James Dyson’s post-Brexit globalism: design cars in the UK, build them in Asia and sell them all over the world October 23, 2018 Sir James Dyson is one of Britain's most celebrated inventors and entrepreneurs – and rightly so. He has invested billions in UK-based research and development, collaborated with dozens of universities, championed design and engineering, ploughed vast sums into pushing the boundaries of robotics and artificial intelligence, employed thousands of people, backed apprenticeships and training schemes [...]
Deutsche Bank poaches Bank of England cloud specialist in tech expansion October 23, 2018 Deutsche Bank today confirmed it has hired a former IT head at the Bank of England to lead its cloud platforms effort, as the German lender seeks to cut costs by transitioning its business to run on more efficient technology. Global transaction banking digital head Thomas Nielsen told staff in an email that Deeptasree Mitra will [...]
Industry heavyweights from Barclays, RBS and Coutts back new personal investment robo-adviser Pia October 22, 2018 Big-name former executives from institutions such as Barclays, HSBC and Coutts are behind a new startup aiming to help consumers navigate the world of investing. Pia, an online "personal investment assistant" scheduled to begin its launch in summer, counts advisory board members such as T Rowe Price Global Investment Services' former chief executive Todd Ruppert, [...]
Leaving the EU gives us an unprecedented chance to boost trade with the US October 22, 2018 In my role as Her Majesty’s trade commissioner for North America, my priority is to work with our teams across the US and Canada to help businesses of all sizes and from all parts of the UK to seize export opportunities in both countries, and to attract high quality investment to the UK. Today, I am [...]
The future is now, but we’ll miss it if we don’t solve tech’s talent crisis October 19, 2018 The time has come for us to change the narrative. Too often, company executives talk about a future where artificial intelligence will transform the employment landscape or the strategies they are developing to adapt to the fourth industrial revolution. But that time is here – and companies need to be taking action now. Read more: London's [...]
Amazon ramps up UK investment with commitment to over 1,000 new jobs October 19, 2018 E-commerce giant Amazon is set to further cement its commitment to the UK, after it revealed plans tonight for a new research centre in Manchester and expansion in Edinburgh and Cambridge which will create over 1,000 new highly-skilled jobs in the country in 2019. Labelled by the firm as “Silicon Valley jobs in Britain”, the [...]
Accountants can save the world (really) October 18, 2018 Last week, the UN Intergovernmental Panel on Climate Change (IPCC) released a landmark report due to be presented to governments at the Conference of the Parties in December this year. Its conclusions are stark – global carbon emissions must start to reduce well within 12 years if we are to prevent potentially catastrophic climate change [...]
Ex-Barclays wealth management boss says all banks will use artificial intelligence in next five years October 18, 2018 All banks will use artificial intelligence (AI) in the next five years, according to former Barclays wealth management boss Akshaya Bhargava, as institutions prepare for the $30 trillion (£28 trillion) "great wealth transfer" from baby boomers to millennials. Bhargava, who set up AI fintech platform Bridgeweave after leaving the British bank two years ago, said financial [...]
Pixel 3 review: Google’s flagship returns with an improved camera, better software, and the notch to end all notches October 17, 2018 In the 1995 film Casper, there existed a machine that could give ghosts corporeal form, turning them from translucent, intangible spectres into real, physical beings. In much the same way, Google’s range of Pixel phones gives the company’s far-reaching software a hard, phone-shaped body in which to exist. To put it in even more 90s [...]
Menswear styling tech startup Thread raises $22m October 16, 2018 Fast fashion startup Thread will today announce the close of its series B funding round at $22m (£16.7m), which includes backing from Balderton Capital, Beringea and H&M’s investment arm H&M Co:Lab. The round will also be complemented by a crowdfunding raise on Crowdcube later this year, providing everyday investors access to shares in Thread on [...]