Make green the new normal of financial services August 12, 2020 On the 26 March, the UK was bedding in to the first week of a “new normal”. Lockdown had just begun and we were all adjusting to a completely different way of interacting with our colleagues, friends and family. On the same day, $26 trillion was wiped off the value of global equity markets, as [...]
Crypto AM shines its spotlight on Novum Insights August 11, 2020 Staying ahead of the trends in these times of ever-accelerating technology change provides real opportunity but has also never been more challenging. The blockchain and crypto markets are some of the best placed to ride this wave. This is because the real-time data from these markets is being created by networks, which were specifically designed [...]
How to fail in fixing Crypto Projects : Underestimate The Hype Factor August 11, 2020 Phew! I mean, literally, “PHEW!” I just finished a two-month consultancy for an emerging crypto project. I usually stick to blockchain and avoid crypto, but this project looked exciting, and it helped that a trusted colleague made the introduction inviting me to provide strategy and support. Just like the crypto project that got me into [...]
In love with Amazon? It’s just a marriage of convenience August 11, 2020 And just becauseI call you upDon’t get me wrong, don’t think you’ve got it madeI’m not in love, no no, it’s because…. I’m sure you recognise those lyrics from the 1975 hit “I’m Not In Love” by 10cc — which was precisely 20 years before Amazon was launched onto an unsuspecting world. If only we’d [...]
Is there any method to the market’s madness? August 11, 2020 “Unprecedented” has been the most overused phrase to describe this year’s events. “Mystifying”, however, might be the word a visitor from Mars would use to describe some of 2020’s market moves. The world economy is set to see the largest contraction since the Second World War, and the UK the largest fall in economic activity [...]
Top City restaurateur explores outdoor seating in post-lockdown Square Mile August 10, 2020 A top London restaurateur is preparing to launch an outdoor seating area at his venue Bank in a bid to encourage consumers to visit the Square Mile restaurant following the UK’s coronavirus lockdown. The outdoor seating plans at 1 Lombard Street, which restaurant boss Soren Jessen is preparing to submit to the City of London [...]
Activist investor Everest prevails in Petropavlovsk board battle August 10, 2020 Investor Everest Alliance has prevailed in a bitter boardroom showdown with Petropavlovsk as shareholders elected not to reappoint former chief executive Pavel Mavlovskiy. Shares plummeted on the back of the results, falling 8.7 per cent in the immediate aftermath of the meeting. Along with six other directors, Mavlovskiy was voted out at the firm’s previous [...]
FTSE 100 climbs on economic recovery hopes August 10, 2020 The FTSE 100 pushed higher today as investors shrugged off concerns about ongoing tensions between China and the US and focused on positive signs of economic recovery. The blue-chip index was up 0.93 per cent at 6,087 points in early trading, before dipping to a 0.42 per cent rise shortly before 3pm. The positive start [...]
MPs urge watchdog to probe BBC jobs cuts amid fears over local output August 10, 2020 A group of MPs has urged Ofcom to probe the BBC’s plans to cut hundreds of jobs in its local news division amid concerns the broadcaster is failing in its public service obligations. In a letter to Ofcom chief executive Dame Melanie Dawes, the MPs called for an urgent response to the proposed cuts before [...]
Welcoming Londoners back to Finsbury Circus Gardens August 10, 2020 This month, the Square Mile’s largest open space and London’s first public park is opening once more after being closed for 10 years due to Crossrail works. We are delighted to reopen the beautiful Finsbury Circus Gardens for the public to enjoy this summer, as staff begin to return to the City for work. Finsbury [...]