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,
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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
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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
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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
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