New record for wind power generation: Half of Britain’s electricity came from turbines on Boxing Day thanks to Storm Bella The gusts of wind provided 50.7% of Great Britain’s electricity on Boxing Day This is mainly thanks to Storm Bella where winds reached up to 100mph The last record was set in August of this … Read more
AI chipmaker Graphcore attracts funding to the tune of £165m as global investors back Bristol-based unicorn Bristol-based Graphcore was begun in 2016 by Simon Knowles and Nigel Toon Its latest funding round was led by the Ontario Teachers’ Pensions Plan Board Back in July, the business released its latest-generation AI chip, the GC2000 By Harry … Read more
Comparison websites combined: Confused.com snapped up by Uswitch-owner Zoopla as part of £508m tech deal Admiral shareholders will receive the majority of the proceeds from the sale Admiral selling its Penguin Portals arm, which includes Confused.com in the UK, Rastreator.com in Spain and LeLynx.fr in France Uswitch owner Zoopla Property Group will pay around £508m … Read more
Many who have passed their driving test will quickly pick up bad habits after some time on the road. But there are some that are causing damage to your car that you should really try to stop doing before you’re landed with eye-watering repair bills. We’ve listed six of the most common infractions that can … Read more
The pandemic has dominated news headlines this year with Covid-19 affecting everybody in one way or another. The coronavirus has had a big knock-on effect on consumers, and This is Money has received thousands of reader complaints in 2020, many from customers struggling to get their problems sorted. Some have seen holidays cancelled, and others … Read more
After years of failed New Year’s resolutions, it appears the global pandemic has helped Britons collectively pay off personal debt like credit cards and loans. Between March and October, the latest figures available from the Bank of England, Britons have paid £15.6billion off their plastic and other loans. When the pandemic swept the country in … Read more
The departure of Donald Trump from the White House will mean one less disruptive force on world markets, as his Tweets lose the power to upend them almost daily. His successor, Joe Biden, is expected to provide much steadier leadership as a Covid-19 vaccine is rolled out and countries look to rebuild their economies and … Read more
The Government is being urged to launch a long-term plan to fund social care, and to integrate the system more closely with the NHS. Prime Minister Boris Johnson has a ‘now or never’ opportunity to use public support shown during the pandemic to set out why a new tax may be necessary, according to former … Read more
Pockets of Britain have seen property prices surge despite the pandemic, with some areas seeing double-digit percentage growth, according to latest data from Halifax. Homes in parts of London, as well as Yorkshire, the West Midlands and northern Scotland have seen the biggest percentage increases over the past 12 months, according to one of Britain’s biggest … Read more
Founder of Soho House private members clubs sells £15m of his stake after Covid halted expansion plans By Daily Mail City & Finance Reporter Published: 21:50 GMT, 28 December 2020 | Updated: 21:59 GMT, 28 December 2020 The founder of Soho House private members clubs has sold £15m of his stake after the virus halted … Read more