Latest posts

Labour leader urges McDonald’s to drop Monopoly campaign

A McDonald’s Monopoly campaign which sees customers given the chance to win prizes including food is a “danger to public health”, says MP Tom Watson. He said the fast food giant should drop the annual competition, which starts this week, saying it encouraged people to order more, the Observer reported. It comes as the government considers […]

Coca-Cola reveals how much plastic is used for the first time

For the first time, Coca-Cola has revealed it used three million tonnes of plastic packaging in one year. It’s part of a report by the Ellen MacArthur Foundation which is pushing for companies and governments to do more to tackle plastic pollution. In total, 150 companies are pledging to reduce their plastic usage as part of the […]

IBM used Flickr photos for facial recognition project

IBM has been accused of using Flickr photos for a facial-recognition project, without the full consent of people in the images. The company extracted nearly one million photos from a dataset of Flickr images originally compiled by Yahoo.Many people pictured were probably unaware of how their data had been used, according to an NBC News report. […]

Shell chief’s pay doubles to 143 times the UK employee average

The chief executive of oil-company Shell saw his pay more than double last year to more than €20m (£17m). Ben van Beurden’s total salary in 2017, which was approximately €9m, prompted a shareholder revolt. The raise comes as the company increased its annual profits by almost $10bn and is largely down to long-term incentives kicking […]

Facebook suffers most severe outage in its history

Facebook has suffered the most severe outage in its history, with key services rendered unusable for users globally for much of Wednesday. The last time Facebook had a disruption of this magnitude was in 2008, when the site had 150m users – compared with around 2.3bn monthly users today. Facebook’s main product, its two messaging […]

Tackle tech giants ‘bullying tactics’ review urges

The UK needs to tackle “bullying tactics by market leaders” and the other consequences of a lack of competition in the technology sector, according to a new report. A six month review of the sector has concluded tech giants like Facebook and Google should face greater competition. Philip Hammond will give his initial response to […]

French Connection sales continue to fall

Sales at struggling fashion chain French Connection fell last year, as a result of the “difficult” trading conditions in the UK. Like-for-like sales, fell by 6.8% compared with the previous year, with declines both in store and online. However, for the first time in seven years, the chain made a small profit of £100,000, against […]

Smart speakers and baking tins go into new inflation basket

Question: “Alexa – what is now being used to help calculate the cost of living in the UK?” Answer: “I am.” Smart speakers, such as the Amazon Echo device (or Alexa), have been added to the basket of goods used to measure the movement of prices. These price movements of 700 goods and services are […]

EU Countries behind the global pace on crypto currency

New research commissioned by leading global cryptocurrency company Luno has revealed that nearly half (47%) of European countries are still sceptical about the profitability and safety of cryptocurrencies. Whereas nearly 4 in 5 (79%) of those in emerging markets* outside of Europe are more optimistic about the profitability of cryptocurrencies like Bitcoin and Ethereum. Cryptocurrencies […]