Twitter’s website traffic is “tanking” according to the chief of internet services company Cloudflare, amid signs users are migrating to alternative platforms such as Threads, BlueSky and Mastodon. On Sunday, Matthew Prince posted a graph from Cloudflare’s ranking of the most popular websites in the world showing Twitter has been in decline since the start […]
The billionaire brothers who own Asda have invested into a fledgling zero-emission lorry company and plan to create Britain’s first network of hydrogen fuel stations to support the decarbonisation of Britain’s 300,000 heavy goods vehicles. HVS, founded in Glasgow as Hydrogen Vehicle Systems in 2017, is testing and developing a lorry running on hydrogen fuel […]
UK FinTech funding has dipped in the first half of 2023, as total cash raised by UK fintech firms reached $2.9 billion in the first six months, showing a 37 per cent decrease compared to the later half of last year, according to new figures from industry body Innovate Finance. Investment has also appeared to […]
Article content FP top videos this week look at the ports strike that is snarling supply chains across the country, cooling cottage real estate and investing risks ahead. Enjoy. Article content Dan Kelly, CEO of Canadian Federation of Independent Business, urges Ottawa to act as the ports strike begins to damage businesses and the economy. […]
Article content CLARINGTON, Ont. — Ontario Power Generation (OPG) and the province are planning three more small modular reactors (SMRs) at the site of the Darlington nuclear power plant. Article content One SMR is already being built there, with construction of the first unit set to be complete by 2028. OPG president Ken Hartwick says […]
Academics from Lancaster University Management School (LUMS) have been awarded a £1.8million grant to accelerate the take up of digital technology amongst UK law and accountancy firms. The major research project, funded by the Economic and Social Research Council (ESRC) and Innovate UK, will be known as Technology in Professional Services (TiPS). It will build […]
China’s largest car manufacturer SAIC Motor says it will build its first factory in Europe, after sales of its vehicles on the continent jumped. The state-controlled company – which owns the iconic MG brand – says the new plant will produce electric vehicles. However, a spokesperson told media that SAIC has not yet decided whether […]
British businesses and individuals reported a suspicious email or website every five seconds in 2022, a new report from GCHQ’s National Cyber Security Centre (NCSC). The report reveals that 7.1 million suspicious emails and URLs were flagged by UK organisations through the NCSC’s free Suspicious Email Reporting Service (SERS) between January 2022 and December 2022 – the […]
British recorded music exports have defied increasing global competition to grow by a record amount in 2022 as UK artists dominate the year’s biggest global streaming hits. The value of UK music sales and streams overseas increased by 20 per cent last year to £709m; a jump of over £100m in a single year and […]
The Bank of England may need to push interest rates to as high as 7% to tackle stubbornly high inflation, economists have warned, amid fears the soaring cost of borrowing could drive the economy into recession. With households under growing pressure from rising mortgage costs, the US investment bank JP Morgan said there was a […]