Oxford Summer Courses wins Queen’s award for sustained international growth April 21, 2020 Oxford Summer Courses, a growing education provider founded by two Oxford graduates, has won an award for outstanding achievement in the International Trade category of this year’s Queen’s Awards for Enterprise. The awards recognise the commercial success of British companies in international trade as well as their commitment to corporate social responsibility. The Oxford-based firm [...]
RSM elects new chief executive as Grant Thornton cuts wages April 21, 2020 Challenger accountancy firm RSM last night elected a new chief executive after a marathon virtual general meeting while rival Grant Thornton slashed wages to help survive the coronavirus crisis. RSM announced last night shortly before midnight that former corporate finance head Rob Donaldson had claimed the top job. The Telegraph reported that Donaldson saw off [...]
Richard Branson hits out as Virgin Australia goes into administration April 21, 2020 Billionaire businessman Sir Richard Branson has hit out at the Australian government after low-cost airline Virgin Australia went into administration this morning. In an open letter, Branson, whose Virgin group owns 10 per cent of the airline, wrote: “In most countries federal governments have stepped in, in this unprecedented crisis for aviation, to help their [...]
INATBA plays crucial role as convener of global blockchain ecosystem April 21, 2020 As someone who has been engaged in the global blockchain ecosystem for more than five years, I believe in the vast and far-reaching potential of blockchain, and I work tirelessly with organizations that are committed to help the technology reach mainstream adoption and adaptation. To do so, however, the ecosystem needs to address points of [...]
Cash is king…until it isn’t April 21, 2020 George Zarya is the CEO of cryptocurrency exchange BEQUANT. Founded in May 2018, BEQUANT Exchange averages over a billion dollars in monthly volume with more than 200 active institutional clients. The ongoing fight of the Covid-19 pandemic has accelerated the global trend towards cashless society. Here he argues the case that the days of cash [...]
Ex-chancellor Philip Hammond warns business must be prepared for coronavirus lockdown exit plan April 20, 2020 Former chancellor Philip Hammond has warned that the government must make sure businesses are well prepared for a coronavirus lockdown exit plan. Hammond said it is “vital that business is ready for the green light” when restrictions are lifted in order to mitigate the risk of corporate collapses and job losses. “We don’t know whether [...]
Richard Branson warns Virgin Atlantic needs coronavirus loan to survive April 20, 2020 Virgin Atlantic owner Sir Richard Branson has warned that the beleaguered airline will need government financial support in order to survive the coronavirus crisis. In a blog post to Virgin employees, Branson said: “The reality of this unprecedented crisis is that many airlines around the world need government support and many have already received it. “We will [...]
Coronavirus: The pragmatism and innovation of the City is on full show April 20, 2020 The importance of technology to our everyday lives has become crystal clear over the last few weeks as we all adjust to staying and working from home to protect the NHS and save lives. This transition has been remarkably swift with the pragmatism and innovation of City workers and businesses coming to the fore. In [...]
Coronavirus: The Chinese Communist Party should not be forgiven April 20, 2020 From a complacent pre-virus fairy tale, we are now very much in the midst of a nightmare. But there is a definite intellectual upside to crises, for they clarify reality wonderfully. In this column in January, I baldly and rightly forecasted that the coming year would see the emergence of a Sino-American Cold War as [...]
The Long Read: The coronavirus loan scheme risks failing the people it was designed to help April 19, 2020 When the chancellor, Rishi Sunak, vowed that the government would do “whatever it takes” to keep businesses alive during the pandemic, the immediate reaction from corporate Britain was one of relief. The pledge to pay the wages of employees unable to work and the ambition behind the £350bn package of support (combining grants, sector-specific relief [...]