Rail union boss threatens national shutdown following Stagecoach pensions row April 11, 2019 The boss of one of the UK's largest transport unions has threatened a national shutdown on the railways following a row over pensions that escalated after the government barred Stagecoach from bidding for three rail franchises. Yesterday Stagecoach, which runs a partnership with Richard Branson's Virgin Trains, was excluded from bidding for the East Midlands, West [...]
Huawei insists its technology is ‘as secure as any’ as it hits out at US April 11, 2019 Huawei has insisted the security of its telecoms equipment is as secure as any of its competitors, as it hit back at the US’s calls for a global ban on the firm. “We are probably the most tested vendor in the world,” Huawei’s cybersecurity director Sophie Batas told reporters in Brussels, according to Reuters. Read [...]
CBI chief calls for second Brexit referendum if MPs can’t ‘get their act together’ April 11, 2019 Another EU referendum should be held if MPs are unable to “get their act together” and sign off a Brexit deal, the president of the CBI has insisted. Speaking after the EU granted a second delay to the UK’s withdrawal from the organisation, John Allan said going back to the public could well be the [...]
Uber investors buckle up for lower IPO price after Lyft shares veer off course April 11, 2019 Uber may be planning to price its shares more modestly than expected in its eagerly-anticipated float as it looks to learn from the torrid trading of its smaller rival Lyft. Analysts have warned the ride-hailing giant may need to lower its expectations for its initial public offering (IPO), after Lyft’s poor performance sparked fears big tech [...]
Assange: The Fugitive in Custody April 11, 2019 The decision by the Ecuadorian government to end Julian Assange’s diplomatic immunity and the Australian’s arrest by the Metropolitan Police is not the end of the WikiLeaks saga – but it certainly seems to be the beginning of the end for the man himself. Assange faces a charge of skipping bail, but his extradition for [...]
Theresa May told to resign over ‘abject surrender’ of Halloween Brexit delay April 11, 2019 Theresa May was accused of an “abject surrender” and told to resign by a furious veteran Conservative MP today after she agreed to another delay to Brexit. Read more: May vows to seek 'orderly' Brexit after Halloween extension Sir Bill Cash, one of parliament’s most long-standing anti-EU MPs, urged the PM to quit as she [...]
Nasdaq increases Oslo Bors stake as battle with Euronext comes to a head April 11, 2019 Nasdaq has grabbed more of a stake in Norwegian stock exchange Oslo Bors as it looks to gain the upper hand in its battle with Euronext. The US giant increased its stake by around two per cent, leaving 37 per cent of Oslo Bors shares owned by Nasdaq or committed to support its takeover bid. [...]
Wikileaks founder Julian Assange found guilty of breaking bail conditions as US reveals hacking charges for ‘Chelsea Manning conspiracy’ April 11, 2019 Wikileaks founder Julian Assange has been found guilty of breaching his 2012 bail order at Westminster Magistrates Court this afternoon, it is reported. It means he faces a prison sentence of up to 12 months, the Press Association said. Read more: Assange arrested on US extradition request at Ecuadorian embassy Assange had reportedly pleaded not [...]
Competition regulator accuses Casio of preventing price discounts April 11, 2019 Britain's competition watchdog has accused electronics giant Casio of illegally preventing price discounts today. Casio was provisionally found to have broken competition law by "restricting retailer freedom to discount online" by the Competition and Markets Authority (CMA) this morning. The Competition and Markets Authority (CMA) has issued a statement of objections to Casio Electronics which, as [...]
Accounting watchdog to investigate audits of outsourcer Interserve’s financials by Grant Thornton April 11, 2019 Britain’s accounting watchdog has started investigating the audits of Interserve by Grant Thornton, weeks after the outsourcer collapsed into administration. The Financial Reporting Council (FRC) said this morning it is looking into Interserve’s accounts in 2015, 2016 and 2017. Read more: Interserve begins its new life as a private company Last month, Interserve finally collapsed into [...]