Battle of the telcos: BT fails to block Virgin Media’s title as fastest broadband May 4, 2022 BT has failed in its bid to stop Virgin Media from claiming to be the faster broadband provider this morning as the battle of the telcos rages on. The world’s oldest telecommunications firm put in a complaint to the advertising watchdog about Virgin Media claiming to be the “UK’s fastest major broadband provider” in a TV ad and on its website. [...]
Pension surplus jumps as inflation takes chunk of savers’ spending power May 4, 2022 The value of UK pension scheme’s assets are rising ahead of liabilities as inflation looks set to take a chunk out of pensioners’ spending power, fresh data has revealed.
UK watchdog launches probe into tiny accountancy firm King & King over Sanjeev Gupta audits May 4, 2022 The UK’s accounting watchdog has launched an investigation into four audits carried out by little-known accountancy firm King & King, of firms linked to embattled steel magnate Sanjeev Gupta. The Financial Reporting Council (FRC) said it would be probing King & King’s audits of financial results posted by four of separate companies linked to Sanjeev [...]
Former Downing Street comms chief Allegra Stratton set to join Bloomberg May 4, 2022 Former Downing Street Press Officer Allegra Stratton will be joining Bloomberg News following her resignation last year.
Oxford St raid: Officers seize thousands of counterfeit and dangerous items from two retailers May 4, 2022 Trading standards officers seized £58k worth of vapes and unsafe toys from two Oxford Street retailers. Westminster City Council officers seized more than 4,000 items that were thought to be counterfeit or possibly dangerous to the public. Items seized in the 26 April raid included vaping devices containing excessive levels of nicotine and which had [...]
Ministers clamp down on data stealing and poorly developed apps May 4, 2022 People downloading apps to smartphones, games consoles and TVs will be better protected from hackers under new government plans to boost security standards. A new report on the threats in app stores published today by the National Cyber Security Centre (NCSC) has shown that people’s data and money are at risk because of fraudulent apps [...]
Dealmaking slumps amid soaring inflation and shocks of war May 4, 2022 Global mergers and acquisitions slumped in the first four months of the year as soaring inflation and war in Ukraine rattled dealmakers globally, fresh data has revealed.
ApeCoin spiked because Elon Musk changed his Twitter profile pic to a BAYC ape May 4, 2022 ApeCoin, the native token of NFT platform BAYC, spiked after new Twitter boss Elon Musk changed his profile picture to an NFT ape collage.
Plus500 hit by revolt on pay as shareholders ramp up pressure in AGM season May 4, 2022 London-listed fintech giant Plus500 was struck a blow by investors yesterday as shareholders voted down the firm’s remuneration report at its annual general meeting.
Exploring the curious psychologies of crypto May 4, 2022 Future regulation must take account of the psychologies of crypto and of the non-financial aspects that are involved in the crypto worlds.