More than 20 industrial companies have urged the UK government to go ahead with the planned £1.3bn Swansea Bay tidal lagoon. They said it could be crucial to meeting the UK's energy needs, in a letter to the Financial Times. The Hendry Review - set up to consider the lagoon plan's viability - is to be published on Thursday. The firms said the project was one of the "biggest industrial opportunities in a generation". on 11 Jan 2017
At CES 2017, there were fridges that take photos of their contents that you can check remotely, TVs so thin that they can stick to your walls with magnets, smartphones which let you see how clothes look on virtual models that appear right in front of you, and gaming laptops with three screens – all from some of the world’s biggest technology companies. on 10 Jan 2017
Oil price slump pushes UK oil and gas sector insolvencies to five-year high
The oil price slump drove insolvencies in the UK oil and gas sector to a five-year high in 2016, according to accountancy firm Moore Stephens. There was an eightfold increase in the number of companies that collapsed last year, from two in 2015 to 16 in 2016. In 2014, six companies folded, compared to just one in 2013 and none in 2012. "The collapse of the price of oil has stretched many UK independents to breaking point," said Jeremy Willmont, head of restructuring and insolvency at Moore Stephens." on 03 Jan 2017
Lee has been at BearingNet since May 2014. She loves all things techy from the Internet to gaming to new gadgets. Lee loves to read, and always has her kindle with her. She also does lindy hop, crochets and writes.