PRESS DIGEST-Financial Times - May 11
- The publishers of British tabloid Mirror carried out "unlawful activities" on an "industrial scale", it was claimed in London's High Court on Wednesday at the start of a lawsuit brought by Prince Harry and other celebrities alleging widespread phone hacking by the media group. - Capita has said the financial impact of a recent cyber attack would be up to £20mn, as it attempts to recover leaked data and reinforce its defences.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- UK pulls back on plan to revoke all EU regulations - John Lewis chair Sharon White wins confidence vote despite losses
- Mirror accused of ordering 'unlawful activities', high Court hears - Capita says cyber attack will cost it up to 20 mln stg
Overview - More than 2,500 European Union laws are set to remain on the UK statute book beyond the end of this year, the government has announced, in a move welcomed by business groups but criticised by Tory Brexiters.
- John Lewis chair Sharon White has won a confidence vote on her future leadership but lost a second vote by the retailer's partnership council on last year's performance, in which the group reported a 234 million pounds ($295 million) loss and scraped its partner bonus. - The publishers of British tabloid Mirror carried out "unlawful activities" on an "industrial scale", it was claimed in London's High Court on Wednesday at the start of a lawsuit brought by Prince Harry and other celebrities alleging widespread phone hacking by the media group.
- Capita has said the financial impact of a recent cyber attack would be up to £20mn, as it attempts to recover leaked data and reinforce its defences. (Compiled by Bengaluru newsroom)
Google News