Head of economics at the British Chambers of Commerce, Suren Thiru, said: “Unemployment remains on course to peak towards the end of 2021, once the furlough scheme expires and those who stopped job hunting during the pandemic look to return to the workforce as restrictions ease.
He added that the quote an insurer gives you depends on a set of personalised circumstances, including the type of car you drive, where you live, your driving history, your no-claims bonuses, the technology that might be in your car, the age of your car, or even your relationship status.
It would basically be a digital version of sterling, backed by the Bank of England, that could change the payments system, the plumbing of the financial system. It would not be a Bitcoin-style speculative asset with wild fluctuations in value. But there will be limited appeal for the fans of crypto, who invest precisely because of their scepticism about central banks.
But much has changed since 2016. Arm being bought by Nvidia is, it appears, a national security concern now in a way that the Softbank deal was not. Why? Well the vital importance of the semiconductor industry has become clear in recent months, with chips at the centre of a US-China trade war and chip shortages halting production at car plants.
“We have people juggling care giving responsibilities, we have people living in small apartments with roommates, those people desperately want to get back into offices, and we’re working really hard to do that, as soon as it’s safe to open our offices.”
Fast-forward to 2019, and the total global product placement industry, across films, TV shows and music videos, was said to be worth $20.6bn (£15bn) that year, according to a report by data analysis firm PQ Media. It is highly lucrative to get a show’s leading actor to wear a certain item of clothing, or drink a particular coffee, or drive a specific car.