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☆ UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners
▼ + stars: | 2024-08-02 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Homeowners on tracker mortgages, which follow the Bank's base rate, will be the first to benefit from the savings. Barclays , Santander, Metro Bank, Lloyds , Halifax, Nationwide and HSBC all cut repayments costs by 25 basis points shortly after the BOE's announcement. Those on standard variable rates, which typically take effect once a borrower's tracker or fixed rate deal ends, will also see savings. Given their more volatile nature, tracker and SVR mortgages remain a relatively niche part of the U.K. mortgage market. However, analysts suggest it may not be long until reductions feed through to the 6.93 million households on fixed rate mortgages.

Organizations: Bank of England, HSBC, Santander, Nationwide, Homeowners, Barclays, Metro Bank, Lloyds, Finance Locations: London's Muswell Hill, London, Halifax, Santander

☆ Elon Musk sued by ex-CNN anchor Don Lemon over canceled X deal
▼ + stars: | 2024-08-01 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Lemon had "incurred hundreds of thousands of dollars in expenses" in preparing for the show, the lawsuit alleges. Former CNN anchor Don Lemon sued Elon Musk on Thursday, accusing him of making false promises to entice the journalist into a canceled deal to host a show on the billionaire's social media platform. Lemon accuses Musk and X of fraud, negligent misrepresentation, misappropriation of name and likeness, breach of contract, and unjust enrichment. "You're set up for a lot of $$ this year," Weitz allegedly told Lemon in a Dec. 30, 2023, text. "To this day, Defendants have not compensated Lemon pursuant to the exclusive partnership deal that Defendants induced Lemon to enter into," the lawsuit says.

Persons: Musk, Lemon, Don Lemon, Elon Musk, Carney Shegerian, Shegerian, who's, Nikki Haley, Linda Yaccarino, Brett Weitz, " Weitz, Weitz Organizations: CNN, Twitter, CES, SpaceX Locations: San Francisco, New York City, Las Vegas, Lemon

☆ London's hedge fund rich are looking to avoid new taxes by relocating to Milan and Dubai. People who have made the move tell us what it's like.
▼ + stars: | 2024-07-31 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +9 min

AdvertisementSeveral cities have been trying to take advantage of the new policy, including Dubai, Milan, and more. A recently relocated hedge fund manager in Milan is planning to visit London or New York six or seven times a year going forward. "The best type of knowledge comes from people, from frequent interaction with people," said a Milan-based hedge fund manager. Several people — based in spots such as Dubai, Milan, and Zurich — mentioned that people early in their careers should still prioritize working in the biggest cities though. Moving to the Middle East just to interact with fellow UK ex-pats doesn't add much diversification to a portfolio manager's life.

Persons: —, Julian Robertson, Muyshondt, Elena Partners, Steve Cohen's Point72, Sebastian Dickgiesser, Girish Chouhan, aren't, COVID, I'm, Alfonso Peccatiello, he's, Darren Wolf, abrdn, It's, Wolf, Zoom Organizations: Service, Tyrian Investments, Business, Labour, Henley & Partners, United Arab, Eisler Capital, Capstone Investment Advisors, Getty, London, Investors, —, pats Locations: New York, Cascais, Portugal, Lisbon, London, Florida, Hong Kong, Dubai, Milan, China, United Arab Emirates, Italy, Point72, Girish Chouhan Dubai, Abu Dhabi, India, East, Europe, Madrid, Zurich, Amsterdam, Netherlands, Brera, —, Milan's Brera, UAE

☆ Meet the mastermind behind 'Mamma Mia!' — the musical that's been playing in London for 25 years
▼ + stars: | 2024-07-28 | by ( Chris Johnston | ) www.businessinsider.com time to read: +9 min

"Mamma Mia!" AdvertisementBjorn Ulvaeus and Benny Andersson at the London premiere of "Mamma Mia! "Mamma Mia!" Dave M. Benett/Getty ImagesThe film's huge success meant a sequel was always on the cards — and "Mamma Mia! musical, Craymer had a stint as chair of Universal Music that spanned its stock market debut in September 2021.

