“Concerned but not surprised”: Three-quarters of UK landlords and sole traders miss digital tax launch
Iceland shrugs off loss of credit insurance cover saying it is ‘incredibly well positioned’ and expects to reinstate the policy soon February 7, 2023 According to reports first published in The Sunday Times, the French insurer slashed cover for the discount grocer in December - following a similar move by Allianz and Atradidus.
Nintendo vows to ‘energise’ its Switch console offering following £200m cut to full-year forecast February 7, 2023 Nintendo has cut its full year forecast blaming a drop off in demand for its Switch console. The Japanese company has dimmed its full-year forecasts to a net profit of 370bn yen (£2.3bn) for the year ending 31 March, down from 400bn yen (£2.5bn) predicted last November. In the trading update, the video games manufacturer [...]
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 [...]
Nationwide, Virgin Money and TSB rapped by Which? for leaving website and app ‘doors open’ to scammers February 7, 2023 Websites and apps used by customers of some of the UK’s largest banks are missing crucial security protections, potentially leaving “open doors” for scammers, consumer group Which? has claimed. Which? tested the customer-facing security systems of 13 current account providers from September to November 2022, with help from security experts at Red Maple Technologies. Account [...]
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 [...]
Is UK’s digital pound ‘Britcoin’ innovation or a darker kind of 1984-esque state control? February 7, 2023 Nigel Green warns of a dark side to the Bank of England's announcement that it is to 'explore the possibility' of a CBDC branded 'the digital pound'.
Crypto markets holding tight ahead of today’s speech from US Federal Reserve February 7, 2023 The price of Bitcoin was at $23,010 this morning as it continues to weave around the $23,000 mark. Ethereum is trading for $1,640.
BA cancels 50 flights at Heathrow and London City TODAY as fog grounds airline February 7, 2023 British Airways has cancelled a raft of flights at London airports after a the thick layer of fog engulfed the capital. The legacy carrier has axed around 30 flights at Heathrow – between arrivals and departures – after a limit was imposed by air traffic control. While London City Airport was forced to ground or [...]
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 [...]
Honda Civic Type R review: Hatch of the day February 7, 2023 The 2023 Honda Civic Type R might be the best hot hatchback currently on sale. Tim Pitt drives it on the road and racetrack.
