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Johnson picks new chief of staff to lead post-Cummings 'reset'
  + stars: | 2020-11-26 | by ( William James | ) www.reuters.com + 0.99   time to read: +2 min
LONDON (Reuters) - British Prime Minister Boris Johnson appointed Dan Rosenfield, a business consultant and former treasury official, as his new chief of staff on Thursday as he tries to restore trust in his leadership. Johnson is reshaping his senior team of advisers following the departure of Dominic Cummings earlier this month. The chief of staff is traditionally the most powerful political appointment in the prime minister’s office. Though exact responsibilities vary according the leaders’ preference, the job involves providing strategic and political advice to help the prime minister take decisions. Rosenfield will begin work on Dec. 7 and officially take up the Chief of Staff role on Jan. 1, Downing Street said.
Persons: Boris Johnson, Dan Rosenfield, Johnson, Dominic Cummings, Cummings, Rosenfield, Hakluyt, Alistair Darling, George Osborne, “ Dan, , Rupert Harrison, Osborne Organizations: British, Bank of America, Blackrock, Conservative Party, Downing
UK PM Johnson appoints business consultant as new chief of staff
  + stars: | 2020-11-26 | by ( ) www.cnbc.com + 0.99   time to read: +1 min
British Prime Minister Boris Johnson appointed Dan Rosenfield, a business consultant and former treasury official, as his new chief of staff on Thursday. Johnson is reshaping his senior team of advisers following the dramatic departure of Dominic Cummings earlier this month. "The Prime Minister has today appointed Dan Rosenfield as his chief of staff," a statement from Johnson's office said. He will begin work in Downing Street on Dec. 7 and officially take up the Chief of Staff role on Jan. 1. Rosenfield joins from Hakluyt, a strategic advisory firm for businesses and investors, where he has been global head of corporate clients and head of the UK business since 2016, the government said.
Persons: Boris Johnson, Dan Rosenfield, Johnson, Dominic Cummings, Cummings, Rosenfield, Hakluyt, Alistair Darling, George Osborne Organizations: British, Bank of America Locations: Downing
Tech giants like Google, IBM, and Tencent have put the US and China at the forefront of an intensifying AI arms race. Europe has lagged behind on commercial uptake, but experts say startups on the bloc can upend the fight between the US and China. Many fear whichever nation advances fastest in AI will have in-built advantages in military, finance, tech, commerce, and other systems. Europe may build its own global AI leaders by protecting key firmsA Graphcore server. The sale of UK AI research company DeepMind to Google in 2014 is another area of regret.
Persons: Anders Borg, decacorns, Ma Huateng, Cambricon, Peter Thiel, Amelia, Matt Clifford, Graphcore, Clifford, Dominic Cummings, Boris Johnson, Jean, Philippe Vergne, Vishal Chatrath, Dr Alex Young Organizations: Tech, Google, IBM, Business, 2nd Digital China, Fuzhou Strait International Conference & Exhibition Center, Visual China, Getty Images, China, Getty, Facebook, Baidu, Trump, New York Times, Center for Data Innovation, EU, Digital Services, European AI Alliance, European Network, ARM, British, UCL School of Management Locations: China, Europe, Swedish, US, Fuzhou Strait, Fuzhou, Fujian Province, Alibaba, Cambridge, Barcelona, Berlin
UK's Johnson sought to tone down bullying report on minister, reports say
  + stars: | 2020-11-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.83   time to read: +1 min
REUTERS/Henry Nicholls/File PhotoLONDON (Reuters) - British Prime Minister Boris Johnson sought to tone down an independent report that found one of his most senior ministers had bullied staff, two media reports said on Saturday. The author of the report, the government’s ethics adviser Alex Allan, resigned. On Saturday, the Times newspaper and the BBC said Johnson had tried and failed to convince Allan to tone down his findings, particularly the assertion that Patel’s behaviour amounted to bullying. “He spoke to Alex and asked him if he’d change the tone of it. “As you would expect, the prime minister spoke to Sir Alex Allan to further his understanding of the issues.
