M. CLARA BUSSO ÁLVAREZ
REPORTING IN THE UK
As a MA student in Financial Journalism at City University of London
The Marjorie Deane Foundation is funding my studies in London since September 2018.
These are some examples of my work.
“The City Post” was a newspaper my classmates and I delivered based on Budget announcements. I was in charge of live reporting from Westminster, analysing leaks and expectations previous to Philip Hammond’s speech.
I also worked on social media and some of the nibs in the print version of the newsletter.
29 October 2018
Schools in the UK will receive a £400 million investment to help them fund “the little extras they need”, Philip Hammond announced after criticism from education campaigners.
The extra funding will be destined to supply schools with necessary equipment and maintenance and will be distributed between all institutions, granting £10,000 to each primary school and £50,000 to each high school in the country.
“We are investing record amounts in our schools and that investment is paying off”, said Hammond, who has been facing criticism from teachers and shadow ministers about increasing school cuts.
The Institute for Fiscal Studies earlier reported that per-pupil funding in real terms has been cut by 4 per cent in England in only two years, a cut that has been worse than in other regions of the UK due to the increasing amount of students in English state schools.
“Per pupil funding in real terms is being protected”, Hammond said earlier this week, avoiding any specific answers about the amount of money destined to schools.
The Chancellor’s single-time investment in school maintenance is facing criticism from school staff since it doesn’t include any funding to deal with increasing education costs. “The Chancellor has shown in this budget the depth of his ignorance on school funding”, says Kevin Courtney, Joint General Secretary of the National Education Union. “Schools are struggling to provide a full and well-rounded education and many schools have fallen into debt – money for ‘little extras’ won’t cut it.”
British parents, teachers and school leaders have been campaigning for increased funding for schools in recent weeks. A rally in Westminster gathered teachers from across England last Sunday, while the day before Glasgow was the meeting point for thousands of Scottish teachers demanding a higher wage.
ARTIFICIAL INTELLIGENCE STARTUPS IN A QUEST TO RELIEF THE UK’S UNSUITED WORKFORCE
3 October 2018
While research has found almost half of British employees fail to meet their job requirements, Human Resources startups are developing artificial intelligence (AI) software that could help solve the problem.
The Chartered Institute of Personnel and Development – also known as CIPD, an association for Human Resources professionals- reported that while 37% of British workers are in jobs they are overqualified for, 12% of them feel underqualified to perform at work. The report suggests this may be a consequence of degree-oriented recruitment since a third of employees claimed having needed a degree to get a job that didn’t require such qualifications. Women and individuals from lower socio-economic backgrounds were more likely to report they felt overqualified for their jobs.
Lizzie Crowley, a skills adviser at the CIPD, said addressing this problem could stimulate the economy. “The proportion of low-skilled roles remains stubbornly high. This leaves many workers trapped in low skill work, which doesn’t match their ability, offers poorer pay and progression prospects and does little to boost the productivity of organisations”, she said.
HR technology expert Devyani Vaishampayan believes this issue is already being addressed through data-based technologies that avoid discrimination and prioritise the employees’ experience over their degrees. “Our recruiters are looking for augmented reality, video interviewing, facial recognition; they are looking at blockchain from a referencing perspective so I think the opportunities are definitely there”, she said.
An HR technology event held in Leicester Square last Thursday gathered 300 startups that are developing different technologies to perfect the recruitment process. One of them, for instance, has developed an AI-based application that allows recruiters “to screen up to a billion CVs per day” and match the best-suited candidate for a specific role according to a specific company culture, according to Vaishampayan. She says “It is a very active area, so HR professionals will be forced to use far more of this than they have been in the past, simply because the options are going to be there”.
THE FIRST CRYPTO CO-WORKING SPACE IN LONDON WILL BE LAUNCHED NEXT THURSDAY
28 September 2018
Primalbase -a Dutch start-up trying to combine blockchain and real estate- is launching a co-working space next Thursday in Citypoint Tower.
The fact that the only way to access a lifetime membership to this office is through a cryptocurrency market site (either Tidex or Waves), should be proof enough of its target market: fintech entrepreneurs.
Primalbase CEO Ralph Manheim explains this is a new approach to cryptocurrency that may encourage “a long-term commitment” other than a speculative investment, contributing to stabilising the cryptomarket. “A different cryptocurrency, of course, can go up or down, but you cannot really do anything else with it. You can actually use [Primalbase tokens] in your real life and have the crypto as well. So it has a dual functionality”, said Manheim.
