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By: City A.M. Reporter

  • Jeremy Hunt to woo US tech firms on west coast tour

    technology

    Jeremy Hunt will meet with technology and creative firms on the west coast of the United States as part of efforts to make Britain the “next Silicon Valley”. The Chancellor will hold talks with tech giants including Microsoft, Amazon and Alphabet in Los Angeles, San Francisco and Seattle as he seeks to boost investment in [...]

  • TikTok fined £296m by watchdog over how it processed children’s data

    Technology

    TikTok has been fined 345 million euro (£296 million) by Ireland’s data watchdog following an investigation into how the social media platform processed children’s data. The fine was imposed on TikTok Technology Limited (TTL) by the Data Protection Commission (DPC) after the probe into how certain privacy settings and features complied with obligations under the EU’s General Data [...]

  • Tata: 3,000 jobs at risk despite government pumping £500m into UK’s biggest steelworks

    Steel industry

    The Government is to pump up to £500 million into Britain’s biggest steelworks as part of plans to produce “greener” steel which could also hit thousands of jobs, sources have said. Tata, the Indian conglomerate that owns the Port Talbot steelworks in South Wales, will use the funding to help switch the plant’s two coal-fired [...]

  • Ofcom: Jacob Rees-Mogg in focus as GB News shows probed over impartiality claims

    August 7, 2023

    Ofcom has launched four investigations into GB News’s compliance with due impartiality rules, including one by Conservative politician Jacob Rees-Mogg. The UK media watchdog said it is looking at three programmes, including an episode of Rees-Mogg’s show State Of The Nation. This in relation to the regulator’s rule that politicians must not act as newsreaders, interviewers [...]

  • Chelsea and Arsenal overtake Man Utd as top producers of Premier League players

    July 26, 2023

    Chelsea and Arsenal were the leading producers of Premier League players in the 2022-23 season, according to a new study. The two clubs’ academy products each racked up just over 21,000 minutes of playing time but remarkably were separated by just 37 seconds, with Chelsea edging top spot. Manchester United – leaders in every previous [...]

  • Rishi Sunak ‘in touch with allies’ about Wagner group rebellion in Russia

    June 24, 2023

    Prime Minister Rishi Sunak said he is in touch with allies about the armed rebellion led by the Wagner mercenary group in Russia, which UK defence officials have described as “the most significant challenge” to the Kremlin in recent times. Russian President Vladimir Putin called the actions of the private military company a “betrayal”, after [...]

  • Rishi Sunak pays tribute to troops on Armed Forces Day

    June 24, 2023

    Rishi Sunak has paid tribute to the “phenomenal precision and professionalism” of British troops as events are held across the UK to mark Armed Forces Day. Parades and flypasts will take place around the country to thank the military community, with Falmouth playing host to this year’s national event with a 1,000-strong tri-service parade of [...]

  • Wagner group rebellion call marks ‘most significant challenge’ to Russia – MoD

    June 24, 2023

    An armed rebellion led by the Wagner mercenary group marks “the most significant challenge to the Russian state” in recent times, according to UK defence officials. Russian President Vladimir Putin called the actions of the private military company a “betrayal”, after its chief Yevgeny Prigozhin vowed to topple Moscow’s military leadership. In its latest intelligence [...]

  • Bank of England governor Andrew Bailey rebuffs Huw Pill’s ‘accept you’re worse off’ comment

    May 11, 2023

    The Governor of the Bank of England has suggested that the Bank’s most senior economist chose the wrong words when saying that people and businesses should accept they are poorer now because of inflation. Andrew Bailey said that there had been a hit to national income, and did not appear to criticise the substance of [...]

  • Dating at work is okay, as long as you’re dressing up for it

    May 4, 2023

    The chief financial officer of a FTSE 100 company was forced to step down over a consensual relationship with a colleague. David Egan, finance chief of RS Group, left with “immediate effect” after notifying the board of a “personal relationship” with a colleague. Office dating, complicated, contentious – but also the source of many a [...]

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