Three Brits arrested over £29m PPE fraud during Covid-19 February 8, 2023 The UK’s National Crime Agency (NCA) has arrested three Brits over claims they ran a fraudulent company that brokered $35m (£29m) worth of PPE procurement deals at the height of Covid-19. Investigators believe that one of the three individuals – a man in his 50s – set up a UK company with the sole purpose [...]
HSBC complicit in suppressing human rights in Hong Kong, MPs allege February 8, 2023 MPs have accused HSBC and other British banks of tacitly endorsing the suppression of human rights in Hong Kong. “British banks such as HSBC Bank Plc have been complicit in suppressing the human rights of Hongkongers, by proactively supporting the National Security Law,” the Hong Kong All-Party Parliamentary Group said in a report published today. [...]
Tanks for your friendship: Zelensky and Sunak tour UK military base in Dorset where Ukrainian soldiers train February 8, 2023 President Volodymyr Zelensky and prime minister Rishi Sunak have presented medals to Ukrainian troops training in the UK. The PM and the Ukrainian wartime leader are visiting Lulworth Camp, in Dorset, where members of the Ukrainian military are being trained to use Challenger 2 tanks. Zelensky and Sunak disembarked from a helicopter after being flown [...]
Leeds United, Everton and Aston Villa have Premier League’s worst performing fan tokens – but do supporters really care? February 8, 2023 Fan tokens have performed badly over the last year with Leeds United, Everton and Aston Villa showing the worst returns, but do supporters really care?
‘Unmitigated disaster’: Unions and Sadiq Khan slam transport sec Mark Harper’s rail reform plan February 8, 2023 Unions and Sadiq Khan have slammed the government’s plans to enhance the private sector’s role in railways, calling it “an unmitigated disaster.” It comes after transport secretary Mark Harper announced last night the creation of Great British Railways (GBR), saying the new public body will take “politics out of the railways.” According to Harper yesterday, [...]
FTSE 100 close: BP propels London index to record high as UK set to swerve recession February 8, 2023 London’s FTSE 100 pumped to a record intraday high today led higher by oil giant BP and investors globally cheering signs that central banks are nearing the end of their interest rate rises. The premier index hit its record intraday high of a shade over 7,925 points at the open in the City today. It [...]
Covid loan crisis as taxpayers foot £4.4bn bill to cover losses with more still owed in arrears or defaults February 8, 2023 The cost of Covid-era loan losses to the taxpayer could total £11bn, according to figures released by the British Business Bank British banks have already been paid £4.4bn to cover losses including fraud with more in arrears or default. Of the £77bn issued across three different loan schemes, according to figures published , £4.4bn has [...]
Convicted: Ex Labour MP Jared O’Mara guilty of fraud to fund cocaine habit – while in office February 8, 2023 A former Labour MP has been found guilty of making fraudulent expenses claims to fund a cocaine habit while in office. Jared O’Mara was convicted of six counts of fraud after trying to claim around £24,000 of taxpayers’ money for his “extravagant lifestyle”. The 41-year-old, who represented the constituency of Sheffield Hallam from 2017 to [...]
Ukrainian president Volodymyr Zelensky meets King Charles at Buckingham Palace February 8, 2023 Ukrainian president Volodymyr Zelensky has held an audience with King Charles III at Buckingham Palace. The Ukrainian leader was driven through the front gates of the royal residence and into the quadrangle. It is the first time the monarch has met Zelensky and comes after Zelensky made a historic address to MPs and peers in [...]
Microsoft’s Activision Blizzard bid would mean higher prices and less choice for gamers, CMA probe warns February 8, 2023 Microsoft’s proposed acquisition of gaming firm Activision Blizzard could result in higher prices, fewer choices or less innovation for UK gamers, the Competition and Markets Authority (CMA) has said. In the provisional findings of its five-month investigation into the 68.7 billion dollar (£56.7 billion) deal, the CMA said the merger could make Microsoft stronger, stifle [...]
