The City View: David Gurlé on financial services regulation July 14, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy Silvester is joined by David Gurlé, the Chief Executive of Symphony – the $1.4bn-valued workflow managing software company. They talk about financial services regulation, tech on the trading floor as well as the dangers remote working presents for big banks. They also discuss his time at Microsoft working [...]
Expectation drives price. Utility drives value. July 14, 2020 Digital asset prices are driven by two factors; value and expectation of future value. When expectation of value increases at a faster rate than real value, you get a bubble. If real value grows faster than expectations of value, you get an opportunity. Looking back on the 2017 super-cycle it is painstakingly obvious that it [...]
What are “accidental savers” doing with their surprise savings? July 14, 2020 Lockdown restrictions have curbed spending, resulting in higher savings in the UK. Some of this has found its way into the financial markets; actively managed responsible investment funds have been the biggest beneficiaries. The words “accidental” and “saver” don’t often appear in the same sentence together. Saving usually takes some effort and requires sacrifices and [...]
The City View: Miles Roberts on the packaging business July 13, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In today’s episode – the first recorded from City AM’s offices – Andy is joined by Miles Roberts, CEO of FTSE-100 packaging firm DS Smith. Miles and Andy discuss the impact of lockdown on packaging, what innovation looks like when it comes to cardboard, and post-Brexit goods regimes. They [...]
The City View: With Stefan Boscia July 12, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In today’s podcast, Andy Silvester is joined by City A.M.’s political reporter Stefan Boscia as we review the Sunday papers in light of the summer statement – and look ahead to tax rises, deficits and the political ramifications. Andy also discusses the Facebook boycott, Primark’s decision not to take [...]
Google’s Android 10 adopted faster than any earlier version July 10, 2020 Google’s latest update to its Android operating system was adopted faster than any other previously release, reaching 100m devices in five months. This was 28 per cent faster than Google’s last release Android Pie, it said this week. After 300 days, Android 10 had been downloaded on 400m devices — approximately 16 per cent of [...]
Muji files for bankruptcy in the US July 10, 2020 The US arm of Japanese lifestyle brand Muji has filed for bankruptcy, joining a host of retail casualties amid the coronavirus pandemic. Muji owner Ryohin Keikaku said it had filed for Chapter 11 bankruptcy protection today, aiming to close unprofitable stores and renegotiate rents across the US. All of Muji’s 18 US stores have remained [...]
The City View: Sarah Gordon on impact investing July 10, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In association with ETX Capital Andy Silvester is joined by Sarah Gordon, a veteran business journalist turned CEO of the Impact Investing Institute. Sarah talks about the government’s response to coronavirus, the opportunity that could be taken to ‘build back better’ and businesses’ awareness of their ESG responsibilities. Andy [...]
Apple’s retail network pays just £6.2m tax on £1.4bn UK sales July 9, 2020 Apple’s UK retail arm paid just £6.2m in tax last year, despite raking in sales of almost £1.4bn as demand for its products boomed. Accounts filed today for Apple Retail, which manages its UK store network, showed revenue jumped 15 per cent in the 12 months to September 2019, despite not opening any new stores. [...]
The City View: The Summer Statement July 9, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy Silvester is joined by City A.M.‘s very own Rachel Cunliffe to digest the Chancellor’s summer statement. They touch on whether there might be dissent brewing on Tory backbenches, the scale of the spending plans, and whether it’ll be enough to fire up the UK economy. In association with ETX [...]