‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Huawei gets government’s go ahead for limited involvement in UK 5G January 28, 2020 Chinese tech firm Huawei has been given the go-ahead for limited involvement in the UK’s 5G infrastructure, the government has confirmed. The full details of the decision, which was agreed at a meeting of the National Security Council this morning, are expected to be laid out by culture secretary Baroness Nicky Morgan in the House [...]
Huawei 5G verdict Q&A: All of your questions answered January 28, 2020 Boris Johnson today issued his verdict on Huawei, ruling that the Chinese tech firm will be granted a role in building the UK’s 5G network. A long-awaited government ruling said the controversial company, which is classed as a high-risk vendor, will be allowed to build non-core parts of the next-generation mobile system. However, Huawei will [...]
Boris Johnson set for showdown with US over Huawei decision January 26, 2020 One of Westminster’s most senior MPs has warned on the eve of the Huawei announcement that a deal with the tech giant would “hand control to Beijing”. Tom Tugendhat, who is seeking re-election as chair of the powerful foreign affairs select committee, today said the decision over whether the Chinese firm will be granted a [...]
Amazon breaks $200bn mark as world’s most valuable brand January 22, 2020 Online retail titan Amazon has defended its position as the world’s most valuable brand for a third year in a row, with the firm becoming the first to break the $200bn (£153bn) mark. Jeff Bezos’ company is worth $220.8bn in total, over $60bn more than second-placed Google, which is worth $159.7bn, according to the annual [...]
China repeats call for Canada to release Huawei CFO Meng Wanzhou January 20, 2020 China called again on Canada today to release detained Huawei finance chief Meng Wanzhou as soon as possible ahead of an extradition hearing. Foreign ministry spokesman Geng Shuang said Canada should correct its “mistake” in arresting the executive, who is the daughter of Huawei chief executive Ren Zhengfei. “The resolve of the Chinese government to [...]
BT and Vodafone ‘support Huawei involvement’ in UK 5G network January 17, 2020 BT and Vodafone are reportedly set to support Chinese telecoms firm Huawei’s involvement in the UK’s 5G network. The companies are preparing a letter to be sent to the Prime Minister to lobby him to support the move, saying a ban on Huawei could stunt the growth of the UK’s digital economy, Sky News reported. [...]
UK ‘must not let fox into the hen house’ with Huawei decision January 15, 2020 Boris Johnson has been warned not to “let the fox into the hen house” by allowing Huawei to build the UK’s 5G network. Tom Tugendhat, who is running for reelection as chair of the Foreign Affairs Committee, today said the embattled telecoms giant was “integrally” part of the Chinese state and could not be trusted. [...]
Huawei hits back at ‘unsubstantiated allegations’ of spying January 14, 2020 Huawei has urged the government to ignore “unsubstantiated allegations” of spying levelled by the US amid fresh speculation over the Chinese firm’s role in the UK’s 5G network. Top US officials have reportedly warned their British counterparts that using Huawei’s equipment would be “nothing short of madness”. During crunch meetings in London yesterday the security [...]
US officials to hold last-ditch talks with UK over Huawei ban January 12, 2020 US officials are gearing up for a final attempt to persuade the government to block Huawei from building the UK’s 5G network. Representatives from the US National Economic Council and National Security Agency are set to hold meetings in London tomorrow ahead of a final verdict on whether the embattled Chinese tech firm will face [...]
Just one in 10 Brits trusts Huawei amid China spying fears January 9, 2020 While the UK is yet to decide whether or not it will allow Huawei to participate in the country’s 5G network, it seems the public may already have made up its mind. Just one in 10 Brits said they trust the controversial Chinese tech firm, according to a new survey from Yougov, while 22 per [...]