James Ibori: UK returns £4.2m of jailed politician’s stolen assets to Nigeria May 18, 2021 The British government has handed back around £4.2m in assets stolen by a former Nigerian governor to his home country. James Ibori, who was governor of the oil-rich Delta State from 1999 to 2007, was convicted at Southwark Crown Court in 2012 on 10 counts of fraud and money laundering. He was sentenced to 13 [...]
Uber sees “green shoots” of recovery as recruitment spree gets into gear April 29, 2021 Uber are planning to hire an additional 20,000 drivers across the UK this year as the firm sees the first signs of an economic recovery. The firm’s Northern and Eastern Europe boss Jamie Heywood, who is based in London, told City A.M. that “green shoots” are “coming through exceptionally strongly” as lockdown restrictions loosen. Read [...]
Protests and glitches on El Salvador’s first day of Bitcoin as legal tender September 8, 2021 Angry protests and confusion amongst citizens, technological glitches and a drop in market value plagued El Salvador yesterday, as the country made history by becoming the first in the world to adopt Bitcoin as a legal tender. As the change took hold, Bitcoin crashed to its lowest price in almost a month, plummeting from $52,000 [...]
Deliveroo IPO: Is the gig economy empire crumbling? March 31, 2021 This morning, a courier came to drop off a package. He was almost back inside his van before I could open the door. Last week, another showed me a 10 second timer on his performance device – the time he said he was allocated to ‘drop off’. Neither of these were probably classified as ‘workers’, [...]
Bolt drivers strike over workers rights snub June 22, 2021 Drivers for ride-hailing app Bolt have this morning begun a 24-hour strike against the firm, saying that has failed to respect their rights as workers in line with the Supreme Court’s historic Uber judgement in February. The App Drivers & Couriers Union (ACDU), which called the strike, said that it believed Bolt drivers worked under [...]
Biden to withdraw US troops from Afghanistan by 11 September April 13, 2021 US President Joe Biden is set to withdraw all American troops from Afghanistan over the coming months in time for the 20th anniversary of 9/11, according to reports. It means the US will likely miss a May deadline for a pullout agreed with the Taliban by the Trump administration last year. Biden had previously said the [...]
We could make Glasgow great again if London and Edinburgh can get along October 19, 2021 Glasgow is the fifth largest city in the UK, easily the biggest in Scotland, though still smaller than it was 50 years ago. The Dear Green Place, more aptly tagged “No Mean City” in the 1930s, was once the second city of the empire, a global hub of shipbuilding and coal-mining, beautified by trade barons [...]
Uber’s model was rife with flaws but the gig economy deserves saving November 15, 2021 It has been less than ten years since Uber started operating in London. In that short time, the ride-hailing service has transformed the way many urban dwellers think about their transportation needs and their expectations of connectivity. By the beginning of 2020, just before the pandemic, Londoners took it for granted that Uber—or Bolt Kapten [...]
London Stock Exchange boss Julia Hoggett: We’ll fight for everything September 4, 2023 The London Stock Exchange has had a tough couple of years. The bourse's boss Julia Hoggett reckons she can turn it around.
Businesses should be wary of class action lawsuits as groundbreaking Shell decision has global reach February 22, 2021 Class action lawsuits are becoming increasingly popular in the UK, and a combination of the coronavirus, Brexit and previous claimant-favourable outcomes will mean UK companies see more action against them in the coming years. Britain is part of something of a third wave of class action lawsuit popularity. The practice of collective claims started in [...]