‘Consent or pay’ cookie models allowed across UK websites January 23, 2025 The use of “consent or pay” cookie models is now acceptable for UK websites, as long as data protection laws are met, says information watchdog. The Information Commissioner’s Office (ICO) has announced that the UK’s top 1,000 websites will be brought into compliance over cookie policies. Under this, it has produced guidance on using ‘consent [...]
Bank of England policymaker: ‘Dragons of market discipline are alive and well’ January 23, 2025 "There have been spikes in yields in a number of individual countries in recent years, including the UK, that indicate the dragons of market discipline are alive and well," she said.
Bridgewater founder Ray Dalio: UK economy at risk of ‘debt death spiral’ January 21, 2025 Ray Dalio, founder of hedge fund Bridgewater Capital, warned that the UK economy was at risk of a “debt death spiral” following the recent bout of bond market instability. In an interview with the Financial Times, Dalio warned that the government faced the prospect of having to borrow more and more from financial markets in [...]
‘America first’: Donald Trump sworn in as 47th President January 20, 2025 Donald Trump has been sworn into office as the 47th president of the United States, with a claim that “America’s decline is over.” The Republican politician took the oath of office in the rotunda of the US Capitol building in Washington D.C. on Monday after below freezing temperatures saw the ceremony moved indoors. President Trump [...]
X and Meta: Who’s benefiting from Tiktok’s brief hiatus? January 20, 2025 As Tiktok temporarily went down on Sunday afternoon, rival social media platforms such as X and Meta scrambled to fill the void left by the app’s absence. Several competitors moved quickly to capitalise on its downfall, hoping to attract its 170m US user base by picking up its various features. Before the ban took effect [...]
How City of London investors are bracing for Donald Trump 2.0 January 20, 2025 City investors are bracing for four more years of unpredictability on the global markets as Donald Trump returns to the White House as president. After banging the drum for punitive trade tariffs and US protectionism in recent months, Trump’s second term is expected to inflict more turmoil on global markets than outgoing president Joe Biden. [...]
FCA chair: Our growth push will test UK’s risk appetite January 20, 2025 The Financial Conduct Authority’s (FCA) push to slash red tape and unleash growth in the City will test the UK’s appetite for risk, its chair has warned, accepting that two of its new proposals could open the door to more fraud and mortgage defaults. Writing in City AM today, Ashley Alder said the FCA will [...]
‘It’s caused uproar’: Inside the fallout from WPP’s four-day office week mandate January 20, 2025 Earlier this month, WPP’s Mark Read sent an all-staff memo ordering employees back into the office for four days a week. With staff fearing an exodus of talent and a petition calling on the policy to be revoked, reaching nearly 20,000 signatures, Ali Lyon tells the inside story of a firm known for its brand [...]
Starmer’s value for money office might be a waste of money, MPs warn January 20, 2025 Keir Starmer’s new value for money office might be a waste of money, an influential group of MPs have warned in a sceptical report. The newly-established Office for Value for Money (OVfM), which Labour pledged to set up ahead of the election, is supposed to improve government competitiveness and crackdown on waste. But concerns have [...]
‘The Silicon Beach dream was a lie’: Onbuy quits home with parting shot January 16, 2025 Technology company Onbuy has quit its home town of Bournemouth and hit out at the local council saying there is no support for the industry. Chief executive Cas Paton took to LinkedIn to announce the news that the business will now mainly operate from London and New York. He added that while Onbuy “will always” [...]