Author: adler

  • Google’s Bard AI bot mistake wipes 0bn off shares

    Google’s Bard AI bot mistake wipes $100bn off shares

    Google is searching for ways to reassure people that it is still out in front in the race for the best artificial intelligence technology.
    And so far, the internet giant seems to be coming up with the wrong answer.
    An advert designed to show off its new AI bot, showed it answering a query incorrectly.
    Shares in parent company Alphabet sank more than 7% on Wednesday, knocking $100bn (£82bn) off the firm’s market value.
    In the promotion for the bot, known as Bard, which was released on Twitter on Monday, the bot was asked about what to tell a nine-year-old about discoveries from the James Webb Space Telescope.
    It offered the response that the telescope was the first to take pictures of a planet outside the earth’s solar system, when in fact that milestone was claimed by the European Very Large Telescope in 2004 – a mistake quickly noted by astronomers on Twitter.
    “Why didn’t you factcheck this example before sharing it?” Chris Harrison, a fellow at Newcastle University, replied to the tweet.
    Investors were also underwhelmed by a presentation the company gave about its plans to deploy artificial intelligence in its products.
    Google has been under pressure since late last year, when Microsoft-backed OpenAI unveiled new ChatGPT software. It quickly became a viral hit for its facility in passing business school exams, composing song lyrics and answering other questions.
    Microsoft this week said a new version of its Bing search engine, which has lagged Google for years, would use the ChatGPT technology in an even more advanced form.
    Though investors have embraced the push for artificial intelligence, sceptics have warned rushing out the technology raises risks of errors or otherwise skewed results, as well as issues of plagiarism.
    A Google spokesperson said the error highlighted “the importance of a rigorous testing process, something that we’re kicking off this week with our Trusted Tester programme”.
    “We’ll combine external feedback with our own internal testing to make sure Bard’s responses meet a high bar for quality, safety and roundedness in real-world information,” they said.
    Last month, Google’s parent company Alphabet cut 12,000 jobs – about 6% of its workforce worldwide – amid layoffs at a number of leading tech giants.
    Read more:
    Google’s Bard AI bot mistake wipes $100bn off shares

  • UK needs almost a million new trades people

    UK needs almost a million new trades people

    The UK needs almost a million new plumbers, bricklayers and other trades over the next decade just to keep pace with demand, an industry report has claimed.
    The UK Trade Skills Index, conducted by Capital Economics on behalf of Checkatrade, the directory of tradespeople, said that the nation was facing an “urgent and alarming” shortage of skilled labourers. If nothing is done, the report estimates that the skills gap in the construction and repairs industry will reach 937,000 by 2032.
    The issue has been exacerbated by the post-Brexit exodus of European workers and an ageing workforce, one third of whom are over 50 and will likely retire within the next ten years.
    Richard Harpin, chief executive of Homeserve, which owns Checkatrade, said that the figures highlighted in the report should serve as a “wake-up call to everyone involved in the trade and construction industry”.
    He added: “The construction sector is finding itself in an increasingly alarming situation caused by Brexit, an ageing workforce and the cost of living crisis. Combined, this is creating a perfect storm in the industry and causing a widening skills gap, which we must address.”
    The shortage of workers has contributed to the UK consistently missing government housebuilding targets, Capital Economics claimed, as well as to higher building and repair costs for homeowners. It added that if the UK was serious about its ambition to achieve net zero by 2050, it would need more skilled construction workers. Having enough plumbers who can install heat pumps will be especially important in this regard.
    As well as plumbers and bricklayers, the report said that there was a particular lack of carpenters and electricians across the country. Never before, it added, has there been so many vacancies in the trades. Of the 937,000 new recruits needed to meet demand over the coming decade, the UK Trade Skills Index estimates that almost a quarter of a million must be qualified apprentices to stop the skills gap from worsening.
    An average of 24,400 new construction apprentices are required each year, which is a third more than the UK has produced in each of the past five years, Capital Economics calculated.
    The number of people undertaking construction apprenticeships has fallen by an average of 11 per cent every year since 2017, while the proportion of those who start but do not finish their course has risen.
    “We must do everything we can now to encourage younger generations to consider a career in the trades,” said Melanie Waters, who is overseeing Checkatrade’s upcoming “Get In” campaign to encourage more young people to begin construction apprenticeships.
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    UK needs almost a million new trades people

