City regulator should force lenders to be more transparent on SME ‘debanking’, MPs urge May 8, 2024 An influential group of MPs has urged the City watchdog to force banks to be more transparent on why they "debank" businesses amid criticism that regulators and lenders are hamstringing growth and innovation among small firms.
Week ahead: Recession signals to flare up in fresh PMI and government borrowing to hit £18bn January 22, 2023 Investors this week will be eyeing fresh surveys for more clues on whether the UK economy has slipped into recession. London’s premier FTSE 100 index’s strong start to 2023 came off the boil slightly last week, shedding nearly one per cent to close at 7,770.59 points, while its mid-cap domestically-focused peer the FTSE 250 dropped [...]
Is there enough student housing for the next cohort of school leavers in September? April 27, 2024 “It’s a good time to enter the market,” Jay Ahluwalia, principal director of Dominus, said. Dominus, which previously focused on hotels and real estate, currently has two student builds in development in London.
Britain’s startups need young Europeans April 27, 2024 The immigration system is designed to attract experienced workers with advanced skills, but UK startups need scrappy and ambitious young people too. A post-Brexit visa scheme for under 30s from the EU would be a boost for growth, says Bella Rhodes The EU’s offer to negotiate a reciprocal visa for young people in the UK [...]
We need green jobs to build bridges between net zero and the cost of living crisis April 11, 2022 London urgently needs a larger specialist workforce to decarbonise its commercial buildings and meet net zero targets. And there is growing evidence that employees in the capital’s built environment industry itself believe that the sector’s workforce lacks the skills required to achieve the UK’s ambitious climate goals. With concern over a widening “green skills gap”, [...]
Europe leads hydrogen race, with UK and US scrambling to catch up October 23, 2023 Europe will be the runaway leader for green hydrogen projects over the next five years, with the UK and US still playing catch-up.
Government ‘asleep at the wheel’ over decarbonisation goals, warns climate body March 9, 2023 The government is "asleep at the wheel" when it comes to decarbonisation, warned the Climate Change Committee.
Crypto Exchange OKX builds user trust by taking proof of reserves to the next level January 19, 2023 In the crypto markets, transparency is everything, and the most important metric to demonstrate transparency is Proof of Reserves (PoR). OKX is leading the industry in transparency through our efforts to prove our holdings using blockchain technology. Proof of Reserves provides assurances that exchanges are able to match customer holdings with an equal or greater [...]
New UK science minister unveils £15m cashpot for satellite comms innovation October 17, 2022 The UK’s new science minister has unveiled a £15m fund for businesses to bolster their satellite communications technology. Nusrat Ghani, who stepped into the position within Liz Truss’ cabinet at the beginning of the month, said the funding will help “to strengthen the UK’s position as a world leader in the satellite communications market” and [...]
John Lewis chair says lockdown retirees should return to work to tackle economic turmoil August 9, 2022 John Lewis head Dame Sharon White has urged the government to encourage lockdown retirees back into work to avoid stagflation. The retail chief warned that ministers should address labour shortages in order to prevent the economic situation from worsening, in an interview with BBC on Tuesday morning. “There’s not a business in the UK that’s [...]