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Geothermal energy: Investment needed to develop new tech
Posted onTo go faster and deeper will require advances in drilling technologies. Companies are developing drilling equipment that is more stable when breaking through hard rock at high temperatures. Some firms are even aiming to penetrate rock without using standard drills. Quaise, a company with roots at the Massachusetts Institute of Technology (MIT), is using a…
Pizza Hut to close 68 UK restaurants
Posted onCharlotte EdwardsBusiness reporter, BBC News Getty Images Pizza Hut is to close 68 restaurants and 11 delivery sites in the UK with the loss of 1,210 jobs, after the firm running them fell into administration. DC London Pie Limited, which operates Pizza Hut’s UK restaurants, appointed FTI Consulting as administrators on Monday. However, Pizza Hut’s…
The Dutch village at risk of being demolished
Posted onThe arguments playing out in Moerdijk echo wider dilemmas across the Netherlands. The country is densely populated, and has long struggled to balance competing demands on a finite area of land – housing, farming, nature, transport, industry, and now the infrastructure needed to support large-scale renewable energy projects.
Interest rates may need to rise this year says Bank of England economist
Posted onHe said that productivity, which measures how efficiently people work, has slowed down in the UK. It is also a particular problem in Wales where it is the lowest of the four home nations and around 15 percent lower than the UK average, external. People in Wales also earn lower wages than the UK average,…
UAE condemns Irans brazen attack on tankers as US launches fresh strikes
Posted onThe UAE accused Iran of a “brazen” attack on two tankers in the Strait of Hormuz on Monday, killing one and wounding eight, as Donald Trump said the US would impose a 20% charge as part of a new blockade on the waterway. The US president said they were hitting Iran “very hard” as strikes…
Why are young people leaving Britain to work abroad?
Posted onSol Hyde Nearly 200,000 people under the age of 35, including Sol Hyde (pictured), moved abroad in the year to June With rising rents, a tough job market and pay cheques stretched to the limit, some young Britons are choosing to build their futures overseas. According to the Office for National Statistics (ONS), 195,000 people…
