Privatisation pushback: New documents reveal Channel 4’s final fight against sale April 7, 2022 New documents have revealed that Channel 4 attempted to fend off the government's privatisation push with an alternative hybrid model earlier this year.
Primark launches ‘virtual shop window’ but shoppers still can’t buy clothes online April 7, 2022 Primark has launched a new website – but shoppers still can’t buy anything online. The budget fashion retailer said its new site is a “virtual shop window,” and will allow customers to look at product information and check whether an item is in stock at their local shop. The high street name has stood out [...]
British embassy guard facing nine charges of spying for Russia under official secrets act April 7, 2022 A British man who was an embassy guard in Germany is facing nine charges under the Official Secrets Act, accused of spying for Russia. David Ballantyne was extradited from Germany, where he was living in Potsdam and working as a security guard. The 57-year-old will appear at Westminster Magistrates Court today, over alleged offences committed [...]
Child safety campaigners criticise Meta’s end-to-end encryption plans April 7, 2022 Child safety campaigners have criticised Meta’s recent research that makes the case for end-to-end encryption as a positive driver for human rights.
CD&R offers to sell petrol stations so watchdog will green light £7bn Morrisons takeover April 7, 2022 Morrisons’ new private equity owner has suggested it would sell an undisclosed number of petrol stations in order to be approved by the UK’s competition watchdog. The competition watchdog had previously expressed concerns as Clayton, Dubilier & Rice (CD&R) also owns petrol station titan Motor Fuel Group (MFG). The Competition and Markets Authority (CMA) said [...]
Amazon sellers get five star status with bogus reviews of toys, investigation finds April 7, 2022 Amazon sellers have been manipulating its review system to boost their review status to five stars, a deep-dive by a consumer choice group has claimed. Businesses are making the most of a loophole with the online retail giant, using items such as cuddly toys and umbrellas to help inflate rating sand sell products. An investigation [...]
888 shares soar amid William Hill bargain deal April 7, 2022 Gambling giant 888 has agreed a renewed price for its acquisition of William Hill, dropping from £2.2bn to £1.95bn, and reflecting the change in the "macro-economic and regulatory environment" since the deal was first announced.
Government slammed for failing to back onshore wind April 7, 2022 Energy analysts and industry bodies have criticised the government's failure to include onshore energy targets in its supply strategy.
Aircraft lessors see ‘horrendous’ hike in insurance costs April 7, 2022 Lessors are already seeing a “horrendous” hike in insurance costs as the Kremlin’s retaliation against Western sanctions start to bite, said BOC Aviation’s boss Robert Martin. “Because there are going to be huge claims on these insurances this year for confiscation or theft if the aircraft aren’t given back, this will then have a knock [...]
Grant Thornton partners see pay boosted by 35 per cent following boom in M&A activity April 7, 2022 Partners at Grant Thornton saw their pay jump 35 per cent last year after the London accountancy firm posted bumper profits on the back of a boom in mergers and acquisitions. Average profits earned by partners at accountancy giant Grant Thornton jumped from £451,000 in 2020 to highs of £611,000 in 2021. The 35 per [...]
