Apple co-founder Wozniak files bitcoin scam lawsuit against Youtube July 23, 2020 Apple co-founder Steve Wozniak is leading a lawsuit launched by tech entrepreneurs against Google and its video site Youtube, over a series of bitcoin scams which use his name and image. Wozniak has accused Youtube of failing to deal with the problem, and ignoring his requests to have the videos taken down. The scam, which [...]
US jobless claims rise for first time in four months as coronavirus spreads July 23, 2020 The number of Americans making new jobless claims climbed last week for the first time since the economy began to crash at the end of March, in a sign the US’s recovery is cooling off. Slightly more than 1.4m Americans made a new jobless claim last week, up 109,000 from the week before. It was [...]
Brexit: UK-EU free trade deal ‘now unlikely’ after last round of talks July 23, 2020 It is “now unlikely” the UK and EU will agree to a free trade deal before the 31 December deadline, according to the EU’s chief negotiator Michel Barnier. UK chief negotiator David Frost also said a no trade deal exit from the EU’s single market and customs union was a real possibility now, but that [...]
Fear of coronavirus likely to ‘drag’ on UK economy, says BoE official July 23, 2020 People’s fear of catching coronavirus is likely to stop them from going out to spend normally and “drag on the economy,” a Bank of England policymaker has said. Jonathan Haskel, a member of the Bank’s monetary policy committee (MPC), said the “path of recovery” therefore depends on public and private health measures bringing coronavirus under [...]
The “margarita moped” could be coming to your door – but you need to be quick July 23, 2020 This Friday marks National Tequila Day – and to celebrate, mixer brand Two Keys has teamed up with Patron to bring the bar to your door. The “Margarita Moped” will turn up at ten winners’ homes – complete with Liam Cotter, bar manager at Hawksmoor, who will whip up a perfectly poured Two Keys margarita [...]
Petropavlovsk gold sales surge amid boardroom strife July 23, 2020 Gold miner Petropavlovsk said that total sales had risen 39 per cent in the first half of the year despite an ongoing battle for control of the Russia-focused firm’s board. Shares shot up over 20 per cent on the back of the results, which the firm said was down to the performance of a new [...]
Twitter suffers advertising revenue slump amid pandemic and US protests July 23, 2020 Twitter suffered a 23 per cent slump in advertising revenue in the second quarter due to the coronavirus pandemic and civil unrest in the US. The social media giant said today that advertising revenue was $562m, down 23 per cent year-on-year. The company said it had seen a “gradual, moderate recovery” compared to March, however [...]
US senators warn that UK digital sales tax could stop free trade deal July 23, 2020 Senior members of the US Senate’s finance committee have warned that the new UK digital sales tax could be a major barrier to a future free trade deal. Republican Chuck Grassley and Democrat Ron Wyden said the new levy “unnecessarily complicates the path forward for a US-UK trade deal”, while also calling for the UK [...]
Record UK manufacturing slump continues but optimism grows July 23, 2020 The decline in UK manufacturing orders eased somewhat in July but the sector remained mired in its deepest downturn on record, according to a closely watched survey. The CBI industrial trends survey’s gauge of total orders rose to minus 46 in July from minus 58 in June. That was its highest reading since March but [...]
A four-step approach to optimise your innovation funding July 23, 2020 The landscape of innovation grants, funding and tax credits can be overwhelming. We explore how companies can make the most of the funding options available to them. With a host of new innovation funds being made available across a number of sectors and HMRC committing to accelerating payments of research and development (R&D) tax credits, [...]
