The rise of robots is wiping out entry-level jobs, the Bank of England has warned, as figures revealed youth unemployment at an 11-year high. A regular business survey executed by the Bank said the use of artificial intelligence and automation was enabling firms to grow without any extra workers. In some cases, it indicates that fewer ‘early career’ or graduate positionsContinue reading “In Britain, Robots Are Wiping Out A Generation Of First Jobs”
Tag Archives: Profits
Currently, The BBC Licence Fee Is £159, But Ministers Plan To Scale It Back To Ease The Cost-Of-Living Crisis
A newspaper outlet understands that the BBC licence fee would be cut in real terms under planning being considered by Ministers to reduce the cost of living crisis for households. The £159 fee is expected to rise in line with soaring inflation next April, meaning viewers are facing a near double-digit growth in the charge.Continue reading “Currently, The BBC Licence Fee Is £159, But Ministers Plan To Scale It Back To Ease The Cost-Of-Living Crisis”
Centrica’s Obscene Half-Year Profits Increase FIVE-FOLD To £1.34 Billion, Igniting Fury
British Gas owner Centrica sparked outrage after declaring profits had increased fivefold to £1.34 billion, just as it emerged UK household energy bills could soar to £500 a month amid Russian threats to cut Europe’s gas reserves. The bumper operating profit for the six months to the end of June compared to the £262 millionContinue reading “Centrica’s Obscene Half-Year Profits Increase FIVE-FOLD To £1.34 Billion, Igniting Fury”
THE MONTHLY MOSQUITO 