Former PM David Cameron will be investigated over lobbying Sunak and Bank for Covid cash for Greensill March 25, 2021 David Cameron will be investigated over lobbying Sunak and Bank for Covid cash for Greensill
Elon Musk allows customers to buy Tesla cars with Bitcoin March 24, 2021 Eccentric billionaire Elon Musk has allowed Tesla customers to pay with Bitcoin, should they want to. Early this morning Musk, who literally changed his job little to ‘Technoking’ of Tesla last week, tweeted: “You can now buy a Tesla with Bitoin”, and “Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat [...]
UK in talks with Elon Musk’s Starlink over broadband rollout March 19, 2021 The government is in talks with Elon Musk’s Starlink over using satellites to help roll out full-fibre broadband in the most remote parts of the UK. Ministers today confirmed the launch of a £5bn plan to bring high-speed internet connections to properties across the country in the coming years. The government had originally set the [...]
Health department’s Covid response was an ‘absolute total disaster’, says Dominic Cummings March 17, 2021 The health department’s initial response in the early days of the Covid pandemic was an “absolute total disaster”, Dominic Cummings has told MPs. The Prime Minister’s former chief aide added that the health department was a “smoking ruin in terms of procurement and PPE”. “Obviously last year we saw that the Department for Health had [...]
Russia for Trump, Iran for Biden: report shows interference in 2020 US election March 16, 2021 Vladimir Putin knew of and likely directed a Russian effort to help former US President Donald Trump win the 2020 presidential campaign, according to US intelligence officials. In a report published today, the officials said the Russian interference included spreading “misleading or unsubstantiated allegations” against challenger – and now President – Joe Biden. The allegations [...]
Global growth narrative set to shift as pre-pandemic legacy issues resurface March 16, 2021 You may have missed what happened in the US and China over the past week but two major events took place in the world’s two largest economies that have the potential to directly impact us here in the UK. The first is the passage of President Biden’s $1.9trn stimulus bill in the US. The second [...]
Sadiq Khan to unveil £544m plan to fund London’s Covid recovery March 16, 2021 Sadiq Khan will today announce a £544m investment in London’s jobs and high streets to help the capital recover from the coronavirus pandemic. The Mayor of London will also call on the government to match his spending plans for the city as he unveils the proposals at the inaugural London Recovery Summit. Alongside the spending [...]
Name-dropping: Elon Musk changes job title to Technoking of Tesla March 15, 2021 Eccentric billionaire Elon Musk has a history of riling shareholders with his unusual behaviour, and his latest stunt could put another black mark by his name. In a stock market filing today, the troublesome tycoon announced he has changed his job title to Technoking of Tesla, in addition to his current role of chief executive. [...]
Virgin Atlantic set to raise £160m amid ongoing travel restrictions March 13, 2021 Virgin Atlantic is in discussions to raise £160m from shareholders and creditors as the airline seeks to shore up its finances ahead of the planned reopening of travel in the coming months. Billionaire businessman Sir Richard Branson is set to provide the bulk of the funding through Virgin Group, which is expected to inject around [...]
Tesla shareholder sues Elon Musk over tweets March 12, 2021 A shareholder in electric car firm Tesla is suing outspoken boss Elon Musk, claiming that his tweets have exposed investors to billions in losses. The claim accuses Musk of breaking a settlement reached with the US Securities and Exchange Commission back in 2018. At that time, the regulator came down hard on the South Africa-born [...]