Donald Trump defrauded banks and insurers as he built his empire, judge rules September 27, 2023 A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House. Judge Arthur Engoron, ruling on Tuesday in a civil lawsuit brought by New York’s attorney general, found that the former president and his company deceived banks, insurers and others [...]
Elon Musk ‘not off the hook’: EU official warns X is the biggest source of fake news September 26, 2023 A top European Union official has said that the social network X, formerly known as Twitter, is the biggest source of fake news and urged owner Elon Musk to comply with the bloc’s laws aimed at combating disinformation. Ahead of upcoming elections, Google, TikTok, Microsoft and Meta also have more to do to tackle disinformation, [...]
Sunak looks to control HS2 costs as backlash grows against plan to cut back project September 26, 2023 Rishi Sunak is reportedly aiming to control the spiralling cost of the HS2 railway line project, which could reach over £100bn.
Oligarch: Putin and Russia won’t be stopped by ineffective sanctions September 26, 2023 Oligarch Oleg Deripaska said Russia and Putin have weathered Western sanctions imposed over the invasion of Ukraine
Labour vows to overhaul apprenticeship levy to improve skills and growth September 25, 2023 Labour has pledged to reform the apprenticeship levy in a bid to encourage firms to improve their employees' skills.
Scrapping HS2 risks wrecking future UK infrastructure, top Tories warn Sunak September 25, 2023 The government risks wrecking the UK’s future infrastructure projects if it goes ahead with “in effect scrapping” the HS2 railway line. Former Chancellor George Osborne and Tory grandee Lord Heseltine have warned Rishi Sunak that failing to complete HS2 would be “an act of huge economic self-harm”. It follows widespread reports the government is considering [...]
Labour pledge to overhaul audit and corporate governance regime September 25, 2023 The Labour Party has said it will pass long-awaited legislation on audit and corporate governance reforms if it wins the next general election.
Hunt’s mooted ISA reforms offer ‘a beacon of hope’ to struggling firms, business groups say September 24, 2023 Top City business groups have welcomed suggestions the Treasury could reform rules around ISAs in a bid to supercharge London-listed firms.
Government would be ‘crazy’ not to reconsider HS2 costs, minister says September 24, 2023 The government would be “crazy” not to reconsider the costs of the HS2 rail project, Grant Shapps has told the BBC. Shapps said Rishi Sunak was prepared to take “difficult long-term decisions” amid reports the Prime Minister is set to axe the northern leg of HS2. The defence secretary told the BBC’s Sunday with Laura [...]
Brexit ‘unpicked’? Starmer defends approach to EU as Tories go on the attack September 22, 2023 The Labour leader insisted there was no case for rejoining the EU, its single market or customs union after the Tories seized on comments suggesting he would not “diverge” from Brussels’ rules.