Green with envy: companies around the world have pledged to go net zero without a plan to get there July 29, 2021 There has been an avalanche of commitments to reduce emissions, from private companies to governments around the world. More than 20 per cent of the world’s largest corporations have set net zero targets and most major economies have committed to achieving net zero by the mid century. Yet, with the existing policies, we are currently [...]
Taking a walk on the wild side of Sardinia October 9, 2021 Flying into Sardinia’s Cagliari, the ancient city spreads out below you, and then gives way to the packed beach resorts of Costa Smeralda. Cagliari’s rich in history and culture, and the resorts’ nightlife is amongst the most vibrant in the Med, but the last thing I wanted was to be surrounded by other holidaymakers. I’d [...]
DeFi can surpass traditional finance, institutions need to embrace it now January 7, 2022 We imagine partnerships will emerge, and interoperability between traditional and decentralised financial companies will become the norm, says Rob Gaskell.
Competition watchdog risks ‘killing’ British tech firms, startups warn March 3, 2020 The UK competition watchdog risks “killing” rising British tech companies by launching lengthy investigations while global rivals are free to pull ahead, startups have warned. In a letter to chancellor Rishi Sunak, seen by City A.M., industry body the Coalition for a Digital Economy (Coadec) said the Competition and Markets Authority’s (CMA) “eleventh-hour interventions” risked [...]
As bills go up, we need to brace for a pretty chilly winter in the UK October 15, 2021 As usual, Destiny’s Child was right. Bills, bills, bills, as the iconic girl group put it, put friction into our relationships and left us acting dumb. This winter they’re going up. As inflation starts to bite we’re going to find it tougher to make ends meet. From groceries to energy, the cost of everything is [...]
Citypages: Books to look back and books to look forward December 17, 2021 Central Banking 101 by Joseph Wang If you did not know what yesterday’s rate rise from the Bank of England meant, this book is for you. Over the last year, words like quantitative easing have been thrown around with surprising regularity, as happened to other concepts normally relegated to the financial pages. Central Banking 101 [...]
A culinary pilgrimage through Austria’s spectacular Tyrol February 2, 2022 I was on a pilgrimage to Tyrol in the Austrian Alps, albeit one to satisfy the stomach more than the soul. A culinary journey of rediscovery, if you will. But the first meal I had was far from heavenly – a dry Schnitzelsemmel. Worse still, it was at a motorway service station. Retrospectively, the breaded [...]
Even entertaining a nappy tax exposes No10’s muddled plans for plastic waste and climate change September 1, 2021 When I saw the front page of the Daily Mail over breakfast this morning, I nearly choked on my Shreddies. It’s possible George Eustice did, too, given his department rapidly denied today’s headlines that government is contemplating a levy on disposable nappies. Perhaps someone in Whitehall got the wrong end of the stick. Considering Ministers’ contempt for [...]
Even entertaining a nappy tax exposes No10’s muddled plans for plastic waste and climate change – CityAM : CityAM September 1, 2021 When I saw the front page of the Daily Mail over breakfast this morning, I nearly choked on my Shreddies. It’s possible George Eustice did, too, given his department rapidly denied today’s headlines that government is contemplating a levy on disposable nappies. Perhaps someone in Whitehall got the wrong end of the stick. Considering Ministers’ contempt for [...]
Watchdog launches investigation into Amazon’s Deliveroo investment October 16, 2019 The competition watchdog has launched a probe into Amazon’s investment in food delivery app Deliveroo. The Competition and Markets Authority (CMA) today said it would investigate whether Amazon’s investment would “result in a substantial lessening of competition”. The e-commerce giant led a $575m funding round in Deliveroo in May. Read more: CMA puts brakes on [...]