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      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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Tech

  • Intel to cull thousands of jobs amid sales slowdown

    October 12, 2022

    Intel is set to cull thousands of staff as the chipmaker attempts to fight off a sales slowdown. According to initial reports from Bloomberg, the layoffs will be announced as early as this month, slimming back its 113,700 global headcount. Sources told the publication that the sales and marketing teams could see as many as [...]

  • Chipmakers continue to feel hangover from US export ban

    October 11, 2022

    SHARES in chipmakers continued to tumble today, as the sector feel the hangover of Washington’s decision to limit chip exports to China. Adding fuel to the US-China tech war on Friday, President Joe Biden blocked American firms from selling chips for use in AI and supercomputers in China. He said these curbs were aimed at [...]

  • UK spy chief tells parents not to worry about letting kids on TikTok

    October 11, 2022

    Top UK spy chief has said he wouldn’t tell youngsters to keep away from TikTok, despite concerns from the government about the Chinese app’s safety. The director of GCHQ Jeremy Fleming told BBC Radio 4’s Today show that he would not be concerned if his own children used the social media, but said he would discuss [...]

  • Adam Norris: A driving force for the good of the planet

    October 11, 2022

    Adam Norris talks to City AM about his remarkable life, a burning passion for making a difference, and being the father of a Formula 1 star.

  • 3 Great Tech Roles To Apply For This Week

    October 10, 2022

    Looking for a new job in tech? The UK is expected to add nearly 15,000 technology-related jobs this year, according to a recent report from the Computing Technology Industry Association (CompTIA), a nonprofit association for the information technology (IT) industry and workforce. The report also states that there are already two million tech workers across [...]

  • UK and US make ‘significant progress’ on data partnership as Biden pens EU wide deal

    October 7, 2022

    The government said it has made “significant progress” in securing a new tech and data partnership with the US. It comes as Digital Secretary Michelle Donelan met with US Secretary of Commerce Gina Raimondo earlier today to work on a new data adequacy agreement in the coming weeks. Data adequacy agreements allow personal data to [...]

  • London toasts Europe’s top talent at ‘Oscars of Tech’

    October 7, 2022  |  Sponsored

    Europe’s leading investors and technology entrepreneurs gathered in London’s Hilton Park Lane last night, Thursday 6 October in celebration of the 20th annual GP Bullhound Investor Allstars. Dubbed the ‘Oscars of the tech world’, Investor Allstars is one of the leading events celebrating the very best of Europe’s vibrant tech industry, shining a light on [...]

  • Advances in eye health

    October 7, 2022  |  City Talk

    May Griffith, PhD, Marie-Claude Robert, MD, Samir Jabbour, MD, and Isabelle Brunette, MD Department of Ophthalmology, Université de Montréal The first-in-human attempt to regenerate the human cornea was a team effort led by May Griffith, who is currently a Université de Montréal (UdeM) professor of ophthalmology. Together with Isabelle Brunette and the Swedish clinical trial [...]

  • Uber’s former security boss found guilty of criminal obstruction over data hack

    October 6, 2022

    Uber’s former head of security has been found guilty of criminal obstruction for failing to tell US authorities about a 2016 database hack. The breach impacted 57 million Uber records and 600,000 driving-licence numbers, and led to former top dog Joe Sullivan to be fired in 2017. The San Francisco jury convicted Sullivan this week of [...]

  • Big pay for Big Tech: Facebook UK staff bank £134k a year on average

    October 6, 2022

     Despite reports that tech firms are facing job cuts and a slowdown of hiring, new filings reveal that the average salary for a Facebook employee in the UK hit £134,000 last year. Facebook’s headcount climbed 37 per cent to 5,148 in the UK, with the wage bill up to £693m in 2021. This made the [...]

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