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Facebook respond to facing £500k fine over Cambridge Analytica scandal
The Information Commissioner has slapped a half million pound fine on Facebook for failing to safeguard its users’ data. The maximum fine was issued after this programme and the Guardian newspaper revealed how political strategy firm Cambridge Analytica harvested data from millions of users of the social media site. The commissioner’s office also said it…
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Facebook facing maximum fine for data breaches
Britain’s data protection watchdog intends to fine Facebook £500,000 for failing to safeguard users’ information – the maximum amount it can levy.
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6m
US-China trade war begins
While we’re busy in Britain pondering whether Theresa May’s Brexit plans will make it more difficult for the UK to negotiate a trade deal with the US, in America itself, President Trump is locked and loaded on waging a trade war with China. Today, the world’s two biggest economies slapped billions of dollars’ worth of…
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5m
Trump angered by Harley-Davidson’s decision to move some production out of US
The EU has warned it’ll impose tariffs on $300 billion worth of US goods if President Trump puts a levy on European car imports. Europe happens to be the second most important market for that most identifiably American of companies, Harley-Davidson. And its decision to move some of its production out of the US, because…
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3m
UK set to miss own targets to cut carbon emissions, watchdog warns
Britain is set to miss its own targets to cut carbon emissions – according to the official body that monitors government progress on fighting climate change
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5m
Car industry issues warning over post-Brexit trade
Death by a thousand cuts – that’s what the UK car industry warned could be its fate if it doesn’t get clear government guidance on post-Brexit trading. Today, motor industry bosses said investment has already slumped as the chance of a “no deal” EU departure remains on the table. They also have to deal with…
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Plane speaking: what have Johnson, May and Cameron said about Heathrow expansion?
Mr Johnson said he’d ‘lie down in front of those bulldozers’ to stop a third runway.
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Have government ministers misled parliament over Heathrow?
The transport minister told Parliament that there was no special deal for the company building the third runway. But FactCheck has seen documents that throw his comments into a new light.
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4m
House of Fraser to close 31 store, leaving 6,000 jobs in jeopardy
On another bruising day for Britain’s retail sector, five thousand jobs are at risk at Poundworld as the company prepares to appoint administrators. Six thousand more could be in jeopardy at House of Fraser, which is closing more than half its stores around the country. That includes its flagship branch in London’s Oxford Street – leaving staff in…
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The government won’t tell us if they’ve given Heathrow a special deal
Has the government offered Heathrow a sweetheart deal that rival airports didn’t get? The government won’t let us see the documents we need to say either way.
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3m
Europe condemns Trump steel tariffs
President Trump has fired the opening salvoes in a trade war, but the European Union hasn’t quite returned fire yet. While retaliatory tariffs have been proposed, but not so far imposed, the EU Trade Commissioner had firm words, calling the US levies on European steel and aluminium “protectionist” and “illegal”. She wasn’t alone… France’s President Macron…
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6m
Susan Danger, US Chamber of Commerce to EU, on steel tariffs: ‘Unintended consequences can be extremely harmful to everybody’
Susan Danger is from the American Chamber of Commerce to the EU in Brussels, and Robert Scott is from the Economic Policy Institute in Washington.
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3m
America sparks fears of trade war with EU
British steel and aluminium will be priced out of the American market, after President Trump delivers on his campaign promise. Canada and Mexico join Europe as the latest targets. A retaliation is now unfolding as we speak, and there are fears tonight of a wider trade conflict.With Europe and America already at loggerheads over trade…
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4m
Stephen Kinnock MP: trade war with US could be ‘catastrophic’
Labour MP Stephen Kinnock tells us that President Trump’s ‘blunderbuss’ approach to trade is ‘utterly reckless’.
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3m
Noel Edmonds gatecrashes Lloyds AGM
TV presenter Noel Edmonds took his legal battle with Lloyds Bank into the company’s AGM today. He believes he was the victim of fraud by former staff inside HBOS. That bank was taken over by Lloyds at the height of the financial crisis, and Mr Edmonds now wants compensation from them. At today’s meeting in…