The mayor must speak up for ambitious Londoners and for businesses — not call for further restrictions October 13, 2020 Sadiq Khan is arguably under more scrutiny — and subject to some of the harshest criticism — than any politician in the country. Much of it is unfair. London remains a city with an illusion of a mayor, rather than one with the power to make decisions for the good of the city and its [...]
Facebook donates £1m to Bletchley Park after Covid-19 hit October 13, 2020 Facebook has donated £1m to Bletchley Park to help the World War Two code-breaking hub survive the impact of the coronavirus pandemic. The social media platform described Bletchley Park as “one of the UK’s national treasures” and said its donation aimed to help keep it open to the world. During the Second World War Bletchley [...]
Alex Cruz: Five days to forget for the outbound British Airways boss October 12, 2020 The travel world awoke to a shock this morning as it was announced that British Airways boss Alex Cruz would leave the firm with immediate effect. He departs with aviation mired in the deepest crisis in its history, with passenger numbers still at historic lows due to the coronavirus pandemic. The decision is the first [...]
Betfair: Why the 2020 election is most like Obama’s win in 2008 October 9, 2020 Joe Biden is trading around his lowest odds yet to win the 2020 US election following a sustained gamble. Going into the first debate, he and Donald Trump’s respective chances implied by Betfair Exchange odds stood at 56 per cent to 44%. Today they are 65 per cent and 35 per cent. A great deal, of course, has [...]
Reviews website Trustpilot mulls £800m London float October 8, 2020 Business review platform Trustpilot is muling plans involving a London flotation that could take place as early as next year. The Copenhagen-based firm is understood this week to have held talks with a number of investment banks about plans for a debut on the London Stock Exchange, Sky News first reported. A spokesperson for Trustpilot [...]
Staff at British banks ‘forced to turn off NHS Covid tracing app at work’ October 8, 2020 Branch staff at some of the UK’s biggest banks say they are being put at risk by rules that require them to keep their phones in lockers at work, leaving them unable to use the NHS Covid-19 contact tracing app. Lloyds and TSB are among the lenders advising employees in branch to deactivate the contact [...]
UK and EU should reach trade deal, says BoE governor Andrew Bailey October 8, 2020 Bank of England governor Andrew Bailey said he believed the UK and European Union should be able to reach a trade deal. “I do think it is in the interests of both sides – let’s be blunt – to get an agreement,” he said. Read more: BoE’s Andy Haldane warns against ‘Chicken Licken’ economic pessimism [...]
Beyond Imagination: What’s next for the scandal-hit British chipmaker? October 7, 2020 Imagination Technologies this week confirmed the appointment of telecoms veteran Simon Beresford-Wylie as its next chief executive, marking a new chapter for the British chipmaker. The Hertfordshire-based tech firm has been no stranger to scandal in recent months, with MPs lashing out at the company’s ties to a major investor linked to the Chinese state. [...]
City workers committed to the commute despite PM’s working from home u-turn, TfL data shows October 7, 2020 City workers committed to the commute despite Boris Johnson's working from home u-turn, according to new Transport for London
Citigroup fires employee who ran QAnon conspiracy website October 7, 2020 Citigroup has sacked an employee in its technology department after it emerged he ran a popular website dedicated to the QAnon conspiracy theory. Jason Gelinas, who worked as an information technology specialist, was identified by fact checking website Logically.ai as the operator of the website QMap.pub. He was initially placed on leave from the investment [...]