Letters: Can we be friends again? February 25, 2022 [Re: UK’s leading fintech bosses call on government to ramp up efforts to overhaul regulation, Feb 21] I’m surprised to see fintech leaders calling on the government to overhaul regulation. A year on from the Kalifa Review, and with investment hitting a record $37.3bn in 2021, the UK’s fintech space is thriving. I’d argue this [...]
Russia will weaponise a refugee crisis if we’re not prepared to open our arms February 25, 2022 Putin has invaded Ukraine. He was never going to be satisfied with only taking Donetsk and Luhansk. The result will be a bloody and likely protracted war accompanied by another refugee crisis as many Ukrainians make the heart-wrenching decision to desert their home. Britain has a long and proud history of welcoming refugees, especially from [...]
The parallel war of disinformation between Russia and Ukraine could seed more poison February 25, 2022 As Russian forces attacked Ukraine on three fronts, a parallel disinformation war was taking place on social media and on Russian news outlets. Since the early stage of this conflict, President Putin has sought to justify his invasion by depicting Ukraine as a belligerent actor threatening Russian lives. In his speech on Monday night, right [...]
To trust the free markets with our pensions, we need to know what we’re talking about February 25, 2022 Do you know how much is in your pension? And how much will need to be in there to give you the retirement? I’m prepared to bet that even some of the super-savvy readers of CityA.M. might answer “no” to at least one of those. If so, you’d be in good company. Most people don’t [...]
Behind the story: the cost of living crisis and war in Ukraine February 25, 2022 Britain is more sheltered than other countries from the massive spike in energy prices that could unfold as a result of Europe’s overreliance on Russian gas. Customers in the UK will at least in the short term be protected from higher prices by the energy price cap. But if the cost of energy continues to spiral [...]
Darktrace: Dips and Dives February 24, 2022 For a cyber security firm Darktrace’s reputation has been anything but secure. As Jack Stockdale, CTO and founding partner, told Morning Wire: “One minute you can be the tech darling, the next minute you’re not. Then, suddenly, you are again!”
Boris Johnson’s sanctions tread on almost no one’s toes February 24, 2022 IF you’re going to talk the talk, you better be able to walk the walk; it is a helplessly overused cliché, but as Boris Johnson tries to assert a firm hand of Global Britain with economic sanctions against Russia, it is the simplest words that ring true. Over the last few weeks, the prime minister [...]
Letters: Donald Trump’s truth or dare February 24, 2022 [Re: Trump’s new social media platform tops Apple app store, Feb 21] Donald Trump’s “Truth Social” app has launched and has trajected itself to the top of the app store through the power of curiosity. This momentary blip of interest will likely be followed by challenges. The app is a thinly-veiled replica of Twitter rather [...]
Johnson wanted to build a bridge to Ireland but can’t build enough homes February 24, 2022 Of all the mistakes made during the Referendum campaign by Team Remain, former Chancellor George Osborne was guilty of a whopper in May 2016. A month before people cast their vote, the Tory numbers man warned that Brexit could knock 18 per cent off house prices. At least one younger commuter on the train home [...]
Like it or not, buy now pay later will cleave customers away from credit companies February 24, 2022 For some, buy now, pay later has become a dirty term. Instead of looking at the positives the industry is bringing, not only to consumers, but the wider economy, buy now, pay later schemes have been branded a new version of “wonga” loans, by some or even used as an insult to throw around amongst [...]