Taxi drivers to protest outside the Evening Standard’s offices over George Osborne’s appointment as editor May 2, 2017 London cabbies are planning to demonstrate outside the Evening Standard’s offices this morning, on George Osborne’s first day as the newspaper’s editor. Taxi drivers will protest from 10am over “fears that the paper could lose its independence and status as the ‘voice of London’ under his leadership”, the Licensed Taxi Drivers Association (LTDA) said today. [...]
UK house prices: Nearly six in 10 (58 per cent) expect the average property price to rise in the next 12 months April 21, 2017 Confidence in the UK housing market has risen following record declines, according to Halifax’s housing market confidence tracker. Nearly six in 10 (58 per cent) expect the average property price to rise in the next 12 months, compared to just one in 10 (14 per cent) who expect prices to fall. In May 2015, a [...]
Why cybersecurity needs more attention from business leaders April 10, 2017 As businesses have become more dependent on technology, their exposure to cybersecurity threats increases – driving a need for boards and senior management to understand the risks. Cybercrime has grown so much that the Office for National Statistics (ONS) recently began including it in official figures. In 2016, a report from the National Crime Agency [...]
What’s the biggest opportunity for UK fintech after Brexit? Here’s what those in the know say ahead of the Innovate Finance Global Summit April 10, 2017 Six experts give their opinion on what the biggest opportunity for UK fintech us after the vote to leave the EU. Mike Laven, CEO Currencycloud Continued international investment in UK businesses, such as ours, indicates faith that the UK continues to be the epicentre of fintech. Entrepreneurs are the masters of dealing with a changing [...]
Fintech: three truths and two myths April 7, 2017 Neal Cross is the chief innovation officer of DBS, Singapore’s largest bank. His role affords him a unique perspective on many issues in fintech. We had a fascinating conversation on the subject. Below are some of the thoughts he shared with me. Myth 1: Fintech start-ups are at war with banks. Neal Cross: I think [...]
Forget a €60bn Brexit bill: The EU should pay Britain to leave April 5, 2017 Why all the alarm that the Brexit waters are getting choppier? Advocates of leaving, like myself, never denied the EU would play tough in any negotiations; it is what one would expect for the opening gambits of any hard-nosed business deal. And that’s what it is, a deal. Likewise, supporters of remaining tied to the [...]
Lloyd’s of London moving EU business to Brussels after Article 50 triggered, according to reports March 29, 2017 As the UK waits for Theresa May to trigger Article 50 and kick off the Brexit process, Lloyd’s of London has reportedly come to a decision on where to move its EU business. The insurance giant will locate its new EU subsidiary in Brussels, according to a report by The Insurance Insider, which revealed the [...]
Amber Rudd’s WhatsApp encryption remarks: Here’s how experts in tech, policy, intelligence and security reacted March 27, 2017 Amber Rudd has sparked concern by suggesting that WhatsApp, the Facebook owned messaging service, should give access to encrypted communications to security services (read more about it here). The remarks came in the wake of the terrorist attack on Parliament and the revelation that the attacker, Khalid Masood, sent a WhatsApp message shortly before. Experts [...]
Deutsche Bank puts faith in Brexit Britain with new City headquarters at 21 Moorfields in 2023 March 24, 2017 Deutsche Bank, Germany’s biggest lender, has given London a resounding vote of confidence by agreeing a 25-year lease on new UK headquarters in the Square Mile. Staff at the bank were informed yesterday of the plan to move to a new development being built at 21 Moorfields, in 2023. Most of Deutsche’s London-based staff currently [...]
Workers return to the Gherkin after fire alert evacuation March 23, 2017 The Gherkin was evacuated this morning, after emergency services were called to reports of smoke in the basement of the City building. London Fire Brigade said: “Four fire engines and 21 firefighters and officers were called to investigate a smell of smoke coming from a generator room in the basement of the Gherkin at St [...]