  • Royal Mail and BT awarded £20m in lorry cartel ruling

    Royal Mail and BT awarded £20m in lorry cartel ruling

    Europe’s market-leading lorry manufacturer must pay Royal Mail and BT about £20 million as part of a landmark cartel damages ruling that could pave the way for further compensation orders.
    Competition experts predicted that DAF, a company based in Eindhoven in the Netherlands, will pay Royal Mail alone more than £17 million after the competition appeal tribunal in London ruled that both British companies should be awarded damages.
    Lawyers said it was the first time that the tribunal had made an order for “follow-on” damages against one of the defendant companies in an earlier European Commission finding that they were involved in a cartel.
    It is expected that after the amount that DAF was determined to have overcharged as part of its cartel involvement is combined with an interest figure, the Dutch company will pay Royal Mail about £17.5 million in compensation. That figure is based on evidence before the tribunal that Royal Mail’s “value of commerce” — the company’s total expenditure on trucks bought from DAF during the period of its EU law infringement — was more than £260 million.
    BT is in line for lower compensation — possibly about £3 million — as the tribunal assessed that company’s value of commerce figure to be nearly £45 million.
    The figures are estimated as the tribunal has instructed the parties to attempt to arrive at a compensation deal. If they cannot, the case will return for a further hearing. The tribunal’s ruling is the latest ramification of a 2016 ruling by the Brussels commission, which found that five truck manufacturers — DAF, MAN, Daimler, Iveco and Volvo/Renault — had breached EU cartel laws.
    That ruling found that the companies had struck unlawful “collusive arrangements on pricing and gross price increases . . . for medium and heavy trucks” between 1997 and 2011.
    The hearing before the London tribunal was, said the three judges in their ruling, “the first of many such claims arising out of the infringement to go to trial in the UK”.
    Both Royal Mail and BT argued that they had bought or leased large volumes of lorries from DAF during the infringement period, when prices and lease payments were higher than they would have been if the companies had not formed an unlawful cartel.
    The two companies claimed damages relating to the overcharging and for other consequential losses.
    Competition law experts predicted that the tribunal’s ruling would open the doors to future claims. “The value of the overcharge found by the tribunal is quite high given that the value of relevant trucks can range from £60,000 to £300,000 over the period,” said Suzanne Rab, a barrister at Serle Court chambers in London.
    Rab added that the ruling was “likely to embolden other trucks cartel claimants whose claims remain to be heard and fuel the growing momentum of competition damages claims in the UK”.
    According to figures published last year, DAF is the market-leading truck manufacturer in six European countries. It claimed to have a more than 31 per cent share of the UK market, and also to be top of the sales table in its home country as well as in Belgium, Poland, Hungary and Bulgaria.
    Although based in the Netherlands, the company is a division of Paccar, a US multinational that is headquartered near Seattle.
    Last year DAF also sold more than 7,500 trucks outside the EU and UK, claiming that it had record sales in Israel, Colombia, Ecuador and Australia.
    Reacting to the latest ruling, a Royal Mail spokesman said the company was “very pleased with the tribunal’s judgment in what is a clear and emphatic win. It has taken us more than six years to get this outcome. We await confirmation of the final damages to be awarded”.
    A spokesman for DAF in the Netherlands said that the company would not comment on the tribunal ruling.
    Read more:
    Royal Mail and BT awarded £20m in lorry cartel ruling

  • AstraZeneca moves 0M investment in a new manufacturing facility from Britain to Ireland

    AstraZeneca moves $360M investment in a new manufacturing facility from Britain to Ireland

