Autonomy, founded in Cambridge in 1996, was a member of the FTSE 100 and one of Britain’s most valuable software companies before its sale. Mr Lynch made £500m from the deal, using the funds to set up companies including the British cybersecurity company Darktrace. HP wrote down almost all of the deal’s value a year...
Tag: US content
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US employment growth smashes predictions in blow to hopes of rate cuts – latest updates
Thanks for joining me. We begin with data showing house prices stalled between April and May. Average property values fell by 0.1pc over the month to £288,688, the Halifax house price index showed. 5 things to start your day 1) British tech tycoon Mike Lynch cleared in $11bn US fraud trial | A San Francisco...
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World War 3 has already started
The D-Day commemorations in Normandy took place against a sombre backdrop. Ukraine’s war for national survival has been raging for over two years, and the Middle East is on fire. While the Second World War is in our thoughts this week, we should soon be turning our thoughts on World War Three. The UK’s strategic...
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Ex-Russian soldier accused of planning France terror attack
According to Ministry of Defence figures, France has supplied more than £2 billion-worth of military hardware to Ukraine, including anti-tank and missile systems. The suspect, who is facing a range of terrorism-related charges, was born in the war-torn Donbas region of Ukraine, and is a Russian speaker. Despite his injuries, he is cooperating with agents...
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Great British Sewing Bee’s Patrick Grant on why you should stop buying rubbish
Lambswool sweater, £69.50, communityclothing.co.uk Think about where your clothes go afterwards Acrylics, polyester, nylon and materials that employ elastics are made from crude oil and fossil-fuel based resources; 342 million barrels of oil are used to make synthetic fabrics every year. If they are readily disposed of – as cheap, ultra fast fashion products often...
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Army’s ‘embarrassingly’ small tank fleet would last two weeks in war with Russia
Sir Richard, who served as Deputy Supreme Allied Commander Europe, said in 1997 Britain could field a war-fighting division of 20,000 well-equipped troops. But he said that a decade of cuts had left the Army “decimated”, which now required “real emergency treatment” . ‘Ammunition in short supply’ Speaking on the BBC’s Today programme, he said;...
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Ukraine-Russia war live: US tells Ukraine it can’t use its Atacms missiles inside Russia
Ukraine could strike troops, air bases and logistics hubs inside Russia after Joe Biden authorised American weapons to be fired across the border. The partial lifting of the ban on firing US-supplied weapons into Russia, which applies only to the defence of Kharkiv and does not change a ban on long-range deep strikes further inside...
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Air passengers face a summer of confusion over the 100ml liquids rule
Compounding any possible confusion, the majority of the airports that have not yet rolled out the new tech do, in fact, have one or more of the new scanners in operation. This means there is a chance that you will travel through Gatwick or Heathrow this summer with a see-through bag full of 100ml liquids,...
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Biden bows to international pressure to allow Ukraine to use US weapons on Russia
The opinion of Nato allies is shifting towards allowing Ukraine to use Western weapons to strike military targets on Russian soil, the Czech foreign minister said on Thursday. Speaking to reporters, Jan Lipavsky said there was a growing belief that it was better to allow Kyiv to destroy Russian aircraft before they can take-off armed...
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Fewer hot meals and no more ‘lap babies’ – how airlines are preparing for a turbulent future
In addition to the new rules announced by Singapore Airlines, a flight attendant union is lobbying for a ban on children under the age of two travelling on a parent’s lap. Last year the Association of Flight Attendants-CWA union, which represents more than 50,000 flight attendants in the USA, urged legislators to change the rules...
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Broken Britain: How the wage squeeze left us being treated as a developing country
“It seems that the recent increase in wages is a cyclical phenomenon driven by labour shortages as a result of Brexit, people dropping out of the workforce following the pandemic and a rebound in growth,” says the economist Julian Jessop. “We will not get a structural, long-term increase in wages until there is sustained productivity...
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Israel-Hamas war latest: Rafah camp fire was caused by ‘secondary explosion’, says IDF
Footage from the scene showed Palestinians frantically attending to the victims. The attacks on Rafah have reignited criticism of Israel’s military offensive in the southern city, where more than one million Palestinians had been taking shelter. On Tuesday, Israeli tanks reportedly rolled into the centre of the city, with eyewitnesses telling local media several were...