U-turn: Amazon says it will NOT block UK Visa credit cards from Wednesday in last minute deal January 17, 2022 Amazon just said it will no longer block UK Visa Credit cards from Wednesday, as the e-com giant initially planned to do. Under a last minute deal, UK-issued cards will still be allowed to carry payments, the company said. Amazon said it is “in talks” with Visa to reach an agreement. ‘Applying pressure’ Responding to [...]
Exclusive: MyTutor snaps up tech platform amid digital skills shortage January 17, 2022 MyTutor has snapped up Fire Tech, a coding and technical training platform for children, in a merger aimed at improving digital skills.
Second homeowners who flipped holiday home set to pocket £191m despite upcoming crackdown January 17, 2022 About £191m of new pandemic grants from the Government is coming to second homeowners’ pockets, for those who flipped their holiday homes into letting businesses. The revelations come despite a new crackdown, announced at the end of last week. Councils across England have started distributing £635m in grants to businesses affected by the Government’s Plan [...]
Banking star and former Lloyds chief Antonio Horta-Osorio resigns at Credit Suisse after damning probe into personal actions January 17, 2022 Well-known global banker Antonio Horta-Osorio, the former boss of Lloyds Banking Group, has resigned as chairman of Credit Suisse after less than 12 months following an investigation into his personal actions. Antonio Horta-Osorio, who steered lending giant Lloyds back into private ownership after its 2008 financial crisis bailout, said in a statement issued by Credit [...]
Your money in 2022: Personal finance trends to keep an eye on this year January 16, 2022 What personal finance trends are likely to shape 2022? New research shared with City A.M. looks at the sentiment and behaviours for this year. The pandemic, mixed with wider economic issues and the rising cost of living, appears to have had an effect on Brits’ relationship with money, because the findings from consumer research platform [...]
Crypto job ads jump 400 per cent in a year, says LinkedIn January 15, 2022 Crypto related job adverts on LinkedIn increased five fold in 2021 amid an explosion of interest in digital assets and NFTs.
Weekend Read: Growing number of companies opt for four-day week as Brits want better work-life balance January 15, 2022 After Atom Bank said it planned to introduce a four-day working week, at the end of last year, a growing number of companies are looking to introduce the so-called ‘4-3 model’. Panasonic and Bolt have become the latest employers to shave off one day a week. They are following the trend that more and more Brits [...]
Exclusive: Mayor of Newham Rokhsana Fiaz OBE on why local boroughs should capitalise on Londoners’ data January 15, 2022 Having received £40m from the Government’s levelling up fund to help build a ‘data corridor’ in London, Rokhsana Fiaz, the Mayor of Newham, argues open data is vital for the capital’s economy. The Council recently launched ‘Newham Sparks’, an initiative to attract investors to develop a data corridor in London, targeted at businesses working in [...]
Binance chief ranks among the world’s richest billionaires January 14, 2022 The chief executive of Binance, the world's largest crypto exchange, now ranks among the world's richest billionaires.
Google feels lucky in London: Tech giant bets big on London office space in major boost for capital’s global status January 14, 2022 Google is set to pump almost three quarters of a billion into London in a major vote of confidence in the capital’s post-Brexit future. The tech giant has snapped up the entirety of the Central Saint Giles development in which it currently leases office space, marking a major step change in the firm’s commitment to [...]