Persons: —, Meryl Streep, Pierce Brosnan, Colin Firth, Judy Craymer, Mia, Craymer, Benny Andersson, Björn Ulvaeus, Abba, Tim Rice, Cramer didn't, Bjorn Ulvaeus, Wiktor Szymanowicz, Catherine Johnson, Phyllida Lloyd, Johnson, Lloyd, Andersson, Ulvaeus, I'm, — I'm, they're, Streep, Donna, Bertolt Brecht's, Courage, Ashley Lilley, Amanda Seyfried, Stellan Skarsgård, Julie Walters, Dominic Cooper, Dave M, Cher, Mamma Mia, Meryl, Pierce, Cameron Mackintosh, Andrew Lloyd Webber, Bruce Milton Miller, Richard East, Taylor Swift, Lucian Grainge, Michael Buckner Organizations: Service, Business, London, Cher, London's Guildhall School of Drama, Fairfax Media, Universal, Variety Locations: London, Swedish, New York, Cannes, North America, Sweden

☆ A Californian details the pros of living in England and how the culture compares to the US
▼ + stars: | 2024-07-23 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

The pros and cons of living in EnglandAs someone who loves being outdoors, Andrea finds the English countryside beautiful. "It's something that I feel like you don't really get in America because it's so classically England. "I think you don't really get to see that much in two weeks," she said. "You don't get to experience that much, and you don't really know what it's like to live there. Advertisement"I feel like that's something that's not really talked about very often when you're moving to a different country," she said.

Persons: Andrea, Zoe Sugg, Alfie Deyes, It's, London, she's, it's, that's Organizations: Service, Business, University of Leicester, US, Valentine's Locations: California, England, Southern California, LA, London, Instagram, America, mhoff@businessinsider.com

☆ What to know if you’re traveling this weekend amid the global tech outage
▼ + stars: | 2024-07-19 | by ( Cnn Staff | ) edition.cnn.com time to read: +10 min

Here’s what to know if you’re planning to travel this weekend. David J. Phillip/APUS-based carriers American Airlines, United Airlines, Delta Air Lines, Allegiant Airlines, SunCountry and Frontier Airlines all reported issues on Friday. Crews have limits on their working hours, so staffing challenges cascade along with flight delays. That all depends on the type of ticket you have, the airline you’re flying with and whether you have travel insurance (which is always a good idea). If you’re set to travel soon, wherever you are in the world, it’s worth double checking your individual journey status before you travel.

Persons: What’s, It’s, CrowdStrike, David J, Phillip, Cirium, it’s, William Sikora III, you’re, ” Lousson Smith, Aaron Chown, Trenitalia Organizations: CNN, Microsoft, United Airlines, American Airlines, Delta Air Lines, Allegiant Airlines, Frontier Airlines, Federal Aviation Administration, FAA, Ryanair, Air, Turkish Airlines, KLM Royal Dutch Airlines, AirAsia, Dubai, Philadelphia International, Berlin, Amsterdam’s, Edinburgh Airport, CNN Travel, EU, Insurance, Airlines, British Airways, National Rail, Washington , D.C, Washington Metropolitan Area Transit Authority, Metropolitan Transportation Authority, MTA Locations: Air France, Europe, ” Spain’s, Madrid, Barcelona, Delta, –, London's Victoria, London, Italy, Washington ,, New York

☆ A 60-year-old CEO says she lowered her biological age to 35 with 4 simple changes
▼ + stars: | 2024-07-18 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +9 min

I reduced my 'biological age' by 10 years — here's what that meansWoods and her husband hiking in Patagonia. AdvertisementIt drives me crazy when people wear these kinds of one-off "biological age" stats like some sort of badge of honor. Regular checkups, blood tests, and scans at the doctor are one thing, but I wouldn't pay 300 pounds just to brag about a biological age result. HRT: One of the most pharmacological ways I've changed my biological age since I started this journey is hormone replacement therapy for menopause. I'm now convinced that hope and happiness will outdo any pill when it comes to improving biological aging.

Persons: Tina Woods, It's, I've, Tina, Zumba, it's, I'm, Nir Barzilai, Woods, I'd, Yuk, — Organizations: Service, Business, Health, Apple, HRT Locations: London, Patagonia, Poland, New York, London's

☆ Labour's gains in London have private equity looking to exit — the country
▼ + stars: | 2024-07-17 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +5 min

Some of the proposals squarely take aim at the country's private equity sector, which, despite Britain's exit from the European Union, has maintained its stature as the regional hub for deal-making. "Private equity is the only industry where performance-related pay is treated as capital gains," the manifesto says. In practice, that would mean taxing carried interest, or the profits paid to private equity and hedge fund managers, as income. Labour's ascent comes at a precarious time for the private equity sector more broadly. "London has been the pulpit for financial services, private equity and investors in Europe for a long time," said Mark Veldon, a private equity partner at financial advisory and global consulting firm AlixPartners.

