Weekly Digest – 13 December 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward.

Microsoft partners with LSE in a multibillion-pound deal on data analytics and cloud technology

Microsoft will buy 4% of the London Stock Exchange and take a seat on the London Stock Exchange Group board, which runs the FTSE 100 stock market index.

Rail strikes to go ahead as talks collapse

Rail staff are among hundreds of thousands of workers striking this winter across many sectors, including the Royal College of Nursing, ambulance staff, firefighters and doctors.

The income squeeze is the worst we’ve seen in decades

Britain is in the worst cost of living crisis in a generation, with families struggling to pay bills, feed children and keep the roof over their heads. Catch up with three families to learn how they’re coping.

WTO finds that Trump tariffs broke global trade rules

The World Trade Organization has found that US tariffs on steel and aluminium imports imposed by Trump in 2018 violated global trade rules. The US says it stands by the tariffs.

UK economy grows in October, but experts say we shouldn’t get too excited about it

Britain’s economy returned to growth in October after the Queen’s funeral bank holiday. However, the Bank of England says the economy is probably already in a recession.

End of zero-Covid policy in China welcomed, but experts fear the worst is yet to come

Economists have welcomed Beijing’s quick dismantling of zero-Covid controls. However, there is growing concern about the toll isolation and frequent harsh lockdowns will have on the country’s economy and people.

Labour wants to turn Britain into a start-up hub

Labour hopes to seize economic ground that the Conservatives abandoned with plans to help fund fast-growing startups.

The power grid didn’t need coal plants when it was put to the test on Monday

National Grid has stood down two coal-fired units on standby to generate electricity in case supplies were disrupted because of cold weather. Energy demand is currently high, and renewable energy is less available due to frigid temperatures.

The blue “verified” check is back on Twitter, but nobody seems to know what it means

It again costs money to have a blue tick and even more if you’re using Twitter on an Apple device. Some users also have a message that appears if the tick is pressed, saying the account is a “legacy verified account” and “may or may not be notable”.

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