The War on Inflation: premature declarations of victory
“The war on inflation is over. We won without paying a high price.” This statement by Nobel Prize-winning economist Paul Krugman in 2008, shared on X (formerly Twitter)…
Continue ReadingCharles Sizemore
British Business Bank has withdrawn COVID-era state guarantees from 10,786 loans
The UK government has reduced the guarantees on nearly £1 billion billion in bank loans provided to struggling businesses during the COVID-19 pandemic. As a result, creditors will…
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UK takes landmark steps in cryptocurrency regulation amid controversy
The UK has made a significant stride towards cryptocurrency regulation by passing a bill designed to grant authorities the power to seize and immobilize digital currencies, including Bitcoin…
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Union Warns of Economic Catastrophe as BT Plans Closure of Highland Call Center
The labour union opposing the imminent shutdown of a call centre in the Scottish Highlands is cautioning that the local economy stands to suffer greatly. British Telecom’s decision…
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Uncovering the obvious: the quality of the UK’s national infrastructure has deteriorated
The state of the UK’s infrastructure has been a growing concern for over two-thirds of the country’s manufacturers, impacting their ability to conduct business effectively, reveals a survey…
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Binance UK has stopped accepting new customer applications
Binance will cease accepting new users from the United Kingdom starting on Monday, October 16th. This decision comes shortly after the introduction of new regulations by the UK…
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Minerals Security Partnership: 15 critical projects are active
A senior U.S. official announced that the United States and its international partners are actively engaged in 15 critical mineral projects geared towards ensuring a stable supply for…
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Snapchat’s AI may be banned in the UK for mishandling of personal data
A preliminary investigation by a British regulatory body has raised concerns about the risk assessment practices related to My AI, a feature on the popular social media platform,…
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Chris Brownridge promoted do CEO of Rolls-Royce Automative
Chris Brownridge, currently the head of BMW UK, is set to take the helm as the CEO of Rolls-Royce starting on the 1st of December. This transition marks…
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In IT, Innovation and Startups
Competition and Markets Authority launched investigation against Amazon and Microsoft clouds
The UK’s Competition and Markets Authority (CMA) has initiated an investigation into the provision of cloud infrastructure services in the United Kingdom, with a primary focus on industry…
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