Persons: Big Ben, Keir Starmer, Lars Faeste, Faeste, Starmer, Marco Cerrato, he's, Giorgia Meloni, Cerrato, Steve Cohen's, Milan, Mark Veldon Organizations: Westminster, Nurphoto, Getty, Labour Party, Labour, Channel, European Union, Consulting's EMEA, CNBC, Capstone Investment, Management, Eisler, London, Labour Government Locations: London, Europe, Spain, Italy, Milan

☆ The marks of the failed Donald Trump assassination attempt are already all over the markets
▼ + stars: | 2024-07-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The failed assassination attempt on Donald Trump is likely to be on investors' minds this week. Bitcoin surged on haven trade following the event, while the dollar also rose as the "Trump trade" returned. AdvertisementThe failed assassination attempt on former President Donald Trump is expected to dominate markets this week as investors focus on the so-called "Trump trade." Even before the weekend events, economists and analysts were already debating what a Trump presidency would mean for the markets. "Judging by historical parallels, this event will galvanize the Trump vote, meaning the markets will gradually price in the so-called 'Trump trade,'" wrote Rodda.

Persons: Donald Trump, Bitcoin, Trump, —, Kyle Rodda, TMTG, Hong, Rong Organizations: Trump, Service, Investors Locations: United States, Tokyo, Paris, Frankfurt

☆ Wimbledon final analysis: Carlos Alcaraz beats Novak Djokovic for second Wimbledon title
▼ + stars: | 2024-07-14 | by ( Matthew Futterman | Charlie Eccleshare | ) www.nytimes.com time to read: +17 min

Follow live coverage of the 2024 Wimbledon men’s final and mixed doubles final hereWIMBLEDON — Carlos Alcaraz beat Novak Djokovic in the Wimbledon final at the All England Club 6-2, 6-2, 7-6 on Sunday. That’s any match, against any ailing opponent — let alone a Wimbledon final against a 24-time Grand Slam champion. By the time he had raised his level to where it needed to be to hang with Alcaraz, Djokovic was down two sets. In Sunday’s final, Wimbledon got a glimpse of how irresistible he is when this area of his game clicks. As they were watching my final, I have to watch their final and support them.”What did Novak Djokovic say after the final?

Persons: Carlos Alcaraz, Novak Djokovic, Djokovic’s, Roger Federer, Rafael Nadal, Bjorn Borg, Rod Laver, Alexander Zverev, Roland Garros, Andy Murray, Charlie Eccleshare, Matt Futterman, Djokovic, Alcaraz, Djokovic didn’t, Clive Brunskill, It’s, —, John Walton, Alex de Minaur, Doctors, Novak, Frances Tiafoe, Daniil Medvedev, Alexei Popyrin, Holger Rune, De Minaur, Arthur Fils, Lorenzo Musetti, Carlos, it’s, ” Alexander Zverev, Henry Nicholls, bamboozled Djokovic, volleyed, Max Purcell, Jordan Thompson, ”, “, I’m, “ I’ve, Daniil, Medvedev, I’ve, …, Alcaraz “ Organizations: Wimbledon, WIMBLEDON, All England, Djokovic, Alcaraz, Court, Getty, England, “ Locations: Wimbledon, Spain

☆ UK launches new rules for listings in bid to boost growth for London's stock exchange
▼ + stars: | 2024-07-11 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The U.K.'s Financial Conduct Authority announced Thursday new rules for the country's stock market listings in a bid to boost growth following a slow down in IPOs. "They aim to support a wider range of companies to issue their shares on a UK exchange, increasing opportunities for investors," the regulator added. One key change is the removal of the 'premium' and 'standard' listing segments. Shareholder approval for key events, like reverse takeovers and decisions to take the company's shares off an exchange, is still required," the FCA said. Some rules around eligibility for listings will also change, such as the removal of a requirement for companies to provide track records of their revenue.

