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      An ex-DJ and a former Lord Mayor: Who is behind Poundland bidder Xyra Group?

      Exterior view of a Poundland store entrance with its teal blue signage and glass doors

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    • Featured

      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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Legal

  • Los Angeles judges approves Activision’s $18m sexual discrimination settlement

    March 31, 2022

    A Los Angeles judge has approved an $18m (£13.7m) settlement between Activision Blizzard and the US Equal Employment Opportunity Commission (EEOC) to settle one of several lawsuits facing the videogames developer. In a statement, Activision Blizzard said the federal court had agreed to sign off on its $18m settlement after the EEOC accused the firm [...]

  • Hackers tricked Meta into handing over user data after forging emergency requests

    March 31, 2022

    Hackers pretending to be police officers tricked Meta into handing over user data after filing fake “emergency data requests”. The Facebook owner gave user information – including phone numbers and physical addresses – over to hackers, after they filed the falsified requests while pretending to be law enforcement officers, sources told AFP. The hackers were [...]

  • Use of AI tools in justice system poses serious threat to civil liberties, House of Lords says

    March 31, 2022

    A House of Lords select committee has said the government should set up a national body to regulate use of Artificial Intelligence (AI) in the UK’s justice system, after warning deployment of such tools poses a serious threat to civil liberties. In a report, the House of Lords committee warned that “without many of us [...]

  • High flying insurance duo plan £150m SPAC IPO on London Stock Exchange

    March 31, 2022

    Insurance industry veterans Will Allen and Andy Rear are planning to raise £150m through the launch of a new special purpose acquisition company (SPAC) in the coming days. The prominent duo plan to list a shell company called FINSAC on the London Stock Exchange (LSE) with a view merging with a leading name insurance technology [...]

  • Save the Children sets up Islamic charity fund

    March 31, 2022

    A leading Islamic scholar has endorsed Save the Children’s plans to launch a Zakat charity fund. Islamic scholar Shaykh Haytham Tamim issued a Fatwa in favour of Save the Children’s new fundraising policy, meaning Muslims from around the world will now be able to contribute to the charity as part of Zakat. As the fifth [...]

  • Laytons ETL completes acquisition of City of London real estate specialist Cannings Connolly

    March 31, 2022

    Laytons ETL Global has completed its acquisition of City of London law firm Cannings Connolly, marking Laytons’ first acquisition since it joined ETL Global last year. In a statement Laytons’ managing partner John Abbott said the deal will add “valuable” new strings to its bow, by expanding its commercial real estate and construction offerings. The [...]

  • Aviva chief Amanda Blanc to sit alongside Sir David Attenborough as ambassador for WWF

    March 31, 2022

    Aviva chief executive Amanda Blanc is set to join a group of high-profile environmentalists in becoming an ambassador for nature charity WWF. In taking up her new position, the Aviva chief will sit alongside Sir David Attenborough and other prominent figures on WWF’s Council of Ambassadors. The insurance exec’s new role as ambassador will see [...]

  • Law Society supports British judges’ decisions to step down from Hong Kong’s top court

    March 30, 2022

    The Law Society of England and Wales has said it supports the decisions made by two top-ranking British judges to resign from Hong Kong’s highest court, after they claimed the city-state’s crackdown on free speech has made their positions untenable. Law Society president I. Stephanie Boyce said the Law Society shared Lord Reed’s assessment that [...]

  • Big Four cut ties to China’s debt-ridden property giants as developers delay results

    March 30, 2022

    The Big Four auditors have begun cutting their links to China’s heavily indebted property developers, amid mounting concerns over the sector’s debt crisis. Accountancy giants Deloitte and PwC have both pulled out of auditing at a slew of Chinese property developers over the past three months. The exits come as PwC is reportedly set to [...]

  • Randox delays release of audited results amid concerns over Covid procurement process

    March 30, 2022

    Covid test maker Randox has delayed release of its audited results amid mounting scrutiny over the government’s decision to award it contracts worth almost £777m. The delay to publication comes after the UK’s public spending watchdog said the government failed to document the procurement process that led to Randox being awarded 22 government contracts for [...]

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