After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
The taxman cometh: 6 tips to help you complete self-assessment tax return January 29, 2020 This Friday marks the end of a process that many have found divisive, emotionally draining, expensive, and time-consuming. No, I’m not talking about Brexit. Friday 31 January is the deadline for completing your self-assessment tax return — the bane of existence for freelancers, the self-employed, and anyone who earns extra income outside their basic salary. [...]
Open Banking can rebalance the market and put consumers in control January 21, 2020 Two years since its inception, Open Banking has begun to transform the banking world. While understanding may still be low among those outside of the financial sector, do not underestimate this phenomenon. In fact, low awareness is to be expected — Open Banking is a technology that exists behind the scenes, and customers will only [...]
Spilling the beans: How coffee chain Grind has carved out its own London niche January 20, 2020 Given how busy life in the capital can get, and how hard the people here work, most Londoners must live on coffee. It’s the only plausible explanation for the explosion in coffee shops in recent years. Independent coffee houses are thriving alongside the big brands like Costa and Pret a Manger. According to research by [...]
Hastings shares tumble as insurer issues profit warning January 17, 2020 Hastings shares plummeted this morning after it warned that it expects a 42 per cent drop in annual profit because of high claims costs in the final quarter. The motor insurer said it plans to lower its annual dividend, citing a challenging market. Shares fell 6.3 per cent this morning to 173.5p. Hastings said claims [...]
Fintech can be the silver bullet to banking the UK’s unbanked January 15, 2020 Can new technology help the 1.23m people in the UK who don’t have a bank account? And could it improve the lives of the 10–12m who still struggle to access affordable loans? New research suggests that the answer to both those questions is yes. It is all thanks to London’s booming fintech sector — one [...]
Decline in German automotive production weighs on its economy January 13, 2020 Structural change and a sharp decline in automotive production in Germany is weighing on the economy, according to a report published today. The Munich-based ifo Institute estimated that the automotive industry workforce has shrunk by 1.3 per cent since the beginning of 2019, a much sharper decline than in the rest of the manufacturing industry [...]
Flybe ‘near collapse’: What do we know so far? January 13, 2020 Flybe, the biggest regional airline in Europe, is said to be on the brink of collapse. Sky News reports the carrier is engaged in a frantic bid for emergency funding, and the government is also said to be involved in the talks – which come just four months after Thomas Cook went bust in late [...]
Three ways to prevent the UK from falling into data anarchy January 10, 2020 No business will admit to using personal data in ways that are unethical or discriminatory. But when every social media click, phone call, card payment, and gym visit pings into existence a new nugget of data, how can any of us be sure that our data is being used ethically? There are many excellent examples [...]
Government to review rollout of controversial IR35 tax reforms January 7, 2020 The government said today it will review the rollout of controversial tax plan IR35 which is due to take effect in April 2020. IR35, which aims to prevent workers from disguising themselves as freelance contractors as a way to pay less tax, is being extended in April. Under the changes private sector employers will be [...]
The top tech predictions for 2020 January 6, 2020 Welcome to 2020. After a week or more of festive cheer and turkey-induced fatigue, it’s time to get back to work. But don’t despair. The year — and decade — ahead is set to be an exciting one, especially in the world of technology. To find out what changes may lie ahead, City A.M. asked [...]