More than £18bn was added to non-food retail sales by inflation as 80 per cent of retailers prepare to raise prices February 8, 2023 Inflation is set to add £18.2 billion to UK non-food retail sales this year, a report suggests. Sales values are expected to hit £249 billion in 2023, but the 2.6 per cent increase – or an additional £18.2 billion of spending on last year – will be driven entirely by rising consumer prices, according to [...]
Shell wins High Court injunction against Greenpeace protestors occupying oil platform in North Sea February 7, 2023 Shell has won a bid for a new High Court injunction against Greenpeace protesters occupying an oil platform as it is transported to the North Sea. On January 31, four protesters from the environmental campaign group boarded the White Marlin, a heavy-load ship carrying a floating oil and gas platform, as it travelled near the [...]
David Carrick: Rapist Met Police officer sentenced to life in jail February 7, 2023 Rapist Metropolitan Police officer David Carrick will serve at least 30 years behind bars for attacking a dozen women over a 17-year period. In a two-day sentencing hearing, Southwark Crown Court heard how the 48-year-old “monster” used his power and control to carry out a “catalogue of violent and brutal” sex attacks between 2003 and [...]
Boeing to axe 2,000 finance and HR jobs to ‘simplify corporate structure’ February 7, 2023 Boeing expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs. Last month, the Arlington, Virginia-based plane maker announced plans to hire 10,000 workers in 2023 – having hired 15,000 staff the previous year – but said some support positions would be cut. The company confirmed a [...]
Google to launch own version of Microsoft’s ChatGPT: AI will ‘soon’ be integrated into search engine February 7, 2023 Google is launching its own artificial intelligence (AI) chatbot following the success of Microsoft-backed ChatGPT. The company said the product, named Bard, will be released to the public in the coming weeks and will provide written answers to questions in split seconds. AI will also “soon” be integrated into the company’s search engine to provide [...]
SoftBank’s Vision Fund loses £4.6bn as tech rout continues February 7, 2023 Japanese investment giant Softbank swung into the red between October and December, driven down by heavy losses at its flagship Vision Fund. Softbank’s Vision Fund suffered the brunt of a global tech rout that has shaved billions from the value of the world’s largest tech firms. Vision Fund booked a loss on its investments of 730.4bn [...]
Earthquake in Turkey and Syria: UK sends 76-strong team as death toll passes 4,000 and hunt for survivors continues February 7, 2023 The death toll surged past 4,000 as rescuers in Turkey and Syria worked overnight to find more survivors of the 7.8 magnitude earthquake that hit the region early on Monday. Survivors cried out for help from within mountains of debris as first responders contended with rain and snow. Seismic activity continued to rattle the region, [...]
Labour bound ahead in polls with largest lead since Sunak entered No10 February 6, 2023 The Labour Party has bounded ahead in the polls with their largest lead over the Conservatives since Rishi Sunak entered No10 – with the PM getting record low approval ratings from the public. Voters have given Keir Starmer’s party a 26% lead, according to the latest voting intention survey, by Redfield & Wilton Strategies. It [...]
1,900 jobs at risk as clothing chain M&Co bought out of administration and will shutter ALL 170 stores February 6, 2023 The Scottish chain was bought by AK Retail after being put into administration for the second time in December.
Brexit supporters admit leaving EU was a ‘disaster’ after ‘a drink or two’, ex home sec Amber Rudd says February 6, 2023 Former home secretary Amber Rudd has claimed that some Brexiteers, after “a drink or two”, will admit that the decision to leave the EU has been a “disaster”. Ms Rudd, who stood down as an MP in 2019 amid internal Tory Party clashes over the handling of Brexit, also said she could not be in [...]
