Government must avoid ‘cliff edge’ after cutting energy support package October 17, 2022 The Government must ease support for households to prevent them facing a sudden uptick in their energy bills, warned the BEIS chair.
Investment fraud soars to nearly £1bn as criminals increasingly exploit social media October 17, 2022 Almost £900m has been lost to investment fraud in the past year, as police warn about the rise in the use of social media for bogus schemes. The lure of so-called ‘get rich quick’ initiatives have become “rife” during the cost of living crisis, as millions look for fix to their finanical woes. In a [...]
EU urged to ramp up EV support to fend off China’s advance October 17, 2022 The EU was urged to ramp up its economic support for the electric vehicle (EV) transition if it wants to fend off China’s advance into the market. A study published today by European NGO Transport & Environment shows that EV sales in the continent slowed down over the last few months, going down from 13 [...]
Kanye West snaps up free speech social media firm Parler in bid to ‘change the world’ October 17, 2022 Kanye West is set to buy right-wing social media app Parler, with the vision to “change the world” with a new free speech vision. Parler was banned by both Google and Apple in 2021 after it was used during the Capitol riots in Washington DC. It was accused of the proliferation of posts on violent political [...]
Seraphim asset values rocket a third as eyes of defence sector fall to satellites October 17, 2022 Seraphim Space has helped grow the value of its assets by more than a third in the year following its £180m London IPO, despite an economic downturn weighing on tech stocks across the globe. The value of assets under the wing of the London space investment trust, said to be the first of its kind, [...]
Matalan secures deadline extension for £350m debt payment October 17, 2022 Matalan has announced that its debt payments have been kicked back several months, buying the high street retailer more time to find cash. The discount clothes retailer said that a January deadline to refinance £350m of debt has been pushed back to July. Matalan described the update as “an important milestone” in its recapitalisation plan [...]
This Is Why Imposter Syndrome Is Worse For Remote Workers October 17, 2022 If you’ve ever had that stomach-clenching sense of inadequacy about work; you know, the one that precedes the little voice in your head that tells you that you’re no good at your job, you’re going to be found out any minute now, and that no one rates you, then you’ll be familiar with imposter syndrome. [...]
Exclusive: ‘Price cap not fit for purpose’ as Government slashes support October 17, 2022 The energy price cap is "no longer fit for the purpose" and should be reviewed, argued energy specialist Cornwall Insight.
VAT free shopping U-turn ‘major blow’ for West End as tourists shun London for Paris and Milan October 17, 2022 Scrapping VAT free shopping for tourists is a “major blow” for London and the country’s economy, a group representing luxury stores in the West End and other retail hotspots has said. Paul Barnes, chief executive of the Association of International Retail (AIR) – whose members range from Bicester Village to Heathrow Airport – told CityA.M. the [...]
Promising research on synthetic corneas from London university October 17, 2022 Aisha Memon, graduate from University College London and Dr Hirak Patra, Associate Professor of Nanomedicine and Regenerative Medicine at the University College London. The cornea is an avascular and clear structure present in the anterior part of the eye. It is responsible for mechanical support and protection as well as for light refraction, making it [...]
