Heathrow Won't Get Third Runway

Campaigners have won the Court of Appeal ruling over plans for third runway at Heathrow on environment grounds.

The government will not appeal the decision, as such Heathrow won't get its third runway.
 
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Beware The Coronavirus Container Crunch

Lars Jensen from SeaIntelligence in Copenhagen said the loss of traffic , as a result of the coronavirus shutting down China's ports and container business, is running at 300,000 containers a week.

This will cause a logistical crunch in Europe in early March even if the epidemic is brought under control quickly.

This will lead to shortages and price rises.

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Barclays Using Technology To Boost Productivity

Barclays has installed software on staff computers which monitors employee activity and delivers a pop-up message if they're deemed not to be working hard enough. https://t.co/wWn5Y1xC4p

— Mark Di Stefano (@MarkDiStef) February 20, 2020

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Boris Gives HS2 The Thumbs Up

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China's Economy Tanking

BEIJING, Feb 11 (Reuters) - Chinese President Xi Jinping warned top officials last week that efforts to contain the new coronavirus had gone too far, threatening the country's economy, sources told Reuters, days before Beijing rolled out measures to soften the blow.

— Vincent Lee (@Rover829) February 11, 2020

This will be a difficult balancing act; on the one had trying to kick start the economy, on the other hand trying to kill to coronavirus. 

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Nissan Halts Production at Kyushu Due To Coronavirus

Reuters: NISSAN MOTOR TO TEMPORARILY HALT PRODUCTION AT KYUSHU PLANT DUE TO CORONAVIRUS -NIKKEI

— Vincent Lee (@Rover829) February 10, 2020

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Boeing's Fucked!

BREAKING: Boeing engineers have discovered a new software problem on the grounded 737 Max that must be patched before the plane can return to service, according to Federal Aviation Administration chief Steve Dickson https://t.co/M7W2O2uMyX pic.twitter.com/MvSUI8OvNm

— Bloomberg (@business) February 6, 2020

Slow Hand Clap For The EU For Fucking Up Contactless Card Payments!

A Brussels crackdown on contactless payments could cause mass confusion for millions of customers and trigger a €57bn (£48bn) hit to businesses across Europe, experts have warned.

The new Strong Customer Authentication (SCA) rules require banks to verify a customer’s identity every time they make payments totalling €100 (£85).

It means that if customers breach this limit through repeated contactless card payments, they will be forced to type their pin into a machine.

There are fears that the changes – which have already been introduced by Britain's biggest banks – will baffle customers, meaning many walk away rather than paying.

A report published by 451 Research that was commissioned by payments company Stripe estimated that €57bn of payments across the European Union will be abandoned as a result of the extra checks.

Google Apologises For Takeout Breach of Privacy

Google has apologised after finding a bug which meant some people’s private videos were shared with others by mistake.

The bug affected Google Takeout, which enables Google Photo users to export the content of their accounts, for four days, between 21 and 25 November 2019. Google said those who used it may have either received an incomplete archive, or some videos which were not theirs.

Bear in mind, that nothing online is truly "private". Someone, somewhere always has the opportunity to eavesdrop and spy on you!

China Attempting To Stabilise Corona Infected Economy

Exclusive: As virus fallout widens, China readies more measures to stabilize economy - sources https://t.co/Cq3sRwYSr0 pic.twitter.com/yuANLx7uBF

— Reuters (@Reuters) February 4, 2020

Measures include:

- loosening monetary policy
- reducing growth forecasts
- increasing government expenditure
- reducing banks' capital requirements
- cutting taxes

Chinese Economy Catches The Coronavirus

#China's securities regulator CSRC has reportedly notified brokerages to suspend short selling of stocks from Feb 3, according to the 21st Century Business Herald.

— YUAN TALKS (@YuanTalks) February 2, 2020

Happy HS2 Day!

Huawei Announcement Expected Noon

Boris Johnson is expected to give Huawei limited access to the UK market.

The announcement is due at around noon.

The End of Uncertainty Boosts The Economy II

Deutsche Bank: Tory majority brings clarity & certainty for businesses.

Standard Chartered: The view of the UK has improved considerably over the past couple of months.

UBS Investment: Investment is returning to the UK, people are coming off the sidelines.

RIP Project Fear

— Mason Mills (@MrMasonMills) January 27, 2020

The End of Uncertainty Boosts The Economy

Keenly watched early indicator of UK economy suggests private activity turned around in January, after election/ political uncertainty ends: https://t.co/W0oDVwlScp

— Faisal Islam (@faisalislam) January 24, 2020