London Tech Week, Day Three: Facing the future June 15, 2022 Steamrolling into day three of London Tech Week, the attention today turned to the emerging technologies – quantum, health tech, blockchain, AI – which are transforming our world. Many of these ‘emerging technologies’ are in fact on the cusp of becoming mainstream. There are few industries that will not be impacted by the technological revolution [...]
Dominic Raab intervened to increase legal watchdog’s fining powers June 15, 2022 Justice secretary Dominic Raab personally intervened to push forward plans to increase the solicitor’s watchdog’s fining powers, after MPs called for a toughening up of the regulator, to deter law firms from working for oligarchs. The Deputy Prime Minister “sought the views” of the Law Society, Solicitors Regulation Authority (SRA), and Legal Services Board, whilst [...]
Law firms join forces to press claims on Woodford fund collapse June 15, 2022 Two of the law firms pressing claims over the alleged mismanagement of the now collapsed Woodford Equity Income Fund are looking to join forces in a bid to win redress for investors.
Volkswagen to overtake Tesla as main BEV maker by 2024 June 15, 2022 Volkswagen is set to overtake Tesla as the world’s largest manufacturer of battery electric vehicles (BEV) by 2024, according to a recent report by Bloomberg Intelligence. Figures showed that most automotive marquees lack profit incentives to take over Tesla, except for Volkswagen as its sales volume for battery-electric vehicles will reach to 45 per cent [...]
Rail operators urge commuters not to travel unless necessary next week as strikes loom ahead June 15, 2022 Rail operators are urging commuters not to travel unless necessary as thousands of workers are set to walk out next week. More than 40,000 members of the RMT union will strike on 21, 23 and 25 June over job cuts and salaries. South Western Railway (SWR) told customers to expect “severe disruption,” encouraging them to [...]
Patel: UK’s Rwanda immigration policy is ‘legally compliant’ June 15, 2022 Priti Patel has said the UK’s policy to send Channel migrants to Rwanda is “fully compliant” with domestic and international law, while not ruling out a move to withdraw from the European Convention on Human Rights (ECHR). Responding to a decision by European judges to block the first flight of immigrants to Rwanda, the home [...]
Steel can power UK’s energy ambitions, says Severfield boss June 15, 2022 Steel has a vital role in boosting energy infrastructure and help power the transition to a greener economy, argued Severfield's boss.
Bill Gates says he’s not involved in crypto or NFTs, mocks them for being based on “greater fool theory” June 15, 2022 Bill Gates is sceptical of cryptocurrencies and non fungible tokens (NFTs), blasting them for being based on “greater fool theory”. Speaking to TechCrunch on Tuesday, Microsoft’s billionaire ex-CEO said he’s not involved in crypto or NFTs, saying they were “100% based on a sort of greater fool theory, where someone is going to pay more [...]
Trading standards seize thousands of counterfeit chocolate bars from Oxford St candy shops June 15, 2022 More than £100,000 worth of counterfeit or illegal chocolate bars and vapes were seized from US candy shops on Oxford Street yesterday. Trading standards seized a huge haul of dodgy goods yesterday, including 2246 counterfeit Wonka Bars, with a raid worth £22,000 from one shop alone. Council officials are endeavouring to crack down on the [...]
Russian man arrested at Gatwick Airport on suspicion of spying for the Kremlin June 15, 2022 A Russian man in his 40s has been arrested at Gatwick airport on suspicion of spying for the Kremlin. Counterterrorism police with Scotland Yard made the swoop reportedly as the suspect was trying to get on a plane and leave the country, according to The Sun. The Met Police said in a statement to City [...]
