European grocery prices increase at slowest rate for six years May 23, 2016 The price of items in Europe's shopping-basket have risen at the slowest rate for six years, as the price war in supermarkets continues to hit grocers. As a result, shoppers are purchasing more of such grocery items including food, drinks and toiletries, with sales volumes increasing year-on-year for the eighth quarter in a row, Nielsen data [...]
Brexit could cut sterling by 15 per cent and cost 800k jobs, says Treasury May 23, 2016 A vote to leave the European Union could see the UK's economy hit by a recession, a spike in inflation and a rise in unemployment, according to government figures. While business secretary Sajid Javid earlier warned that 500,000 jobs would be at risk, Treasury figures now estimate that in a "severe shock" scenario, unemployment would rise by around [...]
Investors set to vote for Brexit as one in five are now deferring investments ahead of the EU Referendum May 23, 2016 NULL
Now you can live on the site where Star Wars, ET and Superman were produced as Denham Film Studios is converted into homes May 23, 2016 Weston Homes has bought the legendary Denham Film Studios in Buckinghamshire, and is transforming the studio once used by Hollywood film directors into a £120m Art Deco residential address. Directors including Stanley Kubrick and Steven Spielberg have used the site for crafting their blockbusters – and soon you could live there. The "mini-Beverly Hills" will provide 224 converted [...]
Will M&S sharpen up its fashion arm? Analysts forecast profit rise as chief Steve Rowe expected announce a bumpy road to recovery May 23, 2016 Marks and Spencer may want to give its clothing lines a makeover as analysts predict a rocky road to recovery. The 132-year old retailer, which has seen its fashion division fall out of favour with the public in recent years, is expected to report a two per cent rise in pre-tax profits, but analysts suggest that [...]
Who are the seven bidders vying for Tata Steel’s UK assets? May 23, 2016 Today is the deadline for the submission of final bids for Tata Steel's UK assets, which include Port Talbot, as well as sites at Newport and Rotherham. Seven bidders are expected to present to Tata's board in Mumbai on Wednesday, however and the most likely next step will be to form a shortlist of candidates. Excalibur Steel Excalibur, [...]
Can AI be creative? Google wants to find out May 23, 2016 First they came for the manual tasks, now they're eyeing up the careers of musicians, art directors and other creative types – will robots and artificial intelligence leave any jobs for us humans? Google's latest project, Magenta, will explore the possibility of machines learning creativity, leaving anyone thinking the rise of the robots would give us all time [...]
This alcohol monitoring Skyn wristband from BACtrack might help you avoid hangovers May 23, 2016 It might feel like Friday is a long way away, but if you're still feeling the hangover pain from the weekend and don't want to overdo it in future, science may have just created the product for you. BACtrack, a medical device maker based in San Fransisco that also develops breathalyzers, has won a $200,000 US national contest [...]
Card is king? The UK is closer than ever to being a cashless society May 23, 2016 The old adage that cash is king is about to be kicked into the long grass, new research suggested this morning – with card payments about to whoosh ahead of cash payments. A study by Payments UK found although cash is still the biggest method of payment – some 45 per cent of all UK [...]
Chairman of BIS select committee unimpressed by evidence given on BHS so far May 23, 2016 As the inquiry into the collapse of BHS continues today, chairman of the Business, Innovation and Skills Select Committee has said he is "not impressed" by the people who have given evidence so far. Iain Wright, Labour chair of the committee looking into the sale and acquisition of BHS, told BBC 5live's Wake up to [...]