23 h. ago Reform MP James McMurdock resigns party whip as he is investigated over £70,000 Covid bounce back loans

Reform MP James McMurdock has resigned the party whip as he faces an investigation into £70,000 worth of Covid bounce back loans he took out for businesses during the pandemic.

Economics

24 h. ago Reform MP James McMurdock resigns party whip over allegations surrounding his 'business propriety during Covid pandemic'

Reform MP James McMurdock has 'removed the party whip from himself pending the outcome of an investigation into allegations that are likely to be published by a national newspaper.'

Events

24 h. ago Reform UK MP James McMurdock withdraws party whip over pandemic

Mr McMurdock has represented South Basildon and East Thurrock since last July’s general election

Events

4 d. ago AstraZeneca boss ‘wants to shift stock market listing to US’

Report claims CEO Pascal Soriot talked in private about moving UK’s most valuable listed company and considered shifting its domicileAstraZeneca’s chief executive, Pascal Soriot, has reportedly said that he would like to shift the company’s stock market listing from the UK to the US.The boss of Britain’s most valuable listed company has spoken privately about a preference to move the listing to New York, the Times reported. It added that he had also considered moving the company’s domicile. Continue reading...

Economics

1 week ago Cutifani steps down as chair of Vale’s base metals business after two years

Parent company boss Gustavo Pimenta set to replace the former Anglo American chief executive

Politics

1 week ago Covid conman lied about £1m company to get his hands on £50K government cash

A probe found Jamie Rowatt abused the Covid bounce back loan scheme aimed to help businesses through the pandemic.

Economics

1 week ago Government ‘passive’ in recovering £1.9bn of Covid loan losses, MPs warn

The Public Accounts Committee criticised the lack of incentive for lenders to recover the money.

Events

2 w. ago OpenAI boss accuses Meta of trying to poach staff with $100m sign

Sam Altman describes offer from Mark Zuckerberg’s company as ‘crazy’, as scramble for talent intensifiesThe boss of OpenAI has claimed that Mark Zuckerberg’s Meta has tried to poach his top artificial intelligence experts with “crazy” signing bonuses of $100m (£74m), as the scramble for talent in the booming sector intensifies.Sam Altman spoke about the offers in a podcast on Tuesday. They have not been confirmed by Meta. OpenAI, the company that developed ChatGPT, said it had nothing to add beyond its chief executive’s comments. Continue reading...

Economics

2 w. ago Swedish ‘queen of trash’ jailed for dumping thousands of tonnes of toxic waste

Fariba Vancor, former boss of Think Pink waste management company, convicted of 19 serious environmental crimesA Swedish entrepreneur who once called herself the “queen of trash” has been sentenced to six years in prison for illegally dumping hundreds of thousands of tonnes of toxic waste in the country’s biggest environmental crime case.Fariba Vancor, previously known as Bella Nilsson and the former chief executive of waste management company Think Pink, was convicted on Tuesday of 19 counts of serious environmental crimes. Her ex-husband Thomas Nilsson was found guilty of 12 counts of serious environmental crimes and sentences to three years and six months in prison. Continue reading...

Events

2 w. ago Carer’s allowance: woman who won case against DWP calls for end to ‘sickening harassment’

Nicola Green, 42, speaks out after significant legal victory against department that accused her of fraudUK politics live – latest updatesThe mother of a teenager with cerebral palsy has demanded an end to the “sickening harassment” of unpaid carers after a significant legal victory against the government.Nicola Green, 42, was pursued by the Department for Work and Pensions (DWP) for more than a year after she was accused of fraudulently claiming nearly £3,000 in carer’s allowance. Continue reading...

Events

3 w. ago Company boss pocketed £150,000 in fraudulent Covid business loans

A judge told Zahid Afzal that at a time of national emergency the government had set up a system to help businesses which he had abused

Economics

3 w. ago Company boss, 72, 'throttled his neighbour and damaged his Jaguar in 'very messy' dispute over shared driveway of his £540,000 home', court hears

Trevor Hollisey, 72, and his wife Jennifer, 79, are said to have got into an altercation with their neighbours over the use of a gate on the shared driveway.

Economics

3 w. ago London fraudster invented business for bogus £50,000 Covid Bounce Back loan claim

The £50,000 Bounce Back loan for the fictional company was approved within two days

Economics