What we learned from Keir Starmer on AI, Boris Johnson and Nicola Sturgeon June 13, 2023 Keir Starmer hit the stage at London Tech Week this morning to mount Labour’s charm offensive on the great and good of London tech. Starmer’s address to the conference followed a major presence from top Tory figures yesterday, with talks from both Rishi Sunak and Jeremy Hunt. Speaking on the main stage in Westminster, the [...]
Man arrested on suspicion of murder after three killed in Nottingham ‘major incident’ June 13, 2023 Three people have been found dead in Nottingham in what police described as an “horrific and tragic incident”. A 31-year-old man has been arrested on suspicion of murder after two people were found dead in the street in Ilkeston Road just after 4am on Tuesday. A third man was found dead in Magdala Road, Nottinghamshire [...]
“I’ll be back”: Boris Johnson deliberately misled parliament, Privileges Committee to say today – Reports June 13, 2023 Boris Johnson will reportedly be found on Wednesday to have deliberately misled MPs over parties in Downing Street during the pandemic. The Privileges Committee has rejected the former prime minister’s defence that senior officials advised him Covid rules and guidance had been followed in No 10, according to the Times. But Mr Johnson – who [...]
Risk aversion is ‘endemic’ in UK, pensions chief warns June 13, 2023 The UK is in the grip of “endemic” risk aversion when it comes to investment, a pensions chief executive has warned yesterday. Tracy Blackwell, chief executive of Pensions Insurance Corporation, said the country needed to embrace the risk of the markets and look to divert capital into more productive areas of the economy. “How we [...]
London Tech Week: Sunak and Hunt’s charm offensive was no light touch June 12, 2023 Charlie Conchie, City PM investment editor, reflects on day one of London Tech Week. What’s a growth mindset and how can I get one? Solving the UK’s tech investment gap is not just tweaking rules and regulation, Chancellor Jeremy Hunt said yesterday, but also “looking at our mindset”. “That’s something I think we need everyone’s [...]
London trial: Ukraine’s bank accuses former owners of ‘fraud on epic scale’ and money laundering June 12, 2023 Ukraine’s biggest bank has accused two former owners of “fraud on an epic scale” covered up by “money laundering on a vast scale” at a High Court trial in London. JSC Commercial Bank Privatbank says former owners Igor Kolomoisky and Gennadiy Bogolyubov misappropriated more than £1.5 billion (nearly two billion US dollars). A judge began [...]
Government price tag for making tax digital has ballooned, report warns June 12, 2023 The credibility of the government’s plans to allow people to file their tax bills digitally has been undermined by repeated delays and a bill that has increased about sixfold, the National Audit Office (NAO) has said. The official auditors said that the final bill is currently expected to be £1.3bn, an increase of more than [...]
AI can help capital tackle climate threat, Sadiq Khan says June 12, 2023 Artificial intelligence (AI) can be deployed to help London tackle the threat from climate change, Sadiq Khan has said. The mayor of London has launched a review exploring how data and technology can help the capital thrive in a changing environment. At the opening of London Tech Week on Monday, Khan outlined how blistering heatwaves [...]
Silvio Berlusconi: Ex Italian PM known for sex-fuelled parties, dogged by corruption and scandal, dies aged 86 June 12, 2023 Former Italian premier and media mogul Silvio Berlusconi has died at the age of 86, Italian media has reported. He was Italy’s longest-serving premier despite scandals over his sex-fuelled parties and allegations of corruption. Italian news agency LaPresse reported Mr Berlusconi’s death after he was taken to hospital on Friday for the second time in [...]
Boris Johnson accuses Rishi Sunak of ‘talking rubbish’ in resignation row latest June 12, 2023 Boris Johnson accused Rishi Sunak of “talking rubbish” as the row over his resignation and peerages list became a public slanging match. It came after Sunak laid into his predecessor as prime minister Boris Johnson claiming he “asked me to do something I wasn’t prepared to do” over his peerages list. Johnson’s camp accused the [...]