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Demand for online jewellery boosts December retail sales
Demand for online jewellery helped boost retail sales in December, despite a difficult festive period overall for retailers, figures show. Sales were up 0.4% from the previous month, the Office for National Statistics (ONS) said, citing online jewellers reporting an increased demand for precious metals such as gold and silver. Internet shopping performed well, while…
Will AI mean better adverts or ‘creepy slop’?
MaryLou CostaTechnology Reporter Getty Images Advertisers are using AI to personalise online advertising Imagine one night, you’re scrolling through social media on your phone, and the ads start to look remarkably familiar. They’re decked out in your favourite colours, are featuring your favourite music and the wording sounds like phrases you regularly use. Welcome to…
Car finance payouts limited, but lenders aren’t off the hook
There may well be a few sighs of relief from senior finance company and banking executives following the Supreme Court’s ruling, but it is unlikely you will hear the champagne corks popping. The verdict does almost certainly reduce the potential compensation bill significantly. Lenders no longer face the prospect of having to pay £30bn to…
How nervous are investors about the stock market?
Every week it seems US financial markets are hit by another bout of fear. The latest worries spread this week from the banking sector in the US, after two regional lenders warned they would be hit by losses from alleged fraud. But before that, markets swooned over signs of rekindled US-China tensions, as the two…
Madeleine the boring machine poised to build HS2 tunnel in London
A giant 1,600-tonne machine called Madeleine that will bore a tunnel taking HS2 trains into central London has been switched on. Named after Madeleine Nobbs, the former president of the Women’s Engineering Society, the 190m-long contraption will create a 4.5 mile link connecting Old Oak Common in west London to a proposed expanded station at…