Organizations: Bank of England Locations: London, IPOs

☆ Cypress Hill are playing a gig with the London Symphony Orchestra — all because of a 28-year-old joke from 'The Simpsons'
▼ + stars: | 2024-07-10 | by ( Paige Bruton | ) www.businessinsider.com time to read: +1 min

Cypress Hill and the London Symphony Orchestra will perform "Black Sunday" at the Royal Albert Hall. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's taken almost three decades, but Cypress Hill and the London Symphony Orchestra will take to the stage on Wednesday for an orchestral rendition of the "Black Sunday" album, which features the hits "Insane in the Brain" and "I Wanna Get High." The one-off gig at London's Royal Albert Hall was sparked by a joke in a 1996 episode of "The Simpsons" titled "Homerpalooza." In the episode, Cypress Hill mistakenly booked the LSO for a performance, "possibly whilst high."

Persons: —, London's Royal Albert Hall Organizations: London Symphony Orchestra, Royal Albert Hall, Service, London's Royal, Cypress Hill, Business Locations: Cypress Hill, Cypress

☆ I chose a smaller city over London when I moved to the UK. Here's why it was the right decision.
▼ + stars: | 2024-07-09 | by ( Tanushree Srivastava | ) www.businessinsider.com time to read: +7 min

Read previewI moved to Nottingham in 2021 from India to pursue my master's degree at Nottingham Trent University. Tanushree Srivastava/BIBeginning life in the UKI arrived in the UK for the first time in 2021 as an international student. I had pre-booked a studio apartment in Nottingham city center with my friend, another international student at Nottingham Trent University. Even universities like Nottingham Trent and the University of Nottingham have huge gardens and greenery for students. One of the best parts of living in Nottingham was the commitment to its status as a "student city."

Persons: —, I'd, Tanushree Srivastava, Srivastava, White Rose, Nero, Nottingham Organizations: Service, Nottingham Trent University, Business, Nottingham Trent, University of Nottingham, Nottingham canalside, Nottingham, Nottingham Bowl, BI Nottingham Locations: Nottingham, India, London, City, England, Trent, British, Rock City

☆ Emma Navarro: After stunning Coco Gauff at Wimbledon, the US has a new tennis star
▼ + stars: | 2024-07-08 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —The US already boasts a promising roster of young tennis stars but there is a new name on the scene. Emma Navarro is quickly establishing herself as a force to be reckoned with on the senior tour, with the 23-year-old reaching the quarterfinals at this year’s Wimbledon. I can’t wait to play again.”Navarro’s form at this year’s Wimbledon follows what has already been an impressive season for the youngster. The American reached the third round of the Australian Open earlier this year, before progressing to the fourth round at the French Open. In an interview with the Tennis Channel earlier this season, Navarro credited her calm demeanour and mindset to her dad.

Persons: Emma Navarro, Navarro, Coco Gauff, ” Navarro, “, ”, Robert Prange, Jessica Pegula, Ben Navarro, “ He’s, he’s, Italian Jasmine Paolini Organizations: CNN, Court, Gauff, Wimbledon, American, WTA, Hobart International, Virginia, US, Sherman Financial Group, Forbes, Cincinnati, Tennis Locations: Italian

☆ Wimbledon day 8: Will Rybakina break cycle? Did we see the most chaotic match-up?
▼ + stars: | 2024-07-08 | by ( Charlie Eccleshare | Matthew Futterman | ) www.nytimes.com time to read: +20 min

Follow live coverage of Wimbledon 2024Welcome to the Wimbledon briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. On day eight of Wimbledon 2024, Elena Rybakina stepped up to her new billing, the ATP made a germy decision, and there was chaos on Court One. Elena Rybakina is one of three players left in the women’s field who has won a Grand Slam title before. Rybakina plays with a big serve and with flat power that keeps her ball low. More importantly, do we too often discount the data point of winning a tournament on grass the week before Wimbledon?

