Australia’s National Cyber Security Coordinator says ‘no information to suggest it is a cyber security incident’. A massive technology outage has disrupted businesses and institutions in multiple countries, throwing airlines, government services, banks, supermarkets, telecoms and media outlets into chaos. The cause of the outage was not immediately clear, but it came hours after Microsoft...
Tag: ECONOMY
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What the Labour Party’s big win in the UK will actually mean
The United Kingdom’s left-leaning Labour Party won — and won big — in the country’s national elections on Thursday, returning to power after 14 years of Conservative Party leadership. Labour made many promises in the party’s quest to win the race, and keeping them will be a gargantuan task that will require tackling Britain’s biggest...
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4.3%: Why has UK economy grown so slowly under the Tories?
As the United Kingdom gears up for a general election on Thursday, one issue has emerged at the forefront of voters’ minds – the state of the economy. Since the ruling Conservative Party entered office 14 years ago, the UK’s economy has slowed dramatically. The slowdown is particularly stark when immigration-driven population growth is accounted...
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Quantum Technology Could Open The Way to Economic Advantage For The UK, Academy Reports
At a minimum, the review recommends that the UK upgrades and improves access for industry to existing infrastructure as many of the current facilities are based in universities. This requirement is particularly relevant across a range of technology development stages that underpin most quantum technologies: design; nanofabrication prototyping; packaging, advanced packaging, and heterogeneous integration. In...
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Most news consumers suspicious of AI in journalism, survey shows
News consumers most opposed to use of AI for sensitive topics such as politics, report finds. Most news consumers in the United States and the United Kingdom would be uncomfortable with journalism produced mainly by artificial intelligence (AI), a survey has found. Only 23 percent of respondents in the US and 10 percent in the...
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Reeves to campaign on the economy as party restates 650,000 new jobs pledge – LabourList
Rachel Reeves has declared that Labour’s plan for growth is “about making Britain better off” ahead of the reannouncement of the party’s pledge to create 650,000 new jobs through its green investment plans. The Shadow Chancellor will on Monday kick off a week of campaigning on the economy, reiterating Labour’s plans to invest £7.3bn in...
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Weakness returns to UK job market with rise in unemployment
The British unemployment rate has unexpectedly risen to its highest rate since the summer of 2021 as the jobs market weakens further, although wage growth remains resilient, according to official figures. The Office for National Statistics (ONS) said the rate of U.K. unemployment lifted to 4.4% in the three months to April, up from 4.3%...
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UK tech bosses urge focus on AI skills and growth in high-stakes election — no matter who wins
U.K. Prime Minister Rishi Sunak (left), leader of the incumbent Conservatives, and opposition leader Sir Keir Starmer of the Labour Party. The politicians traded barbs in their first head-to-head debate on Tuesday ahead of the July 4 General Election. Pa Images | Getty Images LONDON — British technology executives and entrepreneurs want the next government...
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These European countries spent the most on tourism in 2023
The UN World Tourism Organization has tracked which countries spend the most on tourism, earn the most and the most visited destinations last year. ADVERTISEMENT German, British and Italian tourists are among some of the highest spenders when it comes to travel. That is according to the UN World Tourism Organization (UNWTO), which has tracked...
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UK’s Sunak pledges tax cuts for pensioners as Tories face election wipeout
Opposition Labour Party slams election pledge as latest ‘desperate move’ by governing party. United Kingdom Prime Minister Rishi Sunak has pledged to cut taxes for millions of pensioners as he seeks to turn around his Conservative Party’s dismal poll numbers ahead of general elections in July. Under the plans announced on Monday, the tax-free allowance...
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UK’s Sunak to unveil $252m investment in nuclear deterrent, nuclear energy
UK leader says investment is vital in ‘more dangerous and contested world.’ United Kingdom Prime Minister Rishi Sunak is set to announce plans to invest 200 million pounds ($252m) in the country’s nuclear deterrent and civil nuclear industry. Sunak will on Monday announce a “national endeavour” to secure the future of the nuclear submarine-building and...
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The sickly seaside town that turned its back on work
Baroness Grey-Thompson also believes society has written off many disabled people unfairly. She believes many want to, and can, work. Ableism is rife, she claims, adding that she has also felt patronised in the past by people who believe they know best. “Disabled people are ignored – they are 20pc of the population. But it...
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