Greenland looks at blockchain technology for elections October 19, 2022 Greenland has drafted in Concordium together with two universities to examine the possibility of using a blockchain-based election system.
Truss says she’s ‘committed’ to state pension triple lock October 19, 2022 Liz Truss has said she is “committed” to increasing the state pension by the rate of inflation, after Number 10 just yesterday refused to back the triple lock. Truss said during Prime Minister’s Questions (PMQs) that “I am completely committed to the triple lock and so is the chancellor”. Truss’ spokesperson and Jeremy Hunt both refused [...]
Lookahead: Demand questions will take centre stage at Tesla’s quarter report October 19, 2022 Demand issues are expected to take centre stage as Tesla unveils its third quarter report later tonight. Analysts have become increasingly sceptical about the electric vehicle (EV) giant’s ability to weather the storm of soaring inflation rates, sky-high energy bills and demand weaning in China. In a trading update published earlier this month, Tesla reported [...]
Investors launch $5.7tn coalition to force action on public health October 19, 2022 A group of top investors managing $5.7tn are mounting pressure on firms to boost their focus on public health today, amid fears it is sliding off the agenda as an environmental, social and governance (ESG) issue.
Analysis: This shapeshifting inflation surge ain’t over yet October 19, 2022 Today’s inflation figures may have caused a few chairs to be flung at walls in the Bank of England. Prices are up 10.1 per cent over the year to September, above the City’s expectations and up from August. They were in line with the Bank’s forecasts though, a genuine rarity. Remember, the central bank has [...]
Renewable boom eases global emissions, reveals leading climate body October 19, 2022 Global emissions are only expected to grow by under one per cent this year thanks to a renewable boom, according to the IEA.
Bank of England to launch record rate rise to step up fight against 40-year high inflation October 19, 2022 The Bank of England will have to hike interest rates by a record whole percentage point at its meeting on 3 November, City economists are betting today after inflation returned to a 40 year high of 10.1 per cent last month. Prices are still rising sharply despite the Bank already lifting borrowing costs seven times [...]
Regulatory ‘call-in’ powers must not be politicised, City chiefs warn October 19, 2022 Powers allowing ministers to intervene in regulatory matters must not be “politicised” and should only be used “in extremis”, City chiefs have warned today.
Nigerian mobility fintech Moove raises £15m to ramp up UK operations October 19, 2022 Nigerian mobility fintech Moove has raised £15m from asset manager Emso to ramp up operations in the UK. Moove said the financing will help it provide 10,000 electric vehicles to Uber’s fleet as part of its UK launch. This will enable Moove to become Uber’s largest EV provider as the ride hailing giant aims to [...]
Amazon pushes into world of home insurance October 19, 2022 Just when you thought Amazon sold pretty everything, the tech firm announces that it has launched a new home insurance shop. The new offering will allow customers to request and review insurance quotes, select a policy, and then checkout—all on amazon.co.uk The e-commerce giant firm only has three insurers signed up so far, including Ageas [...]