UK and France to strengthen links in tech and AI
The tech sectors of Britain and France will be brought closer together with plans for a digital conference, due to take place this year, aimed at promoting integration in the digital economy and to helping both countries seize the economic and social benefits of fast-developing tech such as AI.
Government launches product safety and standards office
The government has announced the creation of a new national oversight body tasked with identifying consumer risks and managing responses to large-scale product recalls and repairs. The new office is also tasked with ensuring the UK carries out appropriate border checks on imported products once the it leaves the European Union.
WEF reports outlines the biggest business risks for 2018
The prospect of strong economic growth in 2018 presents leaders with an opportunity to address signs of severe weakness across societies, economies, international relations and the environment. This is among the headline messages of the World Economic Forum’s annual report on the global risk landscape, published today.
FSB responds to Carillion collapse
Business group the Federation of Small Businesses has said it is it is vital that Carillion’s small business suppliers are paid what they are owed, or some of those firms could themselves be put in jeopardy, putting even more jobs at risk besides those of Carillion’s own employees.
Innovate UK announces availability of cyber innovation grants
Innovate UK and the Department for Digital, Culture, Media and Sport, has up to £500,000 for ideas in cyber security coming out of academic institutions. The funding is part of the government’s cyber security academic startup programme. The competition has been developed to examine ideas to protect information systems, data and services from unauthorised access or accidental harm. There must be a clear intention to commercialise the idea, and that must have the support of the relevant academic institution.
Firms’ reputations strengthen, CBI report claims
Analysis by the Confederation of British Industry suggests a rise in the number of people who believe businesses in the UK have a good reputation. The research, comparing perceptions of businesses between May and November 2017, reveals 2 in 3 people think UK businesses have a good reputation, up 7% in 6 months.
Munich Re enters into drone technology partnership with Betterview
Munich Re has partnered with InsurTech company Betterview to offer drone imagery, analysis and reporting to Munich Re’s insurance company clients. Betterview offers drone-based inspection services that capture high-resolution images of commercial and residential properties. Betterview also offers cloud-based software to organise, store and analyse the captured images to support an insurance company’s underwriting inspection, loss control and claims adjustment processes.
Shipowners urged to prepare now for 2020 emissions legislation
Failure to comply with upcoming emissions caps could affect the validity of a shipowner’s insurance cover, according to warnings from Marsh. It says shipowners could find that their vessels are deemed unseaworthy and their insurance cover is affected by failing to comply with more stringent sulphur emissions (SOx) regulations set to be introduced in January 2020.