Cutting edge tech rarely sits still, so why is ESG slowing things down? November 2, 2022 Dr Chris Kacher turns his attention to energy consumption in world economics and what effect ESG is having on progress.
Private sector must ‘be bolder’ on tech to give UK inc. an edge, says IBM chief November 2, 2022 The UK private sector must take more bets on technology if it is to compete with its European neighbours. Speaking to City A.M., the UK & Ireland chief executive of American tech giant IBM, Sreeram Visvanathan, urged businesses to “be bolder” and “find niches” to give UK inc. an edge above other markets. “We can’t [...]
The new government must combine growth with stability, betting big on our trade links October 31, 2022 Now that the turmoil in Westminster has abated, households and businesses across the UK will be hoping that the era of Rishi Sunak’s government will be slightly duller than what preceded it. Stability is an asset that has traditionally underpinned our international attractiveness and competitiveness. It is a cornerstone of the UK’s appeal across the [...]
Data protection watchdog warns against ‘immature’ biometric technology October 26, 2022 The UK’s data protection watchdog has warned against businesses using “immature” technology to measure biometrics, saying the risks currently outweigh the benefits. Emotional analysis technologies process data such as gaze tracking, facial movements, heartbeats, facial expressions and skin moisture. Financial services firms often use this technology in their facial recognition practices to verify identities through [...]
Telecom giant EE bursts onto the fast-growing cyber security scene with alarm systems October 26, 2022 Telecom giant EE said this morning the company wants to make digital security more accessible to the public. Therefore, the operator unveiled new monthly subscription packages around home and cyber security. EE said customers will be able to buy home security deals – including a home alarm system – and an online cyber security package [...]
No, it’s not sci-fi. Robots really could help dig us out of our low productivity spiral October 25, 2022 Earlier this month, a robot named Ai-Da gave evidence to the House of Lords on the future of the creative industries. The members of the Lords Communications and Digital committee were fairly quite stumped. For all its weirdness, this episode proved a point: robots are among us. When thinking of robots, many of us imagine [...]
Government committee launches inquiry to regulate AI in the UK October 20, 2022 A government Committee has launched an inquiry into artificial intelligence in a bid to regulate it as it become an increasingly appealing avenue for businesses. “AI is already transforming almost every area of research and business. It has extraordinary potential but there are concerns about how the existing regulatory system is suited to a world [...]
Welcome to the new world of work October 20, 2022 In 1771 a Lancastrian named Richard Arkwright opened the world’s first water-powered cotton spinning mill in Derbyshire. And not just that. To run his new-fangled factory he invented the pattern for the modern working week that has survived until today. The working day at Cromford Mill began at 6am and the shift ended at 6pm. [...]
Letters: Finding the hidden gems October 17, 2022 [Re: City sitdown: Private equity should learn to be more emotional, argues City grandee, October 5] It’s absolutely right to say that there are opportunities for healthy returns in private equity at the moment – but Bob Sheard only touches on the biggest source of opportunity right at the end of his interesting interview: off-market [...]
The winds of change for financial services have been a digital blessing October 14, 2022 Crypto AM columnist Jonny Fry examines how the financial services sector has embraced digital change in recent years.