Sunak says he is not ‘ignoring’ the billions of pounds of Covid fraud January 26, 2022 Rishi Sunak has moved to assure people he is not “ignoring” or “writing off” billions of pounds stolen from the government’s Covid support schemes. The chancellor today said that “criminals sought to exploit our support schemes”, but that “we’re doing everything we can to get that money back”. Treasury minister lord Theodore Agnew resigned spectacularly [...]
12 years later: EU court annuls Intel’s £886m antitrust fine January 26, 2022 Intel has won an appeal against a €1.06bn (£886m) EU antitrust fine that was handed to the company 12 years ago in a momentous win for tech firms.
If Ukraine falls, others will be next January 26, 2022 Down by the harbour in the beautiful city of Tallinn lies the Seaplane Harbour museum, the exhibits of which tell the story of Estonia’s heritage and, hopefully, its future. It achieved independence only in 1920 after centuries of foreign rule – before being invaded by the Nazis, and then annexed by the Soviet Union. It [...]
Government email suggests Johnson lied about intervening in Afghanistan to save rescue pets January 26, 2022 A newly released email from a Foreign Office official appears to suggest Boris Johnson lied about intervening in the Afghanistan evacuation last year to save a farm of rescue pets. Johnson said last month that it was “complete nonsense” to say he instructed British armed forces to help rescue pets from Nowzad animal sanctuary, after [...]
Maida Vale stabbing: Thousands sign petition calling for ‘hero’ driver not to face charges January 26, 2022 Thousands of people have signed a petition calling for a driver, who hit a knife attacker with his car, not to face criminal charges. People have branded the 26-year-old driver a “hero”, after he was arrested on suspicion of murder of 41-year-old Leon McCaskre, who stabbed his ex-partner Yasmin Chkaifi to death. Several people had [...]
EU aims to be ‘torchbearer’ introducing digital rights and principles January 26, 2022 The European Commission, in a global first, proposed a set of digital rights and principles this morning that aim to protect people's rights, support democracy and ensure a fair and safe online environment.
Omicron pushing US Fed into action January 26, 2022 | City Talk Stagflationary risks are rising as Covid variant extends disruption and central bank steps up to bring inflation under control. US inflation hit its highest level since 1982 at the end of 2021, with the consumer price index (CPI) reaching 7% year-on-year. The figures were widely anticipated, but only add to pressure on the US Federal [...]
Today’s Fed meeting: ‘Officials are behind the curve when it comes to dealing with inflation risk’ January 26, 2022 Markets’ main focus is set to be on today’s Fed meeting, and the messaging that is expected to layout the rate path for the rest of the year, starting with a widely expected 0.25 per cent March rate hike. “Last month’s Fed meeting saw the central bank accelerate its tapering program to $30bn a month, [...]
Smart device security law banning easy-to-guess passwords edges a step closer January 26, 2022 MPs are set to debate a new law to keep consumers’ phones, tablets, smart TVs, fitness trackers and other devices secure from cybercriminals today.
Westminster nervously awaits Sue Gray report on partygate as police probe shoots to top of Boris Johnson’s priority list January 26, 2022 Foreign Secretary Liz Truss said No 10 had still not received the Sue Gray report on Wednesday morning. Truss was asked on Sky News this morning: “Are we right in saying that Downing Street hasn’t yet received the Sue Gray report?” She responded: “That’s correct. And, of course, it’s an independent report, it’s a matter [...]