Finalist November 9, 2022 Start-up of the Year supported by World Mobile Swash Swash is reinventing data ownership through new incentivisation streams and a collaborativedevelopment framework, governed by the ethos of Web 3. It enables individuals, developers, and businesses to cultivate new realities of data ownership and value creation. It is the largest data unionin the market with over [...]
Sir Gavin Williamson resigns as minister after bullying allegations November 8, 2022 Sir Gavin Williamson has resigned as a government minister after a series of bullying allegations were lodged against him. In his resignation letter this evening, Williamson said he wished to clear him name of “any wrongdoing” and “refuted” how his “past conduct” had been characterised. He said the claims against him were “becoming a distraction [...]
Exclusive: Industry body slams UK-US LNG deal following fracking snub November 8, 2022 UKOOG has hammered the Government's decision to chase a long-term LNG deal with the US, while banning fracking.
Boost energy efficiency to tackle climate change, says Schneider Electric November 8, 2022 There needs to be more of a focus on less exciting parts of the green transition, argued a leading analyst at Schneider Electric.
Bank of England not to blame for looming record recession, chief economist stresses November 8, 2022 The Bank of England is not to blame for the UK fumbling into the longest recession since records began and rate setters are not “inflation nutters,” its chief economist said today. Huw Pill, who replaced Andy Haldane last year as Threadneedle Street’s top wonk, said the UK’s slowdown is being “driven by other forces” beyond [...]
Barry’s: Office return to City comes ‘hand in hand’ with thriving fitness industry November 8, 2022 The return of office workers and recovery of the fitness sector come “hand in hand”, according to Barry’s Bootcamp London co-founder Sandy Macaskill. Gym-goers’ routines were set off course during the pandemic with “stop-start” closures hitting the fitness industry hard over the past three years. For the head of Barry’s, which has seven studios in London [...]
Mass layoffs at Meta: Is Facebook’s ‘absolute monarch’ Mark Zuckerberg finally listening? November 8, 2022 Facebook-owner Meta did not do well with investors during and after the latest earnings releases. Large institutional investors concluded that founder Mark Zuckerberg is not listening to investor concerns over capital expenditure plans for next year and ballooning operating expenses. But the Wall Street Journal is writing that Meta is now planning a large layoff [...]
UK closes in on mega LNG deal with US to stave off blackout fears November 8, 2022 The UK is set to finalise a major gas deal with the US after the COP27 climate change summit in Egypt this month.
Primark owner takes £1bn extra inflation hit amid ‘most challenging’ economy for many years November 8, 2022 Primark owner Associated British Foods (ABF) saw inflationary costs leap by £1bn this year alone, as it weathers “highly volatile” economic conditions and hopes to retain shoppers with its low prices. The chairman of the fashion and food business, Michael McLintock, said ABF had “encountered the most challenging economic conditions for many years with sharply [...]
‘Slit your throat’: Things looking increasingly ugly for Gavin Williamson as shock allegations pile up November 8, 2022 Pressure is mounting on both Prime Minister Rishi Sunak as well as former Education Secretary Gavin as new allegations about the behaviour of the latter have come to light. Williamson allegedly told a senior civil servant to “slit your throat” in what they claimed was a bullying campaign while he was defence secretary. As a [...]