Economy

Local tech set for take off with 14 new projects supported by government funding

Communities across the UK are going to benefit from new jobs, inclusive innovation, and stronger local economies, as 14 regionally focused tech initiatives are launched under the government’s £1 million Regional Tech Booster programme.

A post-Brexit economy: Where do we go next?

Institute of Economic Development Executive Director Nigel Wilcock and Director Paul Frainer discuss economic life in the UK after leaving the European Union.

Two oil companies awarded offshore wind projects in UK

Two major oil companies, bp and Total, are among the six new offshore wind projects that will build renewable energy stations in the waters surrounding the UK.

The app going up against centuries of education inequality

Nishat spoke to Tania Rosas who launched O-lab, the app created to fight education inequality for Indigenous students.

CEO of Amazon Jeff Bezos to step down from role

Bezos, who founded the company in 1994, will hand over the CEO role to Andy Jassy - currently CEO of Amazon Web Services.

Indian farmers continue to protest controversial agricultural reforms 

Prime Minister Modi cut the internet in many districts where Indian farmers continue to protest agricultural reforms, which would enable corporate takeovers of small farms while lowering crop value.

Climate change in South Africa could cost up to 20% of GDP

The impact of climate change in South Africa can be seen in economic productivity, healthcare outcomes and labour availability - but what could it cost the population in the future, if left unchecked? 

BlueInvest fund gives €45 million to food security projects

The BlueInvest fund today allocated the first of an available €75 million to two projects working against food insecurity - announcing the names at a BlueInvest Day event.

European Commission to create “transparency mechanism” for vaccine exports

In response to the AstraZeneca feud, EU officials are creating a "transparency mechanism" for vaccine exports - which would indirectly hold companies accountable for fulfilling their agreed contracts.

European Commission will get 60% less AstraZeneca vaccines

EU leaders are investigating why AstraZeneca are not following through with the pre-agreed number of vaccines for the Member States - taking a 60% cut to the expected amount.

Research finds that multinational land deals harm local food security

A new study examines the agricultural impact of multinational land deals, which are found to be directly harmful to local food security and livelihoods.

Will negative interest rates jeopardise Britons’ financial futures?

John Ellmore, Director of NerdWallet, explains what negative interest rates could mean for savers, and the steps they can take to make their money work harder, in spite of the testing economic climate.

UK bans flights from Latin American countries over Brazilian mutation

The UK has banned Latin American countries and Portugal from travelling to the UK as of today (15 January), over increasing fears about the Brazilian COVID-19 mutations.

The growing digital transformation of the luxury sector

It’s 2021, and today, almost every interaction happens through digital devices - what does this mean for the luxury sector? 

Chinese tech: Who really has the keys to your access control system?

Despina Stamatelos at Genetec discusses tensions between China and western liberal democracies, illustrating how this impacts cyber security - do you know who has the keys to your access control system?

Could tech help the UK Government solve pandemic procurement issues?

Garry Jones, CEO of Perfect Channel, discusses the UK's pandemic procurement issues and proposes that well-used tech would improve Government efficiency.

Europe’s green road to recovery

Mauro Petriccione, Directorate-General for Climate Action at the European Commission, illustrates Europe’s plans for a green recovery following the COVID-19 pandemic.

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