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Thames Water’s Financial Crisis Sparks Concerns and Calls for Reform
The Business Press – June 29, 2023 at 02:45PM The ongoing crisis surrounding Thames Water has sent shockwaves through the industry, prompting urgent talks to address a potential £10 billion black hole. As concerns escalate, the focus shifts to the management of water companies, with Labour’s shadow climate and net zero secretary, Ed Miliband, branding
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A Unified Cybersecurity Strategy is the Key to Protecting Businesses
The Business Press – June 28, 2023 at 07:19PM In the wake of the global pandemic, businesses across various industries have witnessed rapid digital transformation. Embracing technology and the internet has become essential for survival and growth. However, with this increased reliance on data and online platforms, organizations face an ever-growing risk of cyber threats.
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The Impact of Bank of England Rising Interest Rates on Self-Employed Workers
The Business Press – June 28, 2023 at 05:52PM With the Bank of England having raised interest rates for the 13th consecutive month and millions of self-employed workers struggling to make ends meet, there is growing criticism towards HMRC for its approach to charging interest to taxpayers. Recent reports have highlighted how HMRC charges nearly
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CDC Director Dr. Rochelle Walensky Reflects on Her Tenure During COVID-19
The Business Press – June 28, 2023 at 04:04AM Dr. Rochelle Walensky has been the Director of the CDC since January 2021, during some of the toughest times in the country’s response to the COVID-19 pandemic. She had to lead the national response and rebuild public trust in the CDC amid criticism over messaging and
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What Parents Should Know About Meta’s New Parental Supervision Tools for Instagram
The Business Press – June 27, 2023 at 11:24PM Meta, the parent company of Facebook and Instagram, has announced new parental supervision tools and privacy features for social media platforms. However, many of the features require minors-and their parents-to opt in, raising questions about their effectiveness. Instagram will now send a notice to teens after
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Capitalizing on Higher Interest Rates with Gilt Funds
The Business Press – June 27, 2023 at 10:01PM In recent times, there has been a significant increase in gilt yields, resulting in higher interest rates. This change has made the market all the more attractive for investors who can make use of the numerous opportunities that come with such economic conditions. One of the
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New Weight Loss Drugs Are Coming and They Could be Even More Effective
The Business Press – June 26, 2023 at 10:21PM As the world continues to grapple with the problem of obesity, pharmaceutical companies have come up with a range of drugs that can help people lose weight and keep it off in an effective way. Novo Nordisk’s Ozempic, Wegovy, and Rybelsus have dominated the market in
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$1.7 Billion Awarded by U.S. Government to Buy Electric and Low-Emission Buses
The Business Press – June 26, 2023 at 09:52PM The U.S. Department of Transportation has recently announced that it is awarding nearly $1.7 billion in grants to transit projects in 46 states and territories. This funding is aimed at helping transit agencies and state and local governments purchase zero- and low-emission buses. The grants will
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