UK Faces Disinformation, Legal Battles, and Environmental Fines: Top Financial Stories

The top Financial Times stories highlight UK's resistance to removing disinformation on social media platform X during riots, Musk's X suing an advertising alliance, Thames Water's fine for sewage discharges, planned far-right attacks on lawyers, and a ban on Virgin Atlantic's misleading ad about sustainable fuel.


Devdiscourse News Desk | Updated: 07-08-2024 08:30 IST | Created: 07-08-2024 08:30 IST
UK Faces Disinformation, Legal Battles, and Environmental Fines: Top Financial Stories
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Officials in the UK have faced pushback from social media platform X over removing posts considered threats to national security during recent riots.

Elon Musk's X has initiated a lawsuit against the Global Alliance for Responsible Media, alleging an illegal boycott leading to revenue losses. Major brands like Unilever and Orsted are implicated.

In a punitive measure, Britain's water authority has fined Thames Water £104 million following an investigation into sewage spills. Meanwhile, the UK's Advertising Standards Authority has banned a Virgin Atlantic advertisement for making misleading claims about sustainable aviation fuels.

(With inputs from agencies.)

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