City of London to spearhead taskforce to tackle lack of class diversity in finance November 24, 2020 The City of London and the government are today launching a joint taskforce to tackle the lack of class diversity in the UK’s financial services sector. The announcement comes as new research found that nine in ten senior roles in financial services are held by people from richer backgrounds. The report, by social equality advocates [...]
Dispute getting you down? November 20, 2020 There are many services provided for small to medium sized businesses that do not get enough credit for their success and efficiency. Mediation is most certainly one of them. For those unfamiliar with the term “Mediation”, picture two or more parties to a commercial, or civil dispute seeking an alternative to the time consuming, extortionately [...]
Crypto AM shines its Spotlight on ByteTree Asset Management November 17, 2020 Bitcoin – acceptance and accessibility An asset still in its infancy Estimates vary, but it’s reckoned that there are about 60m Bitcoin wallets in existence. That seems like a lot until you consider there are around 3.5bn smartphone users on the planet. Assume that smartphone ownership is a pre-condition of digital currency ownership and you [...]
How central bankers see the prospects for digicurrencies November 17, 2020 Last week three of the world’s central bankers met for an online European Central Bank Forum: BoE Governor Andrew Bailey, ECB President Christine Lagarde, and Fed Chair Jerome Powell. Their opinions will affect policy for the near-term—policies that determine inflation, interest rates, economic activity, the sales your company makes and the salaries or raises you [...]
Crypto asset scams: Peril in the age of Covid-19 and related legal reform November 10, 2020 As central banks around the world strive to counter the effects of Covid-19 in their respective economies, prospects of rapid inflation have led investors to believe that crypto assets, could be a good hedge going forward. For example, the price of Bitcoin has surged to more than $15000, boosted by news such as PayPal’s new [...]
Serena’s coach: Tennis is long, slow and too clean November 6, 2020 Tennis may have virtually ground to a halt this year, but one of the world’s most celebrated coaches, Patrick Mouratoglou, has rarely been busier. Mouratoglou, like his clients Serena Williams, Coco Gauff and Stefanos Tsitsipas, has had to adjust to life without much of the usual circuit. His academy on the French Riviera also suffered [...]
Facebook sued over Cambridge Analytica data scandal October 28, 2020 Facebook is being sued over its misuse of data during the Cambridge Analytica breach, opening the social media firm up to further fines for its role in the scandal. A group action lawsuit representing 1m users in England and Wales was filed today to gain “redress and compensation for the persistent mass misuse of personal [...]
UK legal case launched against Fiat Chrysler over diesel emissions October 27, 2020 Auto giant Fiat Chrysler (FCA) is facing a £5bn UK legal challenge over claims that the carmaker concealed the true levels of emissions that its vehicles produced from customers. International law firm PGMBM has issued a case in the High Court alleging that up to half a million cars manufactured since 2008 were fitted with [...]
First Woodford court battle could come this year October 26, 2020 The first of what could be many legal claims relating to the collapse of the Woodford Equity Income fund is expected to be launched by the end of the year, reports emerged today. London laywers Harcus Parker are co-ordinating a class action lawsuit and are believed to be ‘further down the track’ than rivals in [...]
The future is female: COVID-19 fuels a surge in women entrepreneurs October 20, 2020 Amid all the tragedies of the pandemic, there has been one positive side effect: a global reset. A “pandemic pause” is giving the world the opportunity to reflect and recalibrate on such causes as diversity and the environment. We saw clear skies during lockdowns, and are asking how to make those permanent. #BLM is everywhere. [...]