London businesses shelve hiring plans amid UK recession uncertainty March 8, 2023 London businesses are the most reluctant to take on new staff in the UK due to uncertainty over whether the country will eventually tip into recession, a closely watched survey out today reveals. The capital’s firms are trimming intentions to expand their workforce due to concerns over a looming drop in consumer spending amid the [...]
Twitter’s doom loop will banish us to even more politically partisan corners March 8, 2023 Every time Elon Musk tries to fix one problem at Twitter, but if Twitter does die, we will lose a good deal of humour and a genuinely useful platform, writes Josh Williams.
Toblerone doesn’t need the Matterhorn to scale the heights of chocolatier success March 8, 2023 Toblerone is having to renounce to the iconic Mattherhorn on its branding. But people will still love it, because it's not the mountain making it special: it's the chocolate, writes Jim Prior
We should be concerned about privacy – but we still need to introduce digital IDs March 8, 2023 Some people are very sceptical about the concept of digital identity. But digital IDs are more of an infrastructure than anything else - one that would make accessing public services a lot easier, writes Rosie Beacon
Fintech Railsr says sale is ‘around the corner’ amid financial troubles March 7, 2023 Beleaguered embedded banking firm Railsr said a sale was “around the corner” today as it scrambles to find new ownership amid regulatory scrutiny and financial troubles. Railsr, previously regarded as a darling of the UK’s fintech scene, has been hunting for a buyer over the past few months as funding has dried up. Bloomberg reported [...]
UK fires up coal plants to keep country’s lights on amid cold winter snap March 7, 2023 National Grid is relying on coal to keep the lights on as a cold snap and planned nuclear shutdowns in France put pressure on the UK.
Migrants arriving on small boats to be detained and removed ‘within weeks’, government says March 7, 2023 Migrants arriving in the UK on small boats from across the Channel will be detained and removed “within weeks”, under stringent new laws set out by the government. Home secretary Suella Braverman unveiled the Illegal Migration Bill in Parliament today, telling MPs there had been a 500 per cent increase in the dangerous journeys in [...]
UK commits £76m of dormant assets to tackle cost of living crisis March 7, 2023 The government has committed £76m of dormant assets to go towards tackling the cost of living crisis as it seeks to unlock over £800m for community funding over the next few years. The Department for Culture, Media and Sport (DCMS) confirmed today that an initial £76m will be distributed to 69,000 people under the Dormant [...]
Almost all London councils set to raise taxes as funding situation becomes ‘unsustainable’ March 7, 2023 More than half of local councils in England are set to make cuts to services while raising council tax by the highest possible amount amid an “unsustainable” funding system. A fifth of London councils say budget cuts will be evident to the public and almost 95 per cent will raise residents’ council tax bills, the [...]
Malware attacks on UK government devices up by 75 per cent, report reveals March 7, 2023 Malware attacks on UK government ‘internet of things’ devices have risen by 75 per cent, a new report has revealed. Attempted attacks on the so-called internet of things (IoT) devices used by UK government facilities and departments jumped from 38,334 in 2021 to 67,324 in 2022, according to a report by US cybersecurity company Sonicwall. [...]