Tag Archives: Million

The UK’s emergency alerts system is expected to cost up to £25.3 million in its first three years, the government has confirmed, after previously declining to give any figure.

Last month, in the run-up to and following the nationwide test of the system on Sunday 23 April, we saw lots of false and misleading claims circulating on social media, including that it would track your location, would breach GDPR and was subcontracted to the company founded by Rishi Sunak’s father-in-law.

We also saw unevidenced claims circulating on social media about the likely cost. Many claimed the test alone would cost £22 million, with this figure being shared hundreds of times on Twitter and Facebook. (The Daily Mail previously reported that the whole system would cost £22…

Venture growth investor, Iron Pillar has successfully raised US$129 million for its Series B/C stage fund to invest in global cloud software companies from India. This fund is one of the series of funds under Iron Pillar Fund II. The investors for this fund included the existing institutional investors of Iron Pillar from the US, Europe, and the Middle East, as well as new investors that includes two Endowments and a Foundation.

Iron Pillar has been investing actively in several global cloud software firms from India such as Uniphore, Servify, CoreStack, Ushur, Jiffy, Sibros, and Pando since its establishment in 2016. The newly raised fund will remain dedicated to supporting companies that are revolutionizing the global cloud ecosystem, particularly in Software as a Service (SaaS) and…

A post shared by thousands of people on Twitter wrongly claims that the government spends “£17m a year subsidising food in Parliament”. 

The post, which has also been shared a number of times on Facebook, goes on to say that the £17 million total is “ £30,000 per MP and that’s BEFORE expenses”. 

This is completely inaccurate. As we have written before, catering services on the parliamentary estate are effectively subsidised by the taxpayers at a cost of millions of pounds each year. However, the yearly total is significantly lower than £17 million and catering services are offered to thousands of people working there—not just MPs. 

False or misleading claims about politicians have the potential to affect people’s opinions of individuals, parties or…