Two hacker groups associated with North Korea, the Lazarus Group and APT38, were responsible for the theft last June of $100 million from US crypto firm Harmony’s Horizon bridge, the Federal Bureau of Investigation (FBI) said on Monday. On Jan. ...
Philip Atkinson, managing director of North East-based manufacturing firm, BTS Facades and Fabrications tells Business Matters more about the direction of his carbon neutral business What do you currently do at BTS Facades and Fabrications? I’m the managing director at ...
Twitter is being sued by the Crown Estate amid allegations of unpaid rent at its London headquarters. The Crown Estate, which manages a property portfolio belonging to the monarchy, filed a case at the High Court last week. Twitter’s office ...
Britons cut back on shopping in the final three months of the year, according to new figures that suggest all regions of the UK are facing similar pressures on the cost of living. Asda’s latest income tracker recorded a drop ...
Ford plans to cut 3,200 jobs across Europe, according to Germany’s largest union, as the carmaker looks to slash costs and shift focus towards electric vehicles. Most of the 2,500 jobs in product development and up to 700 in administrative ...
National Grid is expected to pay out more than £2m to households and businesses to encourage them to cut their power use at peak times on Tuesday. The electricity system operator plans to run its “demand flexibility service” – which ...
Figures released by HMRC today show that the Treasury raked in £5.3 billion in inheritance tax receipts in the months from April to December 2022. This is £700 million more than in the same period a year earlier, continuing the ...
British government borrowing shot up to a December record on the back of a climbing debt interest bill and the cost of energy subsidies for households and businesses. Official figures show public sector borrowing hit £27.4 billion last month, the ...
Energy bills could fall below £3,000 a year within months but are likely to remain high and volatile, requiring continued subsidies for vulnerable households, the regulator has said. Jonathan Brearley, Ofgem’s chief executive, said that the recent drop in gas ...
Microsoft has confirmed that it will increase its stake in the developer behind the advanced ChatGPT chatbot through a “multi-year, multibillion-dollar investment”. The company was said this month to be preparing to invest $10 billion in OpenAI, which caused a ...