Eager for a house price fall? It’s time for a lesson in economics January 15, 2019 Would it be a good thing if house prices in the UK fell? The British public, a host of commentators on Twitter, and even some economists seem to think so. A recent YouGov poll asked Britons whether a 30 per cent fall in property values after Brexit would be a “bad thing”. Just 32 per [...]
Token Intelligence: When the revolution begins October 9, 2018 When will it kickoff? It already has! (You just cannot see it yet). Perhaps the most enjoyable part of my role these days is that I get to meet some of the brightest minds in business, not least via ICOrad.io interviews, but also strategy sessions – this last week with a sector leading CEO who [...]
Barclays takes up significant stake in London fintech Marketinvoice | City A.M. August 2, 2018 Barclays today announced it has acquired a significant minority stake in London-based fintech Marketinvoice, in a deal that will utilise the startup’s technology to provide £1bn in capital for the UK’s small businesses. City A.M. understands the deal will also see Barclays lead Marketinvoice’s upcoming series B fundraising round, which is due to close in [...]
London house prices set to hit lowest growth levels since financial crash September 10, 2018 London house prices are set to drop 0.7 per cent next year, marking the lowest annual rate of growth in the UK’s property market since the 2008 financial crisis. Big Four accountancy firm KPMG has projected that property prices in the capital will continue to fall until 2021 in a report out today that suggests [...]
How the UK can work with Japan to make the world a safer and more stable place December 4, 2018 The language of diplomacy can sometimes be very general. Diplomats and politicians invoke the idea of “partnerships” and “strong bilateral relations” without making clear to their citizens why they matter or what the benefits might be. Talk about trading opportunities gives a sense of something practical emerging from these sorts of relationship, but trade and investment is just [...]
Over a quarter of Londoners want to become entrepreneurs in the London startup scene September 28, 2018 More than one in four Londoners want to start their own business, according to a new survey from technology product designer Studio Graphene. Millennials and parents with children under the age of 18 are the most likely to hold this ambition, with 45 per cent of young people and 41 per cent of parents [...]
Chinese ride-hailing firm Didi Chuxing suspends its carpooling service after a passenger was killed August 26, 2018 Chinese ride-hailing firm Didi Chuxing has suspended its Uber Pool-esque service Hitch nationwide, after a woman was raped and killed by a driver in Wenzhou. The company said in a statement that the suspension was the result of "disappointing mistakes", while it takes time to reevaluate Hitch's business model. A 20-year old woman only identified by [...]
An election is the last thing we need – and voters would punish politicians for calling it September 25, 2018 Theresa May’s Brexit negotiations with the European Union are going very, very wrong, and there is now speculation that the UK could be heading for a snap election — cue eyerolls and yawns nationwide. Both the ruling Conservatives and opposition Labour party appear to be considering the possibility of a snap election as early [...]
Crispgate: Walkers announces new recycling scheme for crisp packets October 5, 2018 Walkers has announced a new recycling scheme two weeks after Royal Mail asked anti-plastic campaigners to stop posting empty crisp packets without envelopes. From December fans of the savoury snack company can post used packets in envelopes free of charge, directly to a recycling company. All brands of crisp packets will be accepted as part [...]
Growing the UK games industry’s success shouldn’t be taxing October 18, 2018 The video games industry is one of the UK’s great success stories. Last week’s report by the British Film Institute (BFI) showed that the sector is thriving, describing it as a “significant entertainment industry”, which has produced a “wide array of globally successful and culturally impactful entertainment products”. At The Independent Games Developers' Association (TIGA), [...]