Newsletter Jul 13, 2023

Gripes in Grimsby over Brexit fishing failure

Grimsby, perched on the southern side of the River Humber, near Kingston-upon-Hull in northern England, was built on the fishing industry.

Stock markets jump as US inflation cools

Stock markets bounced on Wednesday as data showed US inflation cooled more than expected in June, raising hopes that the Federal Reserve will soon end its cycle of interest rate hikes.

Elon Musk gets embroiled in BBC presenter scandal

Elon Musk is not someone who stays quiet. Time and again, he has spoken out on several issues.

UK lenders can withstand major shock: Bank of England

Britain's top lenders have passed stress tests to show they can withstand major economic shock, even as rising interest rates pressure the financial system, the Bank of England said Wednesday.

Zelensky hails 'security victory' after G7 vow support

Ukrainian President Volodymyr Zelensky on Wednesday welcomed a commitment by G7 nations to support Ukraine for as long it takes to defeat Ukraine, insisting it was a step on the road to Kyiv eventually joining NATO.

UK food and drink sector Expected to reach £315.2 billion by 2028, as consumers shift to home dining amid cost-saving measures

The UK food and drink sector is projected to reach £315.2 billion by 2028, a 19 per cent increase from 2023, according to IGD.

Businesses funding the Sudan conflict have been sanctioned by the UK government

Six multi-million-dollar companies in the UK, have had their assets frozen to press the parties into a peace treaty after the government imposed new sanctions.

A new set of clean maritime tech investments takes Britain closer to fulfilling its net zero target

In four rounds of competition, the best innovative technologies for the UK maritime sector like alternative fuels, offshore vessel charging systems, sustainable ferries, etc., were demonstrated.

Study reveals funding shortage forces UK SMEs to halt operations

A study by Manx Financial Group reveals that a significant number of UK SMEs have been forced to reduce or halt their operations due to a lack of funds.

Record number of people in the UK apply for Upskill in Cyber programme

The UK government-backed Upskill in Cyber programme receives a record number of applicants, offering free cybersecurity training to diverse candidates nationwide.

Chinese hackers breached US govt email accounts: Microsoft

Chinese-based hackers seeking intelligence information breached the email accounts of a number of US government agencies, computer giant Microsoft said.

Twitter blocks links to Threads while CEO denies reports of traffic decline

Twitter CEO Linda Yaccarino continues to downplay reports that claim Twitter traffic is declining after the launch of Meta's Threads.

Apple Mac sales remain strong despite decline in PC market

IDC report suggests Apple Mac sales have risen by a significant 10.2 per cent compared to the same period in 2022.

Revenge porn abusers will now face up to 6 months in prison

Following Georgia Harrison's campaign against image-based abuse, the government have passed the new Online Safety Bill.

Online retail revenue declines for 26th consecutive month amidst promising traffic index

UK online retail revenue saw a 1.2 per cent year-on-year decline in June, marking the 26th month of negative growth in a row, according to IMRG Online Retail Index.

Iceland asks tourists not to come because of volcano emitting deadly gas

Following thousands of earthquakes in the area, the volcano eruption near Reykjavik began Monday afternoon.

Huw Edwards named as BBC presenter at centre of explicit images row

Veteran news anchor Huw Edwards was on Wednesday revealed by his wife as the BBC presenter accused of paying for explicit images but police said no criminal offence had been committed.

Prince Harry faces criminal offence if he lied on US visa application

The Duke of Sussex risks losing his U.S. visa after he admitted to taking illegal drugs in his memoir "Spare."

Top seed Alcaraz reaches first Wimbledon semi-final

Carlos Alcaraz saw off Holger Rune in straight sets on Wednesday to stay on course for a Wimbledon title showdown against defending champion Novak Djokovic.