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Wednesday newspaper round-up: Rolls-Royce, Amazon, Arm

(Sharecast News) - Reusing and repairing household goods, from washing machines to phones, and recycling throwaway consumer items such as plastic bottles, could create hundreds of thousands of green jobs across the UK, a thinktank has found. The UK creates thousands of tonnes of unnecessary waste each year, some of which is still exported, because of a failure to value resources and invest in the infrastructure needed to re-purpose manufactured goods. - Guardian Workers feel under pressure to disguise their mental health struggles from colleagues despite feeling less able to cope than they did before the pandemic, according to research released as the government advocates a return to the workplace. About half (51%) of respondents to a survey said they felt under pressure to put on a brave face at work, while four in 10 said they felt less resilient since the Covid crisis struck. - Guardian

Britain has taken a crucial step towards creating a fleet of mini reactors that would reduce reliance on Chinese money and nuclear technology after Rolls-Royce secured investment to build the world's first production line. A consortium led by the FTSE 100 engineer has secured at least £210m needed to unlock a matching amount of taxpayer funding, which will make it the first "small modular reactors" (SMR) developer to submit its designs to regulators. - Telegraph

Amazon has cut back its Cambridge drone delivery project, shooting down hopes of airborne package drop-offs in the near future. The US technology giant has reportedly slashed up to 100 staff at its Prime Air division, many of them in Cambridge, where the online retailer has been testing unmanned drone deliveries from a secret airfield. - Telegraph

The $40 billion takeover of Britain's most valuable technology business was thrown into doubt last night amid speculation that the government is thinking of blocking the deal on national security grounds. Last September it was announced that Arm, the Cambridge-based microchip designer, was being sold to Nvidia as part of the American chipmaker's push to capitalise on the booming market for semiconductors. - The Times

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Wednesday newspaper round-up: state pension, pharmaceutical companies, BMW
(Sharecast News) - A thinktank linked to Reform UK has called for the abolition of the state pension and £75bn worth of sweeping tax cuts in a "radical" report likely to influence the party's platform for the next election. The Centre for a Better Britain's (CFABB) report - which also calls for weaker rules for UK banks and Trump-style investment accounts offering £1,000 to newborns - will be formally launched at a private event with City executives on Wednesday. - Guardian
Wednesday newspaper round-up: state pension, pharmaceutical companies, BMW
(Sharecast News) - A thinktank linked to Reform UK has called for the abolition of the state pension and £75bn worth of sweeping tax cuts in a "radical" report likely to influence the party's platform for the next election. The Centre for a Better Britain's (CFABB) report - which also calls for weaker rules for UK banks and Trump-style investment accounts offering £1,000 to newborns - will be formally launched at a private event with City executives on Wednesday. - Guardian
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(Sharecast News) - Airlines have called for "action and accountability" over the UK's air traffic control services after a technical issue led to flights being disrupted for the second time in a fortnight. Dozens were cancelled and others severely delayed after a fault on Monday morning at National Air Traffic Services (Nats), this time at its second control centre at Prestwick in South Ayrshire. - Guardian
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(Sharecast News) - Meta has launched a fresh legal challenge against Britain's media regulator in the latest of a slew of actions by social media companies who are accused of using the courts to slow down implementation of the Online Safety Act. Lawyers for the parent company of Facebook served notice during the week in an appeal against placing WhatsApp and Instagram, which are also owned by Meta, in a category that subjects them to additional duties. - The Guardian

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