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More than a third of financial services jobs in The City of London are at risk of automation, according to a study by the Office for National Statistics (ONS).The analysis concluded that 1.5 million jobs in England were at high risk of having some of their tasks automated, with 710,000 jobs located in The City’s financial services hub being under threat.
26/03/2019
The government is set to spend more than £1 billion annually on transitioning to the cloud, according to new data. Figures obtained by the Telegraph showed that public sector bodies and government departments are expected to spend as much as £1.3 billion on cloud services in the year to April.
19/03/2019
The National Audit Office (NAO) has published its investigation on Verify, the government’s flagship identity verification portal, finding performance has consistently been below the standards initially set and take-up among the public and departments has been much lower than expected. The Government Digital Service (GDS), part of the Cabinet Office, developed Verify to be the default way for people to prove their identities so they can access online government services securely. It originally intended for Verify to be largely self-funding by the end of March 2018.
06/03/19
The National Technology Awards’ shortlist has been announced, with a record number of entries across the 30 categories.The 3rd annual industry event celebrates the pioneers of technology across a variety of different sectors, from regulatory technology to manufacturing, gaming to security.
21/02/19
A panel of experts at the London Blockchain Week conference took aim at regulation yesterday, with one calling the authorities’ understanding of the emerging technology ‘lamentable’.Jonny Fry, chief executive of sector advisory firm Team Blockchain, noted that at industry events he’s attended in other countries, delegates have told him how lucky he is to be regulated by the Financial Conduct Authority (FCA) – “a regulator that actually listens to industry”.
12/02/2019
One in three Millennials (33 per cent) will be invested in cryptocurrency by the end of next year, overtaking bonds and shares for those aged 18-35.
14/12/2017