Environmental terms confuse Brits and make them wary of greenwashing says ad watchdog October 20, 2022 The advertising regulator has called for greater standardisation of environmental terms after it found that many Brits struggled to understand what terms like “net zero” actually mean. In a report published by the Advertising Standards Authority (ASA) this morning, it said that while “carbon neutral” and “net zero” were the most familiar phrases, there was [...]
Truss won’t be the first or the last to U-turn, but she taught us how not to do it October 20, 2022 It has been less than four weeks since the disastrous mini-budget, followed by a series of screeching U-turns in government policy. It’s made for sickeningly compelling viewing, partly because most of us have, at times, experienced our own shocking about-turns and forced mea culpas. We can all relate. And the next 12 months look likely [...]
Let’s be honest, the competition watchdog shouldn’t care about Meta buying Giphy October 20, 2022 On Tuesday, the Competition and Markets Authority (CMA) blocked Meta’s acquisition of Giphy, a gif search engine. This ruling risks undermining London’s status as the digital capital of Europe — threatening innovation, job creation and economic growth. And yet, they did it anyway. The CMA had two justifications for blocking the acquisition. The first was [...]
Spam sales up nearly 40 per cent at Waitrose as price hikes bite October 20, 2022 BRITAIN’S DISCOUNT retailers are set for a winter windfall – with even Waitrose shoppers turning to spam and fish heads as the cost of living crisis bites. The sales of both have risen more than a third at the high-end supermarket over the past year, the firm confirmed overnight. Analysts reckon budget grocers like Aldi [...]
Food price hikes will become baked in if we can’t choose a fiscal policy and stick with it October 20, 2022 Yesterday marked a grim milestone. Food and drink price inflation hit its highest recorded level since the 1980s. In the year to September, it has jumped to 14.6 per cent and the rise in food prices has helped push overall inflation over 10 per cent. What’s more, it hasn’t peaked yet – prices will certainly [...]
Letters: About those supply reforms October 20, 2022 [Re: UK house prices rise by an average £36,000 in just 12-months, Oct 19] It is shocking that the average cost of a home in the UK has jumped more than the average Brits’ annual salary. House prices mean that buying a home is out of reach for many, and we have seen this across [...]
UK will miss net zero target if it fails chips industry, says Cognizant exec October 20, 2022 The government will miss its net zero target by 2050 if it fails to prioritise its semiconductor industry, the UK boss of US tech giant Cognizant has warned. Chips, used in most of today’s electronics, are critical in the green transition – from smart metres to windfarms – but are currently in short supply worldwide [...]
Truss government in complete chaos as she vows to fight on October 19, 2022 After vowing she was a “fighter” today, Liz Truss’ premiership looked more unstable than ever following the resignation of a senior cabinet minister and chaotic scenes in parliament earlier tonight. Home secretary Suella Braverman was sacked earlier in the day for a security breach, sparking an attack from the right-winger on the embattled PM. Braverman, [...]
Crypto has ‘serious deficiencies in governance’, warns Bank of England official October 19, 2022 A Bank of England official warned there are “serious deficiencies in governance” in the crypto ecosystem today as she laid out a vision for the industry to win back trust from investors.
‘The year of easy money is over’ for science and tech firms, says Edison director October 19, 2022 “The year of easy money is over” for listed science and technology firms, the executive director of investment research group Edison has said, six months after a global tech selloff rattled industries. Investors shed stakes in science and technology firms throughout March and April of this year, following an investment boom during the height of [...]
