Mike Lynch's £700m payment to HP explained
The sum relates to HP's ill-fated 2011 acquisition of British software firm Autonomy, which HP claimed was based on an inflated valuation due to fraud.
HP had accused Dr Lynch and Mr Hussain of orchestrating an elaborate fraud before the $11.1 billion purchase, a deal that subsequently unravelled.
A judge had previously ruled in HP's favour in 2022, with this week's decision determining the specific damages owed.
Dr Lynch, who died last year, consistently maintained his innocence and was acquitted of related criminal charges in the US.
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South Wales Guardian
19 minutes ago
- South Wales Guardian
Navy flagship HMS Prince of Wales leaves Australia during eight-month deployment
The fleet flagship has now set off for Japan in the next stop of its eight-month Indo-Pacific deployment. The £3 billion warship sailed from Portsmouth in April for the mission which involves visits with 40 countries across the Mediterranean, Middle East, south-east Asia, Japan and Australia. As the sun sets on HMS Prince of Wales, we bid farewell to @COMUKCSG after an incredible visit. The Carrier Strike Group's first return since 1997 has strengthened our partnership and deepened UK-Australia ties. Until we meet again 🇬🇧🇦🇺#UKAustralia #CSG25 @SarahMacFCDO — UK in Australia 🇬🇧🇦🇺 (@ukinaustralia) July 29, 2025 A Royal Navy spokesman said that the carrier had sailed from Darwin having taken part in the Talisman Sabre exercise as well as acting as a host for diplomatic visits, including from representatives of the indigenous Larrakia people. He said: 'The flagship hosted a string of senior British and Australian politicians, including Defence Secretary John Healey and Foreign Secretary David Lammy, his Australian counterpart Penny Wong and Deputy Prime Minister Richard Marles. 'The aircraft carrier has also served as the impressive setting for a business and industry event, discussing the growing importance of defence links between London and Canberra. 'And the 2,500-plus personnel in the task group have enjoyed down time to explore the largest city in Australia's Northern Territory.' Able Seaman Owen Altoft, an 18-year-old chef from Newcastle who is on his first deployment, said: 'It's an experience being out in Australia. 📸.@HMSPWLS in Darwin, Australia 🇦🇺#CSG25 | @COMUKCSG — Royal Navy (@RoyalNavy) July 28, 2025 'This deployment has been great – seeing what the world's like, seeing different places, cultures and food. It's what I signed up for. 'I tried kangaroo at the local food market and would try it again in a restaurant.' The Royal Navy spokesman said that the next stage of the deployment would involve combined air exercises with the carrier's F-35 jets and the Japanese navy. The Hon Pat Conroy MP visited @HMSPWLS while in Darwin. A great opportunity to demonstrate our joint capabilities, discuss partnerships and working together in the Indo-Pacific 🇦🇺🤝🇬🇧 #CSG25 #AUKUS — UK Carrier Strike Group (@COMUKCSG) July 29, 2025 He said: 'Both nations operate the same short take-off/vertical landing version of the stealth jet, the B variant, although Japan has not flown the fifth-generation strike fighter for quite as long as the UK.' Earlier in the deployment one of the stealth fighter jets was stranded at an airport in Kerala, India, after suffering mechanical issues. After the week-long exercise with Japan, the carrier will continue with its visit to the country while some vessels from the UK task group will head to South Korea.
