Rail Partners calls for government to give operators more freedom November 29, 2022 Rail Partners has called for the government to give train operators more freedom to attract back customers. According to the rail association, the current system – introduced during the pandemic and based on contracts instead of franchising – needs to evolve through an increase harnessing of the private sector. Rail Partners has called for a [...]
Use artificial intelligence to navigate volatile economy, audit body says November 29, 2022 Artificial Intelligence (AI) and data analytics tools will play a “key” role in helping auditors navigate the volatile economic conditions the world is facing in the wake of Covid and the war in Ukraine, one of the UK’s largest audit trade bodies has said. The Chartered Institute of Internal Auditors (CIIA) said auditors should “embrace” [...]
Govt boots legal but harmful provision from online safety bill November 28, 2022 The “legal but harmful” provision has been formally scrapped from the online safety bill, in a push to water down moderation and put greater focus on free speech protection. The provision, which would have allowed tech firms to remove content that wasn’t actually illegal, sparked controversy across free speech advocates raising concerns around overcensorship. However, [...]
Rishi Sunak calls for more ‘diplomacy and engagement’ with China November 28, 2022 Rishi Sunak has said the UK needs to “evolve its approach” toward China as he signals closer “diplomacy and engagement” with the burgeoning super power. The Prime Minister told the Lord Mayor’s banquet at Guildhall tonight that the “golden era” of UK-China relations pushed by David Cameron “is over”, but that the UK must not [...]
National Grid avoids emergency blackout measures in supply scramble November 28, 2022 National Grid opted against implementing emergency measures to stave off blackouts tomorrow, amid supply shortages from France.
Energy firms warned over rising bills November 28, 2022 Energy firms have been slammed for a lack of engagement with businesses and households over record energy bills.
Mayhem in Chinese hub could mean 6m iPhones losses for Apple November 28, 2022 Mayhem at Apple’s key iPhone hub could mean that six million Pros models are lost this year, in a major blow to the tech firm in the run up to the all-important Christmas period. Production has been stunted by protests at Foxconn Technology’s Zhengzhou production factory over the past few weeks, as well as impending [...]
Volkswagen’s boss ‘very concerned’ about EU losing industrial attractiveness November 28, 2022 Volkswagen’s boss Thomas Schafer is very concerned about the EU and Germany losing their industrial attractiveness due to surging energy costs. “We are treading water,” he wrote in a LinkedIn post on Monday. “I am very concerned about the current development regarding investments in the industry’s transformation.” According to Schafer – who has been at [...]
China crackdown weighs on London’s FTSE 100 November 28, 2022 London’s FTSE 100 was today weighed down by fears Chinese authorities could drag down global growth by responding forcefully to protests against the country’s zero-Covid policy. The capital’s premier index dropped 0.17 per cent to 7474.01 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, [...]
Markets Week Ahead November 28, 2022 Last Week After a slightly mixed week last week not providing much direction, or trading opportunities, we will hopefully get some more viable trade ideas in the coming week. The one big move we did have last week came from the oil market, and we are through the lows again to start the week. Ongoing [...]
