Facebook unveils privacy changes in bid to become more transparent after Cambridge Analytica scrutiny March 28, 2018 Facebook said today it will be making its privacy tools easier to find in a bid to boost transparency and improve trust after last week’s furore over the revelations involving Cambridge Analytica. The firm has been embroiled in controversy with Facebook over allegedly using the personal data of 50m users to influence the 2016 US [...]
Deutsche Bank starts hunt for successor to John Cryan March 27, 2018 Deutsche Bank is lining up successors to its embattled boss John Cryan, according to multiple reports. Paul Achleitner, the chair of the giant German lender’s board, has held talks with potential new bosses, Bloomberg reported. Cryan has struggled to fend off criticism of the bank’s strategy from shareholders and analysts, many of whom focus on [...]
The UK cannot afford to turn away skilled migrants March 27, 2018 Is Britain getting the workers it needs? It would seem not. As we near the end of March, the monthly visa cap for high-skilled migrants from outside the EU has been hit for the fourth month in a row, meaning thousands of qualified doctors, software developers, and engineers are being turned away from the UK. [...]
Jeremy Corbyn-supporting Jewish Voice for Labour is planning an anti-anti-Semitism rally March 26, 2018 Jeremy Corbyn’s supporters are organising a rally to counter the protest against the party leader’s apparent toleration of anti-Semitism. The original protest, organised by the Board of Deputies of British Jews and the Jewish Leadership Council, is scheduled to begin outside parliament at 5:30pm today. However, the Jewish Voice for Labour is organising a rally [...]
Jeremy Corbyn-supporting Jewish Voice for Labour is planning an anti-anti-Semitism rally March 26, 2018 Jeremy Corbyn's supporters are organising a rally to counter the protest against the party leader's apparent toleration of anti-Semitism. The original protest, organised by the Board of Deputies of British Jews and the Jewish Leadership Council, is scheduled to begin outside parliament at 5:30pm today. However, the Jewish Voice for Labour is organising a rally [...]
Last week in the City March 23, 2018 This week, China warned the US that it is not afraid of engaging in a trade war, the Federal Reserve hiked interest rates again, and Facebook shares plummeted after allegations that millions of users' profile data had been harvested. The FTSE 100 was down 3.5% over the course of the week by mid-session on Friday. [...]
Maplin job losses continue as administrators fail to find a buyer March 22, 2018 Maplin's administrators have announced further job losses this morning after failing to find a buyer for the business. The retail chain, which employs more than 2,000 people, was put into administration at the end of February. PwC has been handling the process, and today said a further 66 redundancies had been made at Maplin's head [...]
Russian ambassador: UK is in breach of Vienna Convention for blocking access to Skripals March 22, 2018 The Russian ambassador to the UK has implied the British authorities may have been behind the attack on Sergei Skripal and his daughter Yulia, adding the country is in breach of the Vienna Convention for blocking access to “our compatriot”. Speaking from London this afternoon, Alexander Yakovenko claimed it was suspicious that the UK had [...]
De La Rue (DLAR) share price falls after it loses out on contract for new British passport post-Brexit and mulls appeal March 22, 2018 De La Rue this morning confirmed it had missed out on the contract to design the new post-Brexit British passport in 2019 and said it was mulling its options, including whether to appeal. De La Rue’s chief executive Martin Sutherland told the BBC’s Today programme the company was “being undercut by a French competitor”, saying [...]
Facebook’s Mark Zuckerberg breaks his silence on Cambridge Analytica: “We made mistakes” March 21, 2018 Mark Zuckerberg has broken his silence over Facebook’s data scandal with Cambridge Analytica, saying the company “made mistakes”. The social media giant’s boss had been notably absent since allegations were made that data firm Cambridge Analytica mined millions of Facebook users’ personal data over the weekend. Today, in a Facebook post, Zuckerberg said: We have [...]