Business

Electric car battery charges in under five minutes in track test

[ad_1] Just nowBy Zoe Kleinman, Technology editorGetty ImagesThis sort of charging could be a speedy process in the futureAn electric car battery developed by UK start-up Nyobolt has successfully charged from 10% to 80% in four minutes and 37 seconds in its first live demonstration.It was achieved with a specially-built concept sports car on a test track in Bedford, and is part of industry-wide efforts to get electric vehicles (EVs) charging more
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How can I pay off my debts and what help is available?

[ad_1] Identify which bills and debts are most urgent and pay them first, says debt advice charity StepChange.That will include your rent or mortgage repayments, and any other loans secured on the home. It also includes gas and electricity bills, child support and maintenance payments, council tax, income tax, VAT and other taxes, TV licence payments, court fines and payments.These are all what are known as priority debts and bills,
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Supreme Court blocks $6bn Purdue Pharma bankruptcy deal

[ad_1] The US Supreme Court has struck down a part of the bankruptcy deal for Purdue Pharma that would have shielded members of the Sackler family from future lawsuits over their role in fuelling the opioid crisis.The Sacklers, who owned and operated the Oxycontin-maker for decades, had agreed to pay $6bn (£4.7bn) toward a wider settlement in exchange for sweeping protections against civil claims related to the addictive opioid.But the
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Horizon expert ‘pressurised’ by Post Office over Misra evidence

[ad_1] A Fujitsu software expert who helped build the Horizon system has said he felt pressurised by the Post Office over evidence he gave in the 2010 prosecution of sub-postmistress Seema Misra.Gareth Jenkins said the Post Office "clearly" wanted him to say that "everything was perfect, and I don't think I actually said that".However, in an email discussing the case at the time, he said Mrs Misra had "jumped on
Business

Mortgage costs to rise for 3 million, says Bank of England

[ad_1] About three million households are set to see their mortgage payments rise in the next two years, the Bank of England has said.The Bank's latest Financial Stability Report also said about 400,000 mortgage holders are facing some “very large" payment increases.Renters remain under pressure from the higher cost of living and higher interest rates, the report found.However, the Bank said that overall risks to the UK financial system were
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Euro 2024 driving ‘supersize’ TV sales, says Currys

[ad_1] England's European Championship games may not have been exciting viewing so far, but the boss of Currys hopes the Three Lions stay in the tournament to continue a boost in sales of big TVs.The electricals chain said UK sales were up by more than 30% in the past month, with boss Alex Baldock adding so-called "supersize" screens - 85 inches and above - were proving popular."Long may England and
Business

Would new licences save the North Sea oil and gas industry?

[ad_1] 5 hours agoBy Kevin Keane, BBC Scotland environment correspondentPA MediaSurfers in Aberdeen stage a protest on the beach calling for an end to new oil and gas licensing"Do you support new oil and gas licences, yes or no?"That's the binary question which has been at the centre of the political debate in Scotland since parties began preparing to fight the general election.Political leaders have been hurling accusations that 100,000 jobs in
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Comics website valued at $2.7bn ahead of US market debut

[ad_1] Webtoon Entertainment, which describes itself as the world's largest web comic platform, has set its market value at $2.67bn (£2.11bn) ahead of its US listing.Its shares are due to start trading on the Nasdaq stock exchange on 27 June at $21 each, the top end of their marketed range.The Los Angeles-based company is owned by South Korean technology giant Naver, which has been boosted by the growing online popularity
Business

Boeing contractor says he was fired after raising safety concerns

[ad_1] An aircraft mechanic who was contracted to repair Boeing planes has alleged he was labelled a "snitch" and then sacked for speaking up over safety concerns.Richard Cuevas claimed he witnessed substandard manufacturing and maintenance work on a crucial section of Boeing 787 aircraft.Boeing, which has been dogged by questions over whether its safety culture is rigorous enough, said the issues had been investigated and "did not present a safety
Business

What is ‘AI washing’ and why is it a problem?

[ad_1] 10 minutes agoBy Emma Woollacott, Technology reporterGetty ImagesAmazon had to defend the use of AI technology in its physical grocery storesAmazon received critical headlines this year when reports questioned the “Just Walk Out” technology installed at many of its physical grocery stores.The AI-powered system enables customers at its Amazon Fresh and Amazon Go shops to simply pick their items, and then leave.Open to people who have registered via an app, the