Waze to tackle women’s safety fears as nights grow longer with new partnership December 1, 2022 Crowd-sourced sat nav app Waze has partnered with a community safety organisation to ease women’s fears of travelling in darkness, as nights grow longer in the UK. The partnership with SafeUP will see nearly 130 registered businesses flagged as ‘safe places’, which offer shelter for women, non-binary and genderqueer people feeling vulnerable when travelling solo. [...]
Ford receives £600m government loan to ramp up UK EV production December 1, 2022 Ford is set to ramp up production of electric vehicles in the UK following a £600m government loan. Through the UK Export Finance funding, the marque will increase its electric vehicle (EV) range from the current two models to nine within the next four years. The loan will boost a £125m investment into Ford’s EV [...]
Warning on UK’s frosty China stance: Beijing could retaliate with supply chain disruption December 1, 2022 There are fresh warnings today about China’s ability to intentionally disrupt international supply chains, with claims the UK could be particularly vulnerable. The Evenstar Institute, a London foreign policy think tank, said in a new report today that “Beijing has repeatedly targeted direct trade for strategic purposes in recent years” and that “the UK is [...]
Price of Bitcoin breaks $17,000 as optimism seeps into crypto markets December 1, 2022 Bitcoin is trading around $17,100 this morning, up another 1.23% in the last day and 3.16% over seven days.
Britain’s factories already in recession on ‘lethal cocktail’ of constraints December 1, 2022 Britain’s factories are already in recession sparked by demand receding as the country’s economy slumps, a closely watched survey out today reveals. S&P Global and the Chartered Institute of Procurement and Supply’s (CIPS) purchasing managers’ index (PMI) inched higher to 46.5 last month from 46.2 in October. Despite the slight rise, the survey remained far [...]
Slashing artworks won’t help the climate fight as much as the oil firms will December 1, 2022 Stop using oil or the Vermeer gets it. That’s the message from our friends at Just Stop Oil, who have somehow transmuted irritation at the use of fossil fuels to anger at the works of the Dutch masters. Yesterday the group said they were set to “escalate” their activity from attaching themselves to artworks to [...]
TfL to invest £8.1bn into London’s road and rail network December 1, 2022 TfL is set to invest £8.1bn into London’s road and rail network as part of its long-term business plan. Set to support London’s economic recovery whilst achieving financial sustainability, the draft plan includes an annual £150m expenditure in safe and active travel, as well as a £110m scrappage scheme. The scrappage scheme will help offset [...]
Explainer-in-brief: Britain is the piggy in the middle of EU-US trade tensions December 1, 2022 Emmanuel Macron is in the US this week to meet President Joe Biden and try to avoid a potential trade war. The subject is green subsidies, part of the colossal Inflation Reduction Act passed by Biden over summer. Biden wants to inject billions of dollars into US-made green technologies, and the EU is worried about [...]
Elon Musk’s Starlink satellite connection to be trialled in UK after bagging licences December 1, 2022 Elon Musk’s Starlink technology is to be trialled in the UK, in a bit to boost connection in rural areas. The web-linked satellites will be deployed to provide connectivity to a few isolated sites, including a 12th-century abbey in the North York Moors National Park and rescue operations in the Lake District and Snowdonia National [...]
Peel Hunt profits plunge 99 per cent amid capital markets slowdown December 1, 2022 Peel Hunt said profits plunged by 99 per cent in the first half of the year as it is hammered by a slump in initial public offerings and volatility on the markets.
