Of digital markets, on trial for fraud and money laundering. At the heart of the case, whether mr bankman fried unlawfully used Customer Deposits from his crypto exchange, ftx, to cover debts, expenses and investments of his crypto hedge fund, alameda research, and to enrich himself and his inner circle. He has pleaded not guilty. The governments first witness was a former ftx customer who deposited £110,000 on the exchange. The government is expected to call on people who lost money when ftx went bankrupt, as well as at least three former executives at ftx and alameda, who were also personally close with mr bankman fried. The british car market grew in september, according to new figures. The society of Motor Manufacturers and traders says its up 21 on the same period last year. But sales of Electric Vehicles fell sharply, pulling the share of ev sales down to 16. 6 of the overall market. Lets cross live now to mark tisshaw, whos the editor of autocar. Mark, explained this, because w
Cloud market in the uk thats much more than the 55 share they have globally. Their nearest rival, google, only has between 5 10 . Lets discuss this further. Professor suzanne rab is a barrister at serle court chambers, specialising in competition and regulatory law. Lovely to see you. First of all, just talk us through what of commerce trying to achieve here. ,. ,. ,. Of commerce trying to achieve here. ,. , ,. , here. They are concerned that the market here. They are concerned that the market may here. They are concerned that the market may not here. They are concerned that the market may not be the market may not be delivering benefits to customers. Theyve identified very high combined Market Shares of the leading players as in microsoft, and they are concerned that, as a result of that, and a combination of certain Business Practices, customers of Cloud Computing Infrastructure Services may face limitations on switching supplier and getting a better deal. Supplier and getting a bett
A temporary speaker has taken the gavel, Patrick Mchenry of North Carolina. Until mccarthys replacement is elected, legislative activity in the house is essentially halted. On wednesday, President Biden called for an end to the polarized atmosphere in congress. More than anything we need to change the poisonous atmosphere in washington. We have strong agreements but we need to stop seeing each other as enemies. We need to talk to one another, listen to one another and work with one another and we can do that. Ijoined the minority leaderjeffries in saying that our republican colleagues remain committed to working in a bipartisan fashion and we are prepared to do it as well for the good of the American People. Earlier my colleague Caitriona Perry spoke with catie edmondson, congressional reporter with the new york times. We have two names in the ring now. Ill be expecting any others . I now. Ill be expecting any others . ~ now. Ill be expecting any others . Now. Ill be expecting any othe
Well, the vote for the position likely wont be until next week. But in the meantime, a temporary speaker is serving in mccarthys place. Patrick mchenry, a republican representative from North Carolina has taken the gavel, he topped a confidential list of interim leaders named by Kevin Mccarthy when he got the job. Until mccarthys replacement is elected, no progress can be made on a long term Spending Bill to keep the government Open Past Mid November or a new aid package for ukraine. Catie edmondson is a congressional reporter with the new york times. She told us why a leaderless house could mean more chaos in the weeks to come. You have a Republican Party at odds with itself right now, at least in the house, but we have again a Stopgap Funding Bill that is going to run out in the middle of november and negotiations really should start as soon as possible in order to make sure the Us Government does not shut down next month. And you also have the house floor currently paralysed, becaus
Boycotted the meeting complaining of pro armenian bias. Migration is the other big topic up for discussion. Prime minister rishi sunak is on his way he wants more action on illegal migration and hell ask for, what he calls creative europe wide solutions. Hell co chair a meeting with georgia meloni, the Prime Minister of italy, which has already seen more than 100,000 migrants land on its shores this year five times the number whove reached the uk. Heres our Diplomatic Correspondent james landale, whos at that summit in granada with more. The summit here in spain is a very loose one. It has very little agenda, there is no secretariat and no communique at the end. It simply an opportunity for leaders from the eu and non eu countries to get together and share ideas to try to have some discussion about where they can go on the big issues of the day. As you say, ukraine is a big one. Also immigration. The british Prime Minister, rishi sunak, is co chairing a meeting with the italian Prime M