Money Moves

The Dutch government has paused its earlier intervention regarding Nexperia, a semiconductor manufacturer owned by a Chinese company. This development follows discussions between Dutch officials and representatives from China. In September, the Dutch government took action against Nexperia due to concerns about “serious governance shortcomings” and the implications for the supply of semiconductors in Europe, […]

Google CEO Sundar Pichai recently showcased the company’s headquarters in California, highlighting a specialized lab where Tensor Processing Units (TPUs) are being developed. These chips are integral to Google’s AI operations and have the potential to significantly impact global economies. Pichai described AI as one of the most transformative technologies, emphasizing its potential benefits while

The duration for bringing shoplifters to justice in England and Wales has reportedly increased significantly over the past decade, with retailers experiencing longer waits for cases to be resolved. According to data from the BBC, the average time for completing a shoplifting case in a magistrates’ court has risen by over 80%, increasing from 32

Recent reports indicate a continued rise in food prices, with specific products such as fish, vegetables, and confectionery seeing increases. In contrast, fruit prices have shown a slight decline. Amid these changes, many households are reportedly spending more on food while adjusting their shopping habits, opting for more vegetables and cutting back on meat. This

The inflation rate in the UK decreased to 3.6% in the year ending in October. However, food prices experienced another increase after a decline observed in September. This trend raises questions about the stability of food costs amidst changing economic conditions. The data indicates a divergence between general inflation and specific categories such as food,

Temperatures in the UK have dropped significantly in recent days. During cold weather, it is important to consider effective ways to heat homes and protect health. Maintaining warmth in winter is crucial to prevent illnesses such as colds and flu, as well as more severe conditions like heart attacks and pneumonia, according to the NHS.

The inflation rate in the UK decreased to 3.6% in the year leading up to October, marking the lowest rate observed in four months. This decline, reported by the Office for National Statistics (ONS), is attributed to a slower increase in gas and electricity prices compared to the previous year. Additionally, hotel costs contributed to

Lisa Parkinson has been volunteering for the Big Food Project in Blackpool for three-and-a-half years. She started her involvement after using the food bank herself during a challenging period in her life, specifically after being diagnosed with stage three breast cancer in the Covid-19 pandemic. Parkinson’s husband left his job to care for her, and

Dale Vince, a renewable energy entrepreneur, and solicitor Stephen Kinsella have publicly urged Chancellor Rachel Reeves to consider increasing taxes on individuals with wealth exceeding £10 million. Both men are part of the campaign group Patriotic Millionaires UK, which advocates for a one-time wealth tax. Vince, who claims to be among the top 100 taxpayers

Citizens Advice anticipates a significant increase in requests for assistance this winter as many individuals already facing fuel debt are expected to incur additional energy costs. The organization reported that 50% of the 1,000 clients it assisted in Hull and East Yorkshire regarding fuel poverty were in arrears with energy suppliers. Jessica Smith, a data