Persons: Elena Rybakina, Rybakina, Julian Finney, ”, Anna Kalinskaya, “, Elina Svitolina, She’s, Jelena Ostapenko, Barbora, Krejcikova, It’s, “ it’s, ” Matt Futterman, Yulia Putintseva, Ostapenko, Putintseva’s, Putintseva, 😂😂, ould, Fritz, ryo, aylor Fritz, Finney, Getty, bea, Rafael Nadal,, ” “Th, is ano, bec, hird, D., 🇪, 🇦 L., 🇸 A., Alves (Q, 🇹, B., Marte, J, Choi, 🇵, Nishiok, Goff, iva, J., 🇸 R., 🇷 L., 🇸 J., rin, Safi, T omlj, R, 🇸 R. M, Gade, 🇧 H., Tom o, 🇸 M., Zhan, 🇸, 🇳, Wang, 🇧, 🇦 28 D. Y, Bouzas, Su, D. Y, 🇷, ina, vito Organizations: Wimbledon, ATP, All England, Getty, WTA Tour, rte, acc, 🇨🇱, 🇬, 🇷, avon, 🇸, ritz, 🇺, ub, 🇧, (Q), 🇴 I. Begu, 🇴, Collins, Saville, Keys, uc Locations: Wimbledon, Ukraine, French

☆ How a New York short-seller took on one of the world's richest people, wiped out $150 billion in market value, and barely made any money
▼ + stars: | 2024-07-06 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +10 min

Read previewNate Anderson, the chief mind behind activist short-seller Hindenburg Research, has had an eventful past 18 months. AdvertisementDetailed below is the considerable back-and-forth that's taken place since Hindenburg's initial shot across the bow of Adani Group. It cited "numerous examples"of those companies funneling money through private companies owned by Adani, before cash was set to Adani's listed public companies. AdvertisementThe short-seller's investigation also found Adani's private and public companies to have "numerous" undisclosed transactions with other parties, the researchers found, which violates regulatory laws in India. Conflict over Hindenburg's short-selling arrangementIndian regulators have raised specific questions about the structure of Hindenburg's short bet on Adani Group.

Persons: —, Nate Anderson, Gautam Adani, Hindenburg, it's, Anderson, Gautam, Hindenburg's, Adani, SEC —, Kingdon, who's, he's, Nikola, Carl Icahn Organizations: Service, Hindenburg, Business, Group, Adani, Adani Group, Hindenburg Research, The Securities, Exchange Board, SEC, Kingdon Capital Management, Regulators, Lordstown Motors, Icahn Enterprises, New York Times, Times, charlatans Locations: India, Manhattan, Adani, New York

☆ What are the best galleries in London? Artists choose their favorites
▼ + stars: | 2024-07-03 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +6 min

Royal Academy of Arts, London / David ParryLondon has long been home to some of the world's leading art galleries — Tate Modern, Somerset House and the National Gallery are among the U.K.'s most visited attractions. CNBC asked a mix of artists to name their favorite public and commercial galleries to visit in London — large or small. Contemporary galleries — and an upscale hotelMultidisciplinary artist Lauren Baker, who is exhibiting at the Venice Biennale until November, named contemporary galleries — and a hotel — as her favorite places to see art in London. Her top London galleries include the Royal Academy of Arts, for its "wonderful" exhibitions, she told CNBC by email. Rob Stothard | Getty ImagesEdwards also likes major London galleries Tate Modern and Tate Britain.

Persons: David Parry London, Lauren Baker, Alice, It's, Rachael Louise Bailey, Matthew Harris, Baker, Woolff, Apolline Bokkerink, Joanne Tinker, Jeff Greenberg, Matthew Flower, Amanda Wilkinson —, Maureen Paley, Gillian Wearing, Wolfgang Tillmans, Ratnam, Katharine Edwards, Mark Rothko's, Rothko, Rob Stothard, Edwards, Mark Rothko, Komal Madar, Kandinsky, Munter, Komal, Madar, Judy Chicago's, Modigliani, Gilbert Proesch, George Passmore, Gilbert, Joe Maher, Tom Oldham, Dave Grohl, Usain Bolt, Gilbert Prousch, Oldham, Queen Elizabeth II, Andy Warhol, Phillips, Dan Kitwood Organizations: Royal Academy of Arts, Royal Academy of Arts ,, Somerset House, CNBC, Venice Biennale, Alice Black Gallery, Universal, Getty, Turner, Tate Galleries, Cricket Fine, London's Tate, Tate, Tate Britain, Seagram, Gilbert & George Centre, Oldham, George Centre, . Locations: London, Royal Academy of Arts , London, Venice, London's Soho, Fitzrovia, Mayfair, Andalusia, Spain, London's Chelsea, New York, Serpentine, Hyde, London's Bermondsey, Islington, Soho, England