Persons: Priti Patel, Henry Nicholls, Boris Johnson, Johnson, Alex Allan, Allan, , Alex, Sir Alex Allan, ” Patel, Dominic Cummings, Downing Organizations: REUTERS, British, Times, BBC
“The prime minister has full confidence in the home secretary and considers this matter now closed,” the statement said. RIGHT TO RESIGNImmediately after Johnson cleared Patel, Allan quit and opponents accused the prime minister of giving the green light to bullying. “I recognise that it is for the prime minister to make a judgment on whether actions by a minister amount to a breach of the Ministerial Code,” Allan said. I would like to thank the Prime Minister for his support. “Yet again, the prime minister has been found wanting when his leadership has been tested,” Starmer said in a statement.
Persons: Boris Johnson, Priti Patel, Toby Melville, Alex Allan, Patel, Allan, Johnson, Philip Rutnam, ” Rutnam, Dominic Cummings, Downing, , ” Allan, , ” Patel, Keir Starmer, ” Starmer Organizations: British, REUTERS, Conservative Party, Labour Party Locations: Downing, London, Britain
PM Johnson backs minister over bullying report but adviser quits
  + stars: | 2020-11-20 | by ( Michael Holden | ) www.reuters.com + 0.00   time to read: +4 min
“The prime minister has full confidence in the home secretary and considers this matter now closed,” the statement said. RIGHT TO RESIGNImmediately after Johnson cleared Patel, Allan quit and opponents accused the prime minister of giving the green light to bullying. “I recognise that it is for the prime minister to make a judgment on whether actions by a minister amount to a breach of the Ministerial Code,” Allan said. I would like to thank the Prime Minister for his support. “Yet again, the prime minister has been found wanting when his leadership has been tested,” Starmer said in a statement.
Persons: Boris Johnson, Priti Patel, Peter Nicholls Johnson’s, Alex Allan, Patel, Allan, Johnson, Dominic Cummings, Downing, , ” Allan, , Cummings, ” Patel, Keir Starmer, ” Starmer Organizations: British, REUTERS, Conservative Party, Labour Party Locations: Reading, Britain
The Prime Minister's standards advisor has resigned after Boris Johnson overruled him and refused to sack Home Secretary Priti Patel after a damning report found that she had been guilty of bullying staff. Johnson has refused to sack Patel, despite the foreword to the ministerial code, signed off by Johnson last year, stating that 'there must be no bullying and no harassment.' However, a spokesperson for the prime minister said that while the prime minister "loathes" bullying he considered Patel's apology to be "full and frank" and that the matter should end there. Prime Minister Boris Johnson's spokesperson on Friday said Patel would not be sacked because she had apologised. The Prime Minister did come to a different view, having weighed up all the different factors."
Persons: Boris Johnson, Priti Patel, Johnson, Patel, Sir Alex Allan, , Allan, Dominic Cummings, Carrie Symonds, Boris Johnson's, Sir Alex Allen, doesn't Organizations: Home Office, Times, BBC, Home, Downing Locations: Downing
Skype co-founder reveals he's invested over $130 million into tech start-ups
  + stars: | 2020-11-20 | by ( Sam Shead | ) www.cnbc.com sentiment -0.97   time to read: +1 min
LONDON — Jaan Tallinn, an Estonian computer programmer who helped to set up Skype, says he has now ploughed around £100 million ($132 million) of his personal wealth into start-ups around the world since he started investing in tech. Speaking to CNBC Wednesday, Tallinn said he's backed somewhere between 100 and 200 companies, adding that around 100 of them are still "alive and kicking" today. Through his various investment firms (the main one being Metaplanet Holdings), Tallinn's currently investing in roughly one new company a month with anywhere from $500,000 to several million dollars. He profited from an early bet on London AI start-up DeepMind, which Google acquired for $600 million in 2014. One of Tallinn's more controversial start-up bets is a cryptocurrency investment of around $1 million into Faculty.ai, a London firm that builds AI software for companies and governments worldwide.
