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Making the budgets add up as Holyrood election looms
Posted onBut, Roy added, the Treasury and the Department of Work and Pensions are coming back to perceived unaffordability of Westminster’s welfare budget, so we can expect new approaches to cuts and reduced entitlement. If that goes ahead, Holyrood will find itself facing further cuts in block grant.
Two charged after collapse of funeral firm Safe Hands
Posted onTwo people have been charged following the collapse of a pre-paid funeral firm that left tens of thousands of people out of pocket. About 46,000 customers lost thousands of pounds when Safe Hands Plans Ltd collapsed in 2022 and fell into administration. The Serious Fraud Office (SFO) has charged two men – Richard Wells and…
Quantum computing: A tech race Europe could win?
Posted onThe prize, then, for the company that is first to build a reliable quantum computer at scale is potentially enormous. It will be “winner-takes-all”, as it was for classical computers and IBM, predicts Peronnin. And, he reckons, there is a fighting chance that his or another French company will be that winner.
Oil briefly falls below $100 and shares jump on Trump Iran war pledge
Posted onOil prices have surged as much as 64% in March – when they reached nearly $120 a barrel – in the biggest monthly gain since 1990 when Iraq’s invasion of Kuwait took both countries’ oil off the market, resulting in an energy supply shock, said Nicolas Daher from the Economist Intelligence Unit.
Businesses left asking – what happened to growth?
Posted onSimon JackBusiness editor Getty Images Not a single measure in the government’s policy-packed Budget will change the growth forecast for the next five years – that was the damning assessment of the government’s official forecaster, the Office for Budget Reponsibility (OBR). For a government that has declared economic growth as its top priority it is…
Why are more gamers than ever playing the 2000s classic RuneScape?
Posted onTom GerkenTechnology reporter Jagex Imagine calling your friends, ordering a pizza, and opening up RuneScape on your PC. A lot of people around my age might read those words and be instantly thrown back to the days of dial-up internet, MSN Messenger and Napster. But before you instinctively type the letters “a/s/l” on your keyboard,…