☆ Uncover Essex's hidden gems with Wow Hydrate's Queenie Porter
▼ + stars: | 2024-07-02 | by ( ) www.cnbc.com time to read: +1 min

Just outside London's borders lies an English county filled with city amenities and laidback village vibes. Essex, which sits in the southeast of England along the North Sea, is the lifelong home of Queenie Porter, managing director of sports drink company Wow Hydrate. The company, which has partnered with high-profile sports names like Manchester United and Tyson Fury, is also headquartered in the county. "You have the best of everything," said Porter in an episode of CNBC's new travel series, Downtime London. When Porter isn't busy juggling running a business with several board roles, she likes to spend her downtime around Essex.

Persons: Queenie Porter, Tyson Fury, Porter, Porter isn't, Medispa Organizations: Manchester United, Essex Fight Academy Locations: London's, England, London, Chelmsford, Brentwood, Essex

☆ A phobia specialist shares his 3 top tips to overcome any fear from spiders to public speaking
▼ + stars: | 2024-07-01 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +2 min

Phobias come in many forms: Some people fear spiders while others fear flying on a plane. But the one thing they all have in common is that they're irrational, according to one phobia specialist. This trigger is handy when we were fighting saber-toothed tigers or if we were in actual danger, Jones said. "Human beings do the same thing," Jones explained. He shared his three top tips to overcome any fear with CNBC Make It.

Persons: Christopher Paul Jones, Jones, Ivan Pavlov Organizations: CNBC Locations: London, Russian

We have great news, too, we can help show you how to watch a free Wimbledon live stream for every match thanks to a comprehensive set of international viewing options. These handy apps let your devices mimic a UK location so you can carry on watching Wimbledon online for free. If you're not in the UK, you can enjoy a free Wimbledon live stream, too, if you're using a VPN to simulate your viewing device being in the UK. Watch Wimbledon online. How to watch Wimbledon in the USAIf you don't already have a bunch of cable channels, the best option to watch Wimbledon for most people in the USA is ESPN+.

Persons: VPNs aren't, We'd, Button, you'll, Stan Sport, Stan, ExpressVPN, There's Organizations: Business, BBC, Wimbledon, All England Club, BBC1, BBC2, USA, ESPN, ESPN Plus, Disney, Hulu, MLB, NHL, NFL, UFC, Disney Plus, ABC, ESPN2, Tennis Locations: England, Australia, 9Now, USA

WikiLeaks founder Julian Assange on Wednesday walked free after pleading guilty in a U.S. court in the Northern Mariana Islands, a U.S. commonwealth in the Pacific, to a felony charge for publishing U.S. military secrets. As part of the plea agreement, the U.S. is bound to withdraw its extradition request and recommended a sentence to time already served, with no additional fines issued. The WikiLeaks organization posted a statement on the X social media platform saying that Assange was due to fly to his native Australia. "Regardless of the views that people have about Mr. Assange's activities, the case has dragged on for too long. There's nothing to be gained by his continues incarceration, and we want him brought home to Australia.

Persons: Julian Assange, Assange, Barry Pollack, Chelsea Manning, Mr, Pollack, Anthony Albanese, " Albanese, London's, Stella Assange Organizations: Wednesday, U.S, U.S ., WikiLeaks, Bombardier Global Locations: U.S, Northern Mariana Islands, Saipan, Australia, Bangkok

☆ Bosses are using 'silent lay-offs' and 'quiet firing' to get rid of employees. It could backfire.
▼ + stars: | 2024-06-26 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

But the latest workplace trends — "silent layoffs" and "quiet firing" — could be the most harmful to date. Silent layoffs occur when a company provides staff with severance packages but asks them to keep quiet about the details of their exit. Amit Rawal, a management lecturer at City University of London's Bayes Business School, told BI that silent layoffs have become "increasingly popular across larger corporations." Related storiesThe goal of silent layoffs is likely to minimize the amount of negative traction the company receives. Advertisement'A PR disaster waiting to happen'Experts told BI that quietly getting rid of employees could easily backfire when employees opt to fight back and speak out.

