CMA Chief exec: Crack downs on tech monopolies will safeguard London’s competitive edge October 21, 2021 Effective competition is the lifeblood of a thriving economy. The chance to succeed with hard work and a good idea is a source of hope, and opportunity to entrepreneurs everywhere. While monopolies stifle innovation and focus on protecting their existing profits, competition leads to vibrancy and new ideas. Ensuring digital markets are competitive is a [...]
Google owner Alphabet beats revenue expectations as ad spend recovers April 27, 2021 Google’s parent company Alphabet beat Wall Street estimates for the first quarter amidst a recovery in digital ad spend. Revenue rose to $55.31bn in the first quarter from $41.16bn a year earlier, beating analyst estimates of $51.7bn according to Refinitiv data. Alphabet shares rose about five per cent to $2,405 in after-hours trading. Digital advertising [...]
New tech regulation mustn’t be allowed to stifle innovation June 3, 2021 There is scarcely any market that could not be described as digital in 2021. In ten years time, the phrase ‘digital market’ will be, effectively, redundant. We should be concerned, then, by the creation of a powerful new regulator with a remit to cover all ‘digital markets’. Read more: UK says any global tax deal [...]
Crypto mania, financial contagion and the ‘Goldilocks Zone’ May 3, 2022 From the gold fever of the 1840s and 1850s and the bicycle bubbles of the 1890s to the bowling manias of the1960s and the dot-com boom of the 1990s and early 2000s, our animal spirits are forever in search of greener pastures. In recent times, the financial herd has stampeded into the field of cryptocurrency. [...]
The City View: CMC Markets analyst Michael Hewson December 16, 2020 In the last City View podcast before Christmas, Andy Silvester talks to CMC Chief Market Analyst Michael Hewson as they look back on 2020 and dabble with predictions for 2021. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Michael looks at the possibility of a UK-EU trade deal, the prospects for the pound next year, the impact [...]
Tom Brady throws game-changing pass into the NFT world April 8, 2021 Record-breaking Super Bowl champion Tom Brady is the latest celebrity to throw his hat into the NFT ring.
Hong Kong media tycoon denied bail in landmark security law case February 23, 2021 A Hong Kong court denied media tycoon Jimmy Lai bail on Tuesday due to the risk of him committing further offences. The case is being closely watched as it shows how Hong Kong’s independent judiciary resolves conflicts between the security law drafted in Beijing. Guilty until proven innocent New legislation puts the duty on the [...]
The best of wine tourism within day-trip distance of London April 15, 2021 The warm sun on my back, I sip a delicious glass of wine looking across a sweeping vista of vines with the rolling green countryside stretched out before me towards – yes, could that possibly be? – the distant sparkle of the sea and a blue-sky horizon. Have I thrown lockdown travel precautions to the [...]
Cutting edge tech rarely sits still, so why is ESG slowing things down? November 2, 2022 Dr Chris Kacher turns his attention to energy consumption in world economics and what effect ESG is having on progress.
More shame than a name: Will the real Mark Zuckerberg please stand up? October 29, 2021 What’s in a name? asks a star-crossed lover. The answer, she discovers, is everything. The tragedy of Romeo and Juliet is the realisation that neither can escape the fate dictated by their two names: Montague and Capulet. In Silicon Valley, one firm has alighted on a similar problem. Facebook’s leadership has realised, at last, that [...]