Low-cost energy generation may no longer be winning factor for renewable auctions under government overhaul April 18, 2023 Applications for renewable projects could soon be assessed on their contributions to the wider green industry, rather than just prices.
US says G7 will resist Chinese ‘coercion’ as Taiwan tensions heighten, per reports April 18, 2023 A US official has said the G7 nations will resist any “coercion” from China during a key summit in Japan, as tensions heighten over Taiwan, according to reports. Foreign ministers from the Group of Seven countries – the UK, the US, Germany, France, Japan, Canada and Italy – are meeting in the central Japanese city [...]
Artificial intelligence is transforming our music, starting with Kanye West April 18, 2023 Kanye West has never sung Hey There Delilah, yet there's his cover of the song online. It's been made using AI, and it's exemplary of how the technology is rocking the music industry, writes Elena Siniscalco
We have the history to attract investment, now we need the reforms to the City too April 18, 2023 London has the benefits of proximity to Europe, the English language and the common law. But to keep business investment coming to our shores, we need to push ahead with new reforms, writes Andrew Griffith Is the UK the best place in the world for business? Absolutely. For over 400 years, the UK has pioneered [...]
As supermarkets rake in profits, Goldilocks would go hungry on the cost of oats April 18, 2023 The price of food is one of the main factors driving double-digit inflation. It keeps on going up, that's why industry leaders must finally step up to protect supermarkets' customers, writes Sue Davies
Fruitlab lists on Uniswap with ‘engage and earn’ model April 17, 2023 Uniswap has today listed blockchain gaming platform Fruitlab Media's 'PIP' token as the London-based company focuses on 'engage-and-earn'.
EY’s US unit to cut 3,000 jobs after failed split – but UK division won’t follow suit April 17, 2023 EY’s US unit announced today that it will cut some 3,000 jobs after the Big Four accounting firm dropped its plan to separate its consulting and audit divisions. EY’s global executive committee announced last week that it had ditched the plan, known as ‘Project Everest’, following opposition from the US unit. EY’s US unit today said [...]
Row between Viceroy and Labour MP escalates as short seller files complaint with parliament April 17, 2023 A row between short seller Viceroy Research and Labour MP Liam Byrne escalated today after the short seller lodged a complaint with parliament after Byrne suggested that the firm has ties to the Kremlin. In a parliamentary debate last month, the MP for Birmingham Hodge Hill called for an investigation into “the activities of short-selling [...]
Retail groups call for business rates reform to save Britain’s high streets April 17, 2023 Retail and hospitality groups have called for urgent reform of business rates, which are contributing to shop closures and job losses. “Retail accounts for 5 per cent of the economy but pays more than one-fifth of business rates,” Helen Dickinson, British Retail Consortium (BRC) chief executive, said. “The overall industry tax take is unsustainably high [...]
Shares in Royal Mail owner jump 7 per cent after pay deal with union April 17, 2023 Shares in Royal Mail’s parent company, International Distribution Services, closed up almost 7 per cent today after reaching an agreement with striking workers. In a joint statement released on Monday, Royal Mail and the Communication Workers Union (CWU) announced they had reached an agreement “in principle.” “The proposed agreement will now be considered by the [...]
