To what extent is Liz Truss responsible for the high mortgages and higher interest rates?

Two months into Liz Truss’s premiership, more than 104,000 people took out mortgages, likely with higher interest rates as a result. By means of Sarah Taaffe-Maguire, Business Reporter @taaffems Wednesday, July 3, 2024 6:17 PM, UK Her time at the top of the Conservative Party ended in memorable fashion just 42 days after she became … Read more

Google’s carbon emissions are higher than ever thanks to AI

By Colin Fernandez Environmental Correspondent for the Daily Mail 15:01 03 Jul 2024, updated 15:02 03 Jul 2024 Google is emitting more greenhouse gases than ever before, with carbon emissions increasing by 48 percent over the past five years. This is despite the tech giant’s intention to produce net zero emissions by 2030. Google’s latest … Read more

M&S increases stock of smaller womenswear sizes due to higher demand

Marks & Spencer is increasing its stock of womenswear in smaller sizes after increased demand left gaps on shelves. Stuart Machin, the chain’s CEO, said that three years ago around a fifth (21%) of items sold from its main seasonal collection were sizes 6 to 10 and that this had now risen to 35% as … Read more

Why are fuel prices higher in Wales than Northern Ireland? – BBC news

Image caption, Mobile hairdresser Eleni Lewis says fuel prices are taking a large chunk of her turnover Item information Author, Felicity Evans Role, Money Editor June 24, 2024 Updated 39 minutes ago For mobile hairdresser Eleni Lewis, fuel costs are always a priority when planning jobs. The 28-year-old from Pontyates in Carmarthenshire said her £200-a-month … Read more

Research shows that the risk of getting a malicious extension from the Chrome Store is much higher than what Google indicates

Google this week reassured that vetting Chrome extensions catches most malicious code, even as it acknowledged that “as with any software, extensions can also pose risks.” Coincidentally, a trio of researchers from Stanford University in the US and the CISPA Helmholtz Center for Information Security in Germany have just published a paper on recent data … Read more

Robot designed to jump higher than Big Ben, even 200 meters on the moon

Researchers have designed a system that allows robots to record the highest jumps ever recorded. A team from the University of Manchester has developed a design that allows robots to overcome obstacles many times their size. They used a combination of computer simulations, laboratory experiments and mathematical principles. The system helped the team optimize the … Read more

TDK has successfully developed a material for solid-state batteries with a 100 times higher energy density

June 17, 2024 TDK Corporation (TSE:6762) has successfully developed a material for CeraCharge, a next-generation solid-state battery with an energy density of 1,000 Wh/L, approximately 100 times greater than the energy density of TDK’s conventional solid-state battery . TDK’s technology aims to provide a solution that can be used in various wearable devices, such as … Read more

BT warns three UK and Vodafone merger to harm competition and cause higher prices

bt beyond limits uk isp logo

Broadband and telecoms giant BT (EE) has warned the Competition and Markets Authority (CMA) that the mega-merger (here) between rival mobile operators Three UK and Vodafone would trigger a “significant reduction in competition“, which they claim that “finally [result] in higher prices, poorer network quality and reduced incentives to invest.” The merger, which would see … Read more

Is a mortgage with a fixed term of five years the best option?

Last year saw a sharp increase in biennial fixes as people expected interest rates to fall But this year’s interest rate stalemate means five-year rates are back in favor Just as many people fixate for five years as for two years, says real estate agent Those buying a home or taking out a new mortgage … Read more

Four reasons why interest rates could stay higher for longer

The result is that even if nominal interest rates fall below the official 2% target in the coming months, as seems likely, they could pick up again later this year. This is already happening in the eurozone, where headline inflation, core inflation and services inflation all rose in May. Although the ECB has cut interest … Read more