Newsletter Apr 14, 2023

Strikes weigh on UK economy which stagnated in February

Britain's economy stagnated in February as strikes by public workers hit output but a bounce in January was stronger than first thought, meaning a recession is a bit less likely to be brewing in early 2023, official data showed.

Bank of England's Pill says latest UK data is disappointing

Bank of England Chief Economist Huw Pill said on Thursday that the latest data on the economy, including a stagnation of gross domestic product in February, is "somewhat disappointing" even if it remains better than forecast by the BoE late last year.

IMF chief urges world to avoid a 'second Cold War'

Georgieva was born and raised in Bulgaria, a former Soviet satellite state.

Inflation bites into profits of UK supermarket Tesco

In a bid to retain customers, Tesco is matching the prices of similar goods offered by UK supermarkets run by German discounters Aldi and Lidl.

UK government admits to no evidence over economic migrants assertions, discarded 318 tonnes of subsidised food

The UK government admits to having no evidence to back up claims of boat travellers being economic migrants and to throwing away 318 tonnes of subsidised food.

UK and South Korea give joint statement outlining cooperation on the transition to clean energy future

The UK and South Korea have made a joint statement outlining plans for cooperation on the transition to a clean energy future based on renewable and nuclear technology.

French court to have final say on pensions reform

Some 380,000 people took to the streets nationwide on Thursday in the latest day of union-led action against the bill since January.

The 2023 Gender Pay Gap report shows progress has been stagnant for the last five years

Analysis from the World Economic Forum last year estimated it would take 132 more years to close the gender pay gap - a disparity which has made little progress this year.

Landlords vetting abuses on renters reveals high crisis on the UK rental market

A recent report displays extreme vetting procedures from landlords and letting agents. Jahmaya Burke, an associate at KaurMaxwell, argues about those abusive methods.

Italy reverses ban on ChatGPT after initial hesitance with the AI chatbot

As Italy lifts its ban on ChatGPT, ImmuniWeb's founder, Dr Ilia Kolochenko, has provided his take on the rules and regulations associated with AI.

OpenAI's Bug Bounty Program offers up to $20K for reports on bugs in ChatGPT

You can report security flaws, bugs, or other vulnerabilities you discover in ChatGPT to make the technology safer for users.

Approximately 3.7m people in the UK are working low-paid and insecure jobs

The Good Business Charter has redefined its brand to encourage ethical business practices across 10 key areas as poor business practices continue in the UK economy.

Employees with strong connections to their companies adapt better for future job transitions

According to a study, workers who develop a sense of connection with their firm early on perform well during job transitions within the same company.

Whilst hybrid working is here to stay, employees still value time in the office

Hybrid working has seen a permanent increase post-pandemic. Whilst this is important to employees, recent findings from a survey suggest they also value time at the office.

Elon Musk wants to sell Twitter, claims running it 'quite painful'

Twitter CEO Elon Musk has again spoken about the struggles of running the social media platform. Musk says that it has been "quite painful" for him.