Monthly Archives: September 2022

Process and control today | FANUC UK aims to unite the automation community to tackle the labor crisis

09/20/2022 FANUC UK Ltd To address the ongoing labor crisis in the manufacturing industry, FANUC UK brings together a collective of automation experts, bringing together more than 30 leading names from across the automation and robotics industry to discuss the most pressing issues facing the manufacturing sector today. FANUC UK …

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Volta data centers in London operate under the global brand Verne – High-Performance Computing News Analysis

September 20, 2022 – LONDON – Verne Global, the Iceland-based provider of sustainable data centers for high intensity computing, has announced that Volta Data Centers in the City of London will begin marketing and operating under the Verne Global brand and delivering data become center platform over Iceland and Great …

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Energy saving could boost UK economy by £7 billion a year, study finds | energy

Insulating homes in the UK and installing heat pumps could benefit the economy £7 billion a year and create 140,000 new jobs by 2030, research suggests. However, the implementation of these energy saving measures depends heavily on government policies, according to an analysis by Cambridge Econometrics on behalf of Greenpeace. …

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Warnings of a slowdown in the UK economy are flashing as inflation soars

The UK economy is heading for a slowdown or recession as consumers and businesses grapple with the uncertainty caused by rapid inflation, tax hikes, rising interest rates and the war in Ukraine. Bank of England Governor Andrew Bailey said on Thursday that the BoE is walking a fine line between …

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‘It felt important to move on’: grief poses a dilemma for London fashion week | London fashion week

There was only one show in town in London this weekend and that was The Queue. But the London Fashion Week catwalks went on. “It was important to keep going because London has to stick together at this time and right now some of this city’s young designers are at …

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The Oil & Gas SCADA market is expected to be worth $23.12 billion

The Oil & Gas SCADA Market is forecast to be worth US$23.12 Billion by 2032, registering a CAGR of 5.95% during the forecast period (2021-2032). The market was valued at $3.67 billion in 2021. SCADA (Supervisory Control and Data Acquisition) is an essential set of industrial software applications used to …

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Kwasi Kwarteng lifts EU rules to boost economy as insurers eye £95bn Brexit bonanza | Politics | news

Next Friday, the newly appointed Chancellor is expected to make a finance announcement to the House of Commons announcing the lifting of EU rules on bankers’ bonuses, which are currently capped at twice their salaries. Mr Kwarteng will also unveil other plans such as a £30bn tax cut to help …

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Buyers forced to take out 30-year mortgages as house prices soar

The numbers show how, with interest rates and mortgage costs rising, people are having to struggle more and more to climb the ladder. Separate figures show couples are now straining more than ever to get up the apartment ladder. Data released by the Financial Conduct Authority shows that the share …

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Process and control today | FLOWER POWER: SOLAR POWERED ROBOSHOT ZERO BLOOM-IN-BOX ON ROAD TO NET

09/16/2022 FANUC UK Ltd After investing in an energy-saving ROBOSHOT injection molding machine from FANUC, eco-conscious plastic product manufacturer Bloom-in-Box is well on its way to becoming carbon neutral. Thanks to superior servo technology and intelligent energy recovery features, the energy-efficient ROBOSHOT S150iA installed at Bloom-in-Box’s Burscough facility consumes just …

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London’s Lost Mansions | Apollo Magazine

This review by London’s ‘Golden Mile’: The Great Houses of the Strand, 1550–1650 by Manolo Guerci (Paul Mellon Centre) was published in the March 2022 issue of Apollo. Preview and subscribe here. The Strand is one of London’s intermediate zones, part of the West End but not in the center …

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Bank of England will not slow down despite falling inflation | inflation

The fall in inflation from 10.1% in July to 9.9% last month will not worry Bank of England policymakers at their interest rate-setting meeting next week. Its Monetary Policy Committee (MPC) is on a mission to raise the cost of borrowing to bring inflation down to 2%. The price growth …

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Would you like to beautify your property? City gives away trees for National Tree Day

In honor of National Tree Day, Forest City is preparing to give away thousands of trees to Londoners later this month. According to a press release from the City of London, 2,000 trees of various species will be given away to interested Londoners to mark National Tree Day on September …

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UK economy growing slower than expected amid cost of living crisis | Economic growth (GDP)

The UK economy grew more slowly than expected in July as labor shortages and rising costs weighed on activity amid heightened risk of recession. The Office for National Statistics said gross domestic product (GDP) rose 0.2% in July after falling sharply by 0.6% in June, when the extra bank holiday …

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Biggest economic crime in British history? – OpEd – Eurasia Review

So it’s official then. On Wednesday, on her first full day in office – just before the Queen’s death froze all public political activity for at least a week and a half – Liz Truss spoke about the UK’s devastating energy bill crisis, which threatens to plunge two-thirds of the …

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Buy now, pay later, and the lenders are struggling to survive

They have been touted as the next big thing for the retail landscape, freeing shoppers from the burden of interest-bearing credit cards. But now many lenders are buying now and paying later financial problems even before the government announces its plans to regulate. The rapid growth of small, interest-free, Buy …