    Britain’s uncompetitive fiscal policies have led AstraZeneca to shift plans for a $360 million investment in a new manufacturing facility from Britain to Ireland, the group’s chief executive has revealed.
    Sir Pascal Soriot said the pharmaceutical group had wanted to build the new “state-of-the-art” plant close to its existing UK sites in the northwest of England but instead made the investment commitment in Ireland “because the tax rate was discouraging”.
    Soriot, 63, said: “You need an environment that gives you good returns and incentive to invest.”
    He was speaking alongside strong full-year results today and amid mounting concerns from the life sciences sector over the UK’s operating environment. His comments follow those of Tom Keith-Roach, AstraZeneca’s UK president, who in an interview with The Times warned that Britain was losing out on investment from AstraZeneca to more competitive countries.
    Keith-Roach had said that AstraZeneca had not made new research and development capital investments in the UK since 2021, the investment going instead to Ireland, the US, Spain and the Middle East. Its wider R&D spending in the country could also now be at risk, he said.
    AstraZeneca and the industry’s concerns centre on a “wildly out of line” NHS-branded medicines sales levy.
    Jeremy Hunt, the chancellor, identified life sciences last month as among the UK’s five most important sectors and called for investment in the UK. Government departments were restructred this week, including creating a new department for science, innovation and technology. AstraZeneca said that this alone was unlikely to benefit the industry.
    Soriot said Britain’s research base was one of the best in the world “but if you want a life sciences sector you need more than research”.
    In order to encourage investment in clinical development, statisticians, regulatory experts, manufacturing and support functions Soriot said access to green energy and a lower corporate tax rate was needed but the tax “unfortunately is going up”. The corporation tax rate is due to increase in April from 19 per cent to 25 per cent.
    “And you need to know that the products you’re developing are going to help patients,” Soriot said. “Otherwise you do research but you don’t develop here, you develop in countries where you know your [patients are] going to get access and you’re going get a price that can justify the investment.”
    The industry is lobbying strongly for an overhaul of the sales levy, which is estimated to hit £3.3 billion this year, a rate of 26.5 per cent, up from £563 million in 2021, partly driven by increased demand from the pandemic. Talks with the government are due to begin this year.
    The Times revealed last month that Soriot and Dame Emma Walmsley, the chief executive of GSK, had privately written to Rishi Sunak to warn that government policy was hitting industry investment decisions.
    AstraZeneca is one of Britain’s two big pharma groups, alongside GSK, worth about £174 billion. It employs about 83,000 people globally, including almost 8,000 in the UK. It recently opened a £1.1 billion new global R&D centre in Cambridge as part of an investment decision made years ago.
    The company’s warning came as it delivered another strong set of annual results and outlook for the year, which sent its shares up 490p, or 4.6 per cent, to £112.42, back towards recent record highs.
    Total revenue rose 25 per cent to almost $44.4 billion at constant exchange rates, with growth across all its therapy areas and boosted by the $39 billion acquisition of the US rare diseases specialist Alexion in 2021. Oncology revenue rose 20 per cent and rare diseases 10 per cent. Pre-tax profits rose to $2.5 billion from a loss of $265 million a year earlier.
    Issuing guidance for this year, AstraZeneca said it expected revenue to increase by a “low-to-mid single-digit percentage, or by a “low double-digit percentage”, excluding Covid-19 medicines.
    AstraZeneca was among the first companies to produce a successful Covid vaccine and antibody therapy but Soriot said: “As expected, and as all other companies experienced, our Covid-19 medicines are declining, which is a good thing for the world. The impact of the pandemic has subsided.
    “We plan to initiate more than thirty Phase III trials this year, of which ten have the potential to deliver peak year sales over one billion dollars. Our R&D success and revenue increase in 2022 demonstrate that we are on track to deliver industry-leading revenue growth through 2025 and beyond, and have set AstraZeneca on a path to deliver at least fifteen new medicines before the end of the decade.”
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    AstraZeneca moves $360M investment in a new manufacturing facility from Britain to Ireland

