4th December 2018
Challenger bank

The rise of the Neobanks in the UK

Take your mind back 10 years to the financial crisis. US banks gave out a flurry of subprime mortgages, created collateralized debt obligations, house prices fell and interest rates rose, and then the bubble burst. Subprime borrowers could not meet the higher interest rates, the defaults flooded in and banks were faced with serious liquidity problems. Despite the Feds best efforts, Lehman Brothers filed for bankruptcy, Indymac collapsed, Bear Stearns […]
29th November 2018
Brexit EU Britain

Big Commercial Stories | November 2018

Big Commercial Stories | November 2018 UK Digital Services Tax: The UK has proposed to introduce a 2% digital services tax in April 2020. This would be levied on UK-generated revenues of “specific digital business models”, like search engines, social media platforms and online marketplaces, with global revenues of at least £500m. This tax aims to ensure that large technology companies pay their “fair share” of taxes on the profits […]
22nd November 2018
Italian budget v EU

Italy’s fiscal fight and distrust within the EU

Good old Europe is currently facing another internal crisis. This time it sees Italy and the European Commission playing chicken over Rome’s new spending plans. Italy remains defiant over its proposed budget for 2019, whilst Brussels refuses to accept the budget. Both parties are waiting for their ‘opponent’ to blink first and come to a compromise. This escalating standoff has created anxiety within the financial markets, and has caught the […]
11th November 2018
Shanghai London Stock Connect

London-Shanghai Stock Connect: a turning point or a bridge to nowhere? A guide to China’s financial markets.

The recent trade war between the US and China has captured the world’s attention, depriving the upcoming Stock Connect scheme between London and Shanghai of the consideration it deserves. The Shanghai-London link has been on the cards ever since President Xi visited the UK in October 2015 and expressed his willingness to create a system which would allow investors to trade shares on each other’s markets. If this program were […]
18th October 2018
big tech regulation

The Lawyers’ Guide to Big Tech Regulation

With tech companies preaching the advantages of artificial intelligence, cloud technology and machine learning, the term ‘blockchain’ has also been bandied around in a bid to enhance productivity. Blockchain has been considered “one of the most disruptive innovations since the advent of the Internet” with global business benefits estimated at US$21 billion by 2021. no-repeat;center top;; auto center Kaveesha Kaveesha ThayalanTCLA Writer writer-image Title Author Yet – what exactly is […]