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I blew the whistle on a massive tax fraud – and they sued me
Theo LeggettBusiness Correspondent Jas Bains Jas Bains alerted Danish authorities to a £1bn tax scam and they hit him with a lawsuit “We’d be met at airports in 20-foot limousines, and taken to places like the Atlantis hotel in Dubai or the Singapore Grand Prix. There’d be a hundred grand spent in the bar.” In…
Have plans on paper in case of cyber-attack, firms told
People should plan for potential cyber-attacks by going back to pen and paper, according to the latest advice. The government has written to chief executives across the country strongly recommending that they should have physical copies of their plans at the ready as a precaution. A recent spate of hacks has highlighted the chaos that…
Elon Musks Grok AI image editing limited to paid users after deepfakes
Elon Musk’s platform X has limited image editing with its AI tool Grok to paying users, after it came under fire for allowing people to make sexualised deepfakes. There has been a significant backlash after the chatbot honoured requests from users to digitally alter images of other people by undressing them without their consent. But…
Global borrowing costs hit fresh highs on oil, AI and inflation
Long-term borrowing costs across some of the word’s biggest economies hit fresh highs because of concerns over inflation, government debt levels and spending on Artificial Intelligence (AI). The interest rate on US borrowing over 30 years hit 5.33% on Tuesday, the highest since June 2007, meanwhile UK long-term debt reached 5.85%. There were similar moves…