Persons: he's, Tallinn's, Elon Musk, Peter Thiel, Dominic Cummings, Boris Johnson's Organizations: — Jaan, CNBC Wednesday, Metaplanet Holdings, London, Google, Humanity Institute, Cambridge's Center, Faculty, European Union, The Guardian, British, Home Office Locations: — Jaan Tallinn, Estonian, Tallinn, London
ET Covid-19 Live Updates: Republican Governors Reverse Course and Issue Mask Mandates Iowa will require residents to wear masks indoors starting Tuesday, as leaders who had resisted limits are confronted by a growing number of coronavirus cases. — Jill Cowan andAdvertisement Continue reading the main storyWhat you need to know about Moderna’s coronavirus vaccine. Credit... Moderna Inc, via Reuters On Monday, the Massachusetts-based company Moderna reported promising preliminary results from its coronavirus vaccine trial. The soonest that coronavirus vaccines could possibly become widely available would be in the spring. —Republican senator will participate in a vaccine trial to help increase public trust.
Persons: Jim Wilson, Trump, Gavin Newsom, Newsom, — Jill Cowan, Moderna, ” Natalie Dean, Rob Portman, Olivier Douliery, Johnson, Mr, Portman, Kamala Harris, Trump’s, , Justin Trudeau, Prince Charles, Klaus Schwab, Trudeau, conspiracists, Joseph R, Biden, , Paul Joseph Watson, Steven Crowder, Joan Donovan, , Ms, Donovan, Twitter, Wu Yilu, — Sui, Lee Wee, Mohammad Ponir Hossain, Cross, Jair, caseload, Eraldo Peres, Jair Bolsonaro, Bolsonaro, Brazil’s caseload, Bolsonaro’s, Bolsonaro —, Brazil —, Boris Johnson, Tolga Akmen, Dominic Cummings, Lee Anderson, Mark Landler, Mauricio Lima, Maggie De Block, Philippe Hensmans, Hensmans, Sergey Ponomarev, Joe Savikataaq Organizations: ., New York Times, Philadelphia, Gov, San Francisco Chronicle, Moderna Inc, Reuters, Moderna, Pfizer, BioNTech, Food and Drug Administration, Centers for Disease Control, University of Florida, Republican, Johnson, Consulting Services, United Nations General Assembly, Associated, Economic, United, Facebook, Twitter, Harvard University’s Shorenstein, Biotech, Agence France, The New York Times, International Federation of Red, Red Crescent Societies, Hurricane Iota, Hurricane, Associated Press, Mr, Conservative, Downing, Amnesty International, Credit, Belgian, Amnesty Locations: Iowa, California, San Francisco, United States, Chicago, In California, Imperial County, Napa Valley, Moderna, Massachusetts, Ohio, Washington, Cincinnati, Canada, United Nations, U.S, China, Zhejiang Province, Yiwu, Beijing, Munshiganj district, Dhaka, Bangladesh, Kenya, Somalia, India, Philippines, Southeast Asia, Nicaragua, Brazil, Hague, South Australia, Adelaide, Belgium, Covid, Brussels, The New York Times Belgian, Amnesty International Belgium, Europe, , Nunavut, Cape Dorset, Winnipeg , Manitoba
Dollar loses ground, pound gains as traders eye Brexit talks
  + stars: | 2020-11-16 | by ( ) www.cnbc.com + 0.00   time to read: +4 min
The British pound edged higher against the dollar, changing hands at 1.3226 per dollar, and against the common currency as well, and last stood at 89.61 pence per euro. The yen edged higher at 104.49 per dollar, having posted its worst weekly performance since early June last week. The dollar could strengthen against the yen if U.S. bonds and stocks maintain their upward moment, he added. Australian dollar traders awaited upcoming events by the Reserve Bank of Australia, with Governor Philip Lowe scheduled to speak later in the day, while the central bank's November meeting minutes are due on Tuesday. The Chinese yuan firmed following the upbeat economic data, rising to 6.5818 per dollar, hitting its one-week high.
