June 29, 2005
High street sales fall to 22 year low
Link: High street sales fall to 22 year low
Filed under: Economy News
by brian_turner
According to the CBI’s monthly distributive trades survey, in June, year-on-year UK retail sales fell by the largest amount for 22 year.
Approximately 23% of retailers recorded a year-on-year increase in sales, but 42% recorded a decline, giving a balance figure of -19, ...
Foreign firms attracted to UK investment
Link: Foreign firms attracted to UK investment
Filed under: Economy News
by brian_turner
, approximately 40,000 jobs were created in 2004/05 from 1,066 investment projects from foreign firms, a substantial increase from the 25,463 jobs created by 811 projects in the previous year.
The number of IT and software projects increased by 61% to 240, and ...
Wanadoo to become Orange
Link: Wanadoo to become Orange
Filed under: Internet News
by brian_turner
Wanadoo, the Internet service provider, is changing its name to Orange. France Telecom, the owner of both Wanadoo and Orange is implementing the change to create more unified business identity.
Wanadoo will be phased out both in the UK and across all its other ...
Phisher receives six year jail sentence
Link: Phisher receives six year jail sentence
Filed under: Phishing News
by brian_turner
A UK-based American citizen, Douglas Havard, has received a six-year jail sentence for stealing up to £6.5m through identity fraud. He was sentenced at Leeds Crown Court.
Havard, who comes from Dallas, Texas, created fake credit cards with stolen bank details as part of ...
MPs force ID cards rethink
Link: MPs force ID cards rethink
Filed under: General News
by brian_turner
Prime Minister Tony Blair said that he will listen to concerns about plans for identity cards after his Commons majority was reduced from 67 to 31 on the issue.
Twenty Labour MPs rejected the ID card plans on Tuesday night. Senior MPs advise that ...
Study finds technology failing special needs
Link: Study finds technology failing special needs
Filed under: Technology News
by brian_turner
A study by the charity Sense has shown that deafblind people find technology difficult to use, despite the fact that many rely on technology for communication, access to information and achieving independence. Nearly 50% of those surveyed who used assistive technology were experiencing ...
June 28, 2005
Technology industries concerned at P2P ruling
Link: Technology industries concerned at P2P ruling
Filed under: Legal News
by brian_turner
Technology industry experts are concerned about the implications of a ruling by the US Supreme Court that file-sharing networks, such as Grokster, can be held responsible if the main purpose of their software is to allow customers to swap songs and movies illegally. ...
New iTunes offers Podcasting support
Link: New iTunes offers Podcasting support
Filed under: Apple News
by brian_turner
Apple’s new version of its iTunes program includes the ability to download podcasts – downloadable audio shows. The company aims to take podcasting into the mainstream by providing a directory of 3,000 shows.
The ITunes software allows users to submit their podcasts for ...
Royal Dutch/Shell to become single company
Link: Royal Dutch/Shell to become single company
Filed under: Companies News
by brian_turner
RoyalDutch/Shell, the Anglo-Dutch oil company, has secured shareholders approval to merge its dual-ownership structure and create a single company worth £120bn.
The firm is 60% owned by Royal Dutch Petroleum and 40% by Shell Transport & Trading Company. A merger is expected to ...
Computacenter issues second profits warning
Link: Computacenter issues second profits warning
Filed under: Technology News
by brian_turner
Computacenter, the PC sales and services firm, has issued its second profits warning for 2005. The company said it expected sales in the first six months of the year to be approximately 10% down on the same period last year. The company said ...
June 27, 2005
US rules file-sharing illegal
Link: US rules file-sharing illegal
Filed under: Legal News
by brian_turner
The US Supreme Court has ruled that file-sharing companies, such as Grokster and Morpheus, .
It had been thought that the Supreme Court would rule in favour of file-sharers because of legal precedents set when video recorders first appeared.
The legal case against ...
Bank of England warns on long-term debt
Link: Bank of England warns on long-term debt
Filed under: Economy News
by brian_turner
In its Financial Stability Review, the Bank of England warned that a downturn in the economy could cause problems with individual and company debt repayment.
Although short-term risks are low, the Bank warned about a possible long-term domino effect if banks called ...
ID card concerns raised by LSE
Link: ID card concerns raised by LSE
Filed under: Security News
by brian_turner
Tony Blair re-confirmed his commitment to the introduction of ID cards the day before the ID Cards Bill has its second reading in the House of Commons. Mr Blair said he is confident that the public back them in principle.
According to ...
Microsoft unveils IE7 at Gnomedex
Link: Microsoft unveils IE7 at Gnomedex
Filed under: Microsoft News
by brian_turner
Microsoft's Internet Explorer 7 browser, scheduled for release this summer, will make it easier for people to be made aware of website updates.
IE7 was revealed at the Gnomedex technology conference in Seattle, US, on Friday. It will feature an orange button, which ...
British Gas to increase prices
Link: British Gas to increase prices
Filed under: Companies News
by brian_turner
has warned that it expects its gas to increase significantly over the coming year. , which owns British Gas, said its electricity bills would also increase. It attributed the planned increases to soaring wholesale prices.
In 2004, British Gas increased its ...
June 24, 2005
Password protection management in crises
Link: Password protection management in crises
Filed under: Security News
by brian_turner
A survey of 175 IT professionals, by IT security firm Cyber-Ark found that 10% of firms never changed their central administrative passwords and a further 5% did not even change the manufacturer's default password which was supplied with the system. One IT manager ...
Property for pensions will benefit savers: Datamonitor
Link: Property for pensions will benefit savers: Datamonitor
Filed under: Pensions News, Finance News
by brian_turner
Research group, Datamonitor, claims that the wealth of the richest members of society will increase by £2b, if government plans to simplify pension rules are implemented.
The rules, which are expected to be introduced in April 2006, will allow people to include ...
PWC claim new technology driving strong online sales
Link: PWC claim new technology driving strong online sales
Filed under: Ecommerce News
by brian_turner
A report by PricewaterhouseCoopers claims that new technology is driving strong growth in the global entertainment and media industry.
Due to the increase in the online distribution of music, films books and games, the industry is expected to grow in value to $1,800bn ...
Euro losses continue as ECB expected to raise rates
Link: Euro losses continue as ECB expected to raise rates
Filed under: Economy News
by brian_turner
Speculation that the European Central Bank (ECB) may reduce interest rates to support the continent's struggling economies, caused the euro to fall to $1.1983 on Friday, the first time it has gone below $1.20 since August 2003. Later in the day it recovered ...
Software piracy viewed as normal: study
Link: Software piracy viewed as normal: study
Filed under: Technology News
by brian_turner
The results of a government-commissioned study to find if the anti-piracy message was having an impact on people’s attitudes, were previewed at a games conference in London.
The ‘Fake Nation’ report, which questioned 2,400 people, will be formally presented next week by ...