The City is back but under new management December 21, 2010 BRITAIN’S financial landscape has been transformed since we last shone a light on the City’s most powerful figures two years ago. The City A.M./CityJet Power Hundred 2011 list ranks the most influential figures in UK finance as we head into the new year. It should be no surprise that it is very different from 2009. [...]
Small businesses face mammoth fines as government cracks down on fraud April 5, 2010 FROM today the Information Commissioner’s Office (IOC) will have the power to fine small businesses up to £500,000 for losing clients’ confidential data. The new measures, which fall under data protection rules, were passed in Parliament three months ago and are part of the Government’s latest attempt to crack down on fraud. Previously the IOC [...]
T-Mobile admits that employee sold off private customer data November 17, 2009 AN EMPLOYEE of mobile phone operator T-Mobile is facing prosecution after selling personal details of thousands of British customers to rival companies in an alleged major breach of data protection laws. In a statement, T-Mobile UK, part of Deutsche Telekom, said it had contacted the Information Commissioner’s Office (ICO) after discovering an employee was passing [...]
WHAT GOD COMPLEX? BLANKFEIN IS JUST FEELING A WEE BIT LONELY November 8, 2009 One could feel a bit sorry for Goldman Sach’s chairman and chief executive Lloyd Blankfein. Push aside the fact that he earns more than the GDP of a small country for doing “God’s work”, and life on the 30th floor starts to look very lonely. “People are pissed off, mad and bent out of shape. [...]
Big Brother in the Square Mile raises legal issues August 11, 2009 THERE is nothing so British as fear of Big Brother. And perhaps, not without reason – the UK has 20 per cent of the world’s CCTV cameras. But the latest fear is being spied on at work. City firms have begun to import state-of-the-art tactics to keep a close eye on employees, and it is [...]
Big Brother in the Square Mile raises legal issues August 11, 2009 THERE is nothing so British as fear of Big Brother. And perhaps, not without reason – the UK has 20 per cent of the world’s CCTV cameras. But the latest fear is being spied on at work. City firms have begun to import state-of-the-art tactics to keep a close eye on employees, and it is [...]
SPINVOX ACTIVIST KICKS UP A RUMPUS August 17, 2009 THE rumpus surrounding controversial voice-to-text messaging firm SpinVox continues apace. After the firm recently admitted some of its messages are translated into text manually by workers outside the UK, some former customers are up in arms – and I read on a techie blog that one in particular is spearheading a drive to persuade people [...]
SPINVOX ACTIVIST KICKS UP A RUMPUS August 17, 2009 THE rumpus surrounding controversial voice-to-text messaging firm SpinVox continues apace. After the firm recently admitted some of its messages are translated into text manually by workers outside the UK, some former customers are up in arms – and I read on a techie blog that one in particular is spearheading a drive to persuade people [...]