After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
London at risk of being ‘levelled down’ by pandemic, leading business groups warn Rishi Sunak February 19, 2021 A coalition of powerful business groups has urged the chancellor to outline stringent support measures for the capital, as they warned London risks being “levelled down” by the pandemic. In a letter to Rishi Sunak, the heads of groups representing more than 6,000 businesses including Heathrow Airport, the Ritz and Fortnum & Mason, said months [...]
Plans for grand new building axed in favour of ‘major overhaul’ of Barbican estate February 19, 2021 Plans for the pyramid-shaped Centre for Music have been scrapped and replaced with plans for a “major renewal” of the nearby Barbican estate. The elaborate concert hall was planned as the new home for the London Symphony Orchestra, but the City of London Corporate has now axed the idea in favour of a revamp of [...]
Firms who have weathered the Covid-19 storm should get back in touch with the green agenda February 19, 2021 In recent years, sustainability has moved on from a corporate buzzword to become a measurable component of any business that wants to be successful in the 21st century. The Triple Bottom Line—Profit, People and Planet—has evolved from a 1994 call to action by John Elkington, founder of the British consultancy SustainAbility, to a solid business [...]
BNB flips Tether – until the Tether mint goes brrr? February 19, 2021 BNB heads skywards again - pushing up 40% to kick Tether off third spot as it eyes up Ethereum.
Trust me, I’m a chief executive February 19, 2021 Public trust in government is waning, as the 2021 Edelman Barometer of Trust revealed recently. Between January and May 2020, trust in government rose in almost all countries: people all over the world put faith in their leaders as the global pandemic took hold. But, interestingly, this trust has subsequently eroded, in some cases to below pre-pandemic [...]
Banks move to buy parts of NatWest’s Irish loan book February 19, 2021 Allied Irish Banks has entered a non-binding agreement to buy around €4bn of corporate and commercial loans from NatWest’s Irish outfit, while separate talks elsewhere are ongoing to buy other assets. This morning NatWest announced it will pull out of its operations in the Republic of Ireland, after reporting a £351m annual loss in 2020. [...]
Win for diversity as all-male boards disappear from the FTSE 350 February 19, 2021 There are now no all-male boards across the entire FTSE 350, according to the latest data compiled by the 30% Club.
Before the Bell: All eyes are on UK retail sales and PMI numbers today February 19, 2021 Sentiment in stocks this week has been slowly eroded as the bullish mood that circulated on Monday has since turned a little bearish. At the start of the week, the outlook was upbeat on account of optimism connected to the vaccine rollout. The UK confirmed that it was on track with its vaccination distribution scheme [...]
New City lobby: Big bank influence is holding UK financial services back post-Brexit February 18, 2021 A new pro-Brexit City of London lobby group has taken aim at competitor The CityUK, saying that the established body is “dominated by multinational banks” that do not care about the UK’s prosperity. The CityUnited project was formed earlier this week by a group of Eurosceptic City figures and politicians, with the group aiming to [...]
City of London Corporation puts culture at the heart of recovery February 18, 2021 · Major renewal of the Barbican Centre announced · London Symphony Orchestra funding renewed · City of London Corporation confirms commitment to developing Culture Mile · Centre for Music will not be progressed The City of London Corporation has reinforced its commitment to embedding culture at the centre of the Square Mile’s post-Covid recovery with a series of commitments [...]