  • Marmite and Dove maker Unilever warns of more price rises this year

    Marmite and Dove maker Unilever warns of more price rises this year

    Unilever, the company behind brands including Marmite and Dove soap, will continue increasing prices for consumers this year after higher price tags on detergents, soaps and packaged food helped the company beat sales forecasts for 2022.
    The London-headquartered company warned that “underlying price growth would remain high” in the first half of the year, and that it expected consumers to buy fewer items as a result.
    It comes as the consumer goods giant – which also owns Hellmann’s mayonnaise, Magnum and Ben & Jerry’s ice-cream – tries to recoup its own rising costs, including ingredients for its products, which soared as the result of surging energy costs linked to Russia’s invasion of Ukraine.
    Unilever said it was likely to sell more items once price rises started to ease, but warned it was “too early to say” whether that would result in positive growth in the volume of sales in the second half of the year. Overall, it is expecting underlying sales growth of at least 3%-5% for the full year.
    The forecasts come after Unilever reported underlying sales growth of 9% for 2022, higher than the 8.2% increase that analysts had expected. Unilever said the strong performance was “driven by disciplined pricing action in response to high input cost inflation” in the middle of challenging economic conditions.
    It followed an 11.3% rise in the prices of its goods over 2022, though the volume of sales fell 2.1%, suggesting consumers were put off by the higher prices and bought fewer goods.
    The company’s home care division – which includes Domestos bleach – was one of its strongest performers, recording a 12.3% rise in sales, after price increases for fabric cleaners which experienced the largest increase in input costs.
    Unilever insisted that “it carefully balanced price growth, volume and competitiveness” to navigate surging inflation last year. It helped the company report 14.5% rise in overall turnover to €60bn (£53bn), though annual operating profit only grew 0.5% to €9.7bn.
    The chief executive, Alan Jope, who will leave the company in the summer, said the company was making progress in its corporate turnaround. “There is more to do, but the changes we have made mean that we start 2023 with momentum, setting us up well for delivering another year of higher growth, which remains our first priority,” he added.
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    Marmite and Dove maker Unilever warns of more price rises this year

  • UK lobby group leads call on chancellor Hunt for more tax breaks to avoid recession

    UK lobby group leads call on chancellor Hunt for more tax breaks to avoid recession

    Jeremy Hunt has come under pressure from the CBI to announce tax breaks for businesses at the budget as a “last chance” to help the economy avoid a recession this year.
    The employers’ group has called on the government to provide investment tax breaks, announce plans for better funding of childcare to get women back to work and pump up green investment to help the country avoid being the laggard in the G7 group of advanced economies this year.
    Hunt will present his budget on March 15, the chancellor’s second fiscal event after last November’s autumn statement, which wiped out former prime minister Liz Truss’s planned tax cuts to restore market confidence in UK policymaking. This month the chancellor announced four pillars of the government’s growth strategy: enterprise, education, employment, and everywhere.
    Tony Danker, director general of the CBI, said the spring statement was “an opportunity to get the UK out of any recession sooner rather than later and transform the UK into a high-growth, innovation-first economy”.
    The CBI wants Hunt to make specific commitments to continue tax breaks for investment beyond the two-year super deduction for capital spending, that ends this year. Business investment has chronically lagged behind international peers since the financial crisis and took an additional hit in the aftermath of Brexit.
    “Firms are seeing the end to the super deduction with nothing to replace it but a big rise in corporation tax. This will have a huge impact on investment and leave the UK falling behind its global competitors,” Danker said.
    Corporate tax will rise to 26 per cent from April, in line with predecessor Rishi Sunak’s pledge, and a reversal of Kwasi Kwarteng’s ill-fated attempt to cut the rate to 19 per cent. The CBI initially welcomed Kwarteng’s mini-budget last September, calling the £40 billion blitz of tax cuts “a turning point for our economy”.
    “A simpler, smarter approach to tax can pay dividends and firms will be keen to make the most of the investment incentives on offer,” Danker said last September before market turmoil forced the government into retreat.
    The chancellor’s room for large tax or spending giveaways is constricted by tight public finances and a desire to cut government debt in the next five years.
    The CBI said Hunt should announce a partial expensing regime for business investment over three years to “send a clear signal to both domestic and international investors”. It also wants employers to benefit from a government reskilling programme, and thinks Hunt should also match free childcare rules for 3 and 4-year-olds to those for 1 and 2-year-olds to encourage mothers back to work, the CBI said.
    “Businesses know the reason for [labour force] inactivity are complex, but the measures we’ve proposed around reforming the childcare market, enabling more agile and flexible training provision, and helping prevent and treat long-term sickness are part of the solution,” Louise Hellem, director of economic policy at the CBI said.
    The UK also risks being left behind in a global green subsidies race as the US pumps money into electric vehicles, renewables and raw materials to meet its international climate targets. The CBI wants tax breaks for renewable electricity investment.
    Interactive Investor, which has about 400,000 clients, has called the levy on investment trusts “anti-competitive and unfair” and is calling on Jeremy Hunt to change the rules in the budget next month.
    Investment trusts have long argued that the tax is unfair because it is not imposed on rival investment products such as funds and because investment trusts have already paid it once when buying the underlying shares they own.
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    UK lobby group leads call on chancellor Hunt for more tax breaks to avoid recession

