Month: September 2022

The UK will enter recession before the end of this year, with growth expected to be weak into 2024. That is the latest forecast from the British Chambers of Commerce (BCC), which said it expects the UK economy to record three consecutive quarters of contraction – the definition of a recession – this year. However,
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A Japanese minister has declared “war” on old-fashioned technology, including the humble floppy disk, in a determined bid to drag the government into the digital age. Almost 2,000 government procedures still rely on the business community using the now obsolete storage devices. Minister of Digital Affairs Taro Kono said existing regulations would be updated to
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Microsoft’s acquisition of Activision Blizzard could reduce competition and requires further investigation, the UK’s watchdog has said. The $68.7bn (£59.4bn) takeover was announced in January, and would make Xbox-maker Microsoft a more powerful rival to Sony and Nintendo. But the Competition and Markets Authority said the deal could restrict competitors’ access to Activision Blizzard games
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Arcade Fire are facing growing calls from fans to cancel shows or refund tickets for their upcoming UK tour dates following allegations of sexual misconduct against frontman Win Butler. The claims by three women and one gender-fluid person were published in an investigation by US music site Pitchfork at the weekend. The four were aged
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Russian President Vladimir Putin will not attend Mikhail Gorbachev’s funeral because of his “work schedule”, the Kremlin has said. Gorbachev, the last Soviet leader and one of the most significant figures of the 20th century, will be laid to rest on Saturday. Kremlin spokesman Dmitry Peskov said the ceremony will have “elements” of a state
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