Open banking should expand ‘systematically’ as fintech criticises ‘data protectionism’ of big banks August 14, 2023 Regulators should expand open banking rules “systematically” in order to save customers thousands of pounds across a variety of different financial products, experts told City AM. With stakeholders consulting on the next stages of open banking, many in the sector have suggested regulators need to be bold in expanding data sharing rules into new financial [...]
Yorkshire Post owner signals interest in buying Daily Telegraph newspaper August 10, 2023 The owner of the Scotsman and the Yorkshire Post has indicated it could be interested in buying the Daily Telegraph and Sunday Telegraph if the papers are put up for sale later this year. National World said it “will consider participating in a sale process” if owners Lloyds decide to sell Telegraph Media Group. Lloyds [...]
FTSE 100 close: London markets close in the green after US inflation print August 10, 2023 London’s markets ended higher as investors were boosted by data which suggested the US had got a firm grip on its inflation problem. The FTSE 100 index ended 0.4 per cent higher up to 7,616.38 while the mid-cap FTSE 250 index climbed 0.3 per cent to 18,986.76. Although US inflation increased slightly for the first [...]
Mark Kleinman’s column: WANdisco fiasco, Co-op auction and Chelsea’s misfires August 10, 2023 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his fortnightly City A.M. column. It’s payback time WANdisco? More like WANfiasco. Within weeks of the AIM-listed data software company letting it be known that it was solidifying its ambitions of pursuing a US stock market listing, the [...]
FTSE 100 close: London markets rise despite Chinese deflation August 9, 2023 London’s markets closed higher on Wednesday as a toning down of Italy’s windfall tax on banks calmed investors despite more negative news from China. The FTSE 100 closed 0.80 per cent higher at 7,587.30 while the midcap FTSE 250, which is more aligned with the health of the domestic economy, ended 0.51 per cent higher [...]
Taylor Swift helps Brits shake it off with entertainment spree but it’s a cruel summer for retailers August 8, 2023 Taylor Swift tickets, which went on sale in July, have powered a double-digit increase in entertainment spending so far this summer
Formula E, going green, and that £4bn Tata Group battery factory August 4, 2023 The Formula E season may be over but the technology never sleeps. And when technology can be transferred from a race track and into our homes – whether that be electric generation software or broadcasting structures – it can be revolutionary. When tech folk talk of what’s called “Race to Road” they refer to motorsporting [...]
Unlocking what makes AI tick – part one August 4, 2023 Dr Chris Kacher with part one of his epic overview on how artificial intelligence works, and its future within blockchain technology.
FTSE 100 close: Markets in the red as Bank of England hikes interest rates to 5.25 per cent August 3, 2023 London’s FTSE 100 stayed in the red through most of Thursday on a day which saw the Bank of England confirm a 14th consecutive interest rate hike of 25 basis points. The capital’s premier index was down 1.27 per cent by midday and closed at -0.51 per cent. The domestically-focused mid-cap FTSE 250 index, which [...]
Body Doubling Is The New Workplace Productivity Hack August 3, 2023 Do you find it hard to start tasks, not to mention complete them on deadline? Studies show that roughly one in five people globally are textbook procrastinators, while a 2019 report found that 88% of the workforce tends to procrastinate for at least one hour a day. Most of us do it to some extent. [...]