Lynch case takes another turn after co-defendant takes aim at key City witnesses November 17, 2021 THE continued fight over Mike Lynch’s proposed extradition to the US to face fraud charges has taken another turn after his co-defendant’s legal team attempted to discredit the evidence of two City analysts who have testified against Autonomy executives in previous court cases. In legal documents filed in Northern California, Lynch’s co-defendent Stephan Chamberlain alleges [...]
Retailers slam rocketing interchange fees as UK firms face £36.5m increase November 17, 2021 UK and European Economic Area (EEA) retailers are facing a cost increase of around £150m a year to accept cross-border card payments. UK businesses may be forced to take on an additional £36.5m, according to research by retail payments advisory firm CMSPI, alongside the British Retail Consortium (BRC). The BRC has called on ministers and [...]
Want a contract? Flash your green credentials on your way in, please November 17, 2021 Mining magnate Brian Gilbertson once recalled a results day at the turn of the Millennium. Ready to take City analysts through impressive figures on iron ore production he was somewhat surprised when asked: “What’s your internet strategy?” The South African spent the rest of the morning hurriedly writing down a dot com plan on an [...]
New winter Covid restrictions would make it official policy to pray for a better day November 17, 2021 A trip to the Scottish Highlands is always refreshing. Despite the shortening days, the hills were in perfect late autumn condition. It clears your mind and helps you reflect on what’s not working. This time around, it was more interesting than usual: it illuminated the stark contradictions and hypocrisy of the current Covid regulations, administered [...]
Cumbria coal mine fight goes to the heart of Boris Johnson’s levelling up woes November 17, 2021 Boris Johnson is not in favour of coal, or so he insisted on Monday when asked about the plans to build a new mine in Cumbria. The PM shifted the blame: ultimately it will be on the local planning authorities to decide, he said. Except that it won’t be. The decision has been taken out [...]
Theresa May fluffs her feathers on the backbenches November 17, 2021 Theresa May, who has been considerably more interesting as a backbench MP than as the actual Prime Minister, was packed full of flak for Boris Johnson yesterday. The ex-PM defied the three-line whip dished out by Johnson over a motion to give disgraced former MP Owen Paterson a a break and rewrite rules on Westminster [...]
Why having moral courage is a strength needed of all business professionals November 17, 2021 Doing the right thing takes courage and isn’t always easy. We explain why having moral courage is a strength required of all business professionals. In the ICAS research report What do you do now? Ethical issues encountered by Chartered Accountants, Dr David Molyneaux said that ‘courage’ is not usually a term associated with the accountancy [...]
Darktrace backer Balderton unveils new early-stage $600m fund November 17, 2021 Balderton Capital, one of Europe’s most active venture capital firms, this morning announced it has raised its eighth fund focused on early-stage startups in Europe. At $600m, it’s the largest fund for investing in early-stage startups that the Kings Cross-headquartered firm has raised since it began placing its bets on Europe’s fledgling businesses in 2000. [...]
Half of teenage girls would not work for employer with gender pay gap, Indeed reveals November 17, 2021 Almost half of UK teenage girls have stated they would not work for an employer with a gender pay gap. Data from an Indeed research has revealed that 48 per cent of girls aged between 16 and 18 would rule out working for an organisation that has a gender pay gap against women, while only [...]
Go green or go home: employees’ demand for sustainable business travel hikes November 17, 2021 The majority of UK workers want to cut air travel and expect their employers to provide sustainable business travel solutions. Data from Trainline Partner Solutions has revealed that 53 per cent of UK employees believe that, before the pandemic, businesses were irresponsible with their levels of business travel, with 31 per cent admitting they had [...]