Exclusive: It takes a bot to catch a bot, says advertising chief January 12, 2021 Alongside its early challenges and uncertainty around digital ad spend, 2020 has been a big year for digital advertising as the pandemic forced businesses and consumers moved online. City A.M. spoke with Mayfair-based Nick Morley, EMEA Managing Director at online ad verification giant Integral Ad Science, which analyses the value of digital advertising placements. UK [...]
Cinema is the clear loser of the pandemic advertising economy January 6, 2021 The clear winner of the pandemic ad economy is online, driven by the huge jump in e-commerce, despite travel-related advertising being impaired by the pandemic’s international scope. According to new data from Enders Analysis, the London-based media research firm led by Claire Enders, more than half of all advertising spend last year was on digital [...]
Asian consumers, boomerang businesses and M&A likely to shape 2021 January 6, 2021 It was some year. Anyone who took on the challenge of forecasting what would happen in 2020 more than likely saw it all swiftly swept aside – but, as they say, prediction is very difficult, especially when it’s about the future. Still, investing is a forward-looking profession and so we inevitably find ourselves thinking about [...]
Excusez-moi: UK set to surge past French economy in decade to come December 27, 2020 The UK’s economy is set to remain the fifth largest in the world, according to a respected annual report, and to surge ahead of cross-channel rivals despite Brexit. The Centre for Economics and Business Research’s annual tally of the world’s leading economies sees the UK retake fifth place from India. Read more: Brexit deal lays [...]
Brits to splash out £2.7bn across Britain as virtual sales kick off December 26, 2020 Retailers are expected to enjoy a bumper Boxing Day as Brits head to online and physical sales. New data from Barclaycard suggests Brits could spend as much as £2.7bn across the January sales. Read more: Free ports and smart investment are the Brexit prize, says Gove But data from the West End’s leading retailers paints [...]
Buzzfeed strikes deal to buy HuffPost in stock deal November 19, 2020 Buzzfeed has agreed to acquire Verizon Media-owned HuffPost in a stock deal, in a move that will tie together two of the largest digital media players. The two news sites will be able to syndicate content on each other’s platforms and explore joint advertising opportunities under the agreement. “From powering new consumer shopping experiences, to [...]
BoE’s Andy Haldane: Digital currencies could cut risk and boost lending November 18, 2020 Digital currencies could reduce risk in the financial system and aid monetary policy with interest rates close to rock bottom, Bank of England chief economist Andy Haldane has said. Haldane also told The City UK’s annual conference that new technological infrastructure should be considered to help small and medium-sized businesses better access finance after years [...]
Crypto AM: Market View in association with Ziglu October 12, 2020 FCA Bans Crypto Derivatives and ETNs for Retail Investors, Square Bets $50 Million on Bitcoin This week CryptoCompare data shows the price of Bitcoin (BTC) moved steadily up from around $10,600 to an $11,400 high. The cryptocurrency has seemingly finally been able to breach the $11,000 mark as it’s now trading at $11,350. Ether (ETH), [...]
Q&A: Trading Cryptos as CFDs October 12, 2020 | City Talk What are the different options when trading cryptocurrencies? There are a couple of different options for trading cryptos. You can buy the physical cryptocurrency with a provider that usually gives you an online wallet which you must learn to use to store your crypto. More recently trading platforms have emerged, but these remain unregulated in [...]
Huawei: ‘Clear evidence’ of collusion with Beijing, MPs warn October 8, 2020 There is “clear evidence of collusion” between Chinese tech giant Huawei and authorities in Beijing, top MPs have warned. In a report published today parliament’s defence committee claimed Huawei was “closely linked” to the Chinese state and the Communist Party. It also cited concerns about Huawei’s receipt of state subsidies and Chinese intelligence laws that [...]