Image copyright Getty Images “Inescapable” costs, like childcare and disability, should be considered alongside income when measuring poverty in the UK, experts say. The Social Metrics Commission says the proposals make “significant changes to our understanding” of poverty. The measurement puts 68% of those in families where no-one works in poverty and 9% in families …
Image copyright Getty Images Image caption Robots are expected to replace millions of jobs Millions of jobs are likely to be displaced by automation but we have less to fear from robots than some might think, a report from the World Economic Forum has suggested. The Swiss think tank predicts that robots will displace 75 …
Image copyright Getty Images Coca-Cola is best known for its eponymous caffeine-based drink, but the firm now appears to be experimenting with a different drug: cannabis. According to Canada’s BNN Bloomberg, the drinks giant is in talks with local producer Aurora Cannabis about developing marijuana-infused beverages. These would not designed to intoxicate consumers but instead …
Image copyright JLR About 1,000 workers at Jaguar’s Castle Bromwich plant in Birmingham will move from a five-day to a three-day week from October until Christmas. Jaguar Land Rover said it was making “temporary adjustments to our production schedules” at the factory. It affects about half the plant’s 2,000 workers, who will remain on full …
Kweku Adoboli, the former UBS trader convicted of fraud, is making a last-ditch bid to block his deportation to Ghana, where he was born. He expected to be put on a charter flight late on Tuesday, his lawyer said. Adoboli’s legal team is seeking an injunction and a judicial review of the decision, arguing his …
Image copyright SSTL/AIRBUS/ISRO Image caption S1-4 and NovaSAR pictured just before being enclosed at the top of their Indian rocket The first all-British radar satellite has launched to orbit on an Indian rocket. Called NovaSAR, it has the ability to take pictures of the surface of the Earth in every kind of weather, day or …
Image copyright PA Image caption Christine Lagarde was speaking at a news conference at the Treasury The International Monetary Fund has warned that a “no-deal” Brexit on World Trade Organization terms would entail substantial costs for the UK economy. Such an outcome would affect “to a lesser extent” other EU economies. It said challenges in …
Image copyright Reuters One of the top shareholders in Unilever has said it will vote against the firm’s plan to move its headquarters to the Netherlands, amid growing investor concern about the plan. Aviva Investors told the BBC the move could force UK shareholders to sell their stock and offered “no upside”. Unilever, which makes …
Image copyright Getty Images Image caption Time magazine is being sold amid declines for newsstand sales and print advertising Time magazine is changing hands once again, nearly eight months after it was sold to US media group Meredith Corporation. The co-founder of Salesforce.com, Marc Benioff, and his wife are personally buying Time for $190m (£145.3m). …
Image copyright Getty Images Image caption Kirstie Allsopp is best known for presenting Location, Location, Location on Channel 4 Kirstie Allsopp has left Twitter after facing a fierce backlash when she admitted she smashed her children’s iPads over her gaming rules. Parents slammed the TV presenter online after she revealed she broke her sons’ devices …