As the chancellor embraces Bitcoin, could it soon be integral to commerce in the UK? August 6, 2014 Charlotte Bowyer, digital policy researcher at the Adam Smith Institute, says Yes. Given the right conditions, digital currencies could revolutionise payments processing and become an integral part of UK commerce. Paying online with Bitcoin could become a serious alternative to using Visa or PayPal – if they don’t adopt the technology themselves. The low fees [...]
City Moves for 23 July 2014 | Who’s switching jobs July 22, 2014 Saxo Bank Alessandro Bressan has been appointed global head of equity products at the online multi-asset trading and investment specialist. He was most recently at Deutsche Bank, where he was global head of dbIntegrate sales. Bressan has also held roles on Morgan Stanley’s equities electronic trading desk. Atkins The engineering and project management firm has [...]
Where to drink May 27, 2014 London shows no sign of the summer slump as we head towards June, with a variety of bars and clubs launching in all corners of the capital. Jason Atherton’s rise to the top continues quite literally with his new bar at City Social. Situated on the 24th floor of Tower 42 on Broad Street, it [...]
A mean, green, plug-in machine April 22, 2014 The new Mitsubishi Outlander lasts and lasts – it might just be the SUV to clean up the City BATH is a beautiful spa town with World Heritage City status. But its traffic is terrible. If you thought the City was bad, try Bath at 8am on a weekday. It’s the perfect place to sit [...]
A Great British beast of a sports car April 14, 2014 It may not be in the same league as the P1 but the 650S is the best consolation prize anyone could hope for THE McLaren P1 hyper-hybrid might just be the greatest car in the world right now. But it costs nearly a million quid, only 375 are being made and I haven’t been allowed [...]
GKN’s shares climb as firm buys Williams’ hybrid power division April 1, 2014 GKN’S share price surged over two per cent yesterday, after the engineering group said it had agreed to buy a hybrid power unit from Formula One team Williams Grand Prix Engineering. The FTSE 100 firm is acquiring Williams Hybrid Power (WHP) for an initial payment of £8m. Further payments may be made depending on future [...]
Mick the miner raises $3.75bn for new deals March 31, 2014 THE FORMER boss of mining giant Xstrata is back on the acquisition trial after raising up to $3.75bn (£2.25bn) from five institutional investors. Mick Davis, dubbed Mick the Miner for his successful mining exploits, has raised the money through his X2 Resources company vehicle, which will use the money to invest in various metal and [...]
London Assembly warns of the forgotten green impact of HS2 February 24, 2014 THE PLANS to build the first leg of the High Speed 2 railway ignore many effects on Londoners’ health and well-being, the London Assembly said yesterday. Extra noise, lost green space and air pollution kicked off with a decade of construction work should be included in the government’s cost-benefit sums, it added. The Assembly was [...]
Digital natives are having tech children and creating a tidal wave of disruption | City A.M. February 3, 2014 THE NEXT time you are puzzled by an app on your smartphone, the chances are that your three year-old will have the answer. An astonishing 57 per cent of children aged three to five can operate at least one mobile app, up from 19 per cent in 2012. The third anniversary of the Digital Diaries [...]
Digital natives are having tech children and creating a tidal wave of disruption February 2, 2014 THE NEXT time you are puzzled by an app on your smartphone, the chances are that your three year-old will have the answer. An astonishing 57 per cent of children aged three to five can operate at least one mobile app, up from 19 per cent in 2012. The third anniversary of the Digital Diaries [...]