Digital Assets Week: Conversations from the corriDAW November 18, 2022 Lord Holmes wraps up Digital Assets Week with some thoughts on the common themes from conversations in the corridors.
Ex-spy chief warns balloon ‘gross transgression’ as US denies alien links February 14, 2023 A former head of MI6 has warned of a “gross transgression” by the Chinese authorities in sending a spy balloon into US airspace and urged the UK to “wake up” to the threat posed. Sir Alex Younger, who ran the UK’s foreign intelligence service from 2014 to 2020, told the BBC on 14 February that [...]
Competition watchdog pressures government to take on tech giants July 1, 2020 The Competition and Markets Authority (CMA) has said existing UK laws are not suitable for effective regulation, calling on the government to overhaul its structure so it can better tackle tech market dominance. The watchdog said it needs more support to govern the behaviour of “major platforms funded by digital advertising, like Google and Facebook”, [...]
Regulators raise concerns as investors swap shares for crypto April 11, 2022 Natwest has revealed more of its customers invest in crypto than shares, as the popularity of digital assets continues to soar.
FCA orders challenger banks to stop cutting corners in combating money laundering April 22, 2022 One of the UK’s main regulators has warned challenger banks to stop cutting corners in combating financial crime so that customers can set up accounts quickly and easily. Sarah Pritchard, who heads the market division of the City regulator, said that there cannot be a “trade-off” between getting customers to come into the fold and [...]
Coronavirus: CMA investigating holiday firms over refund claims May 21, 2020 The UK’s competition watchdog is investigating package holiday firm’s over their failure to refund customers for cancelled holidays. According to its latest statistics, the Competition and Markets Authority (CMA) has received over 60,000 complaints from customers regarding the coronavirus crisis since 10 March. Of these, it said that 27,000 related to complaints about “unfair practices” [...]
CMA clears Amazon’s £442m Deliveroo stake despite delivery firm’s coronavirus turnaround June 24, 2020 Britain’s competition watchdog has provisionally cleared Amazon’s £442m investment in Deliveroo, saying that it is “not likely to result in a substantial lessening of competition”. The Competition and Markets Authority has been looking into whether the deal would damage competition in either restaurant delivery or online convenience grocery delivery. The decision to let the investment [...]
British American Tobacco appoints new chief executive as as analysts predict something’s ‘not right’ at BAT May 15, 2023 British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping down after about four years. Marroco started working for the tobacco firm in Brazil in 1992 and was appointed to the board in 2019. Bowles, who also joined the board in 2019, has led the maker of [...]
Nuclear Waste Disposal could create thousands of jobs February 1, 2023 Building a geologically safe nuclear waste site deep underground along with the Government’s planned creation of small modular nuclear reactors across the UK could mean thousands of new jobs over the next 25 years whilst ensuring the UK’s future energy needs. That’s according to Corhyn Parr, the woman responsible for the UK’s nuclear waste disposal programme. Ms [...]
City Pages: 5 books on the changing world of work September 18, 2023 We review five new-in titles that re-examine our relationship to our jobs in the brave new post-pandemic world of work.