The man who sold Britain: Nigel Rudd agrees to flog another UK firm in Signature Aviation deal By Francesca Washtell For The Daily Mail Published: 22:17 GMT, 22 December 2020 | Updated: 22:17 GMT, 22 December 2020 Sir Nigel Rudd is closing in on the sale of yet another prized British firm to foreign buyers. … Read more
Vodafone offers £1.9bn to buy out German firm amid long-running legal battle – but the deal would push the mobile phone giant’s debt to £41.9bn Vodafone bought a 76.8% stake in Kabel Deutschland seven years ago But minority shareholders have been battling over the price paid Vodafone hopes the bid will help reduce its ‘exposure … Read more
Sadiq Khan is blasted over Transport for London’s £25million pension fund with Chinese firm linked to Beijing’s oppression of minorities The pension fund operated by TfL has placed more than £25 million with Tencent Tencent is Chinese technology company that UN accused of covert surveillance Its said to be spying on persecuted Uighur Muslim minority in … Read more
British firm OneWeb is launching the first batch of broadband satellites into orbit since surviving bankruptcy in a bid to take on SpaceX‘s Starlink network. Now jointly owned by Indian conglomerate Bharti Global and the UK government, OneWeb will launch 36 satellites at 12:26 GMT from Russia on a Soyuz rocket. The firm has a … Read more
MARKET REPORT: Bill Gates in the money as private equity giant Blackstone makes a move on Signature Aviation By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 17 December 2020 | Updated: 22:02 GMT, 17 December 2020 Bill Gates was among the investors sitting pretty yesterday after private equity giant Blackstone made a move … Read more
EastEnders actress Jessie Wallace’s firm ‘owes £40,000 in unpaid tax as the company is fully wound up’, documents show Thatcher Promotions Limited was placed into voluntary liquidation in 2015 Report shows it owed £69,614 to the HMRC in unpaid corporation tax and VAT Wallace is listed as the director of Thatcher Promotions Limited by government By Faith … Read more
Dr Emma Stanton has been appointed as a vice president at Oxford Nanopore after leaving director role with NHS Test and Trace A director of the Government’s Test and Trace programme has quit her job and joined a private testing firm recently handed a £113million government contract. Emma Stanton was Director for Supplies and Innovation as … Read more
Bosses at French construction firm shun Grenfell inquiry citing obscure law used just once in 52 years as evidence reveals they knew flammable cladding was ‘substandard’ Three construction bosses say a French law prevents them from taking the stand The 1968 law stops company data being shared in proceedings abroad Technical manager warned cladding was … Read more
Eight years ago, Facebook boss Mark Zuckerberg emailed a colleague at the social network, musing about smaller competitors that were nipping at their heels. Photo-sharing apps Instagram and Path, as well as location tracking service Foursquare, were still tiny by comparison to the Silicon Valley behemoth. But Zuckerberg fretted. ‘If they grow to a large … Read more
Top City law firm unveils plans to use AI to purge ‘gendered language’ including ‘he’, ‘she’ and ‘dear sir’ from all its templates Clifford Chance is one of the so called ‘Magic Circle’ elite London law firms Company unveiled plans to ‘eliminate gendered language’ in legal templates Instructed management business LexPredict to remove use of he, … Read more