Wizz Air’s Brexit contingency plans take off as it secures UK licence May 3, 2018 Wizz Air today confirmed it has been granted a UK air operator’s certificate and operating licence to safeguard its flights post-Brexit. The Hungarian airline said it has always been committed to the UK and its continued expansion will mean more investment and jobs in the UK as it looks to consolidate its position further. Last [...]
Cambridge Analytica closure does not mean bosses can “run and hide” following Facebook data scandal May 3, 2018 Investigators have vowed to plough on with probes into Cambridge Analytica and its use of millions of pieces of personal data, despite the UK firm folding last late night. Cambridge Analytica ceased trading yesterday, claiming it had been “vilified” by the media in the wake of accusations it accessed 87m Facebook profiles and used them [...]
MPs should know better than to smear Legatum May 3, 2018 Something is rotten in Britain’s parliament when MPs play fast and loose with parliamentary privilege, which exists for the very serious purpose of protecting the country’s national security. This week in parliament, four MPs publicly attacked Christopher Chandler, founder and partner of Legatum, as “an object of interest to French intelligence”, with a string of [...]
The EU’s federalist fantasy is under threat, but its hardline budget stance risks backfiring May 3, 2018 The EU has just set its budget plans for the next seven years, running from 2021 to 2027. Against a backdrop of new states waiting in the wings to join – all requiring pre-accession funding – the EU also has the challenge of counteracting the deficit caused by Brexit, and responding forcefully to increasing eurosceptism [...]
DEBATE: Could launching a dating service help restore users’ faith in Facebook after the data scandal? May 3, 2018 Could launching a dating service help restore users’ faith in Facebook after the data scandal? Beatrice Timpson, director at Media Intelligence Partners, says YES. Facebook takes data harvested from us (“dumb fools”, as Mark Zuckerberg sort of referred to us, only he used a different four-letter word beginning with “f”), and sells it on to [...]
British Business Bank helps new investment firm Oxx raise $100m fund to plug funding gap for small businesses May 3, 2018 New investment firm Oxx, which is aiming to plug the funding gap for smaller businesses falling through the gaps between venture capital and private equity, has raised $100m (£73.5m) for its first fund. Oxx will focus its investment on business-to-business software companies in the UK, the Nordics and Israel. British Business Investments, the commercial arm [...]
Crop of London’s fastest-growing women-led tech startups chosen for Silicon Valley trade mission meeting Google and Facebook executives May 3, 2018 A crop of the capital’s fastest-growing tech startups led by women are headed off on a trade mission to Silicon Valley next week to explore investment, expansion and export opportunities in the US. The four-day trade mission led by the mayor’s international business programme and Silicon Valley Comes to the UK will give the 15 [...]
Seize the chance for radical housing reform May 3, 2018 Britain – and London in particular – needs a sweeping overhaul of the planning system. We are building a fraction of the homes we need to keep up with rising demand, and with a third of young people now faced with spending their entire lives renting, the crisis cannot afford to be brushed under the [...]
Brexit latest: Government forced back to drawing board over customs union after Sajid Javid and Gavin Williamson defy Prime Minister over proposals May 2, 2018 Government officials have been forced back to the drawing board after Theresa May failed to secure an agreement on the customs union at today’s critical Brexit war Cabinet. The Prime Minister has asked Brexit negotiator Olly Robbins and his team to bring forward “revised proposals” after the two options – both of which have already [...]
Cambridge Analytica shuts down following Facebook data scandal May 2, 2018 Cambridge Analytica is shutting down following months of media onslaught over its role in the Facebook-data sharing scandal. The embattled political consultancy said in a press release on Wednesday evening that it was filing for bankruptcy and had appointed Crowe Clark Whitehill LLP as administrators. “Over the past several months, Cambridge Analytica has been the [...]