New data reveals 12m European jobs could be lost to automation by 2040 January 18, 2022 Research firm Forrester has forecasted that 12 million jobs will be lost to automation across Europe by 2040, with 34 per cent of European jobs at risk.
High Court throws out climate activist challenge to Oil and Gas Authority January 18, 2022 The High Court has reportedly thrown out a case brought by climate activists against the UK's oil and gas authority.
London Covid-19 cases fall as health secretary mulls Plan B recall January 18, 2022 Covid-19 cases in London boroughs have shrunk by as much as half in some areas, according to the latest figures, as the health secretary looks to dial back restrictions. Cases in Havering dropped 54.3 per cent in the week to January 12, while 12 other boroughs have seen falls of more than 40 per cent. [...]
Johnson denies ‘lying to parliament’ over Downing Street parties scandal January 18, 2022 Boris Johnson has denied claims by Dominic Cummings that he “lied to parliament” last week when he said he thought a lockdown-breaking Downing Street party was a work event. Johnson today said that “nobody told me and said that this was something that was against the rules”. The Prime Minister last week all but admitted [...]
Wall Street titan Goldman Sachs misses profit expectations on weak trading revenue January 18, 2022 One of Wall Street’s top investment banks, Goldman Sachs, has missed profit expectations on weak trading activity. A bumper period of takeover volumes was overshadowed by a seven per cent reduction in Goldman’s global markets arm, the lender announced today. Profits applicable to common shareholders for the three months to December came in at $3.8bn [...]
Shipment delays for China to Europe routes soar as Omicron disruption anticipated to continue January 18, 2022 Shipment delays on China to Europe routes skyrocketed last year, with concerns that supply chain challenges could continue well into 2022. Data from supply chain visibility platform project44 found that delays on these key routes increased to 1.65 days in 2021, up 172 per cent compared to 2020. What’s more, the average 2021 shipment delays [...]
Crypto company BitMEX makes bid for one of Germany’s oldest banks January 18, 2022 Bitmex has announced plans to snap up Germany's 268-year-old Bankhaus von der Heydt to create a digital assets "powerhouse" in Europe.
Crypto.com boosts venture capital arm to $500m to back Web 3.0′ startups January 18, 2022 Crypto exchange Crypto.com has bolstered its venture capital arm’s fund size to $500m.
UK-built Mars rover passes pre-flight tests with flying colours January 18, 2022 The European Space Agency’s Mars rover has passed all its tests, making it ready for launch in September. The Rosalind Franklin rover, built by Airbus in the UK, has some ‘minor tuning’ left but will be ready to search for signs of life on Mars in the near future. Head of Space Exploration at the [...]
Half of UK motorists plan to buy a car in 2022 January 18, 2022 Around 49 per cent of UK motorists plan to buy a car this year, according to research from Close Brothers Motor Finance (CBMF). A third of car owners have stated they will go for a new model, while 18 per cent have said they will buy second-hand. As a result of the pandemic, UK adults [...]