A report by the Institution of Mechanical Engineers (IMechE) suggests that making UK transport fully accessible to disabled passengers could boost the economy by £176bn annually by enabling millions more people to enter the workforce. The current system excludes nearly a quarter of the working-age population due to accessibility barriers.
Vietnam is intensifying a nationwide crackdown on intellectual property violations, including counterfeit goods, under pressure from the US. Authorities are increasing busts, but vendors and economists note the challenge of eradicating the deeply entrenched black market, fueled by low incomes and high demand.
EasyJet has agreed in principle to a £5.5bn takeover offer from US investment firm Castlelake, which would take the UK's largest low-cost carrier private. The deal, valued at £6.90 per share, comes after weeks of negotiations and follows two profit warnings and a challenging macroeconomic environment for the airline.
EasyJet has accepted a £5bn takeover offer from US investment firm Castlelake, which would take the FTSE 250 airline private. The offer of £6.90 per share comes after previous offers were rejected for undervaluing the company. Castlelake expressed respect for easyJet's employees and plans to support its future growth and fleet modernization.
Private equity firms control significant portions of UK public services, receiving billions in public funds. Concerns are rising over financial engineering, debt loading, and the risks borne by vulnerable individuals when these services fail, as seen in children's homes and care providers.
OpenAI's "Stargate UK" datacentre project, touted as a major US-UK tech partnership, faces scrutiny. Revelations show OpenAI never visited key sites, and £20bn of £30bn "potential" investment may have been hypothetical, raising questions about the project's substance.
