Behind the story: Boris Johnson and the false Savile claim against Starmer February 2, 2022 Boris Johnson, hardly a man for backing down, apologised on Monday for the allegations of parties in No10. The words had hardly escaped his mouth when he wound up in another scrap, this time after repeating a false claim – originally pedalled by right wing conspiracy memes – that Keir Starmer had failed to prosecute [...]
Microgravity as a service: Commercial space sector gets NASA green light February 2, 2022 Microgravity is increasingly widening the benefits of space, allowing scientists to manipulate materials and elements in ways that are impossible on Earth. However, there is limited investment in microgravity as a commercial sector. Used frequently by astronauts within the International Space Station (ISS), what it could mean for the UK’s pharmaceutical industry is yet to [...]
El Salvador enlists US firm to fix government issued Bitcoin wallets February 2, 2022 El Salvador is enlisting US technological expertise to help fix bugs causing government issued bitcoin wallets to malfunction.
RAC backs campaign to end ‘unfair’ VAT on public EV charging February 2, 2022 Automotive services firm RAC has backed a national campaign to end the ‘unfair’ VAT on public electric vehicle (EV) charging, which sees EV drivers pay four times more for electricity. According to the FairCharge campaign, VAT on domestic electricity is charged at 5 per cent while motorists using public charges pay 20 per cent of [...]
Sony raises profit guidance after Spider Man provides a boost February 2, 2022 Sony Group raised its profit guidance for the year by 15 per cent today after third quarter earnings smashed analyst estimates following the success of Spider-Man: No Way Home.
Middle-class favourite Ocado leads FTSE 100 higher February 2, 2022 London markets climbed this morning as middle-class favourite and online supermarket Ocado leads the FTSE 100 higher. The capital’s premier FTSE 100 index added 0.47 per cent to reach 7,571.48 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, gained 0.72 per cent to hit 22,327.31 [...]
16 years of returns: History’s lesson for investors February 2, 2022 This graphic shows the best and worst performing assets each year since 2006, and shows the powerful benefits of diversifying your investments. The temptation among investors is to stick with what you know. That is no bad thing. It is a strategy championed by successful investment pioneers such as Warren Buffett, a famous devotee of [...]
Playtech investors block £2.7bn Aristocrat takeover bid February 2, 2022 The contest to snap up Playtech has taken a fresh turn with shareholders on track to block a takeover bid approved by the board.
It pays to be kind: Ethical companies raise cash over 20 per cent faster February 2, 2022 Ethical companies are completing funding rounds around 22 per cent faster than traditional firms, according to the latest research. Firms focussed on environment, social and governance (ESG) matters round off their fundraiser’s in 17 days on average, compared with 22 for businesses that are not, crowdfunding platform Crowdcube found. With nearly 75 per cent of [...]
Amazon adds 25,000 workers amid e-commerce boom February 2, 2022 Amazon added 25,000 British workers to its payroll last year as booming demand for e-commerce led to a surge in recruitment at fulfilment and sorting centres.