UK customers of Monzo hit by SMS-based phishing attack February 22, 2022 UK customers of all-digital bank Monzo are being targeted with an SMS-based phishing campaign, aiming to steal sensitive information from their accounts, according to various reports this morning, including Computing magazine. One of the most important aspects of creating a Monzo account is verifying a customer’s device, normally done through a ‘golden link’ sent to [...]
Farmers sound alarm as more than 40,000 pigs are culled and meat thrown away due to Brexit and pandemic February 22, 2022 An estimated 200,000 pigs are backed up on farms because of a lack of skilled butchers to process them, while 40,000 animals have already been culled and their meat thrown away, farmers said this morning. Farming needs “certainty, commitment and consistency” from the Government to avoid more crises like the one engulfing the pig industry, [...]
Follow the money: Property market’s peak starts to push investors towards startups and small businesses February 22, 2022 Investment habits have changed rapidly over the last few years in the UK, with individuals leaning on investments to provide them with passive income. Property investing has been seen as a stable investment over the past decade. The UK housing market has registered substantial growth over the past few years, causing property investing to become [...]
Barclays prepares to name Anna Cross as first female chief financial officer February 21, 2022 Barclays is reportedly lining up Anna Cross as its next chief financial officer, in a positive step for gender diversity in top banking roles
Living with Covid: Legal duty to isolate and routine contact tracing both end on Thursday February 21, 2022 People who test positive for coronavirus will no longer be legally required to isolate from Thursday, and free universal testing will end in April under Boris Johnson’s plan for “living with Covid”. The Prime Minister detailed the strategy for England to the Commons late on Monday afternoon after a Cabinet disagreement thought to centre on [...]
While looking for Brexit opportunities: Jacob Rees-Mogg profits directly from Chinese pharma and Russian gas investments February 21, 2022 The government’s new minister for Brexit opportunities, Jacob Rees-Mogg, is directly profiting from significant investments in a pharmaceutical company in China as well as a Russian gas company, according to reports. Somerset Capital, in which Rees-Mogg holds a 12 per cent stake, reportedly invested £5.7m on behalf of clients in a company that potentially faces [...]
Government halves insolvency payouts to workers in 2021 February 21, 2022 The government halved pay outs to workers whose employers went bust last year, as Covid-19 support measures helped stave off insolvencies.
Appetite for deliveries jumps five-fold compared to pre-Covid level February 21, 2022 Britain’s appetite for takeaways and deliveries shows no sign of stopping after the easing of pandemic restrictions new data has shown.
Post-Brexit immigration ‘unlikely to move the dial on big-picture economic outcomes’ or wages February 17, 2022 A shortage of migrant workers alone is “unlikely” to increase wages in the longer term and the UK’s post-Brexit immigration system “will do little to change the UK’s economic trajectory”, according to the Resolution Foundation. The think tank said its research shows immigration has changed the size and shape of the UK’s workforce in recent decades, [...]
‘Golden visas’ for wealthy foreign investors to be scrapped amid dirty Russian money concerns February 17, 2022 The government is expected to scrap so-called “golden visas” for wealthy foreign investors amid concerns over links between Russia and the UK. Those eligible for the tier one investor visa, launched in 2008, must have at least £2m in investment funds and have a UK bank account. It has been under review due to repeated [...]
