The City View podcast, from City A.M., with Adam Smith Institute director Eamonn Butler May 6, 2020 In this episode Christian is joined by economist Eamonn Butler, co-founder and director of the Adam Smith Institute. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Butler is an advocate of easing the lockdown and warns that the economic impact of the current restrictions will get worse (and harder to [...]
Coronavirus: What is the NHS contact-tracing app and how does it work? May 5, 2020 The eagerly-awaited NHS contact-tracing app has been rolled out for the first time today, with key workers on the Isle of Wight the first to trial the new technology. The smartphone app, which is available to healthcare and council workers from today and the rest of the island from Thursday, is expected to be rolled [...]
Coronavirus: NHS contact-tracing app trial launched on Isle of Wight May 5, 2020 A new NHS app designed to track the spread of coronavirus has been launched for some workers today as part of a trial on the Isle of Wight. Healthcare and council staff will be the first to test the contact-tracing app, with the rest of the island’s population able to join the trial from Thursday. [...]
Oil prices rise on storage hopes as Asian stocks recover May 5, 2020 Oil prices extended their gains this morning on hopes fuel demand would begin to pick up as an easing of coronavirus lockdown measures also pushed up Asian stocks. Brent crude rose 4.3 per cent to $28.37 a barrel, while US crude was up 1.38 per cent to $21.77 a barrel as crude supply cuts took [...]
The City View podcast, from City A.M., with Michael Spencer May 4, 2020 In this episode Christian is joined by billionaire financier and City grandee Michael Spencer. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Spencer urges the government to “be brave” in easing the UK out of lockdown – a state of affairs he described as “agonising”. He warns of lasting damage [...]
The City View podcast, from City A.M., with Priya Lakhani OBE May 4, 2020 In this episode, Christian is joined by Priya Lakhani, founder and CEO of Century – an AI-powered education platform. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Priya, who served as a business adviser to the coalition government, gives a candid and forthright assessment of the government’s support packages for businesses. [...]
Virgin Media and O2 owners in talks over tie-up May 3, 2020 Spanish telecoms giant Telefonica is in talks with Liberty Global about a merger of its mobile business O2 with Liberty’s Virgin Media cable company. A combination of O2 and Virgin Media would reshape the UK’s telecoms industry, leaving Three and Vodafone stranded without their own fixed-line consumer networks. Telefonica has been examining options for the [...]
FTSE 100 extends losses after worst daily drop in a month May 1, 2020 The FTSE 100 extended its losses today after suffering its worst daily drop in a month yesterday as dire economic reports and weak earnings weighed on traders. London’s blue-chip index was down roughly 2.3 per cent at 5,762 points by around 10.20am today. By the mid-afternoon the FTSE 100 had trimmed its drop to just [...]
UK tech firms suffer worst quarter since financial crisis May 1, 2020 British tech firms have posted their worst quarterly performance since the global financial crisis as the Covid-19 crisis stunts growth, new figures have revealed. Business activity across the tech sector declined for the first time in almost eight years, according to the latest KPMG UK Tech Monitor index. The headline index dropped to 47.1 from [...]
Amazon and Apple earnings: Covid-19 crashes the tech titan party May 1, 2020 It’s been a busy week for Silicon Valley as the major US tech firms lined up to report earnings for the first quarter. Google, Facebook and Twitter all delivered upbeat figures, proving that social media services are well-placed to weather the Covid-19 storm. But the mood was dampened somewhat last night as coronavirus costs weighed [...]