Apart from its initial investment, it still hasn’t been clarified how will this space be blockchain-enabled. Primalbase CEO says, in the future, token owners will be able to “transfer the user rights to someone else”, which will give more “flexibility” to those who own more than one token and want to make a profit out of them.
Primalbase has announced they are working on an mobile phone app through which owners will be able to manage the leasing and purchasing operations. The software was supposed to be running before the London office was launched but it has been delayed because the company wants to “make sure it is bulletproof”, according to the Manheim.
If the blockchain aspect of Primalbase ends up being just a marketing strategy -in case the app isn’t published or the leasing system proves to be useless-, the coworking space could help propitiate a networking environment for fintech and crypto start-ups.
According to James Nicholson, Strategic Advisor in Knight Frank Estate Agency, there has been an increasing demand for flexible office solutions in London, “especially among those businesses unsure of what their headcount will be in 12 months’ time”. Nicholson thinks there is a “real opportunity in specialized co-working spaces”, where all workers share the same background and interests and may help each other.
Primalbase has already launched similar spaces in Amsterdam and Berlin and is planning to open others in New York and Singapore. Token owners will have access to all of them.
“Not only we have nice locations but also we have a lot of events”, says Manheim, who believes the most valuable service their company provides is a ”community-based location that has like-minded people with the same background that really want to help each other”.
October 4th London launch party could be a good opportunity for fintech entrepreneurs to decide if they take the bait.
2 October 2018
Tony Hall, the Director General of BBC, said the corporation is to put freedom of expression at the heart of its new editorial guidelines just months after losing a £1m privacy lawsuit brought by Cliff Richard.
In the first annual Satchwell lecture at the Society of Editors, attended by students of the MA in financial journalism at City University of London, Lord Hall said that the growing amount of legislation protecting privacy is one of the main threats to freedom of the press. In response to these pressures, the BBC’s code of conduct will require its employees to “champion freedom of expression”.
Mr Richard’s successful lawsuit followed the corporation’s decision to broadcast a police raid on his home. “Whether you think there was a strong public interest in knowing that that particular personality was under police investigation is a legitimate matter of debate,” said Lord Hall, who went on criticize the use of a helicopter to report the raid.
Lord Hall said that the BBC decided not to appeal the case because losing would have given the verdict “the full force of precedent”. “Today we are found in a legal limbo,” he said. “We need the government and Parliament to clarify the law and tell the public clearly what they are and what they are not allowed to be told when there is a conflict between freedom of speech and individual privacy.”
The National and International Festival of Taming and Folklore of Jesús María is an event that brings together performers of folk music and riders who perform skills and rural tasks. It is the most renowned meeting in Argentina (referred to this topic).
CPCs are Comunity Participation Centers set in different neighborhoods in Córdoba. Their purpose is to decentralize the administration of the city’s affairs. The project cost 1.000.000 GBP and it was abandoned in 2015 when more than 80% of the work had been done. Neighbors report constant stealing from the construction site
Facing the winter season, Argentine State fixed CNG quotas for car use by limiting gas stations’ supply. People find a hard time trying to fill their tanks. CNG is the most common fuel used by working vehicles like, for instance, taxis.
While provincial and city state fight over jurisdiction, the east section of Costanera street (Ramón Bautista Mestre av.) is full of garbage and highly insecure. Neighbors report the terrible conditions of one of the main accesses to the city centre.
SHOW BIZ REPORTING
The third night of Lollapalooza festival in Buenos Aires was cancelled, It was because of the weather conditions. All Access has guaranteed a refund for the day.
Horacio Guarany was one of the most influential folklorists in Argentine history. With strong political opinions and sharp lyrics, on the first anniversary of his dead, many other Argentinian folklorists payed him tribute with a show in Cosquín Folklore Festival. Famous radio presenter, Rony Vargas, presented the tribute where Chaqueño Palavecino, Sergio Galleguillo, El Dúo Coplanacu, Los cuatro de Córdoba, sang among other important artists.
Major car crash in a highway. Field report.
David K. Perry
“…I VIEW JOURNALISM LARGELY AS A FORM OF CONTINUING ADULT EDUCATION AND AN IMPORTANT MEANS OF TRANSMITTING AND SOCIALIZING INTELLIGENCE. MEANINGFUL PARTICIPATORY DEMOCRACY REQUIRES THESE.”
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