Workers lose over £9k of yearly income rises during ‘lost decade’ July 4, 2022 Brits have lost over £9,000 of annual income rises during and just before the “lost decade” after the global financial crisis, reveals a fresh report published today. Typical household income growth has ground to a halt of just 0.7 per cent per year between 2005 and 2020, while incomes surged 2.3 per cent each year [...]
Letters: Fundraising in a recession July 4, 2022 [Re: UK to tip into ‘mild recession’ as cost of living crunch cools spending, June 27] When money gets tight, people rein in their spending. These types of decisions have a social impact as well. When disposable income decreases, people need to make tough decisions across their budgets, and how much they help others is [...]
Patents for driverless car technology rise as makers try to avoid litigation July 4, 2022 Patents for automotive wireless technology submitted by car makers have jumped by 4.9 per cent in the last year, according to research published today. Figures from intellectual property law firm Mathys & Squire went up from 945 in 2020 to 991 – a threefold increase on 2016 levels. According to Mathys & Squire, the reason [...]
Sustainable deliveries: Amazon launch first e-cargo bike fleet in central London July 4, 2022 Amazon deliveries across London are set to become more sustainable from now on, as the e-commerce titan launched today its first fleet of e-cargo bikes and walkers. Stored in Amazon’s Hackney hub, the new fleet will make more than one million deliveries a year across 10 per cent of London’s Ultra Low Emission Zone (ULEZ). [...]
Vasil – the most significant Cardano update since smart contracts – is successfully launched July 4, 2022 Blockchain platform Cardano has successfully completed the first stage in its highly significant Vasil update.
Backing fracking? Landmark report could resurrect lost industry this week July 3, 2022 The revival of domestic fracking could be finalised this week, as Downing Street scrambles to boost domestic energy supplies.
Gove set for decision on Cumbrian coal mine July 3, 2022 The UK's first deep coal mine in more than thirty years could be given the green light this week, with Michael Gove weighing up a decision.
Miserly OPEC and embattled Norwegian offshore workers exacerbate oil supply pressures July 3, 2022 Oil prices recovered ahead of trading this week, arresting a slump driven by recession fears with a two per cent plus uptick across both benchmarks.
James Dyson heaps doubt on UK ambition to be science superpower by 2030 July 3, 2022 Billionaire Sir James Dyson has said the UK government is “not getting there” in reference to its ambition to make the country a science superpower by 2030. The Dyson founder said the UK is “massively underproducing engineers” and that there is no drive to make science a large part of UK culture. Boris Johnson has [...]
Royalty rate rocks for Hipgnosis Songs Fund following US ruling July 3, 2022 Shares in Hipgnosis Songs Fund climbed today after after a fresh court decision effectively meant it will be able to collect a greater royalty rate for music streaming. It comes after the US Copyright Royalty Board upheld its decision regarding the top-line streaming royalty rate for songs, which boosted the percentage of streaming service revenue [...]
