High Court paves way to answer the question: Who invented Bitcoin? April 22, 2021 The High Court today paved the way for a case that could force the judges to take a view on who invented bitcoin, the world’s most popular cryptocurrency. The court has allowed Craig Wright, an Australian computer scientist who alleges he created bitcoin, to serve a copyright infringement lawsuit against the operator and publisher of [...]
Pearson chair to depart after £7.2m CEO pay spat with shareholders April 22, 2021 Sidney Taurel will step down from chair of Pearson, after rowing with shareholders over handing new chief executive Andy Bird a £7.2m sign on bonus. The education publisher said Taurel will retire no later than the 2022 annual meeting. Taurel’s decision came after a third of Pearon’s investors voted against a £7.2m pay award for [...]
Peers brand decision to lift cap on number of nuclear warheads ‘thin and unconvincing’ April 22, 2021 Members of the House of Lords have criticised the government’s decision to lift the cap on the number of nuclear warheads held by the UK. Peers argued the decision was disproportionate, expensive, unfounded, unconvincing and at odds with the United States, which has just pledged to reduce the role of nuclear weapons in foreign policy. [...]
Greensill: David Cameron made multiple attempts to lobby Bank of England April 22, 2021 David Cameron made multiple attempts to lobby Bank of England (BoE) officials over allowing collapsed financier Greensill access to the bank’s Covid Corporate Financing Facility (CCFF) scheme. Documents obtained by Freedom of Information request show that Cameron contacted officials five times in total over the “incredibly frustrating” issue. It is the latest saga in a [...]
Co-op to axe team manager roles in shake-up affecting 2,000 jobs April 22, 2021 Convenience store chain Co-op has announced plans to overhaul its worker structure, in a move that is expected to impact around 2,000 staff members. The retailer will reportedly axe the team manager role across most of its sites, although no compulsory redundancies are expected to be made. Instead, Co-op will offer those affected by the [...]
Jose Mourinho: Would sacked Tottenham boss be entitled to unfair dismissal? April 22, 2021 As Gary Lineker pointed out this week, it has been a good time to hide bad news in football, with the announcement of the European Super League and the fallout which followed. And so, Jose Mourinho’s departure as head coach of Tottenham Hotspur has largely fallen under the radar. Mourinho would fail to meet the [...]
AI-Powered Ubiquitous Investing April 22, 2021 Have you noticed that your bank statements are now a succession of Netflix, Uber, Spotify, Deliveroo, Apple and Amazon payments? All of them offer us all types of services at our fingertips. No more wasting time sourcing or waiting to access the best way to get an amazing selection of food, music, films, transport or [...]
EU kicks off legal case against Astrazeneca over vaccine supply issues April 22, 2021 The EU has begun legal proceedings against Astrazeneca over its alleged failure to deliver on its Covid-19 vaccine supply agreements. Speaking in the Irish parliament today, health minister Stephen Donnelly confirmed that the bloc had initiated action. “With regard to Astrazeneca, a legal case has been initiated by the (European) Commission and earlier this week [...]
City of London’s new “Justice Quarter” gets the go-ahead April 22, 2021 New civic development will provide Crown, Magistrates, County and Civil Courts and a new City of London Police HQ, built to tackle national fraud and economic crime. Designed to last at least 125 years, the development will drive recovery and growth in the Square Mile and beyond, ensuring that the City retains its global position [...]
Sports Direct founder Mike Ashley ordered to replace signage on 180-year-old department store in row with council April 22, 2021 Frasers’ boss Mike Ashley has been ordered to replace the letters of a 180-year-old landmark department store in Edinburgh. Ashley, the founder of Sports Direct, has been issued with a formal notice to Sports Direct International, now rebranded as Frasers Group, over work “executed to the listed building… having regard to the effect of the [...]