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Equifax triggers debate on cyber rules

US lawmakers have questioned the former head of credit-scoring company Equifax about a cyber attack which may have exposed personal information of more than 145 million people. Richard Smith, who retired last week, apologised repeatedly for the breach. Some Congressional committee members said it should spur stronger data protection laws ...

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Samsung Odyssey virtual reality headset announced for Windows

Samsung has unveiled a virtual reality rig designed for use with Windows PCs. HMD Odyssey joins previously announced VR headsets and hand controllers from Dell, HP, Lenovo, Acer and Asus to form the launch hardware line-up for Microsoft’s new Mixed Reality platform. Unlike earlier PC-based VR kit, the new products ...

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Wells Fargo boss should be be fired, says senator

Washington senators have criticised Wells Fargo, saying the US bank had not done enough to reform the corporate culture that led to the creation of millions of fake accounts. Senator Elizabeth Warren called for the chief executive, Tim Sloan, to be fired and board members replaced. Others asked if regulators ...

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Royal Mail staff vote for strike ballot over pensions

Royal Mail workers have voted in favour of holding a ballot for strike action in a row over pensions and pay. The Communication Workers Union said 73.7% of its 110,000 members turned out to vote with 89% backing a walkout. It is the first major vote since the introduction of ...

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Tesco fraud trial hears two staff quit over their concerns

The trial into alleged fraud at Tesco has heard that two members of its finance department resigned in 2014 over concerns they may be compromising their professional integrity. The two were unhappy about what they were being asked to do by bosses. Tesco’s former finance head, managing director and food ...

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Scottish government backs ban on fracking

The Scottish government has announced a ban on fracking. Energy Minister Paul Wheelhouse told MSPs that the practice “cannot and will not take place in Scotland”. He said an existing moratorium on the technique, which has been in place since 2015, should continue “indefinitely” after a consultation showed “overwhelming” opposition. ...

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Rodney Bickerstaffe, ex-Unison general secretary, dies

Rodney Bickerstaffe, the former general secretary of Unison has died aged 72, the trade union has said. Mr Bickerstaffe, who led the public sector union NUPE before it became Unison, was also a former president of the Trades Union Congress (TUC). He also served as president of the National Pensioners ...

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Help to Buy: How much has it helped first-time buyers?

“The Help to Buy equity loan has achieved much higher take-up than we expected, helping 130,000 families so far with a deposit for their own home,” Chancellor Philip Hammond has said. The latest figures from the Department of Communities and Local Government show that from the launch of the scheme, ...

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UK construction activity shrinks on uncertainty

Activity in the UK construction sector contracted for the first time in 13 months in September, according to a closely watched survey. The IHS Markit/CIPS purchasing managers’ index (PMI) for the sector fell to 48.1, below the 50 mark that separates growth from contraction. The survey found “political and economic ...

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N Brown boss tells women to steel themselves for leadership

N Brown group chief executive Angela Spindler knows what it’s like to be the only woman in a room full of men. When she was at retail giant Asda 20 years ago, women in her position were rare: “I’d go to a networking event or a conference and I would ...

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