Elon Musk’s brain chip company to start trials in humans in next six months December 1, 2022 Elon Musk’s ambitious brain chip company Neuralink is hoping to begin human trials in the next six months. Neuralink had initially planned to start trials in human brains later this year, but Musk announced today that that plan has been pushed back into 2023. “We are now confident that the Neuralink device is ready for [...]
UK sets aside £9.2m to train Brits to make homes more energy efficient December 1, 2022 The UK government has set aside £9.2m to train Brits to make homes more energy efficient. Nearly 9,000 training free or heavily subsidised courses are set to be run across England for heat pump and energy efficiency installers, the government announced today. The global housing sector produces around 40 per cent of the world’s emissions. [...]
Citi and Morgan Stanley cut price targets for GSK following weeks of setbacks December 1, 2022 GlaxoSmithKline (GSK) has rattled the faith of two of the world’s biggest banks, which cut their share price forecasts for the British pharmaceutical giant this week. The London-listed pharma firm faced a double-barrelled setback to its oncology efforts in November, which has put banks and investors on more cautious footing. Citigroup earlier today slashed [...]
Poor public health is weighing heavily on British economy, say doctors December 1, 2022 The poor health of the British public is weighing heavily on the economy as the country dives into a recession. Around 400,000 Brits are currently out of work due to long-term sickness, according to the latest from the Office for National Statistics. Next year, Britain will become the only developed country with fewer people in [...]
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. [...]
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 [...]
UK house prices fall by £4.5k since October amid ‘sharply’ slowing growth December 1, 2022 House price growth in the UK slowed “sharply” last month, representing the biggest monthly drop in value since June 2020, according to the latest data. The average cost of a home has fallen by 1.4 per cent since October – the equivalent of around £4,500, to £263,788, Nationwide’s house price index has revealed. Across the [...]
Mulberry feels the chill of recession as boss calls for VAT-free shopping to boost tourist sales November 30, 2022 High-end accessories retailer Mulberry is beginning to feel the effects of the cost of living crisis and recession in the UK, with sales and revenue slipping over the past six months. Sales at its London stores on Bond St and Regent St have been hit hard by affluent tourists from the US and the Arab [...]
London not ‘hottest’ cannabis market in Europe but hope lies in CBD November 29, 2022 The UK government should capitalise on its efforts in medical cannabis research if it wants to keep up with the budding market growing across Europe. The country currently has the second-largest cannabis market in Europe, behind only France, and worth around $150m (£125m), according to a white paper by investment bank Bryan Garnier today. The estimated value is far [...]
EasyJet boss Johan Lundgren: Brits will continue to travel amid cost-of-living crisis November 29, 2022 Brits will continue to travel amidst the current cost-of-living crisis, according to Easyjet’s boss Johan Lundgren. The chief executive said that, despite limited visibility, the carrier is already seeing a strong demand for next year. “We have relatively low visibility overall, but we do see in general there is a strong demand and quite [a [...]