kennedy has bolstered its contentious trusts and estates team with a new partner. Strengthening the firm’s private wealth offering, Monika Byrska joins from Thomson Snell & Passmore where she was a [...]