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London fintech Wise recruits over 1,000 new employees as sales boom
One of London’s biggest fintech companies has recruited over 1,000 new employees over the past year as it races to keep up with booming demand.Employee headcount at money transfer business Wise has swelled 43% in the last twelve months to almost 4,000, while the firm said it was currently recruiting a further 300 roles, of …
Business
Business Live
Extra £6.5m secured by tech firm which uses AI to speed up scientific discovery as it eyes US expansion
A tech spin-out from the University of Manchester, which uses AI to curate masses of biomedical data to help scientists speed up research and development, has secured a £6.5m boost. Biorelate has completed a Series A investment round led by Maven Capital Partners and YFM Equity Partners. The Manchester Science Park company was founded in …
Business
Sky News
Sizewell C nuclear power plant go-ahead reconfirmed with £700m public investment
Plans to build the new Sizewell C nuclear power plant in Suffolk have been reconfirmed by the government along with a £700m investment.Business Secretary Grant Shapps has visited the proposed site just weeks after the Chancellor confirmed construction of the long-awaited power plant during his Autumn Statement. Funding for the project was signed off by …
Business
Sky News
China bought out of Sizewell C as UK confirms £700m stake in nuclear project
China has been forced out of the Sizewell C nuclear power venture in Suffolk following a £700m investment of taxpayer cash.The government is spending an initial £679 to help get the long-awaited project going, and confirmed on Tuesday that part of this will go to state-owned China General Nuclear (CGN) under an exit deal. Downing …
Business
Sky News
EasyJet eyes stronger bookings ahead as disruption hammers profits
EasyJet says it is expecting to build on a strong summer, despite pressures on consumer budgets, after COVID and post-pandemic disruption pushed it to an annual loss.The no-frills carrier reported a headline loss before tax of £178m for the 12 months to 30 September. While that sum was well down on the previous financial year’s …
Business
Sky News
Elon Musk hits out at Apple – and claims tech giant threatened to block Twitter from App Store
New Twitter owner Elon Musk has hit out at Apple – claiming it has threatened to block his social network from its app store without explanation.The world’s richest man, who took the company private last month for $44bn (£36.7bn), also said the iPhone maker has “mostly stopped advertising” on his platform. Musk wrote in a …
Business
Sky News
Social media sites will no longer have to take down ‘legal but harmful’ material in bill amendment
Social media sites will no longer have to take down material designated “legal but harmful” as part of the government’s proposed plans for online safety.The Online Safety Bill will be amended and the controversial – but key – measure removed before it is set to go back to parliament next week after repeated delays. The …
Press Release
Pressat
A new place in the country for Ratty, and friends
Water vole reintroduction on farmland boosting other wildlife A recent reintroduction of a threatened native species to the Lower Avon Valley on the Hampshire – Dorset border has provided a welcome boost to other species too, say scientists from New Forest-based national conservation charity the GWCT. Immortalised by Kenneth Grahame as poetic dreamer Ratty in …
Press Release
Pressat
Young Social Reformers Sports Foundation a Friendship Baseball match between the friends working in Japanese Missionary
Young Social Reformers Sports Foundation with the collaboration of Cricket School of Pakistan supported a Friendship Baseball match between the friends working in Japanese Missionary, Corporate Institutions and Schools operating in Karachi held at Noor Ali Ground, Clifton Karachi. In his welcoming speech President, Young Social Reformers Sports Foundation Syed Faizan Hussain expressed his joy …
Press Release
Pressat
Calibre Audio launches appeal to transform lives of people with print disabilities
National charity Calibre Audio has launched a fundraising appeal to raise much-needed funds to transform the lives of those with print disabilities this winter. Calibre Audio provides a free audiobook service for adults and children across the UK with a wide range of different conditions that mean they struggle to read. Conditions covered include blindness …
Press Release
Pressat
NEW TEST WOULD EVEN HELP WILL SMITH MANAGE HIS ANGER
If you want to avoid losing your cool as Will Smith did at the 2022 Oscars, new ways to help you manage your temper form part of this year’s Anger Awareness Week, which runs from Thursday 1 to 7 December 2022. In today’s stress-filled world, many people find themselves in hot-water situations when their anger …
Press Release
Pressat
CONRAD ENERGY ACHIEVES PLANNING PERMISSION FOR 50MW BATTERY
Conrad Energy has taken another step forward in their ability to support the National Grid at times of system stress, with their proposed 50MW battery energy storage site in Taunton receiving planning permission. Once operational the site can meet the average electricity needs of around 115,000 homes for 2 hours. Their proprietary in-house software will …

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