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Genuit Group plc (LON:GEN)’s dismal stock performance reflects weak fundamentals

Genuit Group (LON:GEN) had a tough three months, with its share price down 23%. To decide if this trend could continue, we decided to look at its weak fundamentals as they shape the long-term market trends. In this article, we have chosen to focus on Genuit Group‘s ROE. ROE, or …

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News updates following the death of Queen Elizabeth II on September 9th

People queuing at an information desk in the City of London to attend Friday night’s memorial service © Robert Wright/FT A steady stream of people arrived in the City of London in light rain just before midday to collect bracelets for entry into a memorial service for the Queen scheduled …

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What is the SSP Group plc (LON:SSPG) share price showing?

SSP Group plc (LON:SSPG) may not be a large-cap stock, but it’s garnered a lot of attention with significant price action on the LSE over the past few months, rising to £2.72 at one point and then back to £2. 72 British pounds fell from lows of 2.02 UK£. Some …

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Redfin reports that mortgage rate hikes continue to cool home buying and selling

(NASDAQ:RDFN) – A holiday weekend hike in mortgage rates has sucked much of the remaining energy from the housing market, according to a new report report by Redfin (redfin.com), the technology-supported real estate agency. Home visiting activity took a nosedive, and the proportion of sellers cutting their price remained near …

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UK Economy Shrinks in August, Outlook Darkens: IHS Markit

The UK Purchasing Managers’ Index (PMI) from the S&P Global-Chartered Institute of Procurement & Supply (CIPS) fell below the crucial 50 flat mark in August for the first time in 18 months, signaling a slowdown in business activity in the UK private sector. A sharp and accelerating decline in UK …

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Stem Opportunities via a Different Path – The Irish Times

In the last decade, the attitude towards science, technology, engineering and mathematics (Stem) has completely changed. As people across the country were hit by the last recession, many school leavers chose to pursue an education in a field with good job prospects. As a result, the popularity of Stem courses …

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Explainer: As the new Prime Minister, Liz Truss inherits the UK economy, which is heading towards a recession

People walk across the Millennium Bridge with the City of London‘s financial district in the background, amid the coronavirus disease (COVID-19) pandemic in London, Britain January 20, 2021. REUTERS/Hannah McKay Sign up now for FREE unlimited access to Reuters.com to register LONDON, September 5 (Reuters) – Britain’s next Prime Minister …

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Outgoing NSTA boss Andy Samuel on the Great Energy Transition

More than five years ago, the (outgoing) CEO of the former Oil and Gas Authority (now the North Sea Transition Authority), Andy Samuel, and I, always over coffee, enjoyed a series of informal talks about the future potential role of the UK continental shelf in The Great Energy Transition . …

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Given strong fundamentals, will Sureserve Group plc (LON:SUR) stock weakness prove temporary?

Sureserve Group (LON:SUR) had a tough week, shedding 4.1%. But if you look closely, you might find that the strong financials could mean that the stock could potentially add value over the long term given how markets typically reward companies with good financial health. Specifically, we decided to examine Sureserve …

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Airfare prices fell the most in these destinations in the fall

Share the article Last updated 4 hours ago Grab a round-tip ticket to one of these world-class destinations Travel prices are rough this year. There’s no way around it. A combination of high demand, rising energy costs, and labor and supply chain shortages in the pandemic era has sent prices …

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India overtakes Britain to become the fifth largest economy in the world. This is how experts react

First published September 3, 2022 at 11:38 am IST India overtook the UK on Friday to become the world’s fifth largest economy. The change in ranking has pushed the UK up to sixth place as the country continues to struggle under the brutal cost of living budget. This year, the …

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The UK has flagged $1.3 billion in COVID rebound loans as a suspected source of fraud

Woman holds British pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Sign up now for FREE unlimited access to Reuters.com to register LONDON, September 2 (Reuters) – The UK government is to release data showing around £1.1 billion in small business loans ($1.27 billion) made under a …

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Any chance of Synthomer plc (LON:SYNT) 36% undervaluation?

How far is Synthomer plc (LON:SYNT) from intrinsic value? Using the latest financial data, we will look at whether the stock is fairly valued by estimating the company’s future cash flows and discounting them to present value. The discounted cash flow (DCF) model is the tool we will use for …

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After a summer of spending, the dark clouds of winter are looming on the horizon – The Irish Times

Antonio looked awful as always, his face an angry radish of broken veins and three of his shirt buttons threatening to pop like a row of champagne corks every time he took a breath. He told me he hadn’t had a drink in seven months and felt like a changed …

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Why politicians need to stop comparing the UK economy to ‘running a household’ – Byline Times

Jack Mosse reverses the flawed understanding of the national debt that has permeated Conservative leadership competition and Tory economic policy for some years To fund her tax and spending plans, Liz Truss has promised that she will extend the period by which we would have to pay off our COVID-19 …

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