Persons: —, PwC, Mohamed Kande, Amit Rawal, Eloise Skinner, it's, Skinner, Lucas Botzen, Suzanne Horne, Paul Hasting, Evan Nierman, Banyan, Dan Buckley, Buckley, Nierman, Horne Organizations: Service, Business, Financial Times, PwC Global Network, Europa Press, City University, London's Bayes Business, National Labor Relations, CNN, National Labor Relations Board, Dell, Workers, Amazon, BBC

☆ Britain looks to upstage France with play for world's third major AI hub after U.S., China
▼ + stars: | 2024-06-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

But key challenges face the country as it looks to become the world's third-biggest AI hub. At the London Tech Week conference in the Olympia events venue earlier this month, tech executives from around the world touted London and the U.K. as a place to invest. London vs. FranceLondon is facing heated rivalry from France for the title of European AI leader. Can the UK keep its European AI crown? Seeking regulatory clarityAnother key source of uncertainty for tech leaders is the future of AI regulation in the U.K.

Persons: Mike Kemp, Alex Kendall, — Kendall, Wayve's, Brent Hoberman, Wayve, it's, Salesforce, Janet Coyle, Coyle, Arthur Mensch, Hanno Renner, that's, Europe's, CNBC's, Philip Belamant, Zilch, Matthew Holman, Cripps, Holman Organizations: Global, London Tech, Sage, Google, London, Partners, Viva Tech, Accel, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Tech, European Union Locations: London, United Kingdom, China, Olympia, SoftBank, San Francisco, Vancouver . U.S, France London, France, Brazil, Silicon, Europe, Paris, Berlin, Alpha Germany, Germany, Brexit, Britain

☆ Betting scandal inside the UK's ruling Conservative Party mars election race
▼ + stars: | 2024-06-24 | by ( April Roach | ) www.cnbc.com time to read: +2 min

LONDON — Britain's ruling Conservative party has become embroiled in a scandal concerning allegations that senior officials used inside knowledge to win bets on the date of the general election. Nick Mason, chief data officer for the Conservative Party, is the latest Tory official to be probed by the Gambling Commission, according to a report in The Sunday Times. CNBC was unable to immediately confirm this and the Conservative Party has not yet responded to a request for comment. Conservative MP for Montgomeryshire Craig Williams, who is also a close aide to the prime minister, was the first to face questions regarding a bet on the election date. The Conservative Party's campaign director Tony Lee, and his wife, Laura Saunders — the party's candidate in Bristol North West — are also being looked into by the Gambling Commission.

Persons: Rishi Sunak, Sunak, Nick Mason, Sunday Times . Mason, Montgomeryshire Craig Williams, Williams, Tony Lee, Laura Saunders —, Lee, Saunders Organizations: Conservative, Conservative Party, Tory, Gambling, Sunday Times, British, CNBC, Montgomeryshire, Bristol North, Commission, Independent, Metropolitan Police, Professional, Independent Office, Police

☆ Taylor Swift kicks off UK Eras shows as some fans wonder if singer is ready to say ‘So long, London’
▼ + stars: | 2024-06-23 | by ( ) www.cnbc.com time to read: +5 min

Taylor Swift performs on stage during "Taylor Swift | The Eras Tour" at Wembley Stadium on June 22, 2024 in London, England. Kevin Mazur | Getty Images Entertainment | Getty ImagesTaylor Swift fans enjoy parsing the singer-songwriter's lyrics for references to her romantic life and insights into her state of mind. The record's fifth track is titled "So Long, London." As Swift brings her blockbuster Eras Tour to London's Wembley Stadium this weekend, some Swifties therefore are wondering if they are witnessing the beginning of an extended goodbye. American pop singer Taylor Swift meets a fan while on stage during "Taylor Swift | The Eras Tour" at Wembley Stadium on June 22, 2024 in London, England.

Persons: Taylor Swift, Kevin Mazur, Swift, London, Prince William, Prince George, Princess Charlotte, valentine, Maggie Fekete, Frank Styles, Benjamin Cremel, Stella Elgood, Harry Styles, she's, Elgood, haven't, Styles, Travis Kelce, Joe Alwyn, Alwyn, ELLE, lister, Naomi May, Tom Holland Organizations: Wembley, Getty, Poets Department, London, Afp, Kansas City Chiefs, Sun, Department Locations: London, England, Wembley, American, Europe, British

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