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BoE - 1 Neil Carberry - 1 REC's - 1 Claire Warnes - 1 Suban Abdulla - 1 William Schomberg - 1
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Bank of England's - 1 Confederation - 1 KPMG - 1 REC - 1 Thomson - 1

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☆ UK jobs market cools again, pay growth weakest since April 2021: REC
  + stars: | 2023-07-09 | by ( ) www.reuters.com   time to read: +2 min
The Recruitment and Employment Confederation (REC) and accountants KPMG said increases in starting salaries for permanent and temporary staff were the weakest since April 2021. The BoE, which has raised interest rates 13 times since late 2021 in an attempt to tame the highest inflation rate among the world's big rich economies, has said it expects pay growth to weaken, easing price pressures. The monthly REC survey showed the availability of staff rose for the fourth month in a row to 57.6 from 55.6 in May, the steepest month-on-month increase since November 2009 excluding the coronavirus pandemic period. REC said uncertainty over the economic outlook weighed on hiring decisions in June. Vacancies ticked up further in June although the pace of growth was the weakest since records started in March 2021.
Persons: BoE, Neil Carberry, REC's, Claire Warnes, Suban Abdulla, William Schomberg Organizations: Bank of England's, Confederation, KPMG, REC, Thomson
☆ EU telecoms regulators' group criticises forcing Big Tech to pay 5G rollout
  + stars: | 2023-05-19 | by ( ) www.reuters.com   time to read: 1 min
BRUSSELS, May 19 (Reuters) - The EU telecoms regulators' group BEREC on Friday criticised a push by telecoms providers to get Big Tech to help pay for the rollout of 5G and broadband in Europe, saying it doubted whether such a move would help the bloc meet its connectivity targets. The Body of European Regulators for Electronic Communications (BEREC) said a mandatory financial fee may lead to higher costs for consumers and impact Europe's net neutrality rules. The comments were part of BEREC's feedback - submitted on Friday - to the European Commission which is looking into the issue. Reporting by Foo Yun Chee; Editing by Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.
☆ UK recruiters slow pace of pay growth in March, REC survey shows
  + stars: | 2023-04-12 | by ( Suban Abdulla | ) www.reuters.com   time to read: +2 min
LONDON, April 12 (Reuters) - Britain's labour market showed signs of a slowing in the sharp pace of pay growth in March and a shortage of candidates eased for the first time in two years, according to a survey of recruiters published on Wednesday. The Recruitment and Employment Confederation/KPMG said increases in starting salaries for permanent staff were the second-weakest in nearly two years, but remained high in historical terms. Billings for temporary workers, which often increase when employers are cautious about the outlook, rose at the fastest pace in six months. "The continuing fast rate of pay growth is likely reflective of the impact of inflation on wage offers, as well as low labour supply," Carberry said. Vacancies ticked up further in March although the pace of growth eased slightly from a four-month high in February.
☆ EU regulators group against big tech paying for telco infrastructure
  + stars: | 2022-10-11 | by ( ) www.reuters.com   time to read: +2 min
Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado RuvicAMSTERDAM, Oct 11 (Reuters) - A group of European telecom regulators does not support the idea of having big tech firms such as Google and Netflix paying for telecommunications infrastructure, it said in initial findings published on Tuesday. However, digital rights groups fear that if the big tech firms fund infrastructure, they will also strike deals with telecom firms to give their own traffic preferential treatment, undermining the principle of net neutrality. In a reaction to the BEREC findings, telecom lobby group ETNO - the European Telecommunications Network Operators, which represents Deutsche Telekom, Orange Group, Telefonica and others - rejected the BEREC findings as outdated and said it would submit new evidence to the Commission to support its position. EU industry chief Thierry Breton has said the European Union will review the matter early in 2023.
☆ Electric robots are mapping the seafloor, Earth’s last frontier
  + stars: | 2021-10-26 | by ( Milly Chan | ) edition.cnn.com   time to read: +5 min
But despite covering more than 70% of the Earth’s surface, the ocean is still a relative mystery. While working at NASA, he developed technology to power ocean robots by harnessing “the naturally occurring temperature difference” of the sea, Chao told CNN Business. This dives a kilometer down to examine the chemistry and shape of the seabed, using sonar to create a map of the surrounding area. Attaching Seatrec’s energy system adds another $25,000, Chao said. “Unlike mapping the Earth’s surface where we can use a camera [or] satellites, at sea, light does not penetrate through the water column.
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