A Musk move: Twitter weighs up dropping permanent bans October 12, 2022 Twitter is reportedly weighing up policy changes that could mean permanent bans on disruptive users are scrapped. The social media firm has been assessing content moderation tools for a while now, and sources told the Financial Times that this may entail axing its harshest penalty, which was famously applied to former US President Donald Trump. [...]
Zumo appointed to WEF crypto sustainability unit October 12, 2022 Edinburgh-based crypto wallet Zumo has joined the World Economic Forum’s Crypto Sustainability Coalition.
Avanti pledges return to normal services in December October 12, 2022 Troubled train operator Avanti has pledged a return to near normal services in December after delays and short-notice cancellations plagued the network over the last two months. “We’re continuing to work with our sole focus on improving the timetable, marking more robust and sustainable for all our passengers,” Richard Scott, director of corporate affairs at [...]
Advertising regulator says govt broke rules with series of articles in local papers October 12, 2022 The advertising regulator has ruled the government broke the law with a series of advertorials in local newspapers. The Department of Levelling Up, Housing and Communities published pieces on March 13 on the websites of the Grimsby Telegraph, Derby Telegraph, Birmingham Mail, Leicestershire Mercury and Newcastle Chronicle, and on Cornwall Live and Wales Online. Labour [...]
Liz Truss: I ‘absolutely’ won’t cut UK public spending October 12, 2022 Liz Truss has said she “absolutely” will not cut government spending, despite expectations the chancellor is set to bring forward measures to balance the Budget this month. The Prime Minister told the House of Commons that “what we will make sure is over the medium-term the debt is falling” and that “we will do that, [...]
Bank of England warns of ‘severe risks’ to market stability and financial crisis debt levels October 12, 2022 The Bank of England’s emergency £65bn bond buying scheme – that its chief Andrew Bailey last night confirmed will end on Friday – has been fighting “severe risks” to UK financial stability, the central bank said today. Turmoil in UK gilt markets since the government’s mini budget threatened to trigger “an excessive and sudden tightening [...]
27 Insulate Britain protestors arrested during attempt to block Parliament Square October 12, 2022 Protestors are blocking the roads to Parliament Square, holding aloft banners and glueing themselves to the tarmac to prevent the police from removing them.
Damien Hirst torches £10m original artworks after selling them as NFTs October 12, 2022 Damien Hirst has torched some of his own physical works of art after selling digital versions of the pieces as non-fungible tokens (NFTs).
EY announces record intake of almost 1,500 students with 40 per cent in regional hubs October 12, 2022 Big four accountancy firm EY (Ernst & Young) has announced a new intake of almost 1,500 students, with two-fifths based in regional office. EY’s new cohort of 1269 graduates and more than 200 apprentices is a 35 per cent increase on the young cohort for 2021. The firm was the first to remove the requirement [...]
Intel to cull thousands of jobs amid sales slowdown October 12, 2022 Intel is set to cull thousands of staff as the chipmaker attempts to fight off a sales slowdown. According to initial reports from Bloomberg, the layoffs will be announced as early as this month, slimming back its 113,700 global headcount. Sources told the publication that the sales and marketing teams could see as many as [...]
