Dubai court upholds extradition of British financier accused of £1.4bn tax fraud April 4, 2023 A court in Dubai on Monday rejected the appeal of a British financier fighting extradition to Denmark, where he is accused of orchestrating a 1.7 billion US dollar (£1.4 billion) tax fraud. Hedge fund trader Sanjay Shah is accused of masterminding a scheme that ran from 2012 to 2015 in which foreign businesses pretended to [...]
Australia follows UK, US, Canada and New Zealand in banning TikTok from government devices April 4, 2023 Australia has become the last of the Five Eyes security partners to ban the Chinese-owned video-sharing app TikTok from its federal government’s devices. Attorney-General Mark Dreyfus said in a statement on Tuesday that based on intelligence and security agencies’ advice, that ban would come into effect “as soon as practicable”. The so-called Five Eyes intelligence-sharing [...]
Donald Trump: Former President to surrender and face criminal charges over 2016 hush money payments April 4, 2023 An extraordinary moment in US history is scheduled to unfold in a Manhattan courthouse on Tuesday as former president Donald Trump, who faces multiple election-related investigations, will surrender to face criminal charges stemming from 2016 hush money payments. The booking and arraignment are likely to be relatively brief — though hardly routine — as Mr [...]
Over 50s take to the waves once more as cruise and insurance giant Saga’s revenue boosted by 50 per cent April 4, 2023 Over 50s specialist Saga boosted its revenue by more than 50 per cent on last year, as older and middle-aged Brits returned to cruises and holidays post pandemic. Shares in the company were up almost three per cent this morning, as it announced 2023 earnings of £581m for the year ended January 31, up from [...]
Heartfelt tributes paid to ‘Tory giant’ ex Chancellor Nigel Lawson who dies aged 91 April 3, 2023 The former Chancellor Nigel Lawson, who oversaw the City’s mid-eighties Big Bang, has passed away at 91. Prime Minister Rishi Sunak led tributes to the party grandee and leading Brexiteer as an “inspiration” while Boris Johnson marked him as a “giant” of Tory politics. Prior to entering politics Lawson was the City editor of the [...]
CBI: Membership body rocked by further allegations of sexual misconduct April 3, 2023 The CBI, Britain’s trade body for big business, has been hit by a raft of further allegations of sexual misconduct at the organisation. The reports come only weeks after the body’s boss, Tony Danker, voluntarily stepped aside whilst an investigation into his own conduct is underway. According to reports in the Guardian today, more than [...]
Confusion on Twitter as Elon Musk fails to take blue ticks off site – despite saying they’d go on 1 April April 3, 2023 Twitter has failed to take legacy blue checkmarks off the social media platform after it committed to remove them on April 1. The business, led by billionaire owner Elon Musk, has also confused many people by making older verified users indistinguishable from those who have paid for the checkmark. It comes after Mr Musk said [...]
Teachers back new strikes after ‘insulting’ offer as schools likely to shut, forcing parents to stay at home April 3, 2023 Schools in England face fresh strikes this spring after members of the largest education union in the UK rejected the Government’s pay offer. An overwhelming 98 per cent of National Education Union (NEU) teacher members in England, who responded in a consultative ballot, voted to turn down the deal. The NEU, which had urged its [...]
The must-have accessory for global finance chief execs? A first class flight to Beijing April 3, 2023 A flurry of top financial executives have visited China for the first time since the COVID-19 pandemic as global financial giants seek to cement their relations with Beijing at the start of President Xi Jinping’s new term. Goldman Sachs CEO David Solomon, HSBC CEO Noel Quinn and Standard Chartered boss Bill Winters are among the [...]
Watch the moment Russia is rocked by an explosion in St Petersburg cafe which kills prominent pro war blogger April 3, 2023 An explosion has torn through a cafe in Russia’s second-largest city, killing a prominent military blogger who had supported the fighting in Ukraine and was speaking at a patriotic discussion event. Russian news reports said blogger Vladlen Tatarsky was killed in the explosion at the Street Food Bar No 1 cafe in St Petersburg. Twenty-five [...]
