Luxor review – Andrea Riseborough shines in a story of love and trauma November 5, 2020 An early selling-point of cinema was its ability to allow people to see locations on the other side of the world, places they could never dream of getting to in person. A century on, current restrictions mean we are once again travelling through our screens, and new drama Luxor provides the perfect antidote for those [...]
Ex-BHS owner Dominic Chappell found guilty of tax evasion November 5, 2020 Businessman Dominic Chappell has been convicted of tax evasion on £2.2m of income he received from his £1 deal to buy the failed retailer. Chappell was convicted by a jury at Southwark Crown Court this afternoon, of all three counts of defrauding the public revenue out of value added tax, corporation tax and income tax [...]
US election: What are the recount rules in key states? November 5, 2020 Joe Biden is in touching distance of winning the US election, however several close races are still yet to record a final result and the Trump campaign is already requesting recounts in some states. CNN has given the former Vice President 253 Electoral College votes to Donald Trump’s 213, with 270 the number needed to [...]
Rishi Sunak’s furlough extension ‘to cost £6.2bn a month’ November 5, 2020 The chancellor’s extension of the furlough scheme until March will cost around £6.2bn per month, the Resolution Foundation think tank has said. Sunak today announced a major U-turn, saying he would extend the scheme until the end of March rather than ending it this year. The job retention scheme – commonly known as furlough – [...]
Editorial: Chancellor’s move is a five-point-turn that has already cost jobs November 5, 2020 If it wasn’t such a serious matter, Rishi Sunak’s description of his furlough u-turn today as the result of a flexible and agile approach would have been darkly comic. Because a U-turn it most certainly is, albeit not of the handbrake variety. Instead, it has been by degree, a five-point turn that has already cost [...]
US giant Caterpillar to axe 700 jobs in Northern Ireland November 5, 2020 US manufacturing giant Caterpillar has announced that it will cut 700 jobs across its Northern Irish operations. It is understood that the majority of the redundancies will affect workers at its plant in Larne in Country Antrim. The losses will come from plant workers and logistics staff at the Larne factory, as well as management [...]
US election: Stocks jump and FTSE 100 climbs amid rush into big tech November 5, 2020 Wall Street stocks jumped again and the FTSE 100 rose as investors snapped up big tech and sold government bonds and the dollar in response to the ongoing US presidential election. Prior to the election, investors had bet that a strong Joe Biden victory would lead to a big stimulus package that would encourage growth. [...]
HMRC urges traders to prep for end of Brexit transition period to avoid disruption November 5, 2020 HMRC has sent 250,000 letters and emails to traders urging them to act now to avoid Brexit-related disruption when the transition period comes to an end. New border controls will come into force at the end of the transition period on 1 January 2021. Some customs processes are complicated and can take several weeks to [...]
Tiktok to allow MPs to review algorithm over Uyghur censorship concerns November 5, 2020 Social media giant Tiktok will allow UK politicians to review its algorithm, after MPs challenged the firm over censorship concerns and ties to the Chinese government. Tiktok’s UK director of government relations and public policy Elizabeth Kanter said members of the Business Select Committee were welcome to visit its “transparency centre”, to review its algorithm [...]
