Keeping up with the news can be tricky. Even the most eagle-eyed observer can miss a vital news story. We think being up-to-date on economic developments is key to the success of your startup.
Every Wednesday we provide the top 10 key bits of business news from the past week.
UK’s biggest potash mine back in action
Gina Rinehart, Australia’s richest woman, invested £245m in the UK’s biggest potash mine in North York Moors. It is said to produce 1,000 jobs and 20m tonnes a year of polyhalite – known to be the “fertiliser of the future”.
Ceta talks
Canada and the UK remain hopeful for the Ceta trade agreements to go forward despite Belgium blocking it. This would guarantee free-trade with Canada and the EU.
Smartwatches just not selling
There has been a sharp decline in the sales of smartwatches – 51.6% year-on year. Apple is still the market leader, but Garmin was the only company to see an increase in figures (although their numbers remain low).
Treasury could be hit by Brexit
There may be a shortfall of £80bn due to short-term economic hit from Brexit.
Will your job be taken by a machine?
Deloitte and Oxford University carried out a study that predicts 850,000 UK public sector jobs could be automated by 2030.
Heathrow’s expansion mocking the government’s green intentions
Heathrow’s expansion is predicted to worsen air quality and noise pollution. The developments seems to ridicule the government’s attempts of cutting carbon emissions.
Pokémon GO Halloween edition
The Pokémon GO craze has plummeted, but the Halloween edition could spark a revival.
World oversteps CO2 threshold
2016 is the first full year that will have broken the CO2 threshold. The levels will now not dip for ‘many generations’. Key culprits are the USA, China and Europe. Image by NASA
Equal boozing across genders
Global study finds women drink as much alcohol as men.
Cameras on drones banned in Sweden
In Sweden, you need a license to use a camera on a drone. You now need to pay for an application without the guarantee of securing a license which is a costly affair.
