today’s financial news

UK’s Rishi Sunak delays plan to plug Britain’s budget black hole
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UK’s Rishi Sunak delays plan to plug Britain’s budget black hole

PM and finance minister Hunt take ‘prudent’ decision Sunak tells cabinet: “Important to reach right decisions” Markets react, but scale of moves muted compared to SeptemberLONDON, Oct 26 (Reuters) – Britain’s new Prime Minister Rishi Sunak on Wednesday delayed the announcement of a keenly awaited plan for repairing the country’s public finances until Nov. 17, two-and-a-half weeks later than previously planned. The postponement, Sunak’s first policy decision since taking over from Liz Truss on Tuesday, briefly raised British borrowing costs in financial markets but there was no repeat of the panic bond selling caused by Truss’s September tax-cutting plan.…
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We’re with you every step of the way! – RoSPA Workplace Safety Blog
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We’re with you every step of the way! – RoSPA Workplace Safety Blog

Whether you’re a returning entrant, or brand new to the RoSPA Health & Safety Awards, going through the entry process can seem a little daunting… but don’t panic! We have a highly dedicated team at RoSPA to help. We caught up with two members of the RoSPA team, Dr Karen McDonnell and Matt Cryer, to find out how they can help entrants on their awards journey.Dr Karen McDonnell, CFIOSH, Chartered FCIPDOHS Policy Adviser, Head of RoSPA Scotland, Past President IOSHAs a highly motivated advocate for safety and health, Karen is skilled in partnership working, with a track record of…
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Online Driving Courses – RoSPA Workplace Safety Blog
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Online Driving Courses – RoSPA Workplace Safety Blog

In the UK, one of the few growth sectors during the COVID-19 pandemic has been transportation services and in particular, food delivery. By the end of March 2020, revenue in the UK online groceries delivery segment was up by 11.5% compared with Jan-March in the previous year. Despite the amount of traffic on our roads falling to levels not seen since 1955 during the pandemic, the number of people driving for work to deliver food and other items has increased. In the same month, Tesco added more than 200 new vans and hired another 2,500 drivers. Other supermarkets such as…
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India Seeks to Separate Lenders to Ease Clean Energy Financing
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India Seeks to Separate Lenders to Ease Clean Energy Financing

(Bloomberg) — India may unwind a four-year-old decision to combine two state-run lenders as it seeks to sidestep local rules that restrict them from funding power projects in one of the world’s fastest-growing energy markets. The government is discussing a plan for state-run Power Finance Corp. to sell its controlling stake in REC Ltd. to transmission utility Power Grid Corp., which is flush with cash, Raj Kumar Singh, the nation’s power minister, said in an interview in New Delhi. Power Finance and REC will enjoy their different exposure limits as separate companies, potentially resulting in greater project funding, he said.…
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Defacto gets a new credit facility to provide instant financing to small companies
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Defacto gets a new credit facility to provide instant financing to small companies

French startup Defacto has closed a new securitization fund that will be used to provide short-term loans to small and medium enterprises via an embedded, API-first approach. This is a new fund of up to €167 million ($183 million) with Citi and Viola Credit acting as the lenders. This is significant news for the startup as it means that it will have more capital to deploy, which will eventually generate more revenue. As a reminder, Defacto wants to offer credit products using an API in the fintech products that you already use. With this embedded finance strategy, Defacto can leverage…
by Wirya•
Brain Food – JennifersKitchen
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Brain Food – JennifersKitchen

The brain is the most complex organ of the human body. It’s also a very hungry organ. The brain gobbles up about 20 percent of your daily calorie intake. And research shows that the food we eat directly affects the structure and function of our brain. But can certain foods actually improve memory, help us concentrate, make us more intelligent, and help us think more clearly? Research says positively yes. We can make our brains work better simply by feeding them the right foods. Here, some smart foods to add to your meals this week. The Brain Diet FruitsFruit…
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Ultra-Processed Foods May Impair Cognition in Elderly
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Ultra-Processed Foods May Impair Cognition in Elderly

Processed or ultra-processed? An article earlier this year in the European Journal of Nutrition reported that high consumption of ultra-processed foods is linked to worse-than-average performance on one particular test of cognitive function in older US adults (60+ years-old) who did not have chronic diseases such as diabetes or cardiovascular disease. The particular test was “Animal Fluency.” Never heard of it? Me either. Keep reading. The study included 2,700 participants, average age 69. Participants were asked to recall what they ate in the prior 24 hours. Foods were “classified according to NOVA, a food classification based on the extent and…
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Overweight US Adolescents Eat More Ultra-Processed Foods
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Overweight US Adolescents Eat More Ultra-Processed Foods

September 21, 2022 · 7:00 PM“One little piece won’t hurt . . .” An article in the Journal of the Academy of Nutrition and Dietetics found an association between overweight/obesity and consumption of ultra-processed foods in US adolescents. The study looked at 3,600 adolescents who reported their food intake over a 24-hour period. The results are pretty strong: the more ultra-processed food consumed, the greater the odds of overweight and obesity. Jan at The Low Carb Diabetic blog reported that:Ultra-processed foods make up ‘two-thirds of calories consumed by children and teens’Experts from Tufts University in Massachusetts studied two…
by Wirya•