By Jack Barnett London’s FTSE 100 today was weighed down by market sentiment softening after Chinese authorities committed to strict measures to contain Covid-19 breakouts over the weekend. The capital’s premier index dropped 0.48 per cent higher to 7,…
Britishvolt: We did not enter the EV battery market ‘in a race to the bottom’
By Millie Turner Beleaguered battery darling Britishvolt has said that comparing the price points for Chinese and British electric vehicle (EV) batteries is like “comparing apples with pears and not a fair reflection”. The firm responded to claims made…
British households have been worst affected by economic downturn within OECD
By Jack Mendel British households have been worst affected by the global economic downturn amongst richer nations according to new figures released today. The United Kingdom GDP’s since the fourth quarter of 2019 dropped to -1.2, the lowest out of the …
Lenders need to ‘step up’ to support customers, says FCA chief
By Charlie Conchie The City watchdog said lenders need to “step up” to support their customers today as they are battered by soaring mortgage rates and rising prices this year. Speaking at a Treasury Select Committee hearing, Richard Lloyd, the interim…
Deep dive with DreamWorks’ former CTO: ‘Forget social media, the Metaverse tracks people much more intimately’
By Michiel Willems The novel Snow Crash has had the privilege of coining a term that would later become one of the most important words of the 21st century: metaverse. Google search trend data for the term shows an explosion from relative obscurity wit…
Investors bail on GSK following second late-stage disappointment in just weeks
By Millie Turner Investors have bailed out of GlaxoSmithKline (GSK) after the British pharmaceutical booked its second late-trial pipeline disappointment in just a few weeks. GSK’s stock price plunged more than four per cent to £13.48 per share by mid-…
UK minister travels to Taiwan in move that may inflame China tensions
By Stefan Boscia A UK minister will hold trade talks in Taiwan today in a move that may inflame fresh tensions with Beijing. Trade minister Greg Hands will meet with Taiwan President Tsai Ing-wen during the two-day trip to Taipei as the UK tries to clo…
Chelsea 0-1 Arsenal: Gunners restore grip on top spot in the Premier League
By Frank Dalleres The style may have evolved from the days of George Graham but the scoreline is familiar: 1-0 to the Arsenal is a regular sight once more and it’s giving rise to title hopes again. For the fifth time in their last eight games the Gunne…
TMRW Sports: Andy Murray and Lewis Hamilton follow US athlete blueprint
By Frank Dalleres While no one can doubt the achievements of a combined eight NBA titles, 10 Grammys, 21 Olympic medals, 40 Emmys, 42 Grand Slams and 113 Formula One wins, it is away from the stages, studios and stadiums that TMRW Sports could be about…
Weekend exclusive: Slack can’t be blamed for ‘quiet quitting’ says VP
By Leah Montebello Tech could be a solution rather than a driver of the ‘quiet quitting’ phenomenon, says Slack vice president Pip White. Working at one of the biggest winners of the pandemic, White is understandably reluctant to admit that the remote …