The Sky News Business Podcast
Joining Darren McCaffrey today are Sky's Economics and Data Editor, Ed Conway and Ellie Groves - State Street Global Advisors.
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BBC News
28 minutes ago
- BBC News
Librarians set to be removed from every Glasgow secondary school
Librarians will be removed from all of Glasgow's 30 secondary schools next year if council budget cuts are plans would see the school service headed up by a principal librarian along with three area-based assistant would then be placed in each of the city's high Life, which manages the service on behalf of Glasgow City Council, says it would take 16 librarians out of the school system. In February 2024, the council approved a review of the school library service, with a target saving of £100, Life and the council's education department concluded the greatest savings could be made through changes to staffing they insist their plans would increase access to school libraries citywide by 27% by raising the number of hours when facilities have some form of staffing.A Glasgow Life spokesperson said: "Additionally, the funding available to provide school library books and other resources going forward will remain above the Scottish average."The plans have now been communicated to staff and trade unions, with consultations expected to spokesperson added: "Glasgow Life is bound by Glasgow City Council's commitment to no compulsory redundancies."Should the proposal be approved, affected staff will have the opportunity to apply for promoted positions or be redeployed into available vacant roles commensurate with their existing pay and grade."
The Independent
33 minutes ago
- The Independent
Will a heatwave help your solar panels perform better?
High temperatures can slightly reduce the efficiency of solar panels, despite longer daylight hours increasing overall generation. solar panels perform optimally at 25 degrees Celsius or below, with efficiency decreasing by approximately 0.34-0.5 percentage points for each degree above this temperature. During the UK's record 40.3°C heatwave in July 2022, good solar panels operated at about 5 per cent below their peak efficiency. Despite the heat, the commercial solar sector performed well during the record heatwave, contributing 8.6 per cent of the UK's electricity needs that day. Investing in solar panels can be beneficial for homeowners, with payback periods ranging from 5 to 13 years depending on factors like system size, roof orientation, and electricity usage patterns. solar panels have a long lifespan of up to 30 years, making them a viable long-term investment, especially with future heatwaves expected to be longer and hotter in the UK.
Reuters
42 minutes ago
- Reuters
French heart prosthesis firm Carmat at risk of insolvency by end-June
June 20 (Reuters) - French heart prosthesis company Carmat ( opens new tab is in a critical financial situation and will be at risk of insolvency by the end of this month, it said in a statement on Friday. Carmat needs 3.5 million euros ($4.04 million) to avoid insolvency by the end of June, it said. It said it is actively exploring financing options and is launching a campaign seeking donations through an online platform. ($1 = 0.8673 euros)
