Kwarteng hires former BP boss to BEIS board amid energy security push March 30, 2022 Business Secretary Kwasi Kwarteng has appointed Peter Mather, former UK boss of BP, onto the board of his department.
Johnson says he is tax cutter, despite hiking tax burden to 70-year high March 30, 2022 Boris Johnson has claimed he and Rishi Sunak are “tax-cutting Conservatives”, despite the pair hiking the UK’s tax burden to its highest level since the 1950s over the past two years. Sunak oversaw cuts to fuel duty and National Insurance last week as a part of his economic spring statement last week, while also announcing [...]
Citi crypto lead lifts lid on ‘active’ digital asset strategy March 30, 2022 A digital asset grandee at Citi Group has revealed fresh details about the bank's "active" involvement in the crypto sector.
Former DeepMind employee claims AI firm mishandled sexual misconduct allegations March 30, 2022 A former employee at British artificial intelligence (AI) developer DeepMind has accused the firm of mishandling multiple sexual misconduct allegations. The former DeepMind employee – referred to only as Julia – claimed a senior researcher at the Alphabet owned firm sexually assaulted her twice after subjecting her to a campaign of sexual harassment. In a [...]
Government explores ways to unlock wave of pension investment March 30, 2022 The government is exploring ways to unleash a wave of investment from pension funds into private assets, as it opens an industry consultation today designed to slash red tape.
Canary Wharf to host Europe’s largest commercial lab under new deal March 30, 2022 Canary Wharf is anticipated to host the largest commercial wet lab in Europe, as part of a investment partnership unveiled today. The Canary Wharf Group and Kadans Science Partner have announced a joint venture today to develop the 750,000 square foot life-science focussed hub. While no figure has yet been put on the investment, City [...]
The FCA’s crypto asset licence register – a deadline or a missed opportunity? March 30, 2022 In his debut Crypto AM column, Charlie Kerrigan of CMS law examines the FCA's approach to its crypto asset licence registration.
Facebook algorithm pushes climate sceptics deeper into disinformation March 30, 2022 A new investigation has revealed that Facebook users that show an interest in climate scepticism are being driven towards more extreme forms of climate disinformation by algorithms, despite the social media giant's claims of a crackdown.
Businesses urged to boost cyber security as new data reveals a third of firms are suffering weekly attacks March 30, 2022 Businesses and charities are being urged to strengthen their cyber security practices now as new figures show the frequency of cyber attacks is increasing.
Crypto start ups are luring top talent from traditional finance, says Nasdaq March 30, 2022 Crypto start ups are giving traditional financial institutions a run for their money when it comes to attracting top talent.
