Retail sales rose for the first time in six months during October, according to official figures, suggesting shoppers started their hunt for Christmas gifts early as pressure intensifies on household budgets. The Office for National Statistics (ONS) reported a 0.8% increase in volumes last month compared to September – with clothing among categories leading the
0 Comments
7:00 AM ET We’ve been heading in this direction over the past decade, but it’s now official: The Most Valuable Player Award has become, to the delight of analytics aficionados across baseball land, the best player in the league award. Traditionally, the writers based MVP honors on some sort of undefined fusion of on-field performance
0 Comments
The government was not “fully prepared” for the “wide-ranging impacts” of the coronavirus pandemic, according to a new report, which found that Brexit both helped and hindered preparations for future crises. There was a lack of detailed plans for shielding, job support schemes and school disruption, the National Audit Office found. According to the watchdog,
0 Comments
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
0 Comments
It may be evidence inflation is meaningfully stretching budgets. According to economic forecaster Lakshman Achuthan, Wall Street is ignoring a striking consumer spending slowdown that will translate into an underwhelming holiday season. “There’s still this narrative that the rebound is there,” the Economic Cycle Research Institute co-founder told CNBC’s “Trading Nation” on Wednesday. “The hope
0 Comments
The eastern leg of HS2 has been scrapped and plans for Northern Powerhouse Rail have been downgraded, Grant Shapps has confirmed. The transport secretary told MPs that a new £96bn Integrated Rail Plan for the north and the Midlands will instead deliver “faster” train journeys both earlier and cheaper than the original HS2 plans would
0 Comments
Over the years, businesses have increasingly turned to automation and robotics for undertaking many jobs. Since COVID-19 forced people to the confines of their homes, many enterprises introduced robots to perform tasks to help reduce human contact. From cleaning floors to disinfecting, the kind of tasks that robots can do has expanded manifold. Yet when
0 Comments