Sir Nick Clegg summoned in front of MPs over social media abuse February 5, 2019 Sir Nick Clegg has been asked to appear in front of a parliamentary committee to answer questions about the harassment of MPs on social media. The Joint Committee on Human Rights (JCHR) has written to Clegg, who is head of global affairs and communications at Facebook, asking him to give evidence as part of its inquiry [...]
May vows to avoid hard Ireland border as she seeks changes to Brexit deal February 5, 2019 Theresa May sought to reassure Northern Irish business leaders today that she will not allow a Brexit deal to create a hard border in Ireland. Delivering a speech in Belfast, the Prime Minister said her commitment to avoiding a hard border between Northern Ireland and the Republic of Ireland is “unshakeable”. Read more: Chris Grayling: [...]
Chris Grayling says it will be the EU’s fault if Britain leaves without a deal on 29 March February 5, 2019 Transport secretary Chris Grayling has said the blame will lie with Brussels if the UK crashes out of the EU without a deal on 29 March. The Cabinet minister said the UK government had done all it could to secure an agreement and that it would be down to the EU's failure to compromise me if a [...]
President Trump to nominate World Bank critic David Malpass to lead the institution February 5, 2019 President Donald Trump is reportedly set to nominate an ally from the US Department of the Treasury to become president of the World Bank. The nomination of David Malpass would see an ardent critic of the World Bank put in line to lead the lending institution. Read more: Shutdown back down: Trump faces conservative backlash as [...]
Merkel calls for Huawei security guarantees ahead of 5G rollout February 5, 2019 German Chancellor Angela Merkel has said Huawei must offer guarantees about the security of its technology if the Chinese firm is to be involved in the country’s 5G network. During a visit to Japan Merkel raised the issue of security fears surrounding the telecoms company, saying she wanted to speak with Chinese authorities so “the [...]
Major HMV stores in London to be axed following chain’s sale February 5, 2019 HMV is set to shut its flagship London stores in Westfield and Oxford Street as part of a swathe of closures following a rescue deal with Sunrise Records. The Shepherds Bush outlet is one of 27 stores in line for closure after Canadian music entrepreneur Doug Putman confirmed he had bought the retailer this morning. [...]
Every day, we vote with our clicks that we value Facebook February 5, 2019 With front-page headlines including “Facebook paid kids and spied on them”, “Generation of web addicts”, “Wild West Web firms facing ban”, and “Stop online giants who help kill our kids”, it’s fair to say that it has not been the best UK press week for social media firms. Poor old Nick Clegg must have thought that [...]
The trade war in your head? A look behind the US-China feud February 5, 2019 As the US-China talks resume this week, the spectre of global trade disintegration on looms ever larger. There is one month for Donald Trump and Xi Jinping to strike a deal before the 90-day ceasefire in tit-for-tat rhetoric expires. At stake is $200bn of Chinese exports to the US, which will otherwise see tariffs rise [...]
Sunrise Records rescues HMV from administration, hoping vinyl sales will rejuvenate high street music titan February 5, 2019 Canadian music magnate Doug Putman was confirmed as the successful bidder for HMV today, saving the iconic high street brand from collapse. Putman’s Sunrise Records will snap up 100 HMV stores while 1,487 store and head office staff will transfer over. Read more: Canadian vinyl mogul emerges as late bidder for HMV The chain will continue to [...]
The world’s booming middle class still holds the key to the City’s future February 5, 2019 Billions of people have escaped poverty over recent decades, in what is arguably humanity's greatest success story. Figures last autumn, moreover, estimated that five people join the world's burgeoning middle class every second. Much of the success is concentrated in Asia, a picture that looks set to continue according to fresh data published by PwC [...]
