Currency.com faces Russian cyberattack hours after exit April 17, 2022 Crypto firm Currency.com faced a Russian cyber attack just hours after leaving the market following the Ukraine invasion.
Bank of England reveals it used to own hundreds of slaves April 16, 2022 Research by the Bank of England uncovered that the Threadneedle St institution owned 599 slaves in the late 18th century. A new exhibition – titled Slavery & the Bank – outlines how the names of slaves were found in an inventory from 1788. After a debtor defaulted in the 1770s, they handed over two plantations in [...]
Russia bans Boris Johnson from entering country amid war in Ukraine April 16, 2022 Russia has banned Boris Johnson from the country, arguing British leadership was “deliberately aggravating the situation around Ukraine”. The Kremlin said the move to ban the Prime Minister and other senior members of the UK government was due to the UK’s sanctions following Russia’s invasion of Ukraine. Moscow said the decision had been made in [...]
Macron calls for cap on ‘shocking’ exec pay as French president faces election battle with Le Pen April 16, 2022 Emmanuel Macron has called for a cap on blockbuster executive pay, in his campaign to be re-elected president of France. Macron said a €19m pay packet for the boss of carmarker Stellantis was “shocking and excessive,” as he makes his case in the run-up to the final vote for the French presidency. The politician is [...]
London: Six arrests amid Extinction Rebellion protests as Olympians scale oil tanker April 16, 2022 Six people have been arrested after Extinction Rebellion activists, including a pair of Olympians, scaled a Shell oil tanker. The Met police confirmed six arrests for vehicle interference had been made on Saturday, the BBC reported. Climate change activists had been demonstrating in central London against the government funding fossil fuels. It was not known [...]
Almost two thirds of Brits want Boris to go if hit with more party fines April 16, 2022 Just under two thirds of Brits believe Boris Johnson should quit if he receives further fines for lockdown-breaking parties, a poll has found. According to a YouGov poll for The Times, 63 per cent of the public think the Prime Minister should resign if he is fined again for attending Downing Street parties. The Prime [...]
Easter Reads part one: the best in our opinion pages on politics, the economy and Ukraine April 16, 2022 Back when partygate was “seemingly” subsiding, Giles Kenningham looked at another political headache for Johnson, one with a much longer legacy: the future of the Union. The pandemic gave a taste of greater independence to the devolved nations, and now some want to keep it – surely, that’s the case with Scotland’s Nicola Sturgeon. To [...]
Moody’s warns Russia is on verge of defaulting on debt obligations April 16, 2022 Russia is on the verge of defaulting on its debt obligations, a major credit agency has cautioned. The country broke the terms of two bond contracts with payments scheduled on 4 April by paying in rubles, instead of dollars. US financial services firm Moody’s has noted the use of rubles “represents a change in payment [...]
Eurozone inflation forecast to double this year as industry confidence plummets April 16, 2022 Inflation in the eurozone is anticipated to double to six per cent this year, piling more pressure on the European Central Bank to hike interest rates. Inflation expectations have shot up from an average of three per cent to six per cent in 2022, according to the ECB’s quarterly survey of economists. This is three [...]
Online booking agents have been behaving like kings – it’s time to topple them April 16, 2022 As the nation begins to plan summer breaks, following a tortuous two pandemic-fuelled years, a collective sigh of relief should be heard from Somerset to Stoke. But there’s little relief to be had when a broken system is driving a false market of competition. For years, the travel industry network titans have been able to [...]