News

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Artificial skin that senses things could revolutionize prosthetics

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Scientists have created an artificial ‘skin’ that can sense the force of static objects using specialized pressure sensors and flexible organic circuits. They were also...
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UK to raise rates sooner than later, says BoE’s Kristin Forbes

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Kristin Forbes, an external member of the Bank of England’s Monetary Policy Committee (MPC), believes the UK will raise interest rates ‘sooner rather than...
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Tata Steel plans on cutting 1,200 jobs in the UK next week, union says

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Tata Steel plans on cutting 1,200 jobs in the UK next week, a union says. The Indian multinational steel-making company is expected to cut staff...
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Alcoholic drinks companies failing ‘Responsibility Deal’ labelling pledges

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Alcoholic drinks companies that committed to the Public Health Responsibility Deal in the UK, are not fully meeting their pledge regarding labelling, researchers from...
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Aston Martin announces nearly 300 job cuts

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Aston Martin plans to cut nearly 300 staff as it rebalances and restructures its business - in an effort streamline activities. The Warwickshire-based luxury brand...
Treasury

Treasury scraps ‘reverse burden of proof’ rule for bankers

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The UK government has suspended the 'reverse burden of proof' rule for senior managers at banks. The rule, which many considered a bit excessive, would...
Bank of England in London

UK banks need £3.3 billion extra capital for ringfencing, BoE warns

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The Bank of England warned on Thursday that new ringfencing laws in the UK, set to separate high street banking from riskier investment banking...
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Frozen methane bubbling up in warmer oceans, study found

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Subsurface sea warming is thawing frozen methane, which is finding its way to the surface and into our atmosphere, researchers from the University of...
ONS

Cyber crime and fraud push up British overall crime figures

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Overall crime in the UK has increased dramatically compared to recent years, when cyber crime and fraud are added to traditional crime figures, the...
Retail -

Sainsbury’s is closing its mobile phone service

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Sainsbury’s will be closing its mobile phone service on 15 January after operating for only two years. The retailer’s mobile service "Mobile by Sainsbury's" is...