Openreach chief pulls out of Ofcom chair race February 1, 2022 Chairman of Openreach, BT Group's broadband infrastructure arm, has pulled out of the race to lead Ofcom according to Whitehall sources.
Editorial: After months on the sidelines, it’s time for the Bank of England to enter the inflation fight February 1, 2022 After months on the sidelines, the Bank of England’s rate setting committee should finally enter the inflation fight at their meeting on Thursday. Arguably, governor Andrew Bailey has inherited not just Mark Carney’s role as Bank chief, but also his propensity to act like an “unreliable boyfriend” after keeping rates unchanged in November despite the [...]
UK aims to become global legal services hub using newfound Brexit freedoms February 1, 2022 The government has set out plans to use new Brexit to become a global hub for legal services. In a document called “The benefits of Brexit: how the UK is taking advantage of leaving the EU,” the government argued that new freedoms under Brexit will allow the UK to become a global centre for dispute [...]
Slowing US economy to throttle global growth February 1, 2022 A sharp slowdown in the stateside economy is set to throttle global growth this year, Wall Street analysts are forecasting. A wave of worker absences caused by the Omicron variant sweeping across the US has led to the American economy stumbling out of the blocks in 2022, according to Goldman Sachs. Americans will slash spending [...]
Westminster Council: West End to receive millions in recovery support fund February 1, 2022 Westminster Council is to inject millions of pounds into reviving the borough’s hospitality industry. Within a £190m investment to support the area, the council has announced a dedicated £1m to recruit waiters, baristas and bar staff, it said yesterday. Some £150m is to be used to redesign the Oxford Street district and make Strand Aldwych [...]
This is not just a settlement: M&S agrees deal with Aldi over caterpillar cake February 1, 2022 Marks & Spencer has settled a long-running copyright dispute with Aldi over its iconic Colin the Caterpillar cake.
Warner Music Group scrap unrecouped label balances for heritage acts as streaming hits artists hard February 1, 2022 Warner Music Group and Universal Music have announced they will be introducing a “legacy unrecouped advances program”, cancelling out unrecouped label balances from thousands of artists.
Ukrainian President Zelensky warns of ‘fully fledged’ European war if Russia invades February 1, 2022 A Russia-Ukraine conflict would turn into a “fully fledged” European war, Ukrainian President Volodymyr Zelensky has warned. Zelenksy met with Boris Johnson in Kyiv today, with the Ukrainian President telling a press conference that “we have to be prepared for bad things” as fears continue to mount that Russian President Vladimir Putin will launch an [...]
Mediation should be first port of call for small claims disputes, CJC says February 1, 2022 Small claims disputes worth less than £500 should be kept out of court and dealt with through mediation, the UK government’s Civil Justice Council (CJC) has said. In a report, the CJC said claimants should be forced to go to a mediation appointment if their claims are for less than £500. County courts are currently [...]
Home Secretary calls for overhaul of Met Police following damning report February 1, 2022 The police watchdog has called for the metropolitan police to overhaul a culture of sexism, homophobia and racism.
