UK car industry warns on no-deal Brexit as manufacturing and investment nosedive January 31, 2019 The UK car industry has warned of the “devastation” a no-deal Brexit would cause as new figures show manufacturing and investment plummeted in 2018. UK car production fell to a six-year low of 1.52m units last year, while investment was slashed almost in half to just £589m, according to the latest data from the Society [...]
Social media sites must take legal responsibility for child safety, states tech committee January 31, 2019 Social media sites must take on legal responsibility for the health and wellbeing of children of their platforms, a parliamentary committee has found. The Science and Technology Committee (STC) today said tech giants such as Facebook, Instagram and Snapchat must be subject to a formal legal duty of care for their users. Read more: Social media [...]
German inflation holds steady amid gloomy outlook for 2019 growth January 30, 2019 Inflation in Germany remained flat in January as the eurozone’s largest economy issued a gloomy forecast for 2019 growth. Consumer prices in Germany rose 1.7 per cent year-on-year, holding steady from the rate in December and in line with estimates from economists polled by Reuters. The figures came shortly after the German government cut its [...]
Gary Neville scores with sale of 50 per cent stake in production company Buzz 16 January 30, 2019 Gary Neville today proved he still has his eye on the ball after selling a 50 per cent stake in his production company Buzz 16 to a London-based marketing firm. The former England and Manchester United footballer has agreed to sell half his company for an undisclosed amount to AIM-listed marketing group Reach 4 Entertainment [...]
Venezuela braced for more protests as Maduro rules out snap election January 30, 2019 Venezuelan president Nicolas Maduro today said he is ready to negotiate with the country’s opposition but dismissed calls for a snap election. The socialist leader said calls for early elections amounted to blackmail and insisted a vote will not take place until 2025, RIA Novosti reported. Read more: Labour leadership accused of 'weasel words' over Venezuela [...]
Software is the UK’s most popular sector for angel investment, report shows January 30, 2019 Software has retained its position as the top sector for angel investment in the UK, a new report has revealed. Software was the best performing sector for both investment and pitches in 2018, according to an analysis of 100,000 businesses by the Angel Investment Network (AIN). Read more: UK fintech Featurespace raises £25m in latest funding [...]
Social media sites should have legal duty over child safety, says children’s commissioner January 30, 2019 Social media platforms must do more to protect children from harmful material on their platforms, the children’s commissioner has said. Anne Longfield today penned an open letter to social media giants urging them to take legal responsibility for the safety of children on their sites. Read more: Facebook tightens ad rules for EU political parties ahead [...]
Heineken completes £2.2m redevelopment of The Gun in Spitalfields January 30, 2019 Heineken has completed the £2.2m redevelopment of historic East End pub The Gun, the company said today. The Gun, which was first opened in 1929, has undergone a radical transformation since closing its doors four years ago. Read more: Fuller's calls time on brewing business as Asahi agrees £250m deal The makeover, carried out with the [...]
Huawei: How the Chinese telecoms spying scandal has impacted the UK January 29, 2019 The scandal rocking Chinese telecoms firm Huawei escalated last night after the US filed a series of criminal charges against it. The US Department of Justice has alleged Huawei of a raft of criminal offences amid fears Chinese authorities could use the company’s equipment for spying. The US, Australia and New Zealand have all banned [...]
Facebook’s popularity among children wanes as social media safety concerns deepen January 29, 2019 Facebook’s popularity among children slipped in 2018 as more young people look to Instagram for their social media updates, according to an Ofcom report. While Facebook remains the most popular social media site among 12 to 15-year-olds, only 31 per cent of people in this age range named it as their main site or app, [...]
