Government to face Atos in court following spat over £845m supercomputer contract May 23, 2022 The UK government is set to face IT company Atos in the UK’s High Court next month after the French firm filed a lawsuit against government over its decision to award an £845m Met Office contract to Microsoft. The French multinational is claiming its bid was wrongly excluded from the tendering process on the grounds [...]
Top Gun: Maverick, a perfect blockbuster, is Tom Cruise at his finest May 23, 2022 Tom Cruise comes full circle, returning to the role that made him a megastar. While he had found success with Legend and Risky Business, it was 1986’s Top Gun that set the template for the biggest star in Hollywood. A couple of months shy of his 60th birthday, he feels the need for speed again [...]
Ex-Wakefield MP Imran Ahmad Khan jailed for 18 months for sexual assault May 23, 2022 Former Conservative Wakefield MP Imran Ahmad Khan has been jailed for 18 months following a conviction for sexually assaulting a 15-year-old boy in 2008. Khan was elected to parliament at the 2019 election and stood down as an MP in April when he was found guilty of sexual assault. Khan, 48, was found guilty of [...]
What does a weaker yen mean for investors in Japan? May 23, 2022 Changing economic circumstances could alter the market impacts of currency weakness explain experts Masaki Taketsume, George Brown and Robbie Boukhoufane. It’s a been a difficult first third of 2022 for markets generally, which is perhaps unsurprising given the many sources of uncertainty and discord in the world. A very sharp depreciation in the value of [...]
UK economy to shrink, but avoid recession for now May 23, 2022 A combination of a weak March handover and the Queen’s Jubilee in June is set to see the UK economy contract in the second quarter. An easing of coronavirus restrictions resulted in the UK economy growing 0.8% over the first quarter. But this respectable outturn masked a deterioration in the monthly profile. After a 0.7% [...]
Beny Steinmetz’ BSGR bribed dictator’s wife to secure rights to run Guinean iron ore mine, US arbitration ruling says May 23, 2022 Beny Steinmetz’ mining company, BSGR, paid millions in bribes to the wife of Guinea’s former dictator to secure the rights to operate an iron mine in the West African country, a US arbitration ruling has said. The diamond magnate’s firm used “corrupt practices” to obtain licenses to mine Guinea’s Simandou iron ore deposit, the International [...]
Post Office and British Gas team up to offer free debt advice to those struggling with bills May 23, 2022 The Post Office has teamed up with British Gas to offer direct help to those struggling to pay energy bills amid the cost of living crisis. ‘Stop the Silence Pop-Ups’ will appear during the next three weeks across UK cities, giving people worried about their debts free practical and financial advice. Starting on Monday, the [...]
Hungary holds firm on investment demands to support Russian oil ban May 23, 2022 Hungary has maintained its demands for energy investment before it agrees to an Russian oil embargo with its Western allies.
Broadcom in talks to snap up cloud firm VMware in £39bn deal May 23, 2022 Chipmaker Broadcom is reportedly in talks to snap up cloud firm VMware for an estimated $50bn (£39.7bn).
Fintech lender Creditspring bags £48m to keep up with cost-of-living borrowing boom May 23, 2022 London fintech lender Creditspring has revealed a £48m cash injection today as it looks to meet a surge in demand as consumers turn to credit amidst a cost of living crunch.
