NFTs could be the inclusive solution to the modern problem of digital ownership November 5, 2021 Though first conceived in 2015, the year when non-fungible tokens (NFTs) truly became a mainstay of the tech zeitgeist is 2021. Rarely a week passes by without major news of the latest star to invest on an eye-watering sale. September closed with news that the viral meme “Side Eyeing Chloe” sold for $75,000. Photoshop recently [...]
Back to basics: Why Tesla is not like Google and Apple, and it will never be November 5, 2021 Tesla’s market value broke the $1tn mark on 25th October, turning the car-maker into the sixth company to join that exclusive club together with Alphabet, Amazon, Apple, Microsoft and briefly Facebook. But it is so easy to get caught up in the hype that we sometimes forget basic economics. Many commentaries have been outlining “Tesla’s [...]
Editorial: Bank marched markets up the hill – it can’t be angry they were disappointed they were told to go back November 4, 2021 Bank of England governors have a recent history of not always delivering it comes to guidance. Famously, former Bank chief Mark Carney was labelled an “unreliable boyfriend” for routinely failing to deliver on his words. Current boss Andrew Bailey seems to be eyeing up Carney’s crown after the Bank yesterday decided to hold rates at [...]
Taiwan environment minister: we were excluded from Cop26, but we will charge ahead with Net Zero November 4, 2021 Taiwan, despite being excluded from the United Nations climate change conference, has been working to lead the fight and protect our environment. This year, Taiwan experienced its worst drought in more than half a century. This was then followed by abnormally heavy rainfall. We can clearly see climate change’s profound impact. Taiwan was deprived of [...]
Extremist politics will continue to take root unless we solve migration November 4, 2021 The refugees seeking Britain as a home today are often fleeing conflict and persecution. The refugees of tomorrow will have the damaging effects of climate change and demographic growth to worry about as well. The current levels of illegal boat crossings in the UK are higher than ever. On Tuesday, even in the bitter November [...]
Editorial: Owen Paterson debacle paints Conservatives in a very bad light November 3, 2021 Good on Yorkshire Tea. Not, admittedly, how most of Morning Wire’s editorial columns start, but yesterday the God’s own tea maker cancelled its sponsorship of Yorkshire Country Cricket Club after the authorities there swept a report on racism within the club’s dressing rooms under the carpet. It was a shocking failure of governance, and commercial [...]
Boris’ tax mania could push British business into Labour’s open arms November 3, 2021 An exec recently recalled a meeting between banking bosses and ex-Shadow Chancellor John McDonnell when it looked like Labour may just seize power. As the suits traipsed into a room the Marxist quipped: “Don’t worry. We’re not sending you to a re-education centre in Doncaster … yet.” He also promised to whack corporation tax up [...]
Editorial: Sports fiascos remind City of importance of governance November 2, 2021 The world of sport has always been something of a wild west when it comes to corporate governance. The propensity to hire ex-players to sit on governing committees doesn’t help, as if the ability to play with head over elbow when batting out the day or pick-and-go from the back of the scrum will somehow [...]
Mud slinging across the Channel Deciphering the fish wars, Made easy November 2, 2021 The latest development in the fishing row between France and the UK is a temporary truce. French President Emmanuel Macron was meant to enforce retaliatory measures Tuesday at midnight, but he didn’t. The row is all about access to the other country’s respective waters, which for France include Channel Islands’ waters. A deal was drafted [...]
Opinion-in-brief: We need freedom to solve our housing woes November 2, 2021 By reducing demand for social housing, Brexit was supposed to help Boris Johnson deliver his pledge to end homelessness within five years. Spoiler: it’s not going well. From 2010 to 2018, the number of rough sleepers more than doubled from 1,768 to 4.677 because of the misguided idea that the homeless need help, instead of [...]