NHS trust forecasts June surge in covid patients that will be on a par with April 2020 peak

Kent NHS trust fears Covid surge in JUNE that could see it treat as many infected patients as it did during last April’s peak Maidstone and Tunbridge Wells NHS fears a June surge in Covid hospitalisations Meeting minutes warn up to 100 beds could be occupied in a ‘optimistic’ case But this could rise to … Read more

Hermes smashes analysts’ forecasts due to Asia and online

Hermes smashes analysts’ forecasts thanks to a sharp recovery in Asia and booming online sales By Daily Mail City & Finance Reporter Published: 21:58 GMT, 19 February 2021 | Updated: 21:58 GMT, 19 February 2021 In vogue: The French handbag and silk scarf maker said sales rose 16 per cent between October and December Hermes smashed … Read more

Met Office ‘to give forecasts from abroad’ with £1.2 billion energy-guzzling supercomputer

Met Office ‘to give forecasts from abroad’ as £1.2 billion energy-guzzling supercomputer risks torpedoing the service’s public stance on fighting climate change Sources say the Met Office will house a new supercomputer outside the UK  There are fears it will use so much energy it will hinder stance on climate change It is hoped supercomputer … Read more

Met Office ‘to give forecasts from abroad’ with £1.2 billion energy-guzzling supercomputer

Met Office ‘to give forecasts from abroad’ as £1.2 billion energy-guzzling supercomputer risks torpedoing the service’s public stance on fighting climate change Sources say the Met Office will house a new supercomputer outside the UK  There are fears it will use so much energy it will hinder stance on climate change It is hoped supercomputer … Read more

Bank of England cuts 2021 UK growth forecasts amid lockdowns

The Bank of England slashed its growth forecast for this year today but voiced hope that the rapid vaccine rollout will spark a strong recovery after June. In its latest Monetary Policy Committee report, the Bank reduced its estimate for economic growth for 2021 from 7.25 per cent to 5 per cent. It said an expected … Read more

MARKET REPORT: Taylor Wimpey’s shares lift 2.5% as it forecasts ‘robust house sales’ for 2021 

MARKET REPORT: Taylor Wimpey’s shares lift 2.5% as it forecasts ‘robust house sales’ for 2021 By Matt Oliver City Correspondent For The Daily Mail Shares in housebuilder Taylor Wimpey rose after the firm said it expects UK sales to remain ‘robust’ this year.  In a bullish trading update, the company said it was on track … Read more

Mike Ashley’s Frasers Group forced to trim back profit forecasts

Mike Ashley’s Frasers Group forced to trim back profit forecasts as retailers face much leaner Christmas than had been hoped The firm said guidance of a 20 to 30 per cent boost in profits now unlikely  Frasers Group includes Sports Direct, House of Fraser, Evans Cycles and Game By This Is Money Published: 10:54 GMT, … Read more

Fresnillo cuts gold production forecasts as Covid-19 impacts Mexican mines

Metals miner Fresnillo cuts gold production forecasts after its Mexican mines are hit by Covid Gold and silver are seen as safe investments in economically uncertain times The firm blamed a drop in workers at its Herradura mine for its lower forecasts  Fresnillo’s silver production guidance remains unchanged at 51-56m ounces  By Harry Wise For … Read more

CDC forecasts coronavirus death toll to hit 233,000 by the end of the month

The Centers for Disease Control and Prevention (CDC) has forecast 233,000 COVID-19 deaths by the end of this month with up to 6,800 new fatalities in the last week of October alone.  In a report on its website the CDC writes: ‘This week’s national ensemble forecast indicates an uncertain trend in new COVID-19 deaths reported over … Read more

‘Rock clocks’ made from balanced boulders improve the accuracy of earthquake forecasts

Delicately balanced boulders have been used to create a ‘rock clock’ that can improve the accuracy of earthquake severity predictions by up 50 per cent.  Imperial College London researchers created a new severe earthquake forecasting model using information from formations of precariously balanced rocks (PBRs). PBRs, rock formations where a ‘slender boulder’ is delicately perched … Read more