After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Screenshot: Will nightclubs really reopen in June? March 5, 2021 This week: **Media Moment of the Week: Telly’s still got welly **Will nightclubs really reopen on 21 June? **The BBC turns back time Media Moment of the Week: Telly’s still got welly In the age of Silicon Valley streaming giants and relentless references to “content” and “eyeballs”, it’s easy to forget that TV can, sometimes, [...]
Boohoo urged to link bonuses to workers’ rights and sustainability improvements March 5, 2021 The chairman of fast fashion retailer Boohoo has been urged to link its bonus scheme for senior executives to improvements on workers’ rights and sustainability. MPs have written to Mahmud Kamani asking him to update the Environmental Audit Committee on the firm’s progress on its environmental and social responsibilities, and welcomed the “positive steps” it [...]
Coming or going? Aviva the latest to cut office space as rival bosses say ‘remote working can’t last’ March 4, 2021 Aviva the latest to cut office space as rival bosses say 'remote working can't last'
Wall Street slips despite better than expected US jobs data March 4, 2021 US stocks opened lower on Thursday as Wall Street reckoned with yesterday’s technology-led selloff, despite new data showing an improved US employment market. The tech-heavy Nasdaq slid 2.4 per cent this afternoon, with carpet company Dixie Group pulling the index down with a 48 per cent drop. Tesla shares extended yesterday’s loss of more than [...]
City Corporation creates new Covid Business Recovery Fund March 4, 2021 The Court of Common Council, the City of London Corporation’s main decision-making body, has today (4 March) agreed to create a new Covid Business Recovery Fund of up to £50 million. At a virtual meeting, elected Members decided unanimously that grants from the Fund will be made available to small and independent retailers and hospitality [...]
Freelance creatives could fall through cracks of Rishi budget March 4, 2021 This week Rishi Sunak announced his investment-led recovery budget, pledging an additional £408m stimulus package for the culture sector. This is fantastic news for a creative sector particularly vulnerable to the impact of the COVID pandemic. The government has divided this relief package into three parts: £300m for the Cultural Recovery Fund (supporting cultural organisations [...]
The DiverCity Podcast March 4, 2021 The DiverCity Podcast DiverCity™ Podcast explores the field of diversity, equity and inclusion (DE&I) in financial services. We focus on the entire spectrum of DE&I and explore corporate, commercial and personal insights and experiences. In each episode we seek to shine a light on positive progress, call out areas requiring further focus and offer [...]
Why improving cyber security should be a priority for every business in 2021 March 4, 2021 Kralanx Cyber Security CEO Jean-Michel Azzopardi talks through what a business must, should and could have for cyber security.
Budget reactions: Optimism and relief to Sunak’s plans March 4, 2021 Following Chancellor Rishi Sunak’s announcement yesterday, of a raft of new support measures alongside plans to shore up Britain’s finances in the wake of the coronavirus pandemic, the details of this year’s Budget gradually become clear to SMEs, entrepreneurs, startups and others in London and across the country. Sunak set out extensions to the furlough [...]
Watchdog bans City of London trader for ‘wash trading’ March 4, 2021 The city watchdog has banned ex-City of London trader Adrian Geoffrey Horn after he engaged in ‘wash trading’, a form of market abuse. Horn, who worked as a market making trader at Cheapside-based Stifel Nicolaus Europe, was fined £52,000 by the Financial Conduct Authority (FCA) and banned for carrying out any regulated work in the [...]