Labour’s plans would mean an increase in school spending per pupil by 6 per cent compared with present levels, and Liberal Democrat plans would protect spending per pupil in real terms at the 2017-18 level PA School spending plans outlined in the Conservative Party manifesto could see school budgets slashed by 7 per cent, a leading economic think tank has warned. ... Read More »
MPs have warned about the UK and the EU failing to reach a Brexit agreement, urging the government to work out how much “no deal” would cost. The Brexit committee said ministers’ claim that “no deal is better than a bad deal” was “unsubstantiated” until an economic assessment was published. But the report divided the cross-party committee, with some members ... Read More »
Imagination Tech Warns on Profit as Smartphone Market Softens Imagination Tech, the British company whose graphics technology powers some Apple devices, warned on profit on Tuesday, saying it had been hit by a slowdown in semiconductor and smartphone markets. The company swung to an operating loss of 7.3 million pounds for the six months to end-October, from a profit of ... Read More »
Imagination Tech CEO Steps Down; Warns of Operating Loss Imagination Technologies, a supplier of graphics technology to Apple, said its chief executive Hossein Yassaie had quit, departing as the British company warned it would make an operating loss this year. Non-executive director Andrew Heath had been appointed interim chief executive, the company said on Monday, adding that it would take ... Read More »
China leads the world in connecting everyday devices to the Internet, but is creating huge hacking vulnerabilities for itself and others by doing so, renegade American software pioneer John McAfee warned Tuesday. Hackers had already been able to gain control of devices such as safes and heating controls, and take over the computer systems of automobiles and aeroplanes, he said. ... Read More »
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