
Irish Government to Reform Rent Cap in Bid to Boost Home Supply
Government leaders agreed on Monday evening that newly built apartments will be exempt from a 2% annual cap in rents in place in urban areas, known as rent pressure zones, according to a person familiar.
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Skift
30 minutes ago
- Skift
An Ennismore IPO: Can Lifestyle Hotels Impress Wall Street?
If Accor follows through with an Ennismore IPO, it would be a referendum on whether investors will pay up for Instagram moments and craft cocktails over the more familiar returns of big box chain hotels. Wall Street has long valued scale and cost efficiency above all else. But a successful IPO of the lifestyle operator could elevate design, brand heat, and food-and-beverage revenue as credible sources of long-term value. If it stumbles, an Ennismore IPO would reinforce the prevailing view: that lifestyle belongs inside big hotel group systems, not as a standalone business on the public markets. Ennismore, with 180 operating hotels and brands like The Hoxton, Mama Shelter, and SLS, would be the first lifestyle hotel company to go public with this level of scale and ambition. Marriott, Hilton, and Hyatt all operate lifestyle sub-brands, but no pure-play lifestyle operator has achieved signific


New York Times
32 minutes ago
- New York Times
U.K. Secretly Spent $3.2 Million to Stop Journalists From Reporting on Data Breach
The British government spent $3.2 million on a secret legal order preventing journalists from reporting a data breach that put almost 19,000 Afghans and their families at risk, according to records obtained by The New York Times. The breach, which happened in 2022, exposed the personal details of thousands of Afghans who had worked with British forces before the Taliban takeover in 2021. The government, led by the Conservative Party at the time, went to England's High Court to obtain an order barring anyone from disclosing the breach, even to the people whose lives were feared to be at risk from the Taliban as a result. Journalists were also prevented from reporting on the existence of the court order itself. The government's legal action began in August 2023, when journalists first asked the Ministry of Defense about the breach, and continued until the order was lifted last month. It cost the British government 2.4 million pounds, or over $3.2 million, according to information disclosed in response to a Freedom of Information request. Government ministers involved in the decision have since defended the stringent legal order, which is known in Britain as a 'super injunction,' arguing that it was necessary to protect the people whose personal details had been disclosed. As a direct result of the data breach, Britain spent at least £400 million on a secret program to relocate 4,500 Afghans to Britain. But the government's unprecedented use of a super injunction has intensified questions about freedom of the press in the country. The State Department's annual publication of reports on international human rights on Tuesday criticized Britain's record, describing 'credible reports of serious restrictions on freedom of expression,' while Vice President JD Vance has also argued that free speech is under threat. The British government has said it upholds free speech, but that it balances that right with the need to prevent violent disorder, hate crimes and the swaying of trial juries. Justice Martin Chamberlain, the judge who lifted the order relating to the Afghan data breach last month, said that it was the first super injunction ever granted 'contra mundum,' meaning 'against everyone,' and that it interfered with freedom of expression and Britain's democratic processes. When Labour entered government last year, it commissioned an independent review into the super injunction and the resettlement program, which led to the lifting of the injunction and the public disclosure of the data breach. Critics argued that the government's legitimate interest in protecting the safety of Afghans was supplanted over time by a desire to avoid an embarrassing headline during an election year. The breach happened in February 2022, when a member of the British military accidentally emailed an external contact a spreadsheet containing the details of 18,700 Afghan servicemen, police officers and others seeking refuge in Britain after the Taliban takeover. The disclosure was not discovered until part of the spreadsheet was posted on Facebook in August 2023. Within days, journalists approached the Ministry of Defense about the breach, prompting the government's application for an injunction. Holly Bancroft, the home affairs correspondent for the Independent newspaper, was among the first journalists to be served with the order. She told The New York Times that she was unaware of the data breach and had asked the Ministry of Defense why many Afghans who had previously been denied permission to travel to Britain were suddenly being approved — decisions she now knows were part of the emergency response. Ms. Bancroft said she had been invited into a room inside the ministry's headquarters, handed a paper copy of the super injunction and told not to 'talk to anyone about it' other than a lawyer. Ms. Bancroft estimates that over the next 18 months, she attended more than 20 hearings at London's High Court, where The Independent and other news organizations, including The Times of London and Associated Newspapers, were campaigning for the injunction to be lifted. The government fielded a roster of senior lawyers to argue against them. Asked for comment on Wednesday, the Ministry of Defense pointed to the statement made by John Healey, the defense secretary, while disclosing the breach last month. He said he felt 'deeply concerned about the lack of transparency' and had chosen to 'reassess' the basis for the injunction when he entered government. Steve Kuncewicz, a specialist media lawyer from Glaisyers Solicitors, said that no legal power comparable to super injunctions existed in the United States and 'couldn't be considered' because of the First Amendment. 'They are a creature of the U.K. courts,' he said. The orders had previously been sought to prevent the disclosure of 'embarrassing details of people's private lives,' he noted, such as the order obtained in 2010 by a former England soccer player, John Terry, over allegations of an extramarital affair. The use of super injunctions has long been contentious in Britain but, Mr. Kuncewicz said, the Afghan data breach case was 'unique.' 'These orders are only meant to stay in place for the shortest amount of time, and be granted in the narrowest terms possible,' he added. 'They are really chilling to free speech.'


Bloomberg
32 minutes ago
- Bloomberg
Poland's New President Bumps Tusk From Trump Call on Ukraine
Poland's new president, Karol Nawrocki, unexpectedly joined a call of European leaders with Donald Trump on Wednesday instead of the country's veteran prime minister in a sign of his emerging clout with the US administration. Premier Donald Tusk told reporters in Warsaw that he was informed by the US side 'shortly before midnight' on Tuesday that they 'would prefer' the president to represent Poland in contacts with Trump.