  • British shoppers rein in spending despite sales as cost of living crisis takes toll

    British shoppers rein in spending despite sales as cost of living crisis takes toll

    British consumers sharply cut their spending in January as the cost of living crisis damaged household finances, retailers have warned, amid growing concern over the impact of high inflation on the economy.
    The British Retail Consortium (BRC) said sales growth slowed last month despite retailers offering steep discounts in the January sales, with households reining in their spending in the face of soaring costs for energy, food and other basic essentials.
    Total sales rose by 4.2% in January compared with a year earlier, down from December’s annual growth rate of 6.9%. The BRC said much of the rise was a result of high inflation pushing up the value of goods being sold, masking weaker sales volumes.
    “As Christmas cheer subsided, retailers felt the January blues as sales growth slowed,” said Helen Dickinson, the chief executive of the BRC.
    “Many retailers discounted heavily to entice consumer spend, and while there were bargains to be had in the January sales, retailers continue to be hit by lower margins and falling volumes. Own-brand ranges remain popular across food and non-food products, and big-ticket items are seeing customers trade down.”
    The bleak consumer outlook was underlined on Monday with the news that all 170 of M&Co stores will close with the loss of 1,900 jobs after the Scottish retailer fell into administration before Christmas.
    The clothing and homeware retailer’s brand has been bought by Peterborough-based AK Retail Holdings, the owner of the larger sizes brand Yours Clothing, Long Tall Sally and Bump It Up Maternity but the deal did not include M&Co’s physical stores.
    The BRC said the coming months would be challenging for retailers and households, with inflation at the highest rates since the early 1980s and the economy on the brink of a prolonged recession. The annual rate of inflation fell back in December to 10.5%, down from a peak of just over 11% in October, although still remains at the highest level since 1982.
    “Consumer confidence remains stubbornly low and looming rises in household bills and mortgages mean discretionary spending will remain weak,” Dickinson said.
    According to the latest monthly sales monitor from the BRC, clothing propped up spending on the high street in January, with men’s clothes and shoes the strongest performing category. Consumers also continued to spend on energy-efficient appliances, reflecting the soaring cost of gas and electricity.
    However, much of the headline rise in spending was driven by higher inflation pushing up costs, with retailers warning that the volume of goods being purchased on the high street and online was falling compared with a year earlier.
    Separate figures from Barclays showed consumer card spending grew 9.7% in January compared with the same month a year earlier, a period when concerns over the Covid Omicron variant led many people to stay way from the shops and hospitality venues.
    Highlighting the rebound from the coronavirus pandemic, the snapshot showed a sharp increase in bookings for the travel sector as holidaymakers geared up for getaways later this year. Spending with travel agents and airlines rose by more than three-quarters compared with a year ago, while there was also an increase in spending on domestic holidays.
    However, the figures showed an increase in spending on utilities, with a jump of 45% compared with a year ago as households raised their spending on gas and electricity to keep warm when the temperature dropped.
    It comes amid concern over the strength of the economy, after figures from the construction trade showed a sharp fall in activity last month as the impact of soaring inflation and rising interest rates from the Bank of England weighed on growth.
    The latest monthly snapshot from S&P Global and the Chartered Institute of Procurement and Supply (Cips) showed a decline in housebuilding activity in particular, in the weakest construction sector performance in just over two and a half years.
    However, business expectations for the year ahead recovered from December, with confidence reaching the highest level for six months. The survey of 150 firms in the building trade found the general economic outlook appeared to have improved, while some companies said there had been a tentative turnaround in sales inquiries.
    John Glen, the chief economist at Cips, said: “The wrecking ball of higher inflation and interest rates has knocked the UK’s residential building output to its weakest since May 2020 as stretched mortgage affordability impacted on the building of new homes.”
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    British shoppers rein in spending despite sales as cost of living crisis takes toll

