Canary Wharf: The ‘all work, no play’ banking district tries to reinvent itself as a Millennial neighbourhood March 15, 2021 Canary Wharf: The 'all work, no play' banking district tries to reinvent itself as a Milleninial neighbourhood
B Corps: Can business really be kind? March 15, 2021 “Business as a force for good” is the commercial equivalent of “speaking your truth”. A lightning rod phrase that divides and says much about the relationship between business and society. This month is B Corps month, which has seen a host of companies seek to spotlight a different way for business. Less the binary profit and loss, [...]
The Entrepreneur’s overlooked cousin: companies must foster ‘Intrapreneurs’ for post-Covid creativity March 12, 2021 Entrepreneurs are the supposed heroes of our era. They are simultaneously titans of industry, Renaissance artists, and Hollywood Stars, building products, empires, and literal rocket ships that will be spoken about for decades to come. In the modern economy, those who create something out of nothing command ultimate respect. But the entrepreneur has a less [...]
We need to strap a rocket to the government’s FinTech thinking March 12, 2021 In his final article of the week, Lord Chris Holmes details the urgent need for a centre within government that could lead on FinTech.
We need a new law to root out corporate supply chain abuses — wherever they take place March 12, 2021 The now all too familiar, shocking allegations of forced labour at Boohoo factories in Leicester are once again grabbing headlines. Last week Boohoo was hit with a double whammy as US lawmakers are mulling a potential import ban against the company, and UK MPs are asking for a long-term bonus scheme to be linked to supply chain [...]
Could the humble perpetual bond help dig Britain out of its debt crisis and level up? March 12, 2021 The COVID-19 pandemic has precipitated the worst crisis we have faced as a nation since the Second World War, decimating the global economy and plunging us into a deep recession. Such desperate times call for radical, revolutionary solutions to help us bounce back from economic turmoil. Many would be surprised to discover a simple instrument, [...]
Rishi Sunak not interested in setting debt-GDP ratio target for UK March 11, 2021 Rishi Sunak has said today that his fiscal policy decisions will not be guided by a target debt-GDP ratio and that he would instead look to other indicators to measure the nation’s finances. The chancellor has spent more than £400bn during Covid-19, including a planned £65bn over the next year to stimulate the economy, pushing [...]
Glencore chairman Tony Hayward to step down March 11, 2021 Glencore chairman Tony Hayward today confirmed that he would step down from the role before next year’s annual general meeting. The former BP chief executive will remain in the role while the mining giant handles the departure of long-term chief executive Ivan Glasenberg. Back in December the FTSE blue-chip said that Glasenberg would step down [...]
Shareholder management platform Shaparency announces capital raise amid expansion March 11, 2021 Shareholder management platform Shaparency which claims to democratise business access has secured another capital raise amid its rapid expansion. While a number of companies switched to digital fairly seamlessly for the day-to-day business during the first lockdown, shareholder engagement was largely neglected. Globally just 15 per cent of corporate boards use digital platforms in AGM [...]
There’s a real prize for the UK to lead when it comes to distributed digital ID March 11, 2021 Crypto AM Parliamentary Special as Lord Holmes of Richmond MBE continues his series of articles on the Financial Services Bill.