More gambling firms on US operators’ shopping list, says industry titan October 4, 2021 GAMBLING firm 888 Holdings could be next on US operators’ London shopping list, according to one high-profile industry figure. Speculation that more UK betting firms could be bought up by stateside giants has intensified after DraftKings formalised a proposal to buy Ladbrokes’ owner Entain last month. That follows the 2020 purchase of William Hill by [...]
Rishi Sunak to unveil £500m extra funding for Covid jobs programmes October 3, 2021 Rishi Sunak will tomorrow commit to an extra £500m in spending to boost the government’s post-Covid jobs and skills programmes. Sunak will say in his Conservative party conference speech that he will “double down” on his promise to “do whatever it takes” to protect people’s jobs and livelihoods during the pandemic. It comes as the [...]
Nick Clegg refutes anticipated whistleblower claim that Facebook contributed to Capitol attack October 3, 2021 Former UK deputy prime minister Nick Clegg has written a 1500 word internal memo to Facebook’s staff readying them for an expected whistleblower claim that the company contributed to the January 6 Capitol riot in Washington DC, denouncing it as “misleading”. Clegg, who now heads up the social media giant as its vice-president of global [...]
Tory MP: Let supermarkets suffer to bring back the village shop October 3, 2021 A Conservative MP has today said it is in the UK’s “long-term interest” for supermarkets to face crippling shortages and that he would like more local producers to be able to sell their milk in village shops. West Dorset MP Chris Loder told a fringe event at the Tory party conference in Manchester that it [...]
Watchdog mulls investigation for EY and Deloitte over Southeastern audits October 3, 2021 The accountancy watchdog is debating whether to launch a probe into the auditors of the Southeastern train line after the company last week admitted to hiding £25m owed to the state. The Financial Reporting Council is looking into whether audit giants EY and Deloitte have a case to answer, sources told the Sunday Telegraph. Last [...]
Eurostar faces £400m losses after pandemic swerves passenger numbers off track October 3, 2021 Eurostar has reported more than £400m pandemic-induced losses and cautioned it faces “material uncertainties” in the future, after Covid travel restrictions derailed passenger numbers for the cross-channel train. After riding high with a £62.4m profit in 2019 before the pandemic hit, the French majority-owned train operator swung to a dizzying pre-tax loss of £427.8m in [...]
Pandora Papers leak: Putin, Tory donors and the King of Jordan among the rich and powerful with financial secrets exposed October 3, 2021 The secret deals and hidden assets of the world’s most powerful politicians and billionaires have been revealed in the biggest leak of financial offshore data in history. More than 100 billionaires, 30 world leaders and 300 public officials’ undercover dealings have been exposed in a joint investigation by BBC Panorama with the Guardian and other [...]
Tory MP says supermarket shortages are in UK’s ‘long-term interest’ October 3, 2021 A Conservative MP has today said it is in the UK’s “long-term interest” for supermarkets to face crippling shortages and that he would like more local producers to be able to sell their milk in village shops. West Dorset MP Chris Loder told a fringe event at the Tory party conference in Manchester that it [...]
Liz Truss lays out plan to strengthen west against China and other ‘malign actors’ October 3, 2021 Liz Truss has used her Conservative party conference speech to vow that “Britain’s best days lie ahead” as she plots out a new “network of liberty” to hit back against authoritarian foes. The foreign secretary said she wanted to create a series of new security alliances – similar to the recently signed Australia, UK and [...]
TfL in further cash plea to government to keep London moving October 3, 2021 Transport for London has asked the Treasury for a further half a billion worth of support for the rest of the financial year and for a further £1.2bn next year to “ensure London’s recovery” from the pandemic. Documents submitted by the capital’s transport authority to the government’s spending review include a commitment from TfL to [...]
