Governments owe $80bn in investor-state Arbitration losses Legal Investor-state disputes have more than doubled over the last decade, with decisions against governments totalling over $250m (£186m), and governments’ debts accumulating over $80bn (£60bn). Investor-state disputes enable overseas investors to recoup some of their investment if a government breaches its investment treaty obligations. Arbitration, an out-of-court method, is the preferred system for resolving these [...]
Government must improve its cybersecurity, warns UK watchdog Tech The government must fix its significant deficiencies as the cyber threat landscape outpaces its current defensive strategies, UK watchdog has warned. According to Wednesday’s report by the National Audit Office (NAO), the UK has a huge shortage of skilled cyber security professionals within its government departments. Gareth Davies, head of NAO, said: “The risk of [...]
Industry slams Labour government plans for ticket reform Sport Business Leading industry voices have slammed government plans to change the secondary ticketing market in sport, describing proposals as “draconian”. The government on Friday announced plans to tackle touts and potentially further regulate the secondary market following instances of extreme dynamic pricing relating to the sale of Oasis tickets. Measures could include a cap and a [...]