How mobile payments platform, Wirex, continues to lead the future of digital banking April 14, 2020 Pavel Matveev, co-founder and CEO of Wirex, spoke with City AM’s James Bowater, to discuss how their unique fintech business is leading the future of digital banking and explains why they are here to stay. Despite the uncertain financial climate and the scepticism that many have around cryptocurrency, we at Wirex are continuing to work [...]
National Express pulls dividend and secures £800m in new cash facilities April 14, 2020 Transport group National Express said today it was scrapping its dividend and keeping future dividends under review as it said it had secured £800m in new cash facilities. National Express said that two of its workers had died of coronavirus globally and that other members of staff were suffering from the virus. The company said [...]
Firms rush to 3D print face masks to meet NHS PPE demand April 13, 2020 Amid a shortage of personal protective equipment (PPE) to keep frontline NHS staff safe in the ongoing coronavirus crisis, hospitals have turned to the 3D printer community for vital safety gear. The UK’s 3D printing firms and the wider 3D printing community have had orders for hundreds of thousands of PPE gear, such as face [...]
Long read: Advertisers look to esports as gamers flock to virtual stadia April 13, 2020 Advertisers might find rich pickings in the world of esports, writes James Warrington Over the last few days, a meme purporting to show a model of a stadium that would seat 1 million people has circulated on social media. The image is probably fabricated and certainly ludicrous — even North Korea has only managed to [...]
Coronavirus: Politicians should reclaim their authority from the medics April 13, 2020 “Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.” –Benjamin Franklin In my latest book, To Dare More Boldly: The Audacious Story of Political Risk, I make a startling but—I hope—entirely defensible claim. The pythia of Delphi, the priestesses that were the mouthpieces for Apollo, the Greek [...]
Coronavirus: The crisis could be the turning point for LawTech April 9, 2020 When we look back on the current coronavirus pandemic, we will see it as a major turning point in history. The scale of this crisis will dramatically reshape society and the entire global economy forever, for better and for worse. Our main focus should be on ensuring that the better outweighs the worse, for moments [...]
Coronavirus: London’s future remains extremely bright April 9, 2020 In recent weeks, millions of us have begun to work from home for the first time. In the current climate of uncertainty, many wonder about the discrete workforce and supply chain that makes their daily life possible, and realise how we are all deeply interlinked, globally and locally. As millions of us make this transition, [...]
Nearly half of UK companies have scrapped dividend payments April 9, 2020 Nearly half of UK companies have scrapped dividend payouts as the coronavirus crisis batters business. The pace of dividend cuts has accelerated since the FTSE 100 slumped to its lowest point in over 25 years last month. Link Group’s UK dividend monitor shows 45 per cent of UK companies have scrapped payments, worth £28.2bn. It [...]
Invesco chiefs warn listed companies over cash calls April 8, 2020 Invesco has told listed companies they must make a convincing case for raising “precious and expensive” equity during the coronavirus pandemic. A letter sent by the co-heads of UK equities at Invesco, obtained by Sky News, sets out their expectations for corporate fundraising. It came after the Financial Conduct Authority (FCA) announced temporary measures to [...]
Do right by Londoners, I’ll do right by you April 8, 2020 Crisis reveals character, something I witnessed many times during my years as a youth worker on the rough streets around Ladbroke Grove. When times are tough we find out who we truly are, both as people and as communities. Right now, times are tough. The toughest they’ve been since the Second World War. The coronavirus [...]