  • Calls for Sunak to expand free childcare to tackle workforce shortages

    Calls for Sunak to expand free childcare to tackle workforce shortages

    Rishi Sunak should funnel billions of pounds into free childcare to help get more parents into work to tackle acute workforce shortages, according to Britain’s leading business group.
    The Confederation of British Industry (CBI) said the government urgently needed to announce extra funding and changes to childcare and early years support, arguing that a more accessible and affordable system was an immediate economic priority.
    The lobby group, which represents more than 190,000 businesses across the country, said as much as £9bn of investment was required to improve the system and expand free childcare to one- and two-year-olds.
    It comes as the government faces growing demands to expand the 30 hours of childcare for three- to four-year-olds in England, with different schemes in Scotland, Wales, and Northern Ireland.
    Warning that parents in Britain faced among the most expensive childcare costs in the developed world, the CBI said an independent review of the system was long overdue, while suggesting changes could help firms grappling with record numbers of job vacancies.
    The intervention before the chancellor Jeremy Hunt’s spring budget comes as ministers review options for increasing participation in the workforce after an exodus of “missing workers” since the Covid pandemic.
    Official figures show almost 9 million working-age adults are economically inactive – neither in work nor looking for a job – including men and women who are caring for family.
    Studies suggest inadequate access to childcare prevents about 1.7 million women from taking on more hours, equating to more than £28bn in lost economic output each year and exacerbating cost of living challenges.
    As many as three-quarters of firms in Britain have been hit by labour shortages over the past 12 months, with more than 1m vacancies nationwide, after a sharp rise in early retirement and long-term sickness, as well as tougher post-Brexit rules limiting migrant labour.
    The former prime minister Liz Truss last month urged Sunak not to ditch her proposals on childcare changes, including plans to scrap mandatory staff-child ratios in nurseries and increasing funding by 20 hours a week. However, she faced opposition over the ratio plan amid concerns over the quality of care, while business leaders are understood to favour an expansion of funding.
    In its submission before the budget, the CBI said solving labour shortages was one of four key priorities for business. It also called for a package of investment reliefs to offset the planned rise in corporation tax from 19% to 25% from April, as well as urging an expansion in financial support for firms with their energy bills.
    Tony Danker, the director general of the CBI, said an end to the government’s super deduction tax break and the rise in the headline rate of corporation tax would have a “huge impact” on investment in the UK.
    “We know the economy can – and must – break out of its low growth trap, but we will need action on business investment to achieve it,” he said.
    “The tight labour market and economic inactivity is another big concern for all businesses across all sectors. With more than 1m vacancies and UK parents facing some of the highest childcare costs in the OECD we need to see immediate action to urgently solve the labour challenge.
    “Without it, businesses are left trying to grow, invest and become more productive with one hand tied behind their backs.”
    Read more:
    Calls for Sunak to expand free childcare to tackle workforce shortages

