Bitcoin rebounds after another day of market turbulance January 25, 2022 After a brutal few days, Bitcoin fell to a fresh low of $33k yesterday morning before seeing a sharp rebound to more than $37k.
Data experts team up with Google, Microsoft and Mastercard for new UK post-Brexit govt council January 25, 2022 In order to boost cross-border data flow and trade post-Brexit, the government has set up a new council that comprises of a group of data experts from industry giants and academia. The International Data Transfer Expert Council will include representatives from the likes of Google, Mastercard and Microsoft when it meets for the first time [...]
National insurance hike completely unnecessary says Brexit veteran Lord Frost as Tory calls to drop £12bn tax increase swell January 25, 2022 Lord Frost has urged Boris Johnson and Rishi Sunak not to raise taxes in April as cost-of-living is set to increase for most Brits. The Prime Minister’s former Brexit chief joined the growing number of senior Conservatives to call for the planned national insurance hike to be scrapped. The former Brexit Minister – who resigned [...]
City Moves: Who’s switching jobs in the Square Mile today? January 25, 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. Baton Systems Fintech firmBaton Systems has hired a Barclays Investment Bank veteran as its first-ever chief operating officer (COO), who will help scale the business. David Ornstein, who departed the London-based bank after 13 years, has also held roles [...]
Government calls in Google and Microsoft to help advise on ‘free flow of data’ innovation January 25, 2022 A group of experts combining the world’s leading academics and digital industry figures, including Google, Mastercard and Microsoft, will meet for the first time today to help Britain seize the opportunities of better global data sharing.
Rachel Reeves must ground Labour’s policy in compelling plans for economic growth January 25, 2022 It is easy to get frustrated following politics. I’m not talking about the in-fighting, the hypocrisy, or the subsequent tendency for allegations of hypocrisy to overshadow any substantive policy issues. My gripe is with the shallowness of the policy debate. Too often, politicians confuse ends with means. The result is a complacent debate and vacuous [...]
Brexit: EU says a ‘timely agreement’ on Northern Ireland Protocol is possible January 24, 2022 The EU’s chief Brexit negotiator has said newfound political goodwill with the UK could “lead to a timely agreement on durable solutions” to the post-Brexit Northern Ireland Protocol, after another round of talks today. European Commission Vice President Maros Sefcovic said he is not setting “artificial deadlines” on discussions, but that he would act “with [...]
Slow bleed out of crypto continues, but can the US central bank deliver positive news? January 24, 2022 The slow bleed we’ve seen in the crypto markets accelerated on Friday, with the Bitcoin price dropping below $40k and falling to £35k.
City boom: Banks launch record recruitment drive… yes, despite Brexit January 24, 2022 The City’s banking jobs market is booming in a sign that London is scuppering bets laid on Brexit hitting its attractiveness, reveals a fresh study released today. UK banks have never been looking to hire this many staff, with vacancies in the sector skyrocketing 129 per cent over the last year, according to research carried [...]
Remote work will free reluctant city dwellers and reinvigorate London January 24, 2022 London has been the cradle of dreams and ambition for a long time. It is more than 600 years now since Dick Whittington left Gloucestershire to seek his fortune in the capital, rising to become lord mayor for the first time in 1397. Faint echoes of his journey remain with us all today: how many [...]