Azeem Rafiq fallout: How much did sponsor pressure contribute to resignations? November 10, 2021 The business of sport and sponsorship is volatile at the best of times, an ever changing landscape of decisions and consequences. It is nothing new for sponsors and clubs to renegotiate their terms – the Indian Premier League saw this in the wake of the Covid-19 pandemic – or quit altogether, as Norwich City decided [...]
City Moves: Who’s switching jobs in the Square Mile today? November 10, 2021 Deloitte Deloitte has posted a new partner to its financial advisory practice, who is set to head real estate mergers and acquisitions (M&A) for the sector. Bringing 17 years experience in M&A and principal investments to the position, Abhishek Jaiswal joins the Big Four firm from Bank of America where he was a lead real [...]
Locals fight plan to turn the Truman Brewery into a shopping mall November 9, 2021 Local residents continue to oppose plans to build a shopping mall on the site of the historic Truman Brewery on Brick Lane after developers won approval from the local council. The Save Brick Lane Coalition is close to raising the £10k needed to pursue legal action against Tower Hamlets Council with the aim of blocking [...]
Telecoms watchdog set to protect some 700 of London’s iconic red phone boxes November 9, 2021 Ofcom is set to protect some 5,000 of the UK’s iconic telephone boxes from closure, which could extend to more than 700 in London. The telecoms regulator will ensure that payphones in locations not covered by all four mobile networks, located at an accident or suicide hotspot, has had more than 52 calls made from it over the last year and whether exceptional circumstances mean [...]
London’s recovery can’t be jeopardised by a lack of funding for TfL November 9, 2021 Amid the many heartening sights of London’s post-Covid-19 recovery, it’s ironic that one of the most warming was the sight of 600 lucky souls leaving the capital yesterday morning. Two flights, BA-001 and VS3, took off from Heathrow to JFK at 8:51am, on the day the US reopened its borders. As the airlines put it, [...]
A bird? A plane? It’s time to turn to railways to solve fraught supply chains November 9, 2021 Last month, shipping giant Maersk was forced to divert container ships from Felixstowe because of backlogs caused by the HGV driver shortage. It reignited fierce debates around Brexit, Covid and other woes. But the truth is Britain’s freight infrastructure has long faced such problems – and this was just another symptom of a wider malaise. [...]
Plans to shift GPs around the country will do little to restore the health of the NHS November 9, 2021 Fresh proposals to relocate GPs to poorer areas have added further fuel to the ongoing political controversy about patient access to medical care. It sounds radical and could well be necessary – but it’s only a short term solution for the “levelling up” agenda, which should mean wholesale transformation for the entire country rather than [...]
Bitcoin hits new all time high at $68k November 9, 2021 The world’s oldest cryptocurrency is barrelling towards the $70k price point for the first time with price up more than 3 per cent today. In the early hours of this morning Bitcoin set a new record price of $68,641 helping to keep the global crypto market’s value above $3tn for the second day running according [...]
China to advance the development of state issued digital currency November 9, 2021 China’s government remains at the cutting edge of digital payments technology with plans to further “advance” the development of an eYuan. China’s flagship digital currency is backed by its central bank and has fast gathered pace with an initial trial gathering over 20m users and seeing transaction values top 34.5bn yuan (£3.9bn) in a matter [...]
Haydn Hammond – when bankers go crypto November 8, 2021 Crypto AM writer Jillian Godsil interviews banker-turned-crypto enthusiast Haydn Hammond.