Social care crisis: Steps we can take now to help millions of unpaid carers August 9, 2019 An unnecessary stay in hospital can be bad for your health. Just seven days waiting in a hospital bed can cut a person’s muscle strength by 10 per cent – and every month thousands of people’s transfer out of hospital is delayed. We don’t need to wait for government action before we do something about [...]
MPs to probe UK-China trade following Huawei saga August 8, 2019 A group of MPs is to scrutinise the UK’s trading relationship with China, in the wake of the Huawei debacle. The International Trade Committee has launched an inquiry looking at the “opportunities, challenges and risks” in trading with China both now and any that may emerge in the future. Read more: Huawei shrugs off US [...]
Credit providers must learn to embrace new technology August 8, 2019 Personal finance has a legacy problem. Until now, those who weren’t familiar with its inner workings have never truly understood financial products and services. A combination of technical jargon and a lack of clarity concerning the impact that certain decisions might have on a person’s credit rating has often left consumers very confused about exactly [...]
Why Britain needs a minister for AI August 8, 2019 With the nation in a state of economic and political uncertainty, Britain’s newly appointed Prime Minister looks to technology to rejuvenate and refocus the country. He announces “a major national effort to bring advanced technology and new processes into industry”, launching the government’s first ministry of technology. Tech experts across the country rejoice as policymakers [...]
Public mistrust in AI ‘puts UK tech dominance at risk’ August 8, 2019 Public mistrust in artificial intelligence risks setting the UK back in the global tech race, according to a report published today. UK businesses must lead by example and take an ethical approach to the new technology if they are to secure consumer confidence, the Confederation of British Industry (CBI) warned. Read more: Google-owned AI firm [...]
Google-owned AI firm Deepmind suffers ballooning losses as debt mounts August 7, 2019 Deepmind, the artificial intelligence company owned by Google, has posted a huge increase in loss for the full year as its debt level reached more than £1bn. Read more: Google takes off as revenue tops expectations The London-headquartered company reported a loss of £470m in 2018, compared to £302m the previous year, according to its [...]
Payments firm Wirecard posts surge in profit as it nets new clients August 7, 2019 German payments firm Wirecard reported a jump in profits in its half-year results today and said it expected to do better in 2019 than originally thought. The firm, which provides payments systems to businesses and cards to customers, was boosted by new relationships with companies such as supermarket Aldi. Read more: Softbank to invest €900m [...]
No respite for BT investors as shares sink again August 6, 2019 | City Talk By Graeme Evans from interactive investor. BT shares continue to fall after first quarter results do little to dispel fears over its dividend. After a torrid year for followers of Britain’s best-known stocks, first quarter results from BT Group (LSE:BT.A) have done little to ease their fears that the telecom group’s dividend is next for the chop. While last week’s figures [...]
Former Virgin Money boss snubs Bank of England for top Salesforce job August 6, 2019 Former Virgin Money chief executive Dame Jayne-Anne Gadhia has shunned a prospective job at the Bank of England to instead head up the British business of software giant Salesforce. The US tech firm, which is planning to inject $2.5bn (£2.05bn) into its UK business in the next five years, said Gadhia would begin the role [...]
Facebook ‘still flooded with fake reviews’ despite regulator warning August 6, 2019 Facebook is failing to crack down on a “thriving” marketplace of fake reviews on its website, despite being told by regulators to tackle the problem, a new investigation has revealed. Consumer group Which found dozens of groups on the social media site that recruit people to write fake reviews on ecommerce sites such as Amazon [...]
