Exclusive: Oxylabs CEO on why controversial web scraping is coming out from the shadows July 12, 2022 The world’s largest and most progressive companies depend on web scraping, a technology that allows large-scale public online data gathering. Web scraping allows them getting deep knowledge of the market they are operating in, it is behind the competitor analysis and even influences product assortment. However, the potential of web scraping remains untapped – many [...]
New Chancellor Nadhim Zahawi in spat with Bank of England’s Andrew Bailey: ‘I’m just setting out my stall as prime minister!’ July 12, 2022 Chancellor Nadhim Zahawi insisted this morning it was appropriate for him to set out tax proposals during his Tory leadership race after criticism from Bank of England Governor Andrew Bailey. He told BBC Breakfast this a.m.: “I’m just setting out my stall as prime minister! And I have fully costed these pledges, and I’ll be [...]
Russia suffers heavy blow as Ukraine uses US-supplied high mobility rockets to destroy key weapon depot July 12, 2022 The Ukrainian military’s southern command said this morning that a rocket strike targeted a depot in Russian-held Nova Kakhovka, about 35 miles east of the important Black Sea port city of Kherson, which is also occupied by Russian forces. The Russian ammunition depot was apparently targeted by Ukrainian forces overnight, resulting in a massive blast [...]
Rishi, Penny, Kemi or Jeremy: Meet the Tory leadership runners and riders fighting to replace Boris Johnson July 12, 2022 The Tory leadership race gained momentum over the weekend, with opening gambits coming thick and fast from candidates across almost every wing of the party. Rishi Sunak, who wasted no time on Friday in publicly stating an intention to stand, remains an early favourite. But a host of hopefuls, including Nadhim Zahawi, Grant Shapps and [...]
No Brexit exodus: Foreign homeowners sit on £45bn worth of property in London alone July 12, 2022 It has been revealed this morning which areas of the property market are home to the highest value of homes owned by overseas homeowners, with the total market value of foreign owned homes currently standing at £90.7bn across England and Wales. Just shy of a quarter of a million homes are owned by overseas buyers, [...]
City exclusive: HSBC strikes £605m deal for iconic Cheesegrater skyscraper in the Square Mile July 12, 2022 City A.M. can exclusively reveal this afternoon that property investment giant CC Land Holdings has struck a £605m refinancing deal for one of London’s tallest buildings, the iconic ‘Cheesegrater’, in an agreement co-ordinated by HSBC. Officially named The Leadenhall Building, after its London location, the 225-metre-tall skyscraper was purchased by Hong Kong-headquartered C C Land [...]
Rail union bosses who called for biggest train strike in 25 years take home £280,000 in pay and perks July 12, 2022 With the transport unions having voted on the ‘biggest rail strike in 25 years’, it has been revealed that two Aslef trade union bosses had a combined total remuneration of £281,601 in 2021. Aslef’s general secretary, Mick Whelan, took home £151,371 in total remuneration in 2021. While Aslef’s Assistant General Secretary, Simon Weller, received £130,230 in the same year, the TaxPayers’ Alliance said [...]
Revealed: More than 100 MPs pocket at least £2.6m per year by renting out hundreds of properties July 11, 2022 Just over 100 members of parliament make at least £2.6m per year between them by renting out properties in London and across the UK. According to new research, based on parliamentary disclosures published in September 2021, 177 MPs own at least 312 residential properties, nearly a third of all MPs. Those are properties they own [...]
Tory MP Jamie Wallis was wearing leather mini-skirt and high heels during late-night car crash July 11, 2022 Tory MP Jamie Wallis, who has represented Bridgend since 2019, was wearing a “black leather mini-skirt” and “high heels” when he was involved in a late-night car crash, a court heard this afternoon. Wallis is on trial accused of failing to stop, failing to report a road traffic collision, driving without due care and attention [...]
Landmark £1bn boost for Francis Crick Institute to strengthen UK’s future as ‘a science superpower’ July 11, 2022 In what is seen as a landmark investment in UK science, several of the UK’s largest health bodies have come together to unveil £1bn in funding for the Francis Crick Institute. The Medical Research Council (MRC), Cancer Research UK (CRUK) and Wellcome said the funding for the biomedical research centre was an investment in helping [...]
