Decentralised open source protocols = freedom January 8, 2023 Dr Kacher explains how Web3 enables decentralised DAOs which offer open source protocols that are funded by DAOs and NFTs.
Covid variant, China invasion of Taiwan and more inflation: What shocks will 2023 bring? January 8, 2023 A new Covid-19 variant that escapes vaccines is among the biggest risks threatening to sharpen the UK recession, City economists surveyed by City A.M. suspect. Asked what wildcard trends could spring up to hit the economy this year, experts warned another deadly strain of the virus spreading is one of the biggest headwinds that would [...]
No crumpets: Warburtons off the shelves at Waitrose for a year after ‘performance’ issues January 8, 2023 AN UNLIKELY corporate row has broken out between Waitrose and Warburtons that has seen the nation’s favourite crumpet pulled from the shelves of the middle class’ supermarket of choice. Waitrose made the call after the Lancashire bakery’s products “didn’t meet our expectations” according to a report in the Telegaph. Warburtons’ chairman James Warburton meanwhile told [...]
Week ahead: UK economy to enter recession in all but name as JP Morgan kicks off earnings season January 8, 2023 The UK economy is set to enter a recession in all but name after official figures out later this week will likely reveal output slumped again in November. Fresh gross domestic product (GDP) numbers, set to be released on Friday, will top London investors’ minds in a week that sees Wall Street banking giants kick [...]
Oil giant Shell warns of earnings slide January 6, 2023 Shell has revealed it will face a hit of around $2bn (£1.7bn) to its latest quarterly earnings due to UK and EU windfall taxes. It comes after bosses at the London-listed oil giant said in October they had not paid any UK windfall taxes amid heavy investment in the North Sea. The firm told investors on [...]
Pubs: As record number predicted to go bust in 2023 hospitality guru urges gov to lift sector from ‘the abyss’ January 6, 2023 A record number of pubs, clubs and restaurants could go to the wall this year without more support, warned a leading industry voice.
Odeon sees Christmas boom as Avatar 2 lures Brits back to the big screen January 5, 2023 Odeon, the UK’s largest cinema chain, welcomed over a million viewers during Christmas thanks to the much anticipated Avatar sequel. Cinemas in the UK have started 2023 on a high note after two rough years, according to new numbers released by Odeon. The return of viewers to the big screen was credited to the release [...]
Musk lifts Twitter ban on political ads but may need to do more to lure advertisers back to the social media site January 5, 2023 Twitter is to lift its ban on political ads after losing nearly a million users since it was bought by Elon Musk in October last year. Musk’s controversial policy of reinstating controversial accounts including that of former US President Donald Trump, led to the reported loss of nearly 50 per cent of Twitter’s top advertisers. [...]
China’s North Sea oil investments pose ‘very real risk to our security’, MPs warn January 5, 2023 MPs across influential bodies in Westminster have urged the Government to clamp down on China’s role in the North Sea.
Lack of prosecutors threatens to worsen England and Wales’ Crown Court backlogs, Criminal Bar Association warns January 5, 2023 A shortage of prosecutors in the UK’s criminal justice system threatens to worsen the backlogs in the country’s Crown Courts, the head of the Criminal Bar Association (CBA) has warned. A record number of criminal cases are now being halted due to a lack of prosecutors willing and able to work, CBA chair Kirsty Brimelow [...]