South Wales Guardian
23 minutes ago
- South Wales Guardian
Trump showed ‘willingness' to move on whisky tariffs during meeting
Scotland's First Minister met the President ahead of the opening of a second course at his Aberdeenshire golf club, where he pressed him on the 10% levy on Scotland's national drink. The tariff, it is believed, costs the sector £4 million per week, with distillery bosses keen to reach an agreement as part of the US-UK trade deal. Speaking to the PA news agency after the opening of the course, the First Minister said: 'I think there's a willingness for President Trump to look at the issues that I've set out to him. 'I don't think that was the position a few days ago, because I think President Trump was of the view that the trade deal was done and dusted and that was an end of the matter.' Mr Swinney told Mr Trump Scotch whisky was 'unique' to Scotland and the tariff was a 'significant impediment'. 'I think there is an opportunity for us to make progress,' he added. 'I wouldn't have expected to be able to get an outcome in the course of the discussion I had yesterday and this morning with President Trump, but we will follow this up with the US administration, follow up with the United Kingdom Government, to make the progress that I think Scotland would expect on this matter.' The president was asked about whisky tariffs by journalists at his Ayrshire golf course on Monday, where he appeared not to know there was an issue. 'We'll talk about that, I didn't know whisky was a problem,' Mr Trump said. 'I'm not a big whisky drinker but maybe I should be.' Scottish Labour leader Anas Sarwar said that the Prime Minister will not need much pressure to push the President on whisky tariffs. 'The great thing is, here, this is not a matter of putting pressure on the Prime Minister, because the Prime Minister already agrees and the Prime Minister recognises that we want to go even further on the deal we've already negotiated. 'It's a good deal for Scotland and the UK, but we want to go even further – and that's the conversations that continue.'
Telegraph
an hour ago
- Telegraph
First British-bred blueberry title claimed… then swiftly lost
Few things stir the spirit like a national first – so when the James Hatton Institute, in Invergowrie, declared this summer that it had produced the UK's first home-bred blueberry, heads were turned. However, no sooner had the institute made the announcement than it discovered that someone had beaten it. It was then forced to relinquish the title of a British first in favour of proclaiming the first Scottish-bred blueberry. The institute had proudly unveiled Highland Charm, a blueberry variety bred on Scottish soil, produced after a decade of research, cross-breedings and a large amount of patience. But instead of relishing in the sweet taste of triumph, the institute had to content with a bitter reality. Highland Charm would fall short of claiming the crown of first UK-bred blueberry, as that accolade had been collected by another pioneer whose identity remains a mystery. The institute issued a correction after being contacted by the people behind the true first British-bred variety, and clarified that it instead had the first blueberry of Scottish heritage. But sources in the berry industry robustly denied that any other berry breeding programmes existed nationwide. Instead, they suggested that the name confusion could have been prompted by the Scottish Government, which reportedly funded the breeding programme, and therefore asserted Scotland's claim on the produce. The Scottish Government denied these accusations, with a spokesman advising that 'it was changed because someone else approached them claiming to have created the UKs first bred blueberry before them'. Waitrose boasted of British blueberries in 2020 but fell short of claiming they were bred here saying instead that they were organically grown. But for institute staff who have spent over 10 years working on Highland Charm, one honest mistake will not get in the way of their celebrations. Susan McCallum, the organisation's resident blueberry breeder, said: 'It combines high yields, excellent fruit size, outstanding flavour, with a balanced sugar-acid profile and a satisfying bite. Growers are really excited about it.' Nick Marston, of British Berry Growers, welcomed the news of a new home-bred strain, saying: 'The potential advantage that breeding in the UK offers is that new varieties will be selected and trialled in the UK climate at an early stage in their development which means they may be better suited to our climatic conditions.' The long process of berry breeding means that growers can brand it a 'Scottish Berry', suited to the weather and native. At present, growers must rely on foreign varieties, and whilst they can be grown in the UK they cannot truly call themselves a native-bred fruit. Tesco reported last year that consumers enjoy more than 60,000 tonnes of blueberries per year, with almost 90 per cent imported from abroad – largely the Americas – a number of weeks after they were harvested. Researchers at Invergowrie wanted to change that with Highland Charm, a resilient and high-yielding seed that has delivered in testing across different seasons and growing conditions both home and abroad. Now it is undergoing a licencing process to allow it to qualify as a new cultivar, meaning Highland Charm could be on supermarket shelves in the next two to three years. Ms McCallum hopes its success will encourage consumers to buy locally produced, in-season produce, and promised: 'They're fresher and have higher health benefits than imported berries that take six weeks to get from field to shelves. You'll taste the difference.'
