Mike Lynch faces imminent US extradition order after legal defeat
Priti Patel has been ordered to make a decision within 48 hours on extraditing Mike Lynch, the alleged Autonomy fraudster, to the US after he lost a…
A culture war over ‘woke capitalism’ is the last thing we need
On the other extreme are those proselytising for a hardline libertarian view of capitalism. They include the Adam Smith Institute, which worries that the entire stakeholder capitalism…
Boeing takes $4.5bn hit as supply chain issues delay Dreamliners
Boeing has taken a $4.5bn (£3.3bn) hit after supply chain chaos sparked delays to deliveries of its Dreamliner jet. The US manufacturer has struggled to take advantage…
Britain cannot turn a blind eye to Chinese economic imperialism as war threatens
Some Sri Lankan politicians have gone as far as to suggest China deliberately pushed their country into a debt trap in order to expand China’s sphere of…
Hedge fund offers £38m for owner of the Wolseley, the West End restaurant to the stars
A US hedge fund has lodged a £38m bid for the owner of the Wolseley, the central London restaurant frequented by celebrities including Kate Moss and Stephen…
It’s not looking good for the ‘British Bill Gates’
Lynch’s predicament is in stark contrast to that of Gary McKinnon, the British computer hacker that American authorities also tried to extradite. His vulnerability was crucial to…
Taxpayers left with stake in Bolton Wanderers after £5m pandemic loan turned into shares
Bolton Wanderers, the League One football club, is now part-owned by taxpayers after a £5m pandemic loan was converted into shares. The British Business Bank’s latest update on…
Ocado promises faster deliveries and fewer fires with robot upgrades
Ocado has vowed to improve its recent record of warehouse fires with a new generation of robots capable of picking and packing more groceries to deliver faster…
Rishi Sunak defends record on combating Covid loan fraud as Tories jockey for position
He added that the Treasury “appears to have no knowledge of, or little interest in, the consequences of fraud to our economy or society” while the PM…
Knives out for Dishy Rishi as he is ‘captured by the Treasury’ on tax
Yet with the public facing a looming cost of living crisis, any sense of squandered taxpayer cash has only served to compound criticisms of Government profligacy. Only…
Federal Reserve signals March interest rate rise to combat soaring inflation
The Federal Reserve laid the groundwork for its first interest rate rise since 2018 in March as it promised to take action to tackle America’s living costs…
Tesla posts record profits as Musk hails ‘breakthrough year’
Tesla has announced a record annual profit following a surge in demand for electric cars that has made its chief executive Elon Musk the world’s richest man….