Complete decentralization enables blockchains to offer real-world utility February 8, 2023 When you are assessing a crypto project, what do you look for? Despite the current trend being all about the price of the coin on an exchange, the main assessment could be based on the answer to “what does the project actually enable”? One of the most popular answers is “DeFi offerings”, and unfortunately that [...]
100,000 civil servants to walk out on Budget Day, union says February 7, 2023 Around 100,000 civil servants are set to strike on Budget Day, their union has announced, amid a campaign of walkouts over pay disputes. The Public and Commercial Services Union (PCS) said it was escalating action after a “lack of movement” from the government over its concerns over pay, pensions and job security. Walkouts will take [...]
BEIS break-up: New department will help government combat energy crisis, argue experts February 7, 2023 Experts say the break-up of BEIS and the emergence of a new energy department could improve government decision making.
Sunak’s reshuffle: Shapps, Badenoch, Hands and Donelan in new cabinet roles after Zahawi’s sacking February 7, 2023 Prime Minister Rishi Sunak has appointed Greg Hands, a former trade minister, as the chair of the Conservative party after Nadhim Zahawi was sacked last month. The Department for Business, Energy, Industry and Strategy has also been broken up into two separate bodies. Grant Shapps, the former Business Secretary has been appointed Secretary of State [...]
Me? A Bank CEO?: First Direct’s boss on his unusual route to the top February 7, 2023 CEO of First Direct Chris Pitt speaks with City A.M.’s Editor Andy Silvester about his unusual route to the top of the bank and setting his sights on even loftier ambitions for Britain’s young people First Direct boss Chris Pitt and I are walking down towards City A.M.’s offices near Monument. It’s a walk down [...]
Nationwide, Virgin Money and TSB rapped by Which? for leaving website and app ‘doors open’ to scammers February 7, 2023 Websites and apps used by customers of some of the UK’s largest banks are missing crucial security protections, potentially leaving “open doors” for scammers, consumer group Which? has claimed. Which? tested the customer-facing security systems of 13 current account providers from September to November 2022, with help from security experts at Red Maple Technologies. Account [...]
Earthquake in Turkey and Syria: UK sends 76-strong team as death toll passes 4,000 and hunt for survivors continues February 7, 2023 The death toll surged past 4,000 as rescuers in Turkey and Syria worked overnight to find more survivors of the 7.8 magnitude earthquake that hit the region early on Monday. Survivors cried out for help from within mountains of debris as first responders contended with rain and snow. Seismic activity continued to rattle the region, [...]
Forget writing letters to stay at home mums, we need to rethink tax-free allowances February 7, 2023 Britain has a productivity and employment problem and the government, try as it might, can't get the over 50s or parents back to work. Changing tax-free allowances might be the ticket, writes Alex Petropoulos
The Lord Mayor’s Appeal and The Pret Foundation to Host The Lady Mayoress’s Sleep Out February 6, 2023 The Lord Mayor’s Appeal and Pret A Manger’s charity, The Pret Foundation, whose focus is to help alleviate hunger, poverty and homelessness, will join forces with Lady Mayoress Felicity Lyons and Lord Mayor Alderman Nicholas Lyons this March for the second annual Lady Mayoress’s Sleep Out. Taking place at Guildhall Yard overnight on Thursday 16 [...]
Brexit supporters admit leaving EU was a ‘disaster’ after ‘a drink or two’, ex home sec Amber Rudd says February 6, 2023 Former home secretary Amber Rudd has claimed that some Brexiteers, after “a drink or two”, will admit that the decision to leave the EU has been a “disaster”. Ms Rudd, who stood down as an MP in 2019 amid internal Tory Party clashes over the handling of Brexit, also said she could not be in [...]