It’s on: Khan v Bailey will be a chance to scrutinise the leading candidates March 6, 2020 Four years ago I chaired the first head- to-head debate between the mayoral candidates Sadiq Khan and Zac Goldsmith. It was a dramatic encounter, with the Labour candidate (and current London mayor) laying into his rival for the Tory campaign’s descent “into the gutter.” Just days before the debate, Goldsmith had launched a stinging attack [...]
Tory heavyweights propose amendment to oust Huawei March 6, 2020 A group of Conservative MPs will next week seek to pass a law banning Huawei from the UK’s telecoms infrastructure after 2022. Tory heavyweights including Sir Iain Duncan Smith, Owen Paterson, David Davis and Damian Green have proposed an amendment to the government’s telecoms infrastructure bill that would bar companies deemed to be “high risk [...]
International Women’s Day March 6, 2020 | Sponsored This month in The City Culture Corner, we are celebrating International Women’s Day with eight women working in the culture sector. From dancers to composers, and singers to actresses, The City Culture Corner curator, Tessa Marchington has sought out these industry leaders, and asked them how they embrace risk taking in their work. See below [...]
UK house prices: Brexit clouds lift, but coronavirus threat looms March 6, 2020 UK house prices rose 2.8 per cent in February compared to the same month last year, Halifax data showed today. Homes’ values increased 0.3 per cent month on month and 2.9 per cent on a quarterly basis, Halifax’s House Price Index found. That left the average UK house price at £240,677 in February. But while [...]
Government has spent £4.4bn on Brexit preparations March 6, 2020 The UK government has spent at least £4.4bn of taxpayers’ money on preparations to leave the EU, the public spending watchdog said today. The National Audit Office (NAO) said most of the money was spent on staff costs, building new infrastructure and paying for external advice. The government overall only spent about 70 per cent [...]
Budget should include ‘hardship fund’ for firms hit by coronavirus, says British Chambers of Commerce chief March 6, 2020 The chief of the British Chambers of Commerce (BCC) has called on the government to include a “hardship fund” for firms affected by the coronavirus in this month’s Budget. Director-general of the BCC, Dr Adam Marshall, has written to chancellor Rishi Sunak asking him to roll out measures supporting small and medium-sized firms, according to [...]
Virgin Media data breach hits 900,000 customers March 6, 2020 Virgin Media last night admitted that a data breach had seen the personal details of around 900,000 people left unsecured and accessible online for 10 months. The company said that it had not been hacked, but that the breach had been caused because the database was incorrectly configured. It stressed that the database did not [...]
JP Morgan chief executive Jamie Dimon undergoes emergency heart surgery March 6, 2020 JP Morgan Chase chief executive Jamie Dimon is recovering from emergency heart surgery, the bank said. The 63-year-old experienced a tear in his heart’s main artery which was caught early and treated successfully, JP Morgan said in a publicly-released internal memo. Dimon is “awake, alert, and recovering well” after the surgery yesterday morning, the memo [...]
Cityfibre extends full fibre roll-out to 36 more cities March 6, 2020 Cityfibre will extend the roll-out of its full fibre network to 36 more towns and cities around the country, with an additional £1.5bn in construction contracts to be awarded by July. The new investment, which is part of a £4bn national programme targeting up to 8m premises in the UK, will bring full fibre to [...]
Government working with supermarkets to ensure self-isolating coronavirus patients can be supplied with food March 6, 2020 The government is working with supermarkets to make sure people self-isolating due to coronavirus can still be supplied with food, the health minister said yesterday. Responding to an audience member concerned about possible food shortages in a coronavirus epidemic on BBC’s Question Time Matt Hancock said there was absolutely no need” for people to buy [...]