Republicans have no clue how to handle their deranged ‘Messiah’ August 23, 2019 Imagine you are a serious US politician. What do you do when the man your party put in the White House tries to buy another country’s territory, before repeating claims that he is like the “King of Israel” and boasting that he is “the Chosen One”, all within the space of two days? The obvious [...]
EU banking watchdog calls for fresh cryptoassets regulation January 10, 2019 New rules may be needed to stop existing regulation on cryptocurrencies and digital assets from getting too diverse across the European Union, the bloc's banking watchdog said yesterday. Cryptoassets such as bitcoin, ether and tokens created in initial coin offerings (ICOs) typically fall outside of the scope of EU financial legislation, which makes it hard to [...]
Speed up full-fibre rollout or risk being left behind, CBI warns government February 7, 2019 The Confederation of British Industry (CBI) today called on the government to fast-track the rollout of full-fibre broadband as it warned the UK is at risk of lagging behind. The trade body has urged the government to take action this year to avoid a “digital divide” that would see businesses and people left behind as [...]
Sadiq Khan and local councils gear up for Heathrow third runway legal challenge March 11, 2019 A legal challenge against Heathrow's bid to build the third runway launches today in the High Court. The mayor of London, Sadiq Khan, five local councils and Greenpeace are taking the government to court over objections to the Department for Transport's (DfT) airport national policy statement, (NPS) the legislation that makes the case for Heathrow [...]
A pro-business mayor? Khan is less so than Livingstone April 29, 2019 Before he was elected, Sadiq Khan promised – in this newspaper and elsewhere – to be the “most pro-business mayor yet”. In a literal sense, that pledge was already a bit limited, because Khan has only had two predecessors: Ken Livingstone and Boris Johnson. The first one was an apologist for assorted Communist regimes. In [...]
Hospitality class action group launches to bring business interruption insurance claims April 29, 2020 A group action for the hospitality sector launched today with the aim of bringing claims against insurers which have failed to pay coronavirus-related business interruption claims. The hospitality insurance group action (HIGA) is open to businesses such as pubs, restaurants, hotels and nightclubs which have been forced to close because of the lockdown and are [...]
Morrisons loses ruling on data breach challenge as compensation looms October 22, 2018 Supermarket giant Morrisons faces a mass payout to staff after losing a major court case over a data leak this afternoon, in a ruling which could have implications for all UK businesses. The Bradford-based chain lost its appeal against a High Court ruling that it is legally liable for a former employee leaking personal information [...]
Cooked: Apple shares spiral as investors fight back in securities fraud lawsuit January 3, 2019 Shares in Apple opened 8.6 per cent down on Wall Street this afternoon, after a shock revenue warning from chief executive Tim Cook caused shivers across global markets and exchanges. In an open letter to investors published last night, Apple cut its revenue forecast for the busy Christmas quarter by 7.8 per cent. The tech giant is [...]
Tesla to defend lawsuit alleging foreign workers were threatened with deportation October 3, 2018 A case filed against Tesla in California which alleges the firm knew foreign employees were threatened with deportation has been given the green light to go to trial. US federal judge Lucy Koh ruled Tesla must defend itself against two of seven claims, in which the plaintiffs argue foreign workers at its Fremont, California plant [...]
Court gears up to hear Morrisons’ appeal against landmark data breach ruling October 8, 2018 Supermarket giant Morrisons will launch an appeal tomorrow against the High Court's decision to find it vicariously liable for a data breach that hit over 100,000 employees. In December last year the supermarket chain was found to be legally responsible for the breach, which was carried out by former employee Andrew Skelton. Skelton, a former senior [...]