Boohoo takes £775m hit as auditor stands down October 20, 2020 Boohoo saw almost £775m wiped off its market value yesterday after the beleaguered fast fashion retailer said PwC was stepping down as auditor. Boohoo’s announcement that it was running a tender for a new auditor and that PwC would not take part in the process spooked investors, sending shares down 20 per cent to 254p [...]
The end to modern slavery has its roots in the everyday changes October 18, 2020 Today is UK Anti-Slavery Day: a time to acknowledge the scale of this horrific crime and, perhaps most importantly, to deepen our resolve to fight against modern slavery, human trafficking, and human rights violations. Modern slavery is a hidden crime with an estimated 100,000 victims in this country alone. It touches the clothes we buy, [...]
Facebook sues EU regulator for invading employee privacy in antitrust probe July 27, 2020 Facebook has said it is suing the EU antitrust regulator for attempting to gain information beyond what is necessary for its case against the firm. The tech giant said this included seeking highly personal details from its employees, such as medical history and information about family members. The European Commission has been probing Facebook since [...]
Competition watchdog seeks emergency powers to tackle coronavirus profiteering May 18, 2020 The UK’s competition watchdog has told the government it needs emergency powers to crack down on firms profiteering from the coronavirus crisis. The Competition and Markets Authority (CMA) said it needs emergency time-limited legislation to tackle companies that have increased prices for high demand products such as hand sanitiser during the pandemic. CMA chief executive [...]
The City View: City A.M. co-founder Lawson Muncaster on returning the newspaper to print August 17, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In this episode Christian is joined by Lawson Muncaster, co-founder and managing director of City A.M., to discuss the challenges posed by the last five months and the decision to return to print for Monday 7 September. Lawson discusses how the company adapted to survive; what life could look [...]
Amazon Echo Show review: Amazon’s smart speaker now has a screen, but how does it measure up to the competition? November 7, 2018 When Amazon’s hardware team first stuck a screen on their smart speaker, it felt like a backslide for voice-assistant technology, which had promised a future in which we would converse naturally with omniscient objects in our house about the population of Angola, or where we know that guy in the TV show from, all without [...]
Amazon eyes West End location for flagship checkout-free supermarket December 10, 2018 Amazon is reportedly planning to open a checkout-free store in the West End as the tech giant looks to expand its supermarket concept to the UK. The online retailer is eyeing up sites near Oxford Circus for a flagship Amazon Go store, according to reports in the Sunday Telegraph. Amazon is looking for sites between [...]
Amazon founder Jeff Bezos accuses National Enquirer of blackmail in feud over reporting of his personal life February 8, 2019 Amazon chief Jeff Bezos has accused the National Enquirer and its owner, American Media, of “blackmailing” him with the threat of releasing intimate photos and text messages. In a statement published on Medium, Bezos claimed that the tabloid had threatened to publish photos and messages between him and the woman he has been dating, Lauren [...]
Alphabet drops out of trillion-dollar club amid coronavirus rout February 24, 2020 Google parent company Alphabet has dropped out of the prestigious trillion-dollar club after fears over the coronavirus outbreak prompted a wider global sell-off. Shares in Alphabet dropped almost four per cent in New York trading this afternoon, taking its market capitalisation to just below $980bn (£758bn). The fall came amid a wider decline across stock [...]
Here comes Govtech: It’s time to digitise government and the public sector February 8, 2021 Boris Johnson’s first telephone call with Joe Biden in the White House reportedly included some joshing over which of them had first used the phrase ‘Build Back Better’. Whether it was the Prime Minister or the President, it is set to be the leitmotif of the global post-Covid recovery. Economies have been devastated, individuals have [...]