Data breach reports soar since GDPR, as firms fear mammoth watchdog fines July 15, 2019 The number of whistleblower reports to the information commissioner over data breaches have jumped 175 per cent since GDPR came in, according to research. People have become more vigilant about the handling of personal data, and more likely to report potential breaches, since the regulations were introduced in May 2018 according to law firm RPC. [...]
FTSE 100’s best and worst performers in 2019 so far July 10, 2019 By Graeme Evans from interactive investor. The blue-chip index jumped over 10 per cent in the first half of this year, but which one surged 68 per cent? It’s been a year of widespread and significant gains in the FTSE 100 index, with blue-chip stocks surging by as much as 68 per cent during the first half of 2019. [...]
Marriott International to be fined £99m for data breach July 9, 2019 Hotel chain Marriott is set to be fined more than £99m for a data breach that compromised the personal details of roughly 393m guests. The Information Commissioner’s Office (ICO) today announced its intention to hand down the fine following an “extensive” investigation into the breach. Read more: British Airways set for £189m fine for 2018 [...]
British Airways owner set for record £183m fine after 2018 data breach July 8, 2019 British Airways is gearing up to face a record £183m fine by authorities after a data breach caused it to lose more than 400,000 customers’ information. The airline’s owner, International Consolidated Airlines Group (IAG), announced this morning it would make “any necessary appeals” in response to the penalty. Read more: British Airways data breach: How [...]
British Airways looks to avert disruption of pilot strikes during busy summer months July 8, 2019 British Airways today began talks with pilots in an attempt to stop them striking over the summer. Pilots met company representatives at the conciliation service Acas after rejecting a pay increase of 11.5 per cent over three years. The airline has said the pay rise is “fair and generous”. Read more: Oman Air beats British [...]
City Moves for 8 July – Who’s switching jobs? July 8, 2019 Today’s City Moves includes Addleshaw Goddard, Mediacom UK and BNP Paribas Real Estate. Addleshaw Goddard Addleshaw Goddard has appointed Jon Tweedale as co-head of international arbitration to lead the practice alongside current practice head, Simon Kamstra. Based in the law firm’s London office, Tweedale has a broad practice, which includes energy and life sciences. His [...]
Saudi airline scraps bumper 737 Max order in blow for Boeing July 7, 2019 Low-cost Saudi Arabian airline Flyadeal has cancelled a $6bn (£4.8bn) order for 30 Boeing 737 Max jets in a major blow for the troubled aerospace giant. Read more: Boeing 737 Max jet hits fresh setback before test flights Flyadeal began to reconsider its provisional order for the grounded 737 Max jets following crashes in Indonesia [...]
Boeing 737 Max jet hits fresh setback before test flights June 27, 2019 Boeing’s plan to return its 737 Max jet to the skies has hit a fresh obstacle, with regulators discovering a “potential risk” to the aircraft model. The Federal Aviation Administration (FAA) said it discovered the issue during simulator tests, and warned Boeing must solve the potential problem before test flights can commence. Read more: British [...]
Heathrow expansion is taking off – now let’s inject some competition into aviation June 25, 2019 It is an airport running at full capacity – and has been for years. Now at last, with the parliamentary approval of a new runway and the release of competing development plans, Heathrow expansion is back on the menu, boys. One of the contenders to be the next Prime Minister, Jeremy Hunt, is a firm [...]
Virgin boss urges ‘level playing field’ for airlines at expanded Heathrow June 20, 2019 MPs must launch an inquiry into the allocation of take-off and landing slots at an expanded Heathrow to ensure a “level playing field”, the boss of a leading airline has said. Shai Weiss, the chief executive of Virgin Atlantic, has said the current rules around slot allocation allow IAG, the owner of British Airways, to [...]