Posts by Gus Lovatt
DeepMind: the AI Revolution
Artificial intelligence is the ability of a computer to do tasks usually carried out by humans, by mimicking human thinking to learn how to improve at tasks independently. Though there have been recent breakthroughs in Artificial Intelligence, especially in the automotive and robotics industries, the field is still in its infancy. Although the software that…
Read MoreThe UK Energy Crisis: What’s Happening?
On Thursday 3 February, the UK government energy regulator OFGEM revised the UK domestic energy price cap, increasing the limit by 693 GBP – a 54% rise – for 22 million customers. This article will look at the underlying causes of the price rise, and evaluate some of the impacts both to consumers and wider…
Read MoreGovernment Announces: Developers Facing the Bill for Cladding Removal
On 10th January 2022, Michael Gove – acting as the Secretary of State for Levelling Up, Housing and Communities – announced that the UK government must reach a ‘new deal with industry’ by March 2022 in how to solve the cladding ‘crisis.’ If developers do not put forward a fully-funded plan, estimated to require 4…
Read MoreThe UK’s race to battery and EV production
The UK’s race to stay competitive in the global automotive industry, a significant source of both Gross Domest Product (GDP) and Foreign Direct Investment (FDI), will soon reach its critical point. According to the Department for International Trade, the industry contributed 15.3 billion GBP to UK GDP in 2020, down from its peak of 22…
Read MoreParkmead Acquires Kempstone Hill: Can Small Energy Corporations Benefit from entering the Highly Concentrated Renewables Energy Market?
On 1st February 2022, oil and gas group Parkmead announced their acquisition of wind farm owner Kempstone Hill for a price of 3.29 million GBP. The deal adds a 1.5-megawatt (MW) Scotland-based onshore wind farm to Parkmead’s portfolio. This transaction will be completed through a 990,000 GBP loan. Parkmead said the acquisition will help it…
Read MoreFord Motor Company: A race to the Future
Ford Motor Company is a well-known American multinational automobile company that engages in the manufacturing, designing, and servicing of Ford trucks, utility vehicles and cars as well as Lincoln luxury vehicles. The company operates in three segments. Firstly, there is the automotive segment which involves the development, manufacturing, and servicing of the company’s products. The…
Read MoreIs Automobile Manufacturing Sustainable?
There has been growing pressure to transform the automobile industry in recent years. Legislature in the industry has been growing rapidly, with lawmakers taking a particular focus on carbon emissions. Manufacturers are required to reduce emissions through the manufacturing process as well as the emissions of the vehicle themselves. The value chain of car manufacturing…
Read MoreBYJU and the Future of Education and Technology in Asia
The inevitable impact of school closures on the ed-tech industry in Asia has been evident through the rapid growth of companies since the beginning of the pandemic. This is supported by the dramatic increase in shares for GSX, a Chinese online education provider, which jumped 92% from the start of 2020 to March and reported…
Read MoreA Tale of Two Central Banks
Following the 26th of January, the Federal Reserve announced that it was going to keep its interest rates steady, however, onlookers expect several central bank rate hikes for 2022. Contrastingly, the People’s Bank of China (PBOC) recently cut policy interest rates for the first time since April 2020. A tightening labour market and inflationary pressures…
Read MoreEVERGRANDE and China’s Property Market Crisis
China’s property market has undoubtedly been a key driver of its economy ever since the country began opening its markets in the 1980s, and still proves to be a major contributor to the economy; estimated to make up 17-29% of GDP. The country has been reported to have been constructing more than 10 million residential…
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