France hits UK with veiled threat to cut off power to Channel Islands October 5, 2021 France has made a veiled threat to cut off power to the Channel Islands in the latest escalation of a long-running fishing row. French European affairs minister Clement Beaune said “we are tired of being nice” and that he “will not stand” for French fishermen being locked out of UK waters by Downing Street. Cabinet [...]
Shortages: Boris Johnson denies crisis exists as he calls supply chain ‘fantastic’ October 5, 2021 The Prime Minister today he is “not worried” about the staffing shortages which have played a role in petrol pumps running dry and risk a mass pig cull and shortages this Christmas. Boris Johnson played down the prospect that rising inflation rates could cancel out wage growth as he pins his long-term hopes on transitioning [...]
Mark Zuckerberg loses $6bn in Facebook selloff spree following global outage October 5, 2021 Mark Zuckerberg has lost $6bn in a Facebook selloff spree that followed in the wake of a massive server outage yesterday, as well as accusations against the social media giant in relation to children’s interests through its flagship product Instagram. Zuckerberg came down a notch on the richest man’s list as Facebook’s stocks plummeted 4.9 [...]
Bitcoin rises to $50k again as Wall Street drops amid inflation fears October 5, 2021 Bitcoin - the leading cryptocurrency - is currently trading at around $50,200, up almost six per cent over the past 24 hours.
Scantily clad CMA guidelines will do little to fend off greenwashing on our high streets and in our banks October 5, 2021 restore it. The term greenwashing wasn’t invented by the environmentally active Gen Z or even the older cohort of millenials. It dates back to 1986 when American environmentalist Jay Westerveld used it to describe hotels asking their customers to reuse towels to limit water usage while they abused neighbouring nature areas for their premises. Washing [...]
Soaring oil prices fuel London markets October 5, 2021 Soaring oil prices fuelled industrial megacaps this morning, pulling London markets away from yesterday’s losses. The capital’s premier index added 0.60 per cent to reach 7,052.75 points during the first couple hours of trading today. The likes of Shell and BP were boosted this morning by oil prices reaching a seven-year high, climbing above $80 [...]
Editorial: Crisis? What crisis? Sunak and his party would be wise to avoid complacency October 5, 2021 The year is 1979, and rubbish bags are piling up in Leicester Square. Lorry drivers are striking leading to queues at fuel pumps, and Brits are panic-buying bread. Prime Minister Jim Callaghan returns to Britain from a conference in Guadeloupe and declares airily that “I don’t think other people in the world would share the [...]
Facebook, Instagram and WhatsApp ‘start to come back online’ October 5, 2021 Social media platforms Facebook, WhatsApp and Instagram are starting to come back online, after a major outage meant millions couldn’t use their platforms for most of the night. In a very bad day for parent company Facebook, its shares closed 4.9 per cent lower on Wall Street, having plummeted as much as 5.74 per cent [...]
UK urged to crack down on ‘dirty money’ as Pandora Papers expose London’s murky role October 4, 2021 There are fresh calls today to tighten Britain’s defences against “dirty money” after a leak of offshore data exposed the secret financial dealings of some of the world’s richest and most powerful people. The cache of almost 12m files – dubbed the Pandora Papers – is said to cover the activities of some 35 current [...]
Keir Starmer’s bid for Red Wall voters will leave the young out in the cold October 4, 2021 No one wants to hear a longer speech from Keir Starmer after his first performance in front of live crowds at Labour conference last week. The ninety minute monologue on his vision for the party’s future was, in short, a lot. But even in the midst of winding journeys through his personal history, segues on [...]