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Gin consumption soars amid boom in new UK distilleries

The British gin industry had a record-breaking year in 2015 after 49 new distilleries opened their doors and and consumers spent nearly £1bn on their favourite tipple. The value of gin sold in the UK’s supermarkets and off-licences hit the £400m mark for the first time while sales topped £500m in pubs, restaurants and bars, according to a report from Read More


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Sports Direct’s Ashley warned of potential action over Parliament snub

Sports Direct (SPD.L) founder Mike Ashley has been told he could be in contempt of Parliament if he ignores a summons from MPs to answer questions about the treatment of workers at Britain’s biggest sportswear retailer. The chairman of Parliament’s Business, Innovation and Skills Committee, Iain Wright, said in a letter made public on Wednesday that Ashley had not responded Read More


Dreaming big with biomimetics—could future buildings be made with bone and eggshells?

As the world grapples with climate change, we urgently need to find ways of reducing our CO₂ emissions. Sectors which rely heavily on fossil fuels, such as energy and aviation, are commonly held to be the worst offenders. But what most people don’t realise is that there’s another culprit, hiding in plain sight; on the streets of our cities, and Read More


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UBS and Deutsche Bank lose bonus tax challenge

Supreme court backs HMRC and rules bonus schemes operated by investment banks are not exempt from tax City of London, the capital’s financial district. The supreme court ruling on UBS and Deutsche Bank covers bonuses paid out as far back as 2004. Photograph: Matthew Lloyd/Getty Images UBS and Deutsche Bank may have to pay tens of millions of pounds to Read More


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FTSE gets lift from Prudential results

Britain’s top share index rose on Wednesday, boosted by a rise in insurer Prudential after it announced a special dividend with results that beat expectations. Prudential rose 2.9 percent, the top FTSE 100 riser, after its profit was lifted by strong performances at its British, U.S. and Asian life businesses. “Overall Prudential remains in good shape and … has allayed Read More


System loads web pages 34 percent faster by fetching files more effectively

There are few things more frustrating than a slow-loading web page. For companies, what’s even worse is what comes after: users abandoning their site in droves. Amazon, for example, estimates that every 100-millisecond delay cuts its profits by 1 percent. To help combat this problem, researchers from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) and Harvard University have developed Read More


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Sunday trading change ‘dead’ after Commons defeat for Cameron

Number 10 has conceded that its plans to relax Sunday trading laws are dead in the water, after David Cameron suffered his first House of Commons defeat since the election at the hands of his own Conservative MPs. The government’s attempt to let shops trade for longer than six hours each Sunday was voted down after 26 Tory backbenchers teamed Read More


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Palace complains over report the Queen backs EU exit

ritain’s Queen Elizabeth visits the National Memorial to the Few in Folkestone, southern England March 26, 2015 in Folkestone, England. REUTERS/CHRIS JACKSON/POOL Buckingham Palace said it had launched an official complaint with Britain’s press watchdog on Wednesday over a newspaper report that Queen Elizabeth backs a British exit from the European Union, saying the monarch remains politically neutral. Under the Read More


Nations ranked on their vulnerability to cyberattacks

Damaging cyberattacks on a global scale continue to surface every day. Some nations are better prepared than others to deal with online threats from criminals, terrorists and rogue nations. Data-mining experts from the University of Maryland and Virginia Tech recently co-authored a book that ranked the vulnerability of 44 nations to cyberattacks. Lead author V.S. Subrahmanian discussed this research on Read More


The Keys to Unlocking Your Child’s Emotional Intelligence

No matter where you are in the world, I’d bet good money that any parent you meet would tell you the same thing: Raising their child is the most important job they’ll ever have. Bringing a human being into the world and guiding him or her safely into adulthood is both an awesome privilege and a weighty responsibility – and Read More