Access Denied: The fight against cyber criminals March 5, 2018 Cyber-attacks defy borders and jurisdictions and are recognised as a Tier One threat to national security by the UK government. As the world becomes more connected, the attacks are becoming stronger, more frequent and more sophisticated. Nearly half of UK businesses identified at least one cyber security attack in 2016, according to UK government data, [...]
BT share price rises as regulators raise wholesale price caps February 23, 2018 BT investors were buoyed this morning by a regulatory announcement on the price it can charge its rivals to use its network. With shares rising almost four per cent, BT was one of the FTSE 100’s biggest gainers. Ofcom said it would not regulate the prices charged by infrastructure arm Openreach on its fastest broadband [...]
Uber drops legal appeal against Transport for London’s English language driver tests after changes to exam February 19, 2018 Uber has dropped its opposition to Transport for London’s (TfL) plans to introduce English language tests for drivers after the regulator quietly announced it intends to make changes to the proposed exam. The ride-hailing startup has dropped an appeal in the long-running case in which the High Court last year ruled drivers would have to [...]
Intelligence breakdown: Corbyn refuses to blame Moscow for chemical weapons attack as May slings out 23 Russian ‘spies’ out of the country March 15, 2018 Jeremy Corbyn has sparked a furious row in the Labour party after he pointedly refused to condemn Russia for the attack on Sergei and Yulia Skripal. Theresa May had informed MPs there had been no credible explanation for the attack in Salisbury and reiterated the government’s position that Russia was responsible. She described Moscow’s response [...]
Treasury and business committees to investigate treatment of small businesses in wake of RBS GRG scandal and Carillion collapse February 1, 2018 Two influential parliamentary committees will today launch investigations into finance for small businesses in the wake of the scandal over Royal Bank of Scotland’s much maligned global restructuring group (GRG). The Treasury Select Committee will investigate the repercussions from the GRG scandal and the state of the market for small businesses, while the Business, Energy [...]
How and why rising trade tensions have moved stock markets March 23, 2018 We explain all of the ins and outs of the turmoil in markets this week, focusing on at what might happen next with escalating trade tensions. How far have stock markets fallen this week? Global stock markets have come under pressure this week on fears over escalating trade tensions. The selling has been most marked [...]
Dr Liam Fox criticises President Donald Trump’s imposition of steel tariffs March 12, 2018 International trade secretary Dr Liam Fox hit out at the Trump administration over steel tariffs in a statement to the House of Commons this evening. Fox said that the UK has a “long and special relationship with the US, however this does not mean that if we disagree with something we will not say so [...]
Rex Tillerson backs UK but Russian foreign minister Sergei Lavrov rejects Theresa May’s Skripal claims as “nonsense” March 13, 2018 Russia’s foreign minister has rejected the UK’s claims that Moscow was behind the attack on former spy Sergei Skripal and his daughter Yulia as “nonsense”, saying his country had “no relation” with the attempted murder. Sergei Lavrov this morning claimed the UK had blocked him from accessing materials relevant to the case, and said Russia [...]
Carillion’s collapse – ministers hold emergency Cobra meeting January 16, 2018 The government’s emergency Cobra committee met last night to discuss “the most immediate issues” from Carillion’s spectacular collapse earlier in the day. Straining under a £1.5bn debt pile, Britain’s second-biggest contractor failed shortly before 7am on Monday morning, after eleventh-hour talks between the government and creditors ended without an agreement. Cabinet Office minister David Lidington [...]
Jeremy Corbyn facing Labour revolt over Russia after backbench revolt March 14, 2018 Jeremy Corbyn is facing growing discontent within his own party over his stance on Russia, after he repeatedly called for further evidence before condemning the state for the attack on Sergei Skripal earlier this month. The Labour leader refused to condemn Russia over the attack following Theresa May’s claim that it was “attempted murder” conducted [...]