Celebrity details leaked after London jeweller hacked November 1, 2021 London-based jeweller Graff has been attacked by a ransomware gang, with cyberhackers stealing celebrity clients’ details. Russian group Conti – who are known for launching attacks on hospitals and government departments – are thought to have demanded millions of pounds in ransom. The group has already leaked around 69,000 confidential documents on the dark web, [...]
PE group in talks to sell Racing Post owner for up to £500m October 31, 2021 Spotlight Sports Group, the media entity that owns British horseracing the Racing Post, is reportedly heading towards a £500m sale at auction, as its private equity owner looks to cash in on the growing capital tied to sports betting data. Exponent Private Equity, which scooped up the horseracing publication in 2016, has begun talks with [...]
French president tells Johnson to ‘respect the rules’ amid post-Brexit fishing licence row October 31, 2021 French president Emmanuel Macron has told Boris Johnson to “respect the rules” amid a row over fishing licences, according to a French official. Though the French presidential official told reporters at the G20 summit today that “the goal for both the president and the prime minister was to work towards de-escalation” – Macron has said [...]
PM refuses to rule out French trade dispute action over fishing row October 30, 2021 Boris Johnson has refused to rule out triggering trade dispute action against France next week, after a row over fishing. France threatened to ban British seafood exports after dozens of French vessels were denied post-Brexit fishing licences for UK and Jersey waters, “We won’t let the British wipe their feet on the Brexit agreement,” French [...]
Ministers fear Bulb Energy collapse as energy crisis worsens – CityAM : CityAM October 29, 2021 Government ministers are increasingly fearful that Bulb Energy (Bulb) is on the brink of collapse and could cease trading as early as next week, according to Sky News. They are now accelerating contingency plans in case Bulb fails to find a rescue deal. The struggling energy firm has been working with US investment bank Lazard [...]
Post-Brexit: Trading with countries further afield could ramp up UK emissions 88 per cent October 29, 2021 Replacing the trade lost between the UK and the EU since 2018 with deal with countries further afield could increase emissions by 88 per cent, new analysis has suggested. The added distance of travel amounts to around 6.5m tonnes of CO2, according to cross-party advocacy group Best for Britain and UK Trade Business – the [...]
Energy crisis continues with CNG Energy’s retail arm on the brink of collapse October 28, 2021 CNG Energy’s retail arm is on the verge of collapse. The embattled firm is close to falling into the infamous supplier of last resort process, according to Sky News. The supplier provides energy only to commercial clients. It is responsible for 45,000 customers, including schools, hairdressers, hotels and restaurants. If it ceases trading, it will [...]
Daniel Kretinksy: Czech billionaire poised to buy stake in West Ham United October 28, 2021 West Ham United are the subject of takeover interest from Czech billionaire Daniel Kretinsky, according to multiple reports. Kretinsky, who co-owns Sparta Prague and holds major stakes in the Royal Mail and Sainsbury’s, is said to be close to buying a 27 per cent stake in the Premier League club. The deal, first reported by [...]
Budget: Millions of Brits to face ‘real pain’ as rising cost of living and taxes will bite October 28, 2021 Rising costs and tax increases will leave tens of millions of Brits worse off, economists said today. Their warning comes as experts are ploughing through yesterday’s Budget. Rishi Sunak had claimed his Budget is a strategy to “usher in a new age of optimism”, but a leading economic think tank warned the public “may not [...]
China’s small cities barred from reaching for the stars with sky scraping vanity projects October 28, 2021 China has put limits on smaller cities, restricting their ability to build “super high-rise buildings”, for fear of indulging in too many vanity projects. The country, home to the largest number of tall buildings in the world, has already banned buildings taller than 500 metres – which joins another ban on “ugly architecture” from earlier [...]