British officials recommend ‘limited’ 5G role for Huawei January 23, 2020 British officials have reportedly recommended granting Huawei a limited role in the UK’s 5G network, despite US calls for a complete ban over security fears. The recommendation was made at a meeting of senior government officials and security chiefs this morning, Reuters reported, citing people with knowledge of the matter. It comes ahead of a [...]
Sweet Christmas for Hotel Chocolat as revenue grows despite supply chain troubles January 23, 2020 Hotel Chocolat has reported double digit revenue growth in the second half of last year. In a trading update this morning Hotel Chocolat said revenue grew 11 per cent in the 13-week period to 29 December, while in the 26 weeks to the same date it was up 14 per cent. The chocolatier said trading [...]
Coronavirus fear grips China as three cities go into lockdown January 23, 2020 Three Chinese cities have been put into lockdown as fears over the coronavirus outbreak grow. Chinese authorities have suspended all transport in and out of Wuhan, where the virus originated, in an effort to stop the virus spreading further. They also said that they will impose travel bans in the cities of Huanggang and Ezhou, [...]
Britain will make Huawei decision soon, says Leadsom January 23, 2020 Britain will soon decide what role Huawei will have in its 5G network but there are only a limited number of alternative providers, Andrea Leadsom said today. The business secretary told Sky: “Ideally there would be more providers of infrastructure similar to the work that Huawei does but the UK is looking very carefully at [...]
Not as easy as 1,2,3: Seven accounting errors that rocked FTSE firms January 22, 2020 Ted Baker today experienced the dubious honour of joining a list of FTSE firms that have been shaken by accounting errors in the past year. The fashion retailer revealed an accounting error was more than twice as bad as it previously thought, knocking shares down seven per cent. But it is by no means the [...]
Saudi Arabia was involved in Jeff Bezos phone hack, UN says January 22, 2020 Two UN officials have said that Saudi crown prince Mohammed bin Salman may have been involved in a plot to hack Amazon founder Jeff Bezos’ phone. Analysis commissioned by Bezos’ security team concluded that a Whatsapp message from Crown Prince Mohammed bin Salman included a malicious file that infiltrated Bezos’ phone. The UN special rapporteurs, [...]
John Manzoni to step down as chief of the civil service January 22, 2020 The chief executive of the civil service, Sir John Manzoni, is stepping down from his role ahead of looming Whitehall reforms. A Cabinet Office spokesperson said: “As has been planned for some time, Sir John Manzoni will step down from his post at some point this year.” Sky News first reported that Manzoni told senior colleagues of [...]
Davos 2020 day two live: Europe is tougher than China, says Trump January 22, 2020 Please manually refresh this page for our latest Davos 2020 updates. The World Economic Forum at Davos is focusing on climate change this year. Today, Chancellor Sajid Javid will speak on a panel on the future of financial markets. EU Commission President Ursula von der Leyen will address the world and Prince Charles will make [...]
Davos 2020 live: Carrie Lam ‘disappointed’ by rating downgrade January 21, 2020 Please manually refresh this page for our latest Davos 2020 updates. The World Economic Forum at Davos is focusing on sustainability this year. US President Donald Trump is set to make a special address, despite his impeachment beginning in the Senate. Environmental activist Greta Thunberg hosts a panel session. Read more: What is Davos 2020? [...]
Trump Davos 2020 speech: US could do ‘tremendous’ trade deal with UK January 21, 2020 President Donald Trump used his Davos 2020 speech today to say he is looking forward to negotiating a “tremendous new deal” with the UK after Brexit. Speaking at the World Economic Forum (WEF) at Davos, President Trump said the UK has a “wonderful new Prime Minister who wants very much to make a deal”. Read [...]
