Lamborghini lags behind rivals rolling out first fully-electric car in 2030 January 25, 2022 Italian luxury car maker Lamborghini has announced its first fully electric car – a coupe SUV – will be rolled out in 2030. “Our car will perform at the highest level, but with the peculiarities of an electric vehicle,” the car maker’s chief executive Stephan Winkelmann told Italian news agency ANSA. “It will take some [...]
£150,000 salaries are “out-of-control” and will see lawyers burn out before they hit 30, top in-house lawyer says January 25, 2022 One of Britain’s most prominent in-house lawyers has said the “eye-watering sums” being paid out to newly qualified lawyers have gotten “out-of-control,” whilst claiming that solicitors on £150,000 salaries will burn out “before they hit 30.” The comments come after New York headquartered law firm Milbank last week upped the stakes in the battle for [...]
Three interesting roles you should consider this week January 25, 2022 Are you considering applying for a new role in the next few weeks? We don’t blame you, now is the perfect time to change things up! And we’re here to help. We’ve hand selected a few of the best jobs available on our careers page at the moment, to get the ball rolling… Senior Full [...]
Inflation and supply chain crisis to throttle UK economy, IMF warns January 25, 2022 The global supply crunch and roaring inflation will choke UK growth this year, the world’s economic watchdog warned today. A combination of the supply chain crisis rumbling on and the cost of living corroding Brits’ incomes has prompted the International Monetary Fund (IMF) to downgrade their forecasts for UK economic growth this year to 4.7 [...]
LG and General Motors team up to build new $2.1bn battery plant in the US January 25, 2022 LG Chem has announced that its energy division will join forces with General Motors to build a $2.1bn battery plant in the US.
Audit watchdog is ‘in poor state’, says FRC candidate for chair: ‘This is really not the way to run a regulator’ January 25, 2022 Sir Jan du Plessis, the government’s preferred candidate to head the Financial Reporting Council (FRC), has said the independent regulator is now in a “pretty poor state” due to the failures of its top level managers. Du Plessis, who has previously chaired some of Britain’s major companies including BT and Lloyds TSB, vowed to “address [...]
China built more offshore wind capacity in 2021 than whole world in last five years January 25, 2022 The UK was previously led the world in its offshore capacity – but China has just built more than double that in a single year. China installed 26 gigawatts worth of offshore wind in 2021, according to China’s National Energy Administration, state-broadcaster CCTV reported. It now accounts for around half of the world’s total capacity, [...]
InstaDeep raises $100m to ramp up development of ‘real world’ AI technology January 25, 2022 London-based AI firm InstaDeep has today announced $100m funding injection which it will use to fuel a global expansion and ramp up development of AI technologies.
Google backtracks on cookies plans after ad backlash January 25, 2022 Alphabet Inc's Google announced its second try at enabling advertisers to buy ads based on users' browsing interests without having to rely on what it has described as privacy-invasive tracking cookies.
Analysts forecast record revenues and possible supply chain issues ahead of Tesla results January 25, 2022 Ahead of tomorrow’s full year results, analysts have forecast that while Tesla’s revenue are expected to skyrocket, the car manufacturer could not be exempt from supply chain issues. “I would not be surprised if Tesla has some significant manufacturing challenges, producing the new vehicle structures and new batteries in high volumes,” Sam Abuelsamid, analyst at Guidehouse Insights, [...]
