DEBATE: Has the Northern Powerhouse run out of steam? October 12, 2018 Has the Northern Powerhouse run out of steam? Emma Revell, communications officer at the Centre for Policy Studies, says YES. The Northern Powerhouse hasn’t quite run out of steam but it’s certainly not firing on all cylinders. Rail infrastructure improvements have been shelved, the architects of the Northern Powerhouse (most notably George Osborne and Jim O'Neill) [...]
Ebay hit with £7m extra UK tax bill after a review by HMRC October 11, 2018 E-commerce auction site Ebay’s UK office paid out an additional £7m in owed corporate taxes last year, after the closure of a review by HM Revenue & Customs (HMRC). In accounts published yesterday, Ebay UK paid a total of £13.5m in tax in 2017, £6m of which was for last year alone, on profits of [...]
UK startups hold onto Europe’s venture crown with £1.4bn in funding October 11, 2018 UK startups continued to draw in attention from venture capital (VC) firms in the third quarter as Europe’s premier investment hotspot, posting a £1.4bn total draw in the three months to September compared to £1.31bn in the same quarter last year. Data compiled by KPMG Enterprise revealed the UK remained at the top of the [...]
Apple to buy parts of European chipmaker Dialog Semiconductor in $600m deal October 11, 2018 Apple said today it has entered into a deal to acquire parts of European iPhone chipmaker Dialog Semiconductor, in a deal valued at $600m (£454m). Apple will gain some patents and a team of engineers from the chip designer, and cement a three-year contract for Dialog to continue building chips for its iPhone and iPad products. The transaction [...]
FAANGs out: Tech stocks set to continue slide after losing $172bn in a single day October 11, 2018 Yesterday's $172bn (£130bn) tech stocks slide is set to worsen today, as pre-market trading indicates each of the so-called FAANG companies could stand to lose further value. Amazon was the worst hit overnight, losing an additional 2.24 per cent on top of yesterday's 6.15 per cent slide which wiped around $56bn off its market capitalisation. Apple [...]
Laundry is the biggest source of microplastic pollution – here’s how we tackle the issue October 11, 2018 Anyone who is yet to wake up to the issue of plastic polluting our rivers and seas must have their head in the sand. Programmes such as Blue Planet and Drowning in Plastic have done a brilliant job of showing us the terrible damage being wrought on the environment by discarded plastic. Heartrending images of [...]
Gender bias is unprofessional, but shutting down the debate will only fuel further backlash October 11, 2018 To Albert Einstein, Emmy Noether was the most important woman in the history of mathematics. Her 1918 theorem was fundamental in the development of modern physics, explaining the connection between symmetry and conservation laws. Yet for several years, she had to lecture at the University of Gottingen under the name of a male colleague. Even today, few [...]
Musk denies rumours of James Murdoch as lead candidate for Tesla chairman October 11, 2018 Tesla billionaire Elon Musk has denied reports that 21st Century Fox chief and Tesla board member James Murdoch is the lead candidate to replace him as chairman of the electric carmaker. In response to a report by the Financial Times late last night that Murdoch was the favourite to take the top spot, Musk tweeted at [...]
Blockchain, Brexit, and the Irish border – how technology can help to solve this delicate problem October 11, 2018 With less than six months to go until Brexit, one of the biggest sticking points in the negotiations between Britain and the European Union remains undoubtedly the issue of the Irish border. If the UK does decide to leave the EU’s single market and customs union, it will become necessary to control and monitor goods [...]
Why cyber is the new value driver October 11, 2018 | Sponsored How do you measure the value of a company? Market capitalisation, EBITDA, cashflow, asset value, IP and goodwill are just some of the traditional metrics. But nowadays, there is a new addition, a company’s cyber security posture. Until recently, considered by many to be a peripheral issue for companies outside of the technology sector, the [...]