Big Data is one of the most promising branches of the IT industry – but also one of the most vulnerable one. What are the risks of using Big Data and how to protect your company from damage? Let’s find out! Big benefits, big risks As you might have already guessed, Big Data operates […]
Britain’s manufacturers are struggling with their worst supply shortages since the mid-1970s, as fears grow in the sector over the economic fallout from rising costs and a lack of key materials. Almost two-thirds of the businesses surveyed in the snapshot from the Confederation of British Industry (CBI) warned that shortages of components would hit […]
Tighter regulation of the buy now, pay later credit industry is on the way, though the government has concluded there is “relatively limited evidence” of widespread consumer harm. The comment, in a new document from the Treasury, could indicate that legislation will be less tough than some have called for, and may explain why […]
The chancellor has built up considerable fiscal headroom before the budget next week as government borrowing came in lower than forecast during the first half of the year. Borrowing came in at £108.1 billion between April and September, according to the Office for National Statistics. This was £44 billion lower than the £152 billion […]
Ministers sealed what is only the second bespoke Brexit trade deal after agreeing terms with New Zealand that will allow cheaper wine imports but open British farmers up to competition. Under the terms of the agreement tariffs will be waived on a range of New Zealand imports, potentially reducing the price of Sauvignon Blanc […]
Barclays has warned it may move to accelerate its transformation programme in the UK before the year’s end while reporting record group profits for the first nine months of 2021. It revealed that “structural cost actions” were on the way in its branch-based UK arm as the sector continues to shrink high street sites […]
Five of the UK’s leading manufacturing industries have issued a plea for more government financial support to boost capital investment in research and development as well as new factories and equipment with lower carbon emissions. Carmakers, aerospace, chemicals, pharmaceuticals and food and drinks manufacturers banded together on Wednesday to call for a long-term strategy […]
Pinterest was the centre of attention on Wall Street last night after reports that PayPal had offered to buy the popular social media platform for $45 billion. The giant payments group was said to have discussed a bid of about $70 per share for the image-sharing network, which would represent a 26 per cent […]
Andy Street, the West Midlands mayor, is backing a plan to close Coventry airport and turn the site into one of the world’s largest “gigafactories” making electric car batteries. At full production, the 60 gigawatt-hours facility would produce enough batteries to power 600,000 zero-emission cars a year. It also would go a long way […]
One of the hurdles you have to overcome when starting your startup is getting funds. There are many great businesses that did not materialize because they did not get funding. It is not easy to launch and run a startup. You need a lot of determination and focus. According to statistics, only half of […]