As we cosy up to Qatar, the West must face the moral maze of the Middle East April 4, 2022 Last month I wrote about the prospect of Dubai challenging London’s place as a great global financial centre. But Britain’s delicate dance with the Middle East does not end there. The emerging relationship between Europe and the United States on the one hand and the oil-rich emirate of Qatar on the other poses a multitude [...]
Hospitality venues receive less than half of £635m Omicron support package April 4, 2022 Hospitality businesses in England received less than half of a £635m support package promised at the end of last year to make up for Omicron cancellations. Just £305m was paid out less than three weeks before the final cut off, analysis by the Altus Group revealed. The Treasury had announced one-off grants worth up to [...]
Impact investing has the power to create social change, but we need to measure it April 4, 2022 As our world faces a myriad of environmental, social and geo-political challenges, there can be little doubt that radical changes must be made to ensure a sustainable and equitable future for generations to come. The UN’s latest report on climate change sends a stark warning: we have passed the point of no return. We must [...]
Exclusive: Fintech Review author pushes ministers for capital markets overhaul April 4, 2022 The author of a government-commissioned review of fintech has written to ministers warning major reform of the UK’s capital markets is needed if they are to compete on the world stage, City A.M. has learned.
Week ahead: City braces for Russia-Ukraine hit to economic activity April 3, 2022 The City will be combing through a week of closely watched economic data for signs of the Russia-Ukraine war weighing on growth. London’s premier FTSE 100 index rose 0.73 per cent last week to close at 7,537.90 points. The domestically-focused FTSE 250 index fared better, climbing 1.25 per cent. Fresh services purchasing managers’ indexes (PMI) [...]
Rohit Wad handed CTO role at Binance, as Mayur Kamat is made product chief April 1, 2022 Binance has appointed Rohit Wad, former Corporate VP at Microsoft, as its CTO, and Mayur Kamat, former Agoda VP of Product, as Head of Product.
The City View: White Paper, black market for gambling? And April economic uncertainty March 31, 2022 Today Andy Silvester chats to City A.M. reporters Leah Montebello and Jack Barnett. Jack outlines the cost-of-living crunch that, some say, hasn’t been seen since the Second World War. He goes through the economic uncertainty that awaits in April, with tax, energy, and price hikes all coming into effect. Leah boils down the Betting and [...]
Bitcoin is Boring. March 31, 2022 Bitcoin is boring. At least, that’s what everyone is saying these days. Family, friends, even parents on the school run – everyone I talk to at the moment tells me, “Bitcoin is boring.” But is it? Having made headlines over the years for its “sudden surges” and “catastrophic crashes”, most people who have heard of [...]
April cost hike storm to push businesses ‘to the brink’ March 31, 2022 A series of cost hits and fresh admin requirements landing in April threaten to push UK business “to the brink”, reveals fresh research published today. Several support packages put in place to cushion the impact of the Covid-19 crisis on firms end today and over the course of the next month, just as companies are [...]
The metaverse – a peep into the virtual world March 30, 2022 Crypto AM's Jonny Fry takes us by the hand and gently guides us through the mind-boggling world of the metaverse.