Persons: Dominic Cummings, Boris Johnson, David Frost, Sumino Kamei, Masafumi Yamamoto, Donald Trump, Joe Biden's, Joe Biden, Yamamoto, Biden, Philip Lowe Organizations: European Union, EU, MUFG Bank, Global, Mizuho Securities, U.S, Trump, Sunday, Reserve Bank of Australia, Economic Locations: Britain, U.S, China, Asia, Pacific, Japan
UK's Boris Johnson self-isolating as Brexit talks drag on and policy shift begins
  + stars: | 2020-11-16 | by ( Silvia Amaro | ) www.cnbc.com sentiment -1.00   time to read: +2 min
LONDON, ENGLAND - Prime Minister Boris Johnson speaks during a virtual briefing. Johnson, who was severely-ill with Covid-19 back in April, announced on Sunday that he was self-isolating at his official residency. Boris Johnson U.K. Prime MinisterThe timing of the self-isolation is difficult, however, as he is due to reveal a host of new policies this week. The prime minister was due to attend a key parliamentary session on Wednesday, but this may now happen via a virtual call. Brexit pressureJohnson is also under pressure over Brexit as talks with the European Union drag on.
Persons: Boris Johnson, Johnson, Dominic Cummings, Johnson's, Lee Cain, Cummings, Mujtaba Rahman, CNBC's Organizations: Getty, Twitter, Communications, European Union, EU, Eurasia Group Locations: ENGLAND, Brussels
Breakingviews - Britain’s Brexit dilemma outlasts its architect
  + stars: | 2020-11-13 | by ( Peter Thal Larsen | ) www.reuters.com sentiment -1.00   time to read: +2 min
Dominic Cummings, special advisor for Britain's Prime Minister Boris Johnson leaves 10 Downing Street, in London, Britain, November 13, 2020. LONDON (Reuters Breakingviews) - Britain’s dilemma over Brexit will outlast its architect’s grip on power. Joe Biden’s election as U.S. president makes the prospect of exiting the EU without a trade deal look even more foolish than before. The coronavirus pandemic has left Britain even more exposed to the economic shock of Brexit without a trade deal. The prime minister has few clear policy priorities beyond his pledge to “Get Brexit Done”.
Persons: Dominic Cummings, Boris Johnson, Boris Johnson’s, Joe Biden’s, Cummings, Johnson, Donald Trump, president’s, Brexit Organizations: Britain's, LONDON, Reuters, European Union, EU, U.S, Biden, America Locations: London, Britain, United States, United Kingdom
Dominic Cummings, special advisor for Britain's Prime Minister Boris Johnson, arrives at Downing Street, in London, Britain, November 12, 2020. The BBC cited an unidentified senior Downing Street source as saying that Cummings would be “out of government” by Christmas. Another unidentified source told the BBC that Cummings “jumped because otherwise he would be pushed soon”. Cummings told the BBC that “rumours of me threatening to resign are invented, rumours of me asking others to resign are invented”. Cain, another Brexit supporter, was a close ally of Cummings and worked with him at the Vote Leave campaign.
Persons: Dominic Cummings, Boris Johnson’s, Boris Johnson, John Sibley Cummings, Grant Shapps, Sky, Cummings, he’d, ” Shapps, Johnson’s, Brexiteer, Johnson, Cummings “, , Shapps, Downing, Lee Cain, Cain Organizations: British, Britain's, REUTERS, BBC, Transport, European Union, Locations: London, Britain
UK PM Johnson's senior adviser Cummings expected to resign by year-end: BBC
  + stars: | 2020-11-13 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +1 min
Dominic Cummings, special advisor for Britain's Prime Minister Boris Johnson, arrives at Downing Street, in London, Britain, November 12, 2020. REUTERS/John Sibley(Reuters) - British Prime Minister Boris Johnson’s top adviser, Dominic Cummings, is expected to leave his position by year-end, the BBC reported late on Thursday. Cummings also told her that "rumours of me threatening to resign are invented, rumours of me asking others to resign are invented", Kuenssberg said in a series of tweets bit.ly/3po04ud. The BBC report bbc.in/32FQ7yz added that a senior Downing Street source said Cummings would be "out of government" by Christmas. Cain’s departure suggested tension at the heart of government as the UK prepares to complete its Brexit journey out of the European Union.
