Green energy — it’s bigger than the internet November 25, 2020 Last week, media outlets across the country suggested a new rule of internet etiquette: scrap unnecessary emails in order to save the planet. We should all, apparently, stop sending “thank you” emails, as the servers transmitting them use even more energy, emitting carbon and contributing to climate change. Don’t get me wrong, I am all [...]
UK housing transactions surge in October due to stamp duty holiday November 24, 2020 UK housing transactions surged in October as the stamp duty holiday reignited the property market following the first coronavirus lockdown. Residential transactions jumped 8.1 per cent to 105,630 last month, compared to October 2019. Activity was 9.8 per cent higher than September, according to the latest statistics from HM Revenue and Customs (HMRC). Non-residential transactions [...]
City watchdog probes Airbnb ahead of New York float November 22, 2020 The UK’s financial watchdog is investigating Airbnb over concerns about the tech firm’s anti-money laundering and counter-terrorist financing systems. The Financial Conduct Authority last year called on UK electronic money institutions to review their compliance on safeguarding customer funds. Airbnb Payments UK (APUK) told the City watchdog that it had identified gaps in its compliance [...]
Could anti-vaxxers be barred from offices, pubs and gyms? November 22, 2020 Banning Covid vaccine refusers from offices, restaurants and other venues may lead to expensive discrimination claims, a leading lawyer has warned, even though it is not unlikely that care operators and the NHS may ultimately bar vaccine refusing staff for safety reasons. With the UK moving closer to the rollout of a Coronavirus vaccine, to [...]
Screenshot: How books became the new media battleground November 20, 2020 A weekly column from City A.M. bringing you all the biggest stories and trends in technology, media and telecoms This week **Media Moment of the Week: French radio kills the Queen **Publish and be damned: How books became the new media battleground **Could Pearson become the Netflix of education? Media Moment of the Week If [...]
Snakes and Ladders: Who is moving jobs in the City this week? November 18, 2020 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Firms are continuing to adapt to the challenges and opportunities presented by the pandemic as they vie to be in prime position to recover from the economic fallout of the crisis. This week, [...]
The best wine to drink with your lockdown roast November 18, 2020 After a brief Indian summer it looks as though things are on the turn in the UK. A change in temperature and government-enforced house arrest mean we have only one thing to look forward to this weekend: the mega roast. One of the many tragedies of the pandemic has been its impact on some of Britain’s great producers, with many relying on restaurants as their route [...]
UK house prices surge to record high in September November 18, 2020 UK house price growth accelerated in September, driving average property prices in London and across the UK to a record high. House prices across the UK increased by 4.7 per cent to £245,000 in the year to September, up from three per cent growth in August. London’s average house prices hit a record high of [...]
Boris Johnson to pump billions into climate change plan and confirms diesel vehicle ban from 2030 November 17, 2020 Boris Johnson has tonight unveiled his 10 point plan for the UK's "green industrial revolution", which he said would create 250,000 new jobs.
Liz Truss: Joe Biden and Democrats are committed to UK-US trade deal November 17, 2020 President-elect Joe Biden and the Democrats are committed to negotiating a UK-US trade deal, according to international trade secretary Liz Truss. Truss said today that talks would continue with the incoming administration, despite widespread speculation that a cross-Atlantic deal may be scrapped by Biden. A source from the former Vice President’s transition team told The [...]