How to limit reputational damage after a data breach August 29, 2019 The General Data Protection Regulation (GDPR) has been with us for over a year. It was greeted with a tremendous fuss, with the threat of fines running into the millions. Organisations ran around like headless chickens while their lawyers drafted privacy notices and policies, and proffered advice on what to do about breaches. The Information [...]
IBM and Vodafone’s $550m joint venture secures first deal August 28, 2019 IBM and Vodafone’s $550m partnership has signed its first contract, an eight-year partnership with National Express. The deal is intended to ensure that the UK-based leading transport provider can “adapt to today’s digitally savvy customers”. IBM and Vodafone joined forces in January of this year, bringing together their respective strengths in connectivity and hybrid cloud [...]
Hong Kong protests: Police use tear gas to disperse crowds after petrol bombs thrown August 24, 2019 Hong Kong police have fired tear gas to break-up protests against the government on Saturday after activists there petrol bombs and bricks. Four MTR subway stations have been closed around a densely populated area of east Hong Kong called Kwun Tong, as thousands packed the streets to protest. Read more: HSBC urges peace amid Hong [...]
Sheffield Hallam MP Jared O’Mara arrested – reports August 23, 2019 The MP for Sheffield Hallam, Jared O’Mara, was arrested last week on suspicion of fraud, according to reports. Police raided his constituency office, taking documents and computers last Friday, the Mirror and the BBC wrote. Read more: Who the heck is Nick Clegg? Seven facts about Facebook’s new spin chief The MPs office manager Gareth [...]
BoE advisor Huw van Steenis appointed UBS’s sustainable finance chief August 23, 2019 UBS has appointed Bank of England adviser and former investment banker Huw van Steenis to chair its new sustainable finance committee and take charge of investor relations. Read more: BoE’s Mark Carney cautiously welcomes Facebook’s new currency Libra Van Steenis was appointed as a senior adviser to BoE governor Mark Carney in May 2018, and [...]
EU considers giving citizens explicit rights over facial recognition data August 22, 2019 The European Commission is considering introducing strict regulations governing the use of facial recognition technology that would give EU citizens explicit rights over the use of their facial recognition data. The Commission’s plans, which were first reported in the Financial Times, would be part of a wider overhaul into how the EU regulates artificial intelligence [...]
City Moves for 22 August – Who’s switching jobs at Blue Prism, Dixa and HSBC Global Asset Management? August 22, 2019 Today’s City Moves includes Blue Prism, Dixa and HSBC Global Asset Management. Blue Prism Robotic process automation firm Blue Prism has announced that veteran enterprise software executive Eric Verniaut has joined chief operating officer. Eric has almost 30 years of experience in technology, specifically in enterprise software, professional services and solution sales. He will take [...]
Has Priti Patel thought through the implications of abruptly ending free movement? August 20, 2019 Priti Patel, fresh from announcing that she wants criminals to feel “terror” at the thought of breaking the law and following last week’s Home Office brainwave to print anti-knife messages on the packaging of products from chicken restaurants, has a new plan. The home secretary has revealed her intention to end freedom of movement from [...]
UK weather warning in place as month of rain to fall on Friday August 16, 2019 The UK looks on course for its wettest August on record following a washout start to the month that is set to continue. New flood warnings have been issued across the west of Britain for Friday with a month’s worth of rain expected to fall within a 24-hour period. The Met Office have issued a [...]
Why you should be worried about the rise of the Bank of Mum and Dad August 16, 2019 The yearning to own one’s home is as British as a piping hot cup of tea, cricket, or a traditional roast dinner, and the UK’s rates of ownership-occupancy have traditionally been among the highest in Europe. Unlike many traditions, this desire hasn’t been dented by the complexities of modern life either. One recent survey revealed [...]