‘Bitcoin inventor’ court proceedings dropped in London as judge says it’s no longer in public interest April 5, 2023 Contempt of court proceedings involving a computer expert who claims to be the inventor of Bitcoin have been dropped after judges ruled it was no longer in the public interest to continue. Dr Craig Wright, who says he is Bitcoin creator “Satoshi Nakamoto”, was facing allegations that he may have deliberately leaked details of a [...]
New car market increased 18 per cent last month to mark release of new number plates April 5, 2023 The UK’s new car market has grown for eight consecutive months, figures show. Some 287,825 new cars were registered last month, up 18.2 per cent on March 2022, the Society of Motor Manufacturers and Traders (SMMT) said. The increase was attributed to an easing of global supply chain shortages. Large fleets, which include vehicles owned [...]
Royal Mail talks end without agreement in dispute over pay, jobs and conditions April 5, 2023 Talks aimed at resolving a long-running dispute at Royal Mail have ended without agreement. The company has been meeting the Communication Workers Union to try to reach a deal over pay, jobs and conditions. A Royal Mail spokesman said: “After 11 months of talks, including mediation by Sir Brendan Barber and Acas, we are deeply concerned that our talks with CWU [...]
Credit Suisse: Swiss regulator defends UBS rescue takeover as ‘best option’ April 5, 2023 The head of the Swiss financial regulator has defended the rescue of Credit Suisse through a takeover by rival bank UBS as the solution with the least risk of creating a wider crisis and damaging Switzerland’s standing as a financial centre. The merger was “the best option” and one that “minimised risk of contagion and [...]
Nicola Sturgeon’s husband and ex SNP chief Peter Murrell is arrested in probe over party funding April 5, 2023 Former SNP chief executive, Nicola Sturgeon’s husband Peter Murrell, has been arrested in connection with the ongoing investigation into the funding and finances of the party. Police Scotland said a 58-year-old man, understood to be Murrell, is in custody and is being questioned by detectives. Officers are also carrying out searches at a number of [...]
Easter getaway: 17m car journeys, rail disruption, London Euston shut, strikes and queues – here’s all you need to know April 4, 2023 As millions of Brits look to make a short getaway for the Easter holiday, many will find out what it’s like to be sitting in queues or waiting for delayed trains. While rail union RMT called off strikes that had been planned for 30 March and 1 April after receiving a fresh offer from the [...]
Gupta-linked bank Wyelands escapes £8.5m fine for series of failures April 4, 2023 The Bank of England has said it would have fined Sanjeev Gupta-connected bank Wyelands more than £8.5 million for a plethora of failures at the winding-down lender. Wyelands was far too exposed to just one client in the form of Gupta’s group of companies – which bought the bank in 2016 – the Bank of [...]
CBI: Business group postpones all external events after fresh sexual misconduct claims April 4, 2023 The Confederation of British Industry (CBI), one of the UK’s biggest business groups, has postponed all external events after fresh allegations over sexual misconduct. The group will postpone events including its annual dinner, which is regularly attended by the Chancellor and was due to host Bank of England governor Andrew Bailey this year. It had [...]
Nigel Lawson in 10 of his most memorable quotes April 4, 2023 Following the death of former Conservative chancellor Nigel Lawson, we have picked out some of his most memorable quotes. November, 1981. “The Conservative Party has never believed that the business of government is the government of business” As Chancellor in 1984 “I shall resist the temptation to dwell on the golden age of the 1950s [...]
Rejoice! City Airport ditches liquids and laptops rule – and Heathrow might be next April 4, 2023 No longer will Zurich-bound early-morning flyers need to dig out their laptop at airport security at London City – with scanners allowing passengers to keep their electronics and liquids safely tucked away in their hand luggage. The airport has introduced C3 scanners which effectively take high-res, 3D images of what’s inside a bag. The airport’s [...]
