The City View: ‘End the lockdown now and cut taxes to avoid a depression’ – Dan Hannan May 28, 2020 In this episode Christian is joined by Dan Hannan, former Tory MEP now president of the Initiative for Free Trade. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Dan is a lockdown-sceptic and he makes a powerful case for reopening the economy and avoiding a crippling collapse in economic activity. In addition, he believes the government must [...]
FTSE 100 rallies as reopening optimism takes hold May 27, 2020 The FTSE 100 extended gains made yesterday as investors focused on the phased reopening of the economy. London’s blue-chip index closed up 1.26 per cent at 6,144 points as investors took comfort in increased hopes of a recovery. The Prime Minister set out plans to reopen parts of the economy from next week, as the [...]
Fast fashion retailer Boohoo hit by short-seller attack May 27, 2020 Fast fashion retailer Boohoo today denied allegations that it had misled investors following a short-seller attack that saw its share price plunge more than 12 per cent. In a statement this morning the online retailer said it “strongly refutes the allegations” made in a report published yesterday. “Boohoo…notes the recent decline in its share price [...]
FTSE 100 rises as retail sector prepares to reopen May 26, 2020 The UK’s FTSE 100 closed higher after investors welcomed Boris Johnson’s plans for the phased reopening of the retail sector. London’s blue-chip index closed 1.28 per cent at 6,069 points, as the retail sector prepared to re-open in mid-June. In the Downing Street briefing last night, the Prime Minister said there will be a formal [...]
The last mile is critical to mass adoption and inclusion. May 26, 2020 Global technology infrastructure projects providing the vital backbones for the modern world critically must have compatible last mile solutions in order for mass adoption of new tech to take place leading to mass inclusion – crypto and blockchain are no exception. Price Watch Bitcoin (BTC) has retreated somewhat from testing US$10,000 having had a pretty [...]
O2 Arena stood down as NHS Nightingale training facility May 26, 2020 The O2 Arena has been officially stood down more than 40 days after it was transformed into a training ground for frontline NHS workers fighting the coronavirus outbreak. Owner AEG last month handed over the iconic London venue to serve as an educational training hub for staff required at the new NHS Nightingale hospital at [...]
Crypto AM shines its Spotlight on AAX May 26, 2020 AAX, the first digital asset exchange to be powered by LSEG Technology, and the first exchange to be a member of London Stock Exchange Group’s Partner Platform, is on a mission to connect crypto to global finance. From discussions over a forum and silent experimentation, Bitcoin and with it an entire industry has come a [...]
Appointment times and NHS discounts: How retailers plan to lure shoppers back after lockdown May 23, 2020 After more than two months of enforced closure during the UK coronavirus lockdown, retailers across England are preparing to potentially reopen to shoppers from 1 June. The high street will look different when retailers are allowed to open their doors. Social distancing signage will be in place, shop assistants will wear masks and a number [...]
Covid-19: the inescapable truths faced by investors May 22, 2020 Investors will need to be more agile than ever as Covid-19 reinforces many of the trends driving the world economy prior to the outbreak. “At the beginning of the plague, when there was now no more hope but that the whole city would be visited; when all that had friends or estates in the country [...]
We need a new approach to city resilience May 22, 2020 Globally, cities are fundamental drivers of economic performance. If a nation’s major cities function well, the overall economy benefits in terms of jobs and innovation of products and services. The World Bank states that 55% of the world’s population – 4.2 billion people – now live in cities, generating 80% of global GDP. Protecting cities [...]