Ripple making waves against the SEC’s confusing crypto rule book June 2, 2021 Ripple’s legal battle with the SEC has taken a twist after the US regulatory authority suffered a setback in its pursuit of the blockchain-based digital payment company.
Black tie, white noise: let’s make summer the new party season June 1, 2021 With the last restrictions of the pandemic due to be lifted in mere weeks, we all deserve to celebrate. We think of the run-up to Christmas as the typical ‘party season’, but Yuletide seems a long way off. Let’s claim this summer for celebrations, and burst out of lockdown with a grateful song in our [...]
Why the Isle of Man is the new hotness for small-batch spirits May 25, 2021 In an old milking shed at Ballakelly Farm in Andreas on the Isle of Man, a new F&B scene is being created. The Manx Outlier movement even has its own manifesto, written by two gentlemen from Surrey. “We are based at an outlying point of the Isle of Man, which is itself an outlier of [...]
UK is the most digitally advanced country in Europe May 24, 2021 The UK is the most digitally advanced country in Europe after the pandemic accelerated digital adoption, new research shows. A survey of more than 20,000 European citizens by McKinsey reveals 86 per cent of the UK has used ecommerce or online services in the past six months. Some 7m Brits have accessed new digital services [...]
Beyond Pret sandwich sales, how do we measure the recovery of London? May 23, 2021 After more than a year of lockdown restrictions, words like “recovery” are thick in the air. Indeed, the Bank of England is forecasting annual growth of 7.25 per cent, the fastest rate since 1941; positive news, but it is not the most digestible statistic for much of Britain’s population. The most important benchmarks are ones [...]
Sunday Times Rich List: Marcus Rashford tops the UK’s biggest givers May 21, 2021 Manchester United football player Marcus Rashford has become the youngest person to top The Sunday Times Giving List this year, which measures philanthropy among the ultra-wealthy. The list highlighted today that the UK saw more new billionaire’s during the pandemic than any other time over the list’s 33-year history. However, this year also saw a record amount of donations, exceeding £4bn [...]
The next step of England’s gradual return to normal May 21, 2021 England has now entered ‘Step 3’ of the roadmap out of lockdown. From this past Monday, people in England have been able to eat inside restaurants, meet friends and family in groups of 6 or two households indoors, and some lucky folks have even been able to enjoy live music and live sport in person. [...]
Government poaches trade expert Allie Renison to bolster international efforts May 21, 2021 Allie Renison, one of the UK’s most respected trade policy experts, is set to join Government as a senior official at the Department for International Trade. City A.M. understands she will take up the role in the coming weeks. Renison has served as Head of Trade Policy at the Institute of Directors for several years [...]
Culture shock May 20, 2021 Covid-19 has left the UK’s world-leading arts sector fighting for survival. As museums and theatres prepare to reopen, four expert CAs tell us how their work has been upended and what their recovery roadmaps look like. This article first appeared in ICAS’ CA magazine. All dramatists know the importance of a happy ending; the gratifying [...]
Future’s revenue surges 89 per cent with eCommerce and media lockdown boost May 19, 2021 Specialist media platform Future saw its revenue surge 89 per cent in the six months to 31 March, following growth in its eCommerce and media divisions amid global lockdowns. The group, which bought Marie Claire US earlier this month and the UK edition last year, saw its revenue lift to £272.6m from 144.3m in the [...]