Screenshot: Is the Netflix documentary craze coming to an end? June 25, 2021 This week **Media Moment of the Week: Proper propaganda **Is the Netflix documentary craze coming to an end? **Adland bins plans for junk food ad ban Media Moment of the Week: Proper propaganda Nothing screams flourishing democracy like a video of flag-waving children singing a patriotic anthem, right? That seems to be Gavin Williamson’s policy, [...]
Police seize £114m of cryptocurrency in money laundering sting June 25, 2021 Scotland Yard detectives last night raided a huge money laundering operation in London, seizing more than £100m in cryptocurrency.
Amazon and Google hit with competition probe over fake reviews June 25, 2021 Amazon and Google have been hit with a competition probe in the UK over concerns they have not done enough to tackle fake reviews on their sites. The Competition and Markets Authority (CMA) today opened a formal investigation into the tech platforms to examine whether they have broken consumer laws by taking insufficient action to [...]
Covid-19: Inaccurate energy bills stress out cash strapped customers, charity says June 25, 2021 Inaccurate and inflated energy bills continue to plague customers, a charity has said, adding that five bottom-ranked suppliers gave incorrect bills to 15 per cent of their customers. Citizens Advice, which ranked energy suppliers, said many people whose finances were already stretched by the pandemic faced further difficulties after receiving incorrect energy bills. “All companies [...]
Scandal-hit Toshiba chairman ousted by shareholders in rare investor victory June 25, 2021 Investors at scandal-ridden Toshiba today voted out its chairman, Osamu Nagayama, after the company was found to have colluded with the government to suppress the interests of foreign investors. The move marks a milestone for corporate governance in Japan after Toshiba shareholders successfully secured a probe into the allegations of pressure on overseas investors. One [...]
Biden turns on the investment taps with $1.2 trillion bill agreement June 25, 2021 The US Senate has finally agreed on a $1.2 trillion infrastructure bill, which was watered down some $1.1 trillion from Biden’s original pitch. The deal, worth an eyewatering £860bn, accompanies an eight-year plan to fund roads, bridges, the power grid, public transport and the internet. However, left-wing Democrats have called the deal ‘paltry’ after Biden [...]
Panasonic sells entire stake in Tesla for $3.6bn June 25, 2021 Panasonic has sold its stake in electric car maker Tesla for $3.6bn, a spokesperson for the Japanese company said today. The sale comes as Panasonic looks to raise cash for investing in growth and to reduce its dependence on Tesla. The electronics firm is dominated by Elon Musk’s company, but the two have often had [...]
Investors should have a duty to investigate links to modern slavery June 25, 2021 While slavery might sound like an egregious crime of the past it is still commonplace in modern society. It is a crime that exploits and dehumanises individuals and sees them as property to be bought, sold or traded. While it is prevalent, it is not public, and across the world acts of modern slavery take [...]
Record number of homes selling for the asking price or above June 25, 2021 A record number of homes that completed in January 2021 sold for their asking price or above, and those that didn’t missed the mark by only a small amount. More than a third (37%) of homes in England and Wales achieved their asking price or more in January 2021, while those that didn’t achieved on [...]
Systemiq CFO, Andrew Morrow CA, on why accountants play a crucial role in tackling the planet’s most urgent challenges June 25, 2021 From rainforest economies in Brazil to tackling plastic pollution in Indonesia, systems change company Systemiq confronts some of the planet’s most urgent challenges. CFO Andrew Morrow CA explains why accountants play a crucial role. This article first appeared in ICAS’ CA magazine. Back in 2018, systems change company Systemiq took representatives of two multinational food [...]
