Managing the risks and rewards of emerging technologies is a tricky balancing act. How is it possible to maximise the upsides of innovation while minimising the potential downsides?
The Covid pandemic has made the world's wealthiest far richer but has led to more people living in poverty, according to the charity Oxfam. Their report said lower incomes for the world's poorest contributed to the death of 21,000 people each day. But the world's 10 richest men have more than doubled their collective fortunes since March 2020. Oxfam's report is based on data from the Forbes Billionaires List and the annual Credit Suisse Global Wealth report, which gives the distribution of global wealth going back to 2000.
In this episode, Liam talks to Luke Johnson, a former chairman of Pizza Express and Channel 4 television. A serial entrepreneur, Johnson has managed, raised finance for and invested in numerous companies, particularly high street names including Giraffe Restaurants, Feng Sushi and, most recently, Gail's Artisan bakery. Johnson has combined his stellar business career with a sideline in journalism - and is also a highly experienced newspaper columnist. But business is what drives him – and, despite the challenges facing the UK economy, Johnson remains optimistic about the future of this country.
A group of MPs has warned that the government's plans to replace the EU scheme which supports farmers is based on 'blind optimism'.
This year promises to be a tough one for many, with the price of food, fuel and energy set to rise. The Bank of England forecasts that inflation will soon surge to 6% - which means that incomes are set to stagnate. In this video, Sky News explains why your bills are set to go up in 2022.
Britain has ordered housebuilders to pay around $5.4 billion to help remove dangerous cladding from buildings following a deadly 2017 London fire that left government, developers and owners at loggerheads over how to make properties safe.
*Post-Brexit, businesses in the UK are paying 10% more than EU businesses on carbon emissions, amid rising energy bills as the government disagreed with linking the UK’s carbon market biggest European market. *Businesses need to buy tradeable permits to cover their carbon emissions to meet the net zero emissions target and clean up their operations. * While experts say linking the UK’s carbon market to the EU market will offer a better solution, ministers aim to reduce carbon prices before the 18th of January, which may reduce some of the price pressure. *While over a third of those surveyed said they would shift their business operations elsewhere within the next two years to avoid these problems.
Liam Halligan: 'With a tough January and February looming large, does the UK face a Winter of Discontent?'
Under new Bexit rules from January 1, 2022, all animal and plant products coming to the UK from the EU require a full customs declaration. Hauliers are warning the additional paperwork and added costs could cause delays at ports and lead to food supply shortages.
Business Secretary Kwasi Kwarteng has held meetings with energy bosses today to address rapidly rising gas and electricity prices. Mr Kwarteng met with the bosses of major energy suppliers who, it is thought, asked the government for tax cuts and the relaxation of green levies. The government has maintained that it wants to ensure that consumers are protected - but it is feared that soaring costs are pushing more people into fuel poverty.
Despite the political chaos from the continuing Brexit negotiations, Britain can breathe a sigh of relief that it is no longer beholden to Brussels. One year on from the UK-EU trade deal we can look forward to continuing success outside of the stagnating bloc.
British firms face the introduction of much-delayed post-Brexit border control checks from January 1 which will affect businesses importing $314 billion of goods a year from the European Union