Persons: Dominic Cummings, Boris Johnson, John Sibley, Boris Johnson’s, Cummings, Lee Cain, Laura Kuenssberg, “ hasn’t, Kuenssberg, Cain, Cain’s Organizations: Britain's, REUTERS, Reuters, British, BBC, Downing, European Union Locations: London, Britain, Downing
UK PM Johnson's Brexit 'brain' Cummings to resign by year end
  + stars: | 2020-11-13 | by ( ) www.cnbc.com + 0.00   time to read: +2 min
Dominic Cummings, one of British Prime Minister Boris Johnson's most powerful advisers, will leave his position at the heart of Downing Street when Brexit is done at year-end, after an internal battle over who should be Johnson's chief of staff. The BBC cited an unidentified senior Downing Street source as saying that Cummings would be "out of government" by Christmas. Another unidentified source told the BBC that Cummings "jumped because otherwise he would be pushed soon". Cummings told the BBC that "rumors of me threatening to resign are invented, rumors of me asking others to resign are invented". Cain, another Brexit supporter, was a close ally of Cummings and worked with him at the Vote Leave campaign.
Persons: Dominic Cummings, Boris Johnson, Boris Johnson's, Cummings, Grant Shapps, Sky, he'd, Shapps, Johnson's, Brexiteer, Johnson, Downing, Lee Cain, Cain Organizations: Britain's, Downing, British, BBC, Transport, European Union Locations: London, Britain
Also, more than a week after the election, the vote in Arizona was called in favor of Mr. Biden, further padding his Electoral College margin over Mr. Trump. By midmorning, the Stoxx Europe 600 was 0.2 percent higher and the DAX index in Germany had gained 0.4 percent. Stocks were mostly higher on Friday, and Wall Street was poised to rise when trading begins. Jerome H. Powell, the chair of the Federal Reseve, said it was too soon to measure the impact of promising news about coronavirus vaccine on the economy. At the Crooked Well, a good week in December would bring in double the best week in the summer.
Persons: Wall, Dominic Cummings, Boris Johnson’s, it’s, Mr, Powell, — Jerome H, Christine Lagarde, European Central Bank —, Biden, Trump, President Trump, , DAX, Stocks, Joseph R, Jerome H, Ben Quinton, Hector Skinner, Boris Johnson, , Emma McClarkin Organizations: Pfizer, BioNTech, Republicans, Federal Reserve, European Central Bank, Mr, Trump . China, U.S, House, West Texas Intermediate, Treasury, Wall, Investors, The New York Times, , British Beer and Pub Association Locations: Washington, Arizona, Trump ., Beijing, Europe, Germany, London, England, British
PM Johnson aide Cummings will continue to work until mid-December
  + stars: | 2020-11-13 | by ( ) www.cnbc.com sentiment -0.98   time to read: 1 min
Prime Minister Boris Johnson's top adviser Dominic Cummings will continue to work until mid-December, and another senior aide will serve as temporary chief of staff, Johnson's office said on Friday. Cummings had earlier been pictured walking out of Johnson's Downing Street office with a box in his arms, and several local outlets had reported he had quit his post with immediate effect. Director of Communications Lee Cain would also stay in post until mid December. "The Prime Minister has today asked Sir Edward Lister to take on the role of chief of staff for an interim period pending a permanent appointment to the post," A Downing Street spokesman said.
Persons: Boris Johnson's, Dominic Cummings, Cummings, Johnson's, Communications Lee Cain, Sir Edward Lister Organizations: Communications
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