China factory output

China’s factory activity contracted for a second month in a row in November 2023. Non-manufacturing activity hit yet another new low this year, signalling that the world’s second-largest economy was still not out of the woods and may require more policy support. The official manufacturing purchasing managers’ index unexpectedly dropped slightlyRead More →

Robinhood app

Online investments app Robinhood said Thursday 30th November 2023 that it’s set to launch its platform in the U.K. in early 2024, marking the company’s third attempt at cracking international expansion. Features on offer by the firm include the ability to choose from 6,000 U.S. stocks including Tesla, Amazon and Apple, andRead More →

U.S. GDP revision

U.S. GDP figure better that forecast The U.S. economy grew even stronger than previously calculated in the third quarter, the result of better than expected business investment and stronger government spending, the Bureau of Economic Analysis reported  Wednesday 29th November 2023. Gross domestic product (GDP), a measure of all goodsRead More →

Amazon AI chip

Amazon Web Services (AWS) announced Trainium2, a chip for training artificial intelligence (AI) models, and it will also offer access to Nvidia’s next-generation H200 Tensor Core graphics processing units. Amazon’s AWS cloud department of the encompassing Amazon empire has announced new chips for customers to build and run artificial intelligenceRead More →


Spending plans outlined in the chancellor’s Autumn Statement represent ‘a very big fiscal risk’, according to the UK’s OBR. Mr Richard Hughes, chair of the Office for Budget Responsibility (OBR), told MPs on the Treasury Select Committee that spending plans carried a level of ‘uncertainty’. He suggested that much ofRead More →


A recent cyber-attack on CTS, a company that provides IT services to law firms and other organisations in the UK legal sector.  It was reported the cyberattack occurred on Wednesday, 22nd November 2023, and caused a widespread outage that affected dozens of law firms and homebuyers.  The cyberattack was reportedlyRead More →

Virgin 100% biofuel transatlantic flight

The first transatlantic flight using 100% sustainable aviation fuel (SAF) is scheduled to take off on Tuesday, 28th November 2023.  UK Government funded project The flight is operated by Virgin Atlantic and will fly from London’s Heathrow to New York’s JFK airport. The flight is part of a UK government-funded projectRead More →


Singapore is planning to introduce stricter regulations for cryptocurrency service providers in order to protect retail customers from the higher financial risks associated with digital assets.  Some of the proposed measures Requiring crypto service providers to disclose the fees and charges for their services, as well as the risks andRead More →

Bank online outage

It is widely reported that HSBC‘s online banking system is experiencing some problems today, 24th November 2023.  According to the news reports, many customers are unable to access the app or the website or make payments.  The bank has acknowledged the issue and said it is working hard to fixRead More →

UK autumn statement

Some of the main takeaways from the chancellor’s autumn statement November 2023 National Insurance rate cut from 12% to 10% from 6 January, affecting 27 million people. The 75% business rates discount for retail, hospitality and leisure firms in England extended for another year. Class 2 National Insurance – paidRead More →