Entries by admin

IMF boss warns of ‘painful’ Brexit

The new head of the International Monetary Fund has warned that Brexit in whatever form will be “painful”, adding to the effects of a global slowdown. Kristalina Georgieva said the split will hurt not only the UK and European Union, but also low income countries with economic ties to them. IMF data show that growth […]

Furniture company folds with 252 job losses

A furniture company has gone bust with 252 job losses after reporting “a catastrophic collapse in orders”. Triumph Furniture of Merthyr Tydfil, which has bases in the town and Dowlais, supplied more than 600 furniture sellers, as well as being a major supplier of central government. The firm went into administration on Tuesday, after an […]

Talk about a calculated RISC: If you think you can do a better job than Arm at designing CPUs, now’s your chance

RISC-V, accelerator pressure leads to customizable Armv8-M instructions TechCon Microprocessor designer Arm will allow chipmakers licensing its blueprints to, in certain circumstances, alter the holiest of holy scriptures: its CPU instruction set. Specifically, the Softbank-owned biz will allow customers to add custom software instructions to Armv8-M CPU cores, free of charge, starting with the Cortex-M33 […]

Fraudsters ‘target Thomas Cook refund site’

Scammers are suspected of making fraudulent claims on a website set up to refund Thomas Cook customers, the Civil Aviation Authority has said. The aviation regulator said it has taken “urgent action” over the suspicious online activity and will notify the police. It has added further verification checks to its refund process, it said. A […]

Barclays blow to Post Office banking

Barclays is facing criticism for opting out of part of the agreement banks have with Post Offices to allow customers to withdraw cash and deposit money. The move is seen as a threat to efforts to provide services to communities that have seen branches and ATMs disappear. Barclays will let its customers deposit money, but […]

Farmers ‘betrayed’ by no-deal Brexit tariff plan

Farmers will feel “betrayed” by a government plan not to impose tariffs on the majority of goods entering the UK in the event of a no-deal Brexit, the National Farmers Union has said. The government has announced it will not tax 88% of imports into the UK. The NFU said without a Brexit deal its […]