UK has the chance to be a leader in safer vice products post-Brexit such as e-cigarettes and synthetic alcohol, Adam Smith Institute argues September 23, 2016 The UK has the opportunity to become a “world leader” in reducing the risks of smoking and drinking by slashing regulation around safer vice products, a new paper has argued. Think tank the Adam Smith Institute (ASI) has recommended the government replaces “self-defeating regulation” on products such as e-cigarettes and hangover-free synthetic alcohol with a system [...]
Consumer interest group calls on watchdogs to tackle bank transfer scams September 23, 2016 A consumer interest group has today turned up the pressure on financial watchdogs by launching a super complaint into bank transfer scams. Research from Which? has found three out of five (60 per cent) of people don't realise there is no consumer protection from their bank if they are fraudulently tricked into making a bank transfer. Meanwhile, [...]
All but five EU members have more jobs linked to UK trade than vice versa September 23, 2016 All but five EU countries have more jobs dependent on British trade than vice versa, according to new figures. An analysis into the jobs market of the Eurozone has found that 22 of the 27 have more individual jobs at stake than the UK ahead of the activation of Article 50. What's more, every single [...]
On Her Majesty’s secret servers: GCHQ taps startups to fight cyber attacks September 23, 2016 Britain’s spooks are tapping startup geeks to help fight the growing battle against cyber threats, opening the insular intelligence agency to innovation and kickstarting ambitious plans for Britain to become a world leader in cyber security. GCHQ will begin the hunt for under the radar startups working on cutting edge technology to fight cyber crime, in a landmark partnership [...]
Inmarsat on the search for next generation of space engineers September 22, 2016 British satellite company Inmarsat has launched an attempt to find the next generation of so-called space pioneers. The programme, which is designed to kick-start the space engineering careers of five science, technology, engineering or maths (Stem) graduates, was unveiled by astronaut Tim Peake in London. Successful applicants selected from UK and European universities will have [...]
Amazon rolls out arts and crafts sites across the UK and Europe September 22, 2016 Online retail giant Amazon is expanding its specialist arts and crafts store selling handmade goods to the UK, shortly after bouncing its Echo home assistant over to British shores. The site is also coming to four other European countries – Germany, France, Italy, and Spain. The business, which is already operational in the US, will [...]
Teleco Ericsson plans wave of global job cuts September 22, 2016 Telecoms equipment maker Ericsson has said its home operations in Sweden will not be immune from coming job cuts. The announcement throws in to doubt the future of Ericsson’s equipment production in the country, where it has made telegraph and telephony equipment for over 140 years. Fierce competition and slowing global demand forced the company to [...]
Samsung must now x-ray batteries for its Note 7 phone in South Korea September 22, 2016 South Korean technology giant Samsung has been told it needs to x-ray new batteries for its Note 7 phone to make sure they’re safe. The Korean Agency for Technology and Standards made the order as Samsung prepares to resume sales of the smartphone. Samsung, the world’s biggest smartphone maker, announced a global recall of at least [...]
Serco lands £600m contract with Barts Health NHS Trust in London September 22, 2016 Shares in outsourcing company Serco popped yesterday after it said it had been named as the prefered bidder for a whopping £600m contract with Barts Health in London. Shares leapt by almost two per cent on the announcement – the largest deal the company has won since 2014 – and ended trading yesterday up by [...]
Newspapers warn over threat to democracy of Google and Facebook taking advertising revenues September 22, 2016 National newspaper publishers have warned the government that news aggregators like Google and Facebook are threatening the UK’s democracy by taking their advertising revenue. The News Media Association (NMA) said in a letter to ministers that it is becoming “increasingly difficult” to fund quality journalism, with advertising revenues at news organisations plummeting. Read more: Guardian [...]