Sentencing day for sex trafficker Ghislaine Maxwell as London socialite faces up to 65 years in prison June 28, 2022 Ghislaine Maxwell will hear today how long she will have to spend in prison as the socialite is facing up to 65 years for luring young girls to massage rooms to be molested by Jeffrey Epstein. The 60-year-old British socialite, who was labelled “dangerous” by the prosecution during her three-week trial last year, helped entice [...]
Exclusive: Poor connectivity costs UK firms £18bn a year June 28, 2022 British SMEs are losing £18.77bn a year because of poor connectivity, costing the UK economy, an estimated loss of £7.7bn every year. The research, conducted by Three UK, YouGov and Development Economics, found that micro-businesses and small to medium sized firms, who provide their employees with work phones, are losing out on an average of one hour of [...]
Soaring inflation burns hole in councils’ finances, LGA finds June 28, 2022 Rampant inflation is burning a hole in the finances of English and Welsh councils and may force them to trim public services without more funding, reveals a fresh report published today. Rising energy costs caused by Russia’s invasion of Ukraine lifting European gas prices and an uplift to the national living wage will heap an [...]
Extending windfall tax to renewables will jeopardise investment warns RWE boss June 28, 2022 RWE boss has warned energy firms will reconsider investment plans in the North Sea if the UK expands its windfall tax to electricity generators.
UK food standards under threat after years of Brexit chaos and Covid upheaval June 28, 2022 The UK is facing “significant risks” to its food standards following two years of upheaval, according to a new report. The Food Standards Agency (FSA) and Food Standards Scotland (FSS) released the first of what will be an annual report highlighting changes and challenges facing the UK’s food system. The two agencies said it comes [...]
A look at England’s former captain as Eoin Morgan retires from international cricket June 27, 2022 “We Allah with us as well. I spoke to Adil [Rashid] and he said ‘Allah was definitely with us’ and I said ‘we had the rub of the green’.” The words of Irish-born limited overs cricket captain Eoin Morgan after his incredibly diverse England side won the 2019 Cricket World Cup at Lord’s after that [...]
The lack of board diversity is deterring investors as the gender gap could take 100 years to close June 27, 2022 A lack of diversity in Europe’s top financial services boardrooms is deterring investors from backing firms, new research has revealed.
Withdrawing investor tax breaks could choke off start-up investment, VC bodies warn MPs June 27, 2022 Venture capital bodies have today warned MPs that the withdrawal of tax incentives for investors could choke off the flow of capital into UK start-ups and restrict the growth of the country's tech sector.
NSO Group nabbed £1.9bn EY valuation despite emergency bailout June 27, 2022 Israeli spyware firm NSO Group was given a $2.3bn (£1.9bn) valuation by EY just months before requiring a $10m emergency bailout.
Telecom giants agree new cost of living plan amid rocketing prices June 27, 2022 The UK’s biggest broadband and mobile operators have agreed to a raft of new commitments to further help customers with the rising cost of living following a government-led summit at No 10 Downing Street.