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Octopus Energy to spin off $8.65bn tech arm Kraken
Posted onArchie MitchellBusiness reporter Getty Images Octopus Energy is set to spin off its Kraken Technologies arm as a standalone company after a deal to sell a stake in the platform valued it at $8.65bn (£6.4bn). The energy giant, Britain’s biggest gas and electricity supplier, has sold a $1bn stake in the AI-based division to a…
North Tyneside Warm Welcome hubs an important helping hand
Posted onPeople struggling with high heating bills and other cost-of-living pressures are being encouraged to use a series of “Warm Welcome” spaces this winter. More than 20 places across North Tyneside, including community hubs, libraries and churches, are taking part in the scheme, which also sees free food and drink offered alongside a range of activities….
Almost one million young people still not in work or education, figures show
Posted onKate McGoughBBC News, education reporter BBC Almost a million young people are still out of work, education or training, new data suggests. The number of so-called Neets – those aged 16-24 who are unemployed or economically inactive in the UK – had fallen slightly to 946,000 between July and September, down from 948,000 in the…
