London falls way behind Liverpool and even Dorset when it comes to innovation May 29, 2015 When it comes to creating new technologies, London is a long way behind other cities in the UK, new research has shown. In fact, the capital comes a mere 25th in the rankings of the UK's most innovative places – behind Liverpool, Tees Valley and Dorset. The index, by Enterprise Research Centre, ranks Local [...]
Being cynical about others can stop you progressing in your career May 29, 2015 Being too questioning about other people's motives could be seriously damaging for your success at work, a group of researchers at the University of Cologne in Germany has found. A study published in Journal of Personality and Social Psychology found that by comparing cynicism with average income among people from a range of countries, people [...]
German business group says the UK will receive less investment if it leaves the EU May 29, 2015 The German Chambers of Commerce and Industry has said it is “astonished” that the UK is considering leaving the EU, and that an exit would be “disastrous” for both countries. Volker Treier, deputy chief executive of the group, said scores of German firms could easily end up taking back investment from the UK. The 400,000 [...]
The UK is losing its students to foreign universities May 28, 2015 While international students are coming to the UK at an unprecedented rate, the nation's own students are increasingly choosing to head abroad. Research by the British Council shows how in 2014, 28,640 British students went to study at foreign universities – big increase from 18,105 the year before. And according to its new “broadening [...]
Which country benefits most from economic growth? UK ranks below Ukraine and Russia May 28, 2015 Economic growth is generally considered a positive thing for the people living in that country – it brings jobs, opportunities and usually a higher standard of living. But how much that growth translates into what we can actually experience as improved level of well-being varies from country to country, and it turns out the UK [...]
Humans will be at the mercy of US killer robots in a matter of years, scientist warns May 28, 2015 There's no escape – robots capable of killing people without human intervention are on their way, and we will be utterly defenceless against them. This is the warning issued by Stuart Russell, an Artificial Intelligence (AI) professor at the University of California, Berkley. He says the US military is currently developing robots called Lethal Autonomous [...]
Kingfisher profits knocked by foreign exchange volatility, but share price is up nonetheless May 28, 2015 Currency volatility did Kingfisher no favours in the first quarter of 2015, but investors have not been put off. The figures Sales for the company, which owns B&Q, rose slightly by 0.8 per cent to £2.6m during the first three months of the year. Retail profit was also up by 1.4 per cent at £150m [...]
Tesco share price edges down as shareholder group ramps up legal battle for “substantial” compensation May 28, 2015 A group of Tesco shareholders seeking compensation from the supermarket claim the troubled supermarket "committed serious violations" by overstating its profits. Tesco Shareholder Claims Limited (TSC), which launched proceedings in March this year, argues there is a “strong case” and that the ultimate claim will be “substantial”. Back in September, the supermarket's incoming boss Dave Lewis [...]
Queen’s Speech 2015: Here’s everything that was said about the EU referendum, employment, tax, the Human Rights Act and Scottish devolution May 27, 2015 The EU referendum is on; taxes will be locked in at current levels and strike laws are being reformed. The Queen's Speech has come to an end, and we have been presented with the legislation the government intends to pursue over the coming parliamentary session. While global cooperation, reducing the deficit and sticking to the [...]
EU residents to be banned from having undeclared income in Swiss banks May 27, 2015 The EU and Switzerland have signed a deal to stop EU residents holding undeclared income in Swiss bank accounts. The transparency agreement will be introduced at the start of 2018, and from then on Switzerland and the EU will share information relating to the bank accounts of their respective citizens. This includes names, addresses, [...]
