Banking shares jump after Bank of England gives OK for dividends, bonuses and buybacks July 13, 2021 Banking shares jump after Bank of England gives OK for dividends, bonuses and buybacks
UK begins Singapore digital trade talks June 28, 2021 The UK will today start trade talks for a digital trade agreement that could remove barriers to trade and enable UK exporters to expand into high-tech markets around the world. International trade secretary Liz Truss is due to begin virtual negotiations with Singapore today for a Digital Economy Agreement (DEA). The UK is the second largest [...]
Exclusive: Ad tech firm that shuns cookies and has Amazon and D&G as clients to float on AIM June 27, 2021 Exclusive: AI marketing firm that shuns cookies and has Amazon and D&G as clients to float on AIM
JPMorgan to buy fintech firm Nutmeg for upcoming UK digital bank June 17, 2021 JPMorgan Chase is set to buy digital wealth manager Nutmeg, the companies confirmed today, as fintech’s trajectory has been pushed even higher by the pandemic. While still subject to regulatory approval, the deal will bolster JPMorgan’s digital bank branch, under the Chase brand, which is planned for launch in the UK later this year. The US financial [...]
Covid connections: Pandemic narrows digital divide as more Brits go online April 28, 2021 While it may be hard to find silver linings in lockdown, it appears the rapid shift to online services has had its benefits. A surge in demand for internet services over the last year means the UK’s digital divide has narrowed even further, with more and more Brits getting connected. The proportion of homes without [...]
City Moves: Who is switching jobs in the Square Mile this week? April 21, 2021 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. In this week’s City Moves, we have a host of newly created roles making their way across the Square Mile. From chief data officers to directors of environment social and governance – the [...]
Digital pound would boost post-Brexit City, says think tank April 9, 2021 A digital pound should be at the heart of efforts to strengthen the City’s global attraction as a post-Brexit financial centre, think tank CityUnited Project said on Friday. The finance ministry will set out proposals for making Britain’s capital market more attractive after Amsterdam toppled London to become Europe’s top share trading centre following Brexit. [...]
Rishi Sunak to chair meeting with G7 counterparts on Covid-19 recovery and digital tax reform February 3, 2021 Sunak to chair meeting with G7 counterparts on Covid-19 recovery and digital tax reform
Blockchain and XBRL: the myth January 19, 2021 | City Talk Currently, many jurisdictions around the world require public companies to produce financial reports using eXtensible Business Reporting Language (XBRL). The myth that blockchain could replace XBRL in the production of financial information is incorrect. Blockchain is not a data standard. And XBRL is not a distributed ledger system. Replacing one with the other would be [...]
Biden’s plans for digital government set an example the UK and Europe must be willing to follow January 18, 2021 This week, days before Joe Biden had even stepped foot in the White House as US President, he showed a greater commitment to digitally-enabled government than most other world leaders have done for a long time. Unveiling a $1.9 trillion relief package including billions in IT and cyber funding, the President-elect called on Congress to [...]