  • 7 Secrets to mindful living for students

    7 Secrets to mindful living for students

    These days, mindfulness is a new big trend. Adopting this way of living means slowing down and focusing on the present moment.
    It also means letting go of the past that no longer exists, as well as of the future that hasn’t come yet.
    The core idea behind this concept is to avoid hiding away in your head, start enjoying the moment, and improve your overall quality of life.
    While everyone should strive to live mindfully, this is especially important for students. When you are young, it can be easy to get your thoughts stuck in the past or future. Nevertheless, doing so only causes additional stress (which modern students have a lot by default) and also makes you lose a lot of memories and opportunities that are there right now. But how can you stop at the moment and let go of unnecessary thoughts, especially while in college? In this article, we will give you the top seven tips for achieving this!
    Source: https://www.freepik.com/free-photo/woman-practising-yoga-park-looking-involved_22336059.htm
    Start Delegating
    Modern students have a lot on their plates. This includes lectures, extracurriculars, jobs, and lots of homework. And this is often the primary thing that gets in the way of mindfulness. To get started, you need more time to live every moment to the fullest. That’s when it helps a lot to delegate paper writer and other homework assignments. This is your way to have more time without harming your performance.
    By entrusting professionals to handle your homework, you get plenty of benefits. You receive more time for catching every opportunity that comes along your way and for doing things you truly enjoy. So if you want to live “in the moment,” this is the first tip that you should use!
    Cook Your Own Meals
    To live mindfully, you have to respect your body and be aware of the food you are putting into it. That’s why it’s incredibly important to cook homemade meals regularly.
    This tip is one of the hardest ones for busy students. Most of the time, they prefer to buy cooked meals in order not to waste their time. Due to this reason, it’s natural to feel some resistance to cooking in your body. We recommend you allow yourself to feel this way but prepare yourself a healthy meal anyway. Leverage the best research writing services to get your homework done and have more time to invest in cooking on a regular basis. Even if you don’t realize this yet, this can make a huge change in your life.
    Eat Slowly
    As you already know, cooking your meals is important. But so is enjoying it. Unfortunately, many of us have forgotten what it feels like to taste our food thoroughly. Today, we are used to grabbing something quickly at the nearest fast food or gulping our meals down in no time while watching a TV show. This way, we often don’t even notice what it tastes like and don’t get any enjoyment from the process.
    Eating slowly is a great way to practice mindfulness. This implies taking about 30 chews for every bite. This approach will bring you a whole different sensation and taste. So be sure to practice this on a daily basis.
    Listen More
    We bet you’ve heard a lot about the importance of listening. Listening turns you into a better communicator and helps you better understand what others are saying. Also, it makes the process of communication much more enjoyable for everyone. Unfortunately, this is another skill that we are losing in the 21st century. Now, we most often tend to wander in our own thoughts and only pretend that we are listening to others.
    In order to live more mindfully, you need to start listening more. Focus on the moment and words that the other person is conveying instead of coming up with the right response.
    Look Up and Around
    When hurrying to the campus or work and then back home, most people stare down at their own feet. This feels quite natural and normal. But it restrains us from noticing all the beauty that’s around us and missing out on what happens in the world.
    Mindfulness is about letting yourself gaze around. Even when you are in a rush, allow yourself to stop for a moment and look up at the sky. Or maybe look around yourself. Become an observer and watch life happening all around you.
    Source:https://www.freepik.com/free-photo/young-pretty-joyful-brunette-woman-meditating-table-surround-work-stuff-flying-papers-cheerful-mood-taking-break-working-studying-relaxation-true-emotions_10204464.htm
    Start Meditating
    This is probably the most obvious tip. But it deserves to be recalled again. Regular meditation is one of the keys to a more mindful life. While meditating, you can declutter your mind, reduce anxiety and stress, improve focus, and boost your mental health.
    There are plenty of valuable benefits of meditation, so you should really make it a part of your everyday life. Getting started might be a little hard, especially if you know nothing about this practice. Luckily, now there are lots of great apps, programs, and courses that will get you on the right track and help you discover the power of regular meditation.
    Show Appreciation
    Lastly, mindful living implies noticing the beauty in everything and everyone. Therefore, it requires you to show appreciation.
    Integrating this tip into your life can take a while, as it requires deep emotional work. However, you can get started by stopping comparing yourself to others. Instead of trying to be better than everyone else, strive to become better than you were just a day ago. Do this, and you will see how wonderful you are. Then, let go of your expectations for others. Don’t require much from people you know, and appreciate them for who they are. Do this, and you will see plenty of reasons to be grateful for your life, yourself, and the people who surround you.
    The Bottom Line
    Mindfulness has the power to change everything in your life. It helps reduce stress, boost mental health, and start enjoying your every day to the fullest.
    Now you have a few great tips that will help you get on this path while in college. Use these tips to make a positive change and live your dream life already now!
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    7 Secrets to mindful living for students

