Wikileaks goes on tweeting bender, accuses everyone from George Soros to the US government of being behind Panama Papers leak April 7, 2016 It's no secret Wikileaks is pretty put out by the fact it wasn't the one to leak the Panama Papers. The organisation, which has been behind some of the biggest whistleblowing data leaks over the past few years, has spent much of the past week making it known how disgruntled it is, with tweets like "WikiLeaks didn't lead [...]
Cyber shock: Compliance staff perhaps the most likely to steal insider data April 6, 2016 It's always the quiet ones, isn't it? Research seen exclusively by City A.M. suggests that you might want to be keeping a closer eye on your compliance staff when it comes to safeguarding sensitive information. The report by FTI Consulting discovered that 60 per cent of compliance staff would consider taking data belonging to their [...]
Blockchain just had two major firsts with new social payment app Circle, Barclays and Britain’s financial regulator April 6, 2016 London may be the centre of fintech innovation, but there’s one huge trend we’ve failed to jump on board with yet – social payment apps. Messaging your mate with that fiver you owe for last night’s round at the pub and a big smiley face emoji is pretty common in the US and China, especially [...]
Moneycorp warns over uncertain year ahead as Brexit fears bite April 6, 2016 Moneycorp, the foreign exchange firm recently granted a banking licence in Gibraltar, has warned the outlook for 2016 is uncertain due to doubts surrounding a potential British exit from the European Union. A so-called Brexit could cause extreme currency volatility that firms are finding difficult to prepare for. Yesterday it was revealed Britain’s foreign currency reserves reached a [...]
Cab Wars: Research shows Uber is growing despite negative headlines April 6, 2016 As the London mayoral election approaches, it seems like a good time to consider Uber, a company that has divided opinion in the capital. The black cab industry has suffered since the emergence of Uber and its online app. Rows have arisen over regulation, metres and customer safety. City streets have seen several gridlock-causing protests. [...]
Panama Papers: Indiscriminate attacks on offshore centres fail to recognise how essential they are April 6, 2016 Indignation and outrage. This has been the default response from people across the world to the allegations made in the so-called Panama Papers. I am not surprised. The claims made following analysis of the 11.5m leaked documents from the Panamanian law firm Mossack Fonseca suggest that it might have been allowing its wealthy international clientele [...]
As a new poll shows the Remain camp pulling ahead, is Project Fear working? April 6, 2016 Ben Page, chief executive of Ipsos MORI, says Yes. Despite the majority of the media tending to favour Brexit, and a more dynamic Leave campaign, the signs are that voters will choose to remain in the European Union on 23 June. The betting markets continue to think so. As with the Scottish Referendum, there will be [...]
Koovs’ share prices leaps by a third after sales at Indian online retailer beat forecasts April 5, 2016 Koovs' share price leapt this morning after the Indian-focused online retailer said sales almost tripled last year to hit £10m for the first time. The company, which was founded four years ago by former Asos chairman Lord Waheed Alli, said sales jumped by 189 per cent to 981m Indian rupee (£10m) in the year to 31 March. Visitors to [...]
The UK: A place where everyone has an opinion about what everyone else should be paid April 5, 2016 "How much do you earn then?” You get asked this a lot when you do media work discussing pay. Last week the topic was the introduction of George Osborne’s National Living Wage – a 7.5 per cent increase in the minimum wage for over-25s from 1 April with significant hikes to 60 per cent of [...]
How to make far better judgements – and why the modern world requires a certain approach in business April 5, 2016 Judgement is one of the most vital aspects of business success – and is especially crucial when building a new venture. It is the mainstay in the face of ambiguity and uncertainty and is a valuable skill to have when experience and information alone may not be sufficient. The importance of judgement has become abundantly clear [...]