Putin to ‘lay the groundwork for an announcement to cover his failure’ and admit Ukraine is a war April 28, 2022 The UK Defence Secretary said this morning that people should not be “too alarmed” by the Russian president’s warning that countries intervening in the Ukraine war will be met with a “lightning-fast” response. Ben Wallace told BBC Radio 4’s Today programme that Vladimir Putin has made similar threats before and was trying to “lay the [...]
Brexit-proof: London races ahead of all European tech rivals as record 18,500 new startups flock to the capital April 28, 2022 The number of new tech companies incorporated in London jumped 94 per cent last year, it has emerged. A total of 18,549 tech businesses were incorporated in London in 2021, according to an analysis of data held by Companies House, up from 9,572 in 2020. London accounted for the highest number of incorporations in 2021, [...]
Revealed: Russia pockets £53bn in oil and gas cash since start of Ukraine war with £7.6bn from Germany April 28, 2022 It has been revealed that Germany was the biggest buyer of Russian energy during the first two months of the war in Ukraine A study published by the Centre for Research on Energy and Clean Air (CREA) calculated that Russia has earned £53bn from fossil fuel exports since February 24, the date Russian troops attacked [...]
Porn-gate is about much more than just dirty videos, says defence secretary: ‘Late sitting, long nights with bars’ April 28, 2022 Ben Wallace said “there’s no place for pornography in any workplace” and said there needs to be a cultural change in Westminster. The Defence Secretary told Sky News: “There is a range of allegations that go right across the House, go right across the parties. “This is a problem, I think, about the overall culture [...]
Exclusive: Fintech faces a ‘dystopian future’ as software fighting software will cause fatal disruption April 28, 2022 Fintechs are facing a ‘dystopian future’ with software fighting software threatening major disruption later this year. In the software marketplace, Software-as-a-Service (SaaS), where software is supplied online to businesses on a subscription basis, has become endemic. Now in 2022 financial criminals are taking this concept to a new level, with Fraud-as-a-Service. Fraud as a Service [...]
Exclusive: Millions of London tenants should brace themselves for rent increase of £1,000+ this year April 27, 2022 Millions of Londoners who currently rent in the capital face an increase in their housing costs of more than £1k this year. As energy bills climb and the cost of living crisis rages, London remains by far the least affordable region of the UK rental market, with the average tenant currently paying £21,140 per year. [...]
Online Harms Bill: Lawyers warn new rules will have ‘chilling effect’ and hit businesses unnecessarily hard April 27, 2022 Broad and far-reaching legislation to tackle online harms could place a major burden on companies, particularly small businesses, lawyers told City A.M. today. The Government’s Online Harms Bill, published in March, seeks to address illegal and harmful content on the Internet with the aim of safeguarding UK citizens online. Companies that don’t comply with the [...]
It is ‘perfectly legitimate’ for Priti Patel to attend James Bond film premiere, says Raab April 27, 2022 It is “perfectly legitimate” for Priti Patel to attend a James Bond premiere in her role as Home Secretary, pointing to both “fictional” and “factual” links between the security services and the Home Office, Justice Secretary Dominic Raab said this morning. It comes after Cabinet Office minister Michael Ellis suggested Ms Patel accepted an invite [...]
Sigh of relief in the City as govt calls idea of windfall tax on oil and gas profits ‘disastrous’ April 27, 2022 The Justice Secretary this morning dismissed Labour’s plan for a windfall tax on oil and gas companies to ease the cost-of-living crisis, calling the idea “disastrous”. Dominic Raab told Sky News: “If you look at Labour’s policy, you asked about it – of a windfall tax – that would damage investment in energy supplies we [...]
Five London police officers face gross misconduct charges over stop and search of Bianca Williams and Ricardo Dos Santos April 27, 2022 Five Metropolitan Police officers are to face gross misconduct proceedings over the stop and search of athletes Bianca Williams and Ricardo Dos Santos. The couple were stopped in Maida Vale, west London on July 4 2020 while travelling with their baby in a car, and were both handcuffed and searched. The officers will face a [...]
