The state of the state of Ethereum February 26, 2021 Last week saw record transaction costs on Ethereum, peaking at around $7,000,000 per hour in fees.
Goldman Sachs CEO was right, a remote workforce will sow division, not creativity February 26, 2021 For much of the last year, chatter amongst business leaders has been on the “new normal” and how we’ve adapted to it. Businesses of all shapes and sizes have quickly and comfortably adjusted to a Zoom-based reality. We’ve all heard the doomsayers claiming the transition is the death knell for the office A few large [...]
Exclusive: UK finance leaders want buoyant investment as we enter post-Covid world February 26, 2021 UK finance leaders are gearing up for a year of eager investment as Covid recovery prospects boost economic positivity, according to a report by procurement consultancy Proxima. The survey found that a combination of political change and post-Covid visions are underpinning an overwhelmingly positive outlook. So, what will the future bring for the UK’s wounded [...]
DeFi: Unlocking liquidity for consumers & institutions February 25, 2021 Decentralised Finance (called ‘DeFi’ for short) refers to the distributed applications or financial ‘protocols’ that are built on a public blockchain and are community governed rather than controlled by a centralised entity or intermediary. One way to think of it is as a system of open source “money legos” or components that can be assembled [...]
Goldman Sachs boss David Solomon: Working from home is not the new normal February 25, 2021 Goldman Sachs boss David Solomon: Working from home is not the new normal
The highs and lows of Antonio Horta-Osorio’s decade at Lloyds February 24, 2021 The return to dividend payouts announced today is a strong legacy for the outgoing Lloyds boss, who oversaw the successful turnaround of a bank left reeling from the financial crisis. Antonio Horta-Osorio will step down at the end of April, with finance chief William Chalmers set to take over temporarily before HSBC banker Charlie Nunn [...]
City Corporation approves third tower in a month as developers back Square Mile’s future February 24, 2021 The City of London Corporation has today (24 February) approved a new 38-storey development at 2 Finsbury Avenue, making it the third tall building to receive planning permission in the Square Mile in 2021. The newly approved office-led development, by British Land and GIC, aims to become an innovative, inclusive and sustainable place to work, [...]
Lloyds to slash office space as it resumes dividend despite 72 per cent profit drop February 24, 2021 Lloyds resumes dividend despite 72 per cent profit drop as it unveils wealth drive
Post-Covid offices will become cultural hubs and even art galleries to tempt staff back to the office February 24, 2021 “Ditch the desks and ditch the boardroom! Tell your people to bring their trunks and they will love working for you.” So said Robert Dowling, CEO of Deanlow Consulting in Ontario in 2016, after revealing that his employees spent their days paddling around a company swimming pool with laptops to promote creative thinking. We’re five [...]
Michael Gove to hold crunch Northern Ireland meeting with EU today February 24, 2021 Cabinet Office minister Michael Gove will meet with his EU counterpart today in a crunch meeting to discuss post-Brexit problems at the Northern Ireland border. European Commission vice president Maros Sefcovic, who is the Brussels’ key representative to the UK-EU Joint Committee, said last week he wanted all issues with the Northern Ireland protocol of [...]