Exclusive: Half of businesses suffered a cyber-attack in last 12 months February 22, 2021 Just over half (51%) of businesses in the UK have suffered a cyber-attack in the last 12 months, an issue becoming more prevalent with so many people working from home. Research by the Chartered Institute of Internal Auditors (CIIA), which quizzed nearly 200 businesses of all sizes and across various sectors, found the biggest barrier [...]
Banksy’s balloon girl and Kate Moss photo up for grabs at London art sale February 22, 2021 A print of Banky’s ‘Girl With Balloon’ and a photograph of supermodel Kate Moss are among the top attractions at a London art sale this week, celebrating 70 years of British art. The auction, which will take place on Thursday 25, will also feature boots designed by Damien Hirst and photos of The Who and [...]
Businesses should be wary of class action lawsuits as groundbreaking Shell decision has global reach February 22, 2021 Class action lawsuits are becoming increasingly popular in the UK, and a combination of the coronavirus, Brexit and previous claimant-favourable outcomes will mean UK companies see more action against them in the coming years. Britain is part of something of a third wave of class action lawsuit popularity. The practice of collective claims started in [...]
Can’t knock the hustle: LVHM’s Moet Hennessy takes 50 per cent stake in Jay-Z’s champagne brand February 22, 2021 Luxury goods company LVHM is buying a 50 per cent stake in rap star Jay-Z’s champagne brand, Armand de Brignac. Jay-Z’s champagne brand is high-end, and known for its metallic bottles that cost hundreds of thousands of dollars each. The investment, LVMH and Jay-Z said, is aimed at growing Armand de Brignac through LVMH’s global [...]
Tom Hayes Libor conviction being examined for miscarriage of justice February 22, 2021 Tom Hayes’ conviction for rigging Libor interest rates is being examined by the Criminal Cases Review Commission, a body set up to review allegations of miscarriages of justice. The former UBS trader was found guilty of manipulating Libor in 2015, making him the first trader convicted by jury of rigging Libor global interest rates. He [...]
London holds firm as financial services centre of Europe February 22, 2021 Many European financial services firms are applying for permission to operate in the UK, signifying London will continue to be a leading player on the global financial stage post-Brexit. Nearly 1,500 EU-based financial services firms have applied for permission to operate in the UK, with around 1,000 of those planning to establish their first UK [...]
Some 17 million people receive first Covid jab as deaths hit 120,000 February 20, 2021 A total 17,247,442 people in the UK have received a first coronavirus vaccine, as the number of Covid-19 deaths hit a grim 120,000. A further 445 people died within 28 days of a positive Covid-19 test, according to the latest government figures, taking the total number of people to 120,365. Another 10,406 people were confirmed [...]
Kremlin critic Alexei Navalny loses appeal against jail term February 20, 2021 Kremlin critic Alexei Navalny lost his appeal against what he said was a politically motivated decision to jail him for nearly three years. Navalny, who is one of President Putin’s fiercest critics, said his faith in God and belief in the rightness of his cause was sustaining him. Navalny was jailed earlier this month for [...]
Two more killed in Myanmar as protests rumble on February 20, 2021 Two more people were killed in Myanmar’s second city Mandalay today when police fired to disperse protesting opponents of a military coup. “Twenty people were injured and two are dead,” said Ko Aung, a leader of the Parahita Darhi volunteer emergency service agency in the city. Opponents of the coup took to the streets in [...]
Biden approves major disaster declaration for Texas following crippling storm crisis February 20, 2021 President Joe Biden has approved a disaster declaration for Texas, clearing the way for more federal funds after a devastating storm raged across the southern United States. The action makes federal funding available to individuals across the state, including assistance for temporary housing and home repairs and low-cost loans. Millions of residents in the Lone Star [...]