  • A Guide on How IT Consultancy Increases Business Safety

    A Guide on How IT Consultancy Increases Business Safety

    Cybersecurity is one of the top concerns for businesses of all sizes, and for a good reason. Attacks can result in data breaches, stolen information, and other problems.
    Fortunately, there are ways to increase cybersecurity, and one of the most effective is through IT consultancy.
    By working with an experienced consultant, you can get expert advice and guidance on protecting your business from online threats. This article will discuss what IT consultancy can do for your cybersecurity efforts and how to find the right consultant for your needs.
    How IT Consultancy Helps with Business Needs
    IT consultancy is a professional service that helps corporations improve their information technology practices. Companies often outsource an IT consultancy to assist in creating policies and procedures to ensure cyber security is up to date and adhering to industry standards. They guide identifying and mitigating potential threats, creating comprehensive IT systems, and evaluating organisational risks.
    Expert consultants can also advise on optimising current networks and implementing new technologies while protecting the company’s data. By bringing specialised knowledge and skills of the latest market trends, IT consultancies offer invaluable insight into ensuring a business’s cyber security plan is optimised for today’s challenges.
    How IT consultancy helps to increase cybersecurity
    IT consultancy offers a wide range of cybersecurity solutions and expertise that can help businesses to ensure their digital assets are secure and well-protected. Cybercriminals have become increasingly sophisticated in recent years. Regular risk assessments, reviewing hardware and software systems, and implementing more secure authentication processes are all essential to improving security measures. IT consultancies can provide tailored services that meet the needs of any business across all platforms, regardless of size.
    Advising on best practices related to data storage, encryption technologies, and password security can help to optimise security procedures and prevent malicious attacks which might otherwise disrupt or damage an organisation’s operations allowing for faster business growth.
    Furthermore, by involving an IT consultancy to assist with the design and implementation of stronger data security measures, businesses will not only enjoy greater peace of mind but also improve the confidence of their customers when it comes to their ability to protect sensitive information.
    Why is cybersecurity so important?
    In the age of technology, nearly everyone is exposed to the dangers of the internet. With cybercrime on the rise and no slowing in sight, it is important to stay aware and properly protected online. Hackers are constantly attacking unsuspecting victims, collecting personal information and creating consequences for those affected. From identity theft to stalkers carefully creating a false digital image of us, these threats can put us at great risk if we leave ourselves vulnerable. That’s why staying informed and taking necessary safety precautions is essential for anyone who uses connected devices. Being proactive about security will go a long way in protecting yourself from malicious attacks.
    The Most Common cyber threats that businesses face
    A study by IBM found that the average cost of a data breach is $3.92 million. Institutes also found that 60% of small businesses that experience a cyber attack go out of business within six months. These statistics show that cyber attacks can have a devastating effect on businesses, both big and small.
    IT consultancy can help businesses to mitigate the risks posed by cyber threats. By conducting risk assessments, they can identify potential vulnerabilities and put in place measures to reduce the likelihood of an attack. They can also advise on how to respond effectively if an attack occurs.
    How to make sure you make the most out of IT consultancy
    There are many factors to consider when protecting your business from cyberattacks. It would be best to have a strong firewall and up-to-date antivirus software. However, one of the most important things you can do is hire a reputable IT consultant specialising in cybersecurity.
    IT Consultants can assess your current security measures and recommend how to improve them. They can also help you create a disaster recovery plan in case of a successful attack. By working with a cybersecurity expert, you can ensure that your business is as protected as possible from the ever-growing threat of cybercrime.
    IT consultancy is a vital tool for businesses today, especially given the rampant prevalence of cyberattacks. It helps to protect companies from internal and external threats and guard them against the consequences of not having proper cybersecurity protection.
    IT consultants are experienced professionals who understand the most current cyber threats organisations face and can advise on how to mitigate these risks best. Companies should be aware of common security vulnerabilities and take steps to identify and address them with the help of an experienced consultant.
    Read more:
    A Guide on How IT Consultancy Increases Business Safety