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OBR role to be investigated by Treasury Committee
An inquiry into the role of the UK government’s economic forecaster is being launched by a group of MPs, after the body came under intense scrutiny in the run-up to the Budget. The Treasury Committee will examine the Office for Budget Responsibility’s (OBR) first 15 years and consider potential reforms, including any improvements or changes…
Annual energy bills predicted to fall by £22 in January
Archie MitchellBusiness reporter PA Media Household energy bills are expected to fall slightly in the new year before rising again in April, according to consultancy Cornwall Insight. The forecaster expects the annual bill for households using a typical amount of gas and electricity will be £1,733 between January and March, when the latest energy price…
Harrods says customers’ data stolen in IT breach
Luxury department store Harrods has warned customers their personal data may have been taken in an IT systems breach. It said information like names and contact details of some online customers was taken from the systems of a third-party provider. Harrods described the breach in an email sent to customers on Friday evening as an…
Are tech dense farms the future of farming?
David SilverbergTechnology Reporter Getty Images The US has fewer but more “tech dense” farms according to a government report Jake Leguee is a third-generation farmer in Saskatchewan, Canada. Since his grandfather bought the 17,000 acres in 1956, the Leguee family has grown canola, wheat, flax and green lentils. As a child, he watched his father…
Colombias budding tech scene needs a cash boost
Rappi’s success signals a bigger change happening in Colombia – the country has shaken off its dangerous reputation, especially since the 2016 Peace Accord. It has become a magnate not only for tourists, but also immigrants moving to destinations such as Medellín and Bogotá from the likes of the US, Canada and the UK.
