Dame Melanie Dawes, chief executive of Ofcom, called the bill’s passage through parliament “a major milestone in the mission to create a safer life online for children and adults in the UK.” “Very soon after the Bill receives Royal Assent, we’ll consult on the first set of standards that we’ll expect tech firms to meet in tackling illegal online harms, including child sexual exploitation, fraud and terrorism,” she added.
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UK banks can weather pandemic, says Bank of England
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Banks have built up strong capital buffers since the financial crisis more than a decade ago, the Bank said...
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Gas prices hit new record sparking fears over bill rises
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Sarah Hewin, a senior economist at Standard Chartered Bank, agreed, warning that with rising gas prices feeding into higher...
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Pandemic-hit airline industry to regroup at Dubai Airshow
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The show will also see a significant attendance of defence firms with 20 countries, including Brazil, Russia, France and...
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Vape firm claims it will survive UK disposable ban
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Scott Butler, executive director of Material Focus, a non-profit organisation set up tackle electrical waste, noted the growing trend...
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Mortgage rates: Average two-year fix now above 6%
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More than 400,000 people will see their existing fixed deals end between July and September, a comparatively high number....
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Wilko: First job losses confirmed as deal to buy whole firm fails
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The GMB union, which represents about 4,000 Wilko staff, said it remained hopeful for a bid from a viable...
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Mission: Impossible Covid shutdowns prompt lawsuit
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“Remarkably, Federal stated that there was no evidence that those cast and crew members could not continue their duties,...
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All Wilko shops to shut with 12,500 jobs likely to go
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Nadine Houghton, national officer at the GMB union, said: “Wilko was far more than a brand, a retailer or...
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