Is Valentine’s Day just a marketing gimmick? February 14, 2020 Is Valentine’s Day just a marketing gimmick? Nicholas Mazzei, a corporate social responsibility adviser, says YES. Love is a commodity in much demand, and there is little enough of it to go around. The decline in the amount of sex men in the US are having has been linked to the rise of popularism and [...]
Don’t frame it as a front in the culture war, BBC reform can be in everyone’s interests February 14, 2020 With the announcement last week of a consultation on decriminalising non-payment of the licence fee, ministers boycotting core programmes following accusations of bias, and veiled threats from the government about its potential demise, fans of the BBC would be forgiven for thinking that their treasured broadcaster is under attack. But by framing this as a [...]
Free ports can revitalise the UK’s forgotten coastal communities February 14, 2020 Britain has always been a maritime nation. But for decades, our coastal communities have been ignored. Now, in the wake of Brexit, it’s high time we invested in these areas — and the government’s announcement that it is beginning a consultation on 10 free ports is a major step towards realising the potential of these [...]
Exclusive: Reform comes to City of London after ‘inappropriate’ questions asked of gay candidate February 13, 2020 The City of London Corporation has revealed sweeping changes to the process of selecting the Lord Mayor and Sheriffs as part of a drive to increase the diversity of candidates. The new system will include a more structured interview procedure, with independent representatives “closely” involved and an independent professional firm being brought in to observe [...]
Javid launches parting shot over Treasury ‘impartiality’ February 13, 2020 Sajid Javid launched a parting shot at the Prime Minister yesterday after sensationally quitting as Chancellor, warning that Johnson and his aides were risking the “credibility” of the Treasury. Tensions between Number 10 and Number 11 dramatically came to a head during yesterday’s reshuffle, with Javid resigning in protest over plans to fire his advisers [...]
Fifth business secretary in a decade after bruising reshuffle February 13, 2020 The business community will today start building ties with its fifth secretary of state in a decade, after yesterday’s bruising reshuffle saw Andrea Leadsom one of the first to be sacked. Leadsom, who was widely expected to leave Boris Johnson’s Cabinet, is being replaced by former international development secretary Alok Sharma. Although she was not [...]
Judge pauses Microsoft’s $10bn Pentagon contract in Amazon lawsuit February 13, 2020 A US judge has temporarily blocked Microsoft’s $10bn (£7.66bn) Pentagon cloud computing contract, in response to a lawsuit filed by Amazon. Judge Patricia E. Campbell-Smith issued the injunction but did not release her written opinion. Amazon Web Services has been told to earmark $42m to pay for costs and damages in the event that today’s [...]
New £27m aparthotel planned for Aldgate February 13, 2020 A new £27m 12-storey aparthotel development in Aldgate has been given the go-ahead, in the latest sign of confidence in London’s hotel market. US asset manager Oaktree Capital Management has backed the development, which will be a new Locke hotel operated by Edyn Group. The 103-unit venue in Buckle Street, near Aldgate East station and [...]
US hits Huawei with fresh charges over alleged trade secret theft February 13, 2020 The US has ramped up its attack on Huawei, filing a raft of new charges against the embattled Chinese tech giant on allegations of stealing trade secrets. In a 16-count indictment published today, the Justice Department accused Huawei of stealing technology from six unnamed American companies. The fresh accusations come alongside raft of other charges [...]
Tesla shares rise as it unveils plan for $2bn stock issue February 13, 2020 Shares in Tesla rose this afternoon after the electric car maker said it would raise roughly $2bn (£1.5bn) by issuing new stock. Idiosyncratic chief executive Elon Musk will personally purchase up to $10m of shares in the new offering, while Oracle founder Larry Ellison, who sits on Tesla’s board of directors, will also buy up [...]