Google settles lawsuit for $118m over claims it ‘systematically’ underpaid female employees June 13, 2022 Google has agreed to pay $118m (£96m) to settle a class-action lawsuit brought forward by four of its former employees over claims the tech giant “systemically” underpaid 15,500 of its female employees. The Silicon Valley firm will also bring in an independent labour economist to analyse its pay practices to ensure female workers are not [...]
Markets struggle after worse-than-expected figures June 13, 2022 The price of Bitcoin has fallen more than eight per cent over the past 24 hours, dropping as low as $25,000 this morning.
Keir Starmer to be investigated by Westminster watchdog over earnings and gifts June 13, 2022 Labour leader Sir Keir Starmer is being investigated by Westminster’s standards watchdog over potential breaches of parliamentary rules for declaring gifts and earnings. The Parliamentary Commissioner for Standards has revealed that it opened an investigation into Starmer last week for potentially breaking two rules. The commissioner’s website says the Labour leader is being probed on [...]
1 Minute Market Rundown – 13th June 2022 June 13, 2022 ETH Break Key SupportBTC Under Pressure There are days when I write this piece and hope I am wrong. Friday was one of those where sadly I was right and the world turned ugly. With risk already on the back foot Friday saw a huge CPI upside print and the rest is history. Global stocks [...]
Explainer-in-brief: The story behind the Tiverton and Honiton by-election June 13, 2022 Last Friday, the prime minister paid a visit to the rural Devon constituency of Tiverton and Honiton. Since the seat was created in 1997, it has always been in Conservatives’ hands. Local residents will head to the polls on June 23 to choose their new MP, since Neil Parish had to resign after admitting to [...]
Separatists say ‘no grounds’ for reprieve after two Brits sentenced to death June 13, 2022 The head of the separatist region which sentenced two Brits to death for fighting for Ukraine has said there’s “no reason” to reverse the decision. Aiden Aslin, Shaun Pinner – and Moroccan Brahim Saadoun – are facing the ultimate price for opposing Russia, after a “sham” trial found them guilty of “mercenary activities” last week. [...]
WATCH – ‘Tasty and that’s it’: Rebranded McDonald’s opens in Moscow June 13, 2022 A new era for fast food in Russia has dawned with the opening of rebranded McDonald’s under the name Vkusno & Tochka, which translates to ‘tasty and that’s it’. While the golden arches and big macs may have gone, the rebranded restaurant chain opened up its doors once again, more than three decades after McDonald’s [...]
Environment minister doubles down on food strategy despite criticism from lead adviser June 13, 2022 Food minister George Eustice has doubled down on the government’s food strategy amid criticism it has not gone far enough to help issues like obesity and food poverty. The lead adviser to the plan, restauranter Henry Dimbleby, has criticised the blueprint as “not a strategy”. “It doesn’t set out a clear vision as to why [...]
City watchdog convicted just two people for insider trading in the past five years June 13, 2022 The UK’s financial watchdog achieved just two successful convictions against individuals for insider trading over the past five years, according to The Times. New data recovered from the UK’s Financial Conduct Authority (FCA) via a freedom of information (FoI) request shows the watchdog secured just two successful convictions in the five years running from [...]
OnlyFans: The ‘UK success story’ and online safety pioneer June 13, 2022 OnlyFans has a tendency to make headlines – and sometimes for the wrong reasons. Founded in the UK in 2016, the company has experienced momentous growth in the depths of lockdown, shifting from 17m fans to over 100m in 2020. In 2022, the platform boasts 200m fans, with over two million creators serving up content. [...]
