European scientists get one step closer to fusion energy February 9, 2022 The UK’s JET laboratory has beaten its own world record for the amount of energy it can pull out of two forms of hydrogen in the race for fusion power. Nuclear fusion, the energy reaction that powers stars, could be the pathway to unlimited low-carbon, low-radiation energy on Earth. While the power European scientists produced [...]
Australian pension scheme gears up for £23bn UK investment spree February 9, 2022 Australia’s largest pension scheme has outlined plans to pump £23bn into the UK and Europe over the next five years as it looks to double the value of its UK assets. AustralianSuper, which manages A$244bn (£128Bn) for around 2.5m savers, says it plans to ramp up its UK asset value from £7bbn to more than [...]
CBDC pilot: Payments industry group to launch trial for UK digital currency February 9, 2022 A consortium of businesses from within the payments industry is launching a CBDC pilot to support the development of a digital pound.
Oil prices stall amid talks of Iran-US deal February 9, 2022 Oil prices are hovering around $90 per barrel on both major benchmarks as talks between Iran and the US weighed down prices.
European Central Bank preps lenders for potential Russian cyberattack February 9, 2022 The European Central Bank is reportedly preparing lenders for a possible Russian cyberattack, as analysts warn the move could be used to de-stabilise Ukraine prior to invading. The Bank is on high alert amid rising tensions between Russia and Ukraine, Reuters first reported, having had its sights locked on the rise of scams in the [...]
BRIT Awards NFTs just released – and Adele sells out in minutes February 9, 2022 The BRIT Awards released its first ever NFT collection this afternoon, with 13 editions celebrating last night's 2022 award winners.
Starmer attacks PM and ‘loan shark chancellor’ over Covid fraud February 9, 2022 Sir Keir Starmer has hit out at the government over the billions of pounds lost to Covid fraud, accusing Boris Johnson and Rishi Sunak of “turning a blind eye to scammers”. The Labour leader also labelled Sunak today as the “loan shark chancellor” over his recently unveiled package of measures aimed to reduce household energy [...]
Deloitte to buy up Belfast software developer as it pursues Northern Ireland expansion February 9, 2022 Big Four accountancy giant Deloitte is planning to acquire Belfast based software developer Etain, in a vote confidence in the city of Belfast which will see the firm create Northern Ireland’s biggest AI and data practice. The deal will double the size of Deloitte’s Belfast AI and data practice, and see the Big Four firm [...]
Tesla recalls 26,000 cars over software error while it braces for harassment lawsuit February 9, 2022 Tesla can’t seem to catch a break these days, as it was forced to recall more than 26,000 cars over a software error, while bracing for a potential racism and harassment lawsuit. According to the US agency in charge of automotive safety standards, software errors could cause a valve in the heat pump to open [...]
Chief exec of Co-op Food to take months off role to ‘spend more time’ with sons during exams February 9, 2022 The boss of Co-op’s convenience food business is to temporarily step away from her role to help her sons through their exams. Jo Whitfield, the chief executive of Co-op Food, will take time off for four months from May. Day-to-day responsibilities will be taken on by group CEO Steve Murrells. Co-op Food includes the operation [...]
