December 18, 2020

UK retail sales fell 3.8% in November as lockdown hit stores

Retail sales fell by 3.8% last month when a four-week lockdown in England closed stores selling non-essential goods, official figures show.
December 18, 2020

Cyberpunk 2077: CD Projekt Red’s game pulled from PlayStation Store by Sony

Cyberpunk 2077 has been removed from the PlayStation Store after the long-awaited title launched amid complaints of bugs and glitches.
December 18, 2020

Communications company Openreach announces over 5,000 new jobs

Communications company Openreach has announced it is creating more than 5,000 new engineering jobs next year, as the company seeks to speed up broadband upgrades.
December 18, 2020

US nuclear agency a target in ‘massive’ cyber attack on federal government

The US Department of Energy, with responsibility for managing nuclear weapons, has emerged as a victim of a major suspected Russian hacking campaign.
December 17, 2020

Bank of England governor apologises after FCA failings over £237m investment scandal

Bank of England governor Andrew Bailey has apologised after an independent report severely criticised the City regulator that he led at the time of a £237m investment scandal.
December 17, 2020

PM to speak to EU chief tonight as Brexit trade talks continue

Boris Johnson will speak to European Commission President Ursula von der Leyen tonight as negotiations continue over a post-Brexit trade deal.
December 17, 2020

Swiss refuse to roll over as Trump administration lashes out over currency

It is somehow appropriate that, in the dying days of his administration, Donald Trump has wielded a weapon he threatened to brandish even before taking office.
December 17, 2020

TikTok deletes anti-vax video after MP’s criticism

TikTok scrambled to delete a video featuring anti-vaccination disinformation during a parliamentary hearing on Thursday, after an MP cited it as evidence the platform was not doing to enough to tackle such claims.
December 17, 2020

Why latest slice of jobs support signals months’ more COVID-19 disruption

What is one to read into the Treasury's announcement today that the furlough scheme will be extended a further month?
December 17, 2020

What are Australian-style and Canadian-style Brexit trade deals?

For the UK to exit the EU on genuine Australian, no-deal or WTO terms, the British government would need to reject the WA/NIP. This now appears unlikely.
December 17, 2020

FCA bosses “must repay bonuses” over scandal of LCF collapse

Two of the City watchdog's top executives are under pressure to repay tens of thousands of pounds in bonuses after being castigated for multiple failures during the collapse of a major minibond provider.
December 17, 2020

Furlough scheme extended until end of April

The furlough scheme subsidising wages for temporarily laid-off workers will be extended until the end of April, Rishi Sunak has announced.