Former Norton motorcycle boss pleads guilty to pensions investment breaches February 7, 2022 The former owner of motorcycle firm Norton has pleaded guilty to three charges of breaching employer related investment (ERI) rules after he pumped more than five per cent of his firm’s three pension schemes back into his business. Stuart James Garner, 53, was accused of illegally investing cash from the Dominator 2012, Commando 2012 and [...]
Klarna-backed £1.8bn lawsuit fights Google search engine manipulation February 7, 2022 Swedish price comparison firm PriceRunner said it was suing Alphabet-owned Google for about €2.1bn (£1.8bn), the latest firm to take legal action alleging the search giant manipulated search results.
Mordaunt to meet with US state governments to discuss trade deals February 7, 2022 The UK will conduct fresh talks with individual US state governments this week in a bid to push forward plans to close a series of mini-trade deals. Trade minister Penny Mordaunt will virtually meet with a number of state government officials – from states such as Indiana, Utah and California – as part of the [...]
Ofcom boss bids to regulate Netflix following Jimmy Carr row February 7, 2022 Ofcom chief boss Dame Melanie Dawes has said there would be “real value” in the media and telecoms watchdog regulating Netflix. In an exclusive interview with Channel 4 News, Dawes discusses the controversy surrounding the screening of a Jimmy Carr special in which the comedian made a joke about the Holocaust. In response to whether Ofcom should [...]
London markets climb as airlines take off February 7, 2022 London markets posted a strong start to the week yesterday, led higher by airlines taking off. The capital’s premier FTSE 100 index closed 0.76 per cent higher at 7,573.47 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, added 0.39 per cent to reach 21,797.29 points. [...]
Freshfields to support staff through the menopause with paid-for benefits February 7, 2022 Magic Circle law firm Freshfields Bruckhaus Deringer has adopted a new policy to support employees through the menopause. The City of London law firm is also offering specialist care to any employees experiencing symptoms of the menopause, through its private healthcare provider. Employees working in Freshfields UK offices will be able to book appointments with [...]
UK and South Korea lay groundwork for renewed post-Brexit trade deal February 7, 2022 International trade secretary Anne-Marie Trevelyan has today hosted her South Korean counterpart as the UK looks to enhance its post-Brexit trade deal with the East Asian country. Trevelyan is aiming to begin trade negotiations with South Korea later this year in a bid to expand on the terms that were rolled over from the EU’s [...]
Ladbrokes-owner Entain snaps up Canadian rival for £174m February 7, 2022 Digital gambling giant Entain has snapped up Canadian rival Avid Gaming in a deal worth C$300m (£174m), the firm announced today.
UK lags behind other European nations on new-build delivery February 7, 2022 The UK is lagging behind several other major European nations on the delivery of new-builds, in relation to its population size, analysis has found. The country’s construction sector was hammered by rising costs on supply and labour, as well as having works delayed or stalled due to Covid restrictions. Countries including France, Belgium, the Netherlands [...]
Credit Suisse accused of helping cocaine traffickers launder millions of euros February 7, 2022 Credit Suisse faced charges in a Swiss court today of allowing a Bulgarian cocaine trafficking gang to clean millions of euros of dirty money, adding to the long list of scandals that have ensnared the Swiss lender. Swiss prosecutors are seeking to secure 42.4m Swiss francs (£33.8m) in damages from Credit Suisse. Prosecutors have accused [...]
