Police association headquarters hit by malware cyber attack March 21, 2019 The association for British police officers has been hit by a malware attack at its Surrey headquarters. The Police Federation of England and Wales (PFEW) today said it fell victim to an attack on 9 March, and said it had put steps in place to isolate the impact and reduce the risk of it spreading. Read [...]
Sterling slides to fresh one-week low against dollar as Brexit clouds gather March 21, 2019 The pound slid against the dollar this afternoon to hit a fresh one-week low after French President Emmanuel Macron said Britain “will be going to a no deal” if Parliament again rejects the Brexit agreement. Sterling was down 0.8 per cent today against the dollar as traders reacted badly to continued uncertainty in the Brexit saga. [...]
Facebook, Cambridge Analytica, and your data – a look back one year after the personal data scandal March 21, 2019 Last Sunday marked the first anniversary of newspapers breaking the story of Cambridge Analytica. The Guardian and the New York Times revealed that the British political consulting firm had been able to harvest the personal data of millions of Facebook users without permission. Cambridge Analytica had to file for insolvency just a few months after [...]
Finland to probe Nokia phones over reports they sent data to China March 21, 2019 Data protection authorities in Finland are set to launch an inquiry into Nokia-branded phones following reports the handsets sent data to China. Norwegian media today reported the Nokia 7 Plus model, which is built by Finnish firm HMD, had suffered a data breach that had resulted in data being sent to China. Read more: Nokia [...]
Kirkland & Ellis retains its title as world’s richest law firm after 18 per cent revenue growth March 21, 2019 US legal powerhouse Kirkland & Ellis has retained its title as the world’s wealthiest law firm after its revenue jumped 18 per cent to $3.76bn (£2.87bn) in 2018. The firm, which has expanded rapidly in London in recent years, also boosted profit per equity partner (Pep) seven per cent to $5.03m, the first time it [...]
Amazon brings in BT Sport for Premier League matchday coverage March 21, 2019 Amazon has hired BT Sport to produce its studio and live action matchday coverage for Premier League games next season. The tech giant last year revealed it had secured exclusive rights to livestream 20 matches per season, which will be available to its Prime customers. Read more: Disney closes $71bn takeover of 21st Century Fox But [...]
Challenger banks Oaknorth and Monzo team up to launch savings accounts March 21, 2019 Fintech banks Oaknorth and Monzo have launched a partnership that will allow Monzo users access to a high-interest savings account for the first time. The challenger bank tie-up will allow customers to open a range of savings accounts, with rates of up to 1.55 per cent, within minutes in the Monzo app. An easy-access cash [...]
Rolls-Royce boss Warren East to leave Dyson board as vacuum maker moves into electric car market March 21, 2019 Rolls-Royce chief executive Warren East is to step down from the board of Dyson, where he has served as a non-executive director for six years. Dyson this morning confirmed East would leave the board, meaning the vacuum cleaner manufacturer will be without one of the world’s foremost engineering business experts as it tries to move [...]
Tory Assembly member accuses Sadiq Khan of ‘tricking Londoners’ over housing targets March 21, 2019 A Conservative Assembly member has said Sadiq Khan's housing credibility is in "tatters" after he accused the mayor of double counting figures from previous years. Andrew Boff, a former mayoral candidate and Tories' housing spokesperson in the London Assembly, said Khan had failed to reach his housing target of 12,500 homes for the previous financial year because he had [...]
Creditors approve Giraffe and Ed’s Easy Diner CVA March 21, 2019 The operator of Giraffe and Ed’s Easy Diner has been given the green light for store closures today, as creditors voted through a major restructuring plan that puts hundreds of jobs at risk. Giraffe Concepts Limited, which gained the 75 per cent approval it needed from creditors in a vote this afternoon, is now set to [...]