UK virtual reality firm Improbable raises $500m – BBC News

A London-based virtual reality firm has raised $500m (£388m) in one of the biggest investments in an early stage European technology business. Japan’s Softbank is backing Improbable in a funding round that values the business at more than $1bn. The deal is further evidence that the UK’s technology sector can now compete with the best. […]

Hundreds of knives seized in 18 months at UK schools, figures show – The Guardian

Hundreds of knives are among weapons seized from schools across the country, figures have revealed as police chiefs warn of a “worrying” spike in the number of young people carrying them. The majority of seizures involved children, including some as young as five, according to police figures released under the Freedom of Information Act. Data […]

Aldi plans UK supermarket for every 30000 people – The Guardian

Aldi has set out an ambitious plan to conquer the UK grocery market that could see it open up to eight stores in some towns. “If you look at the population, we think not only could we have a store in every town and city, but for every 25,000 to 30,000 people,” said Matthew Barnes, […]

UK industrial output falls in March – BBC News

Image copyright Getty Images Activity in the UK’s industrial and construction sectors shrank in March, new figures show. The Office for National Statistics said industrial output fell 0.5% compared with February, when it dropped by a revised 0.8%. Falling demand for energy as a result of warmer weather was behind the change, the ONS said. […]

Bank of England warns of consumer spending squeeze – BBC News

Bank of England governor Mark Carney has warned of a consumer spending squeeze this year as inflation rises and real wages fall. This year will be “a more challenging time for British households” and “wages won’t keep up with prices”, he said. He was upbeat about wage growth beyond 2017 – but only if the […]

Tim Farron makes pledge for UK to take 50000 more Syrian refugees – The Guardian

Britain should take 50,000 more Syrian refugees from camps in the region, the Liberal Democrats will say in their manifesto, as well as re-opening the scheme to resettle lone child refugees in Europe. Tim Farron, the Lib Dem leader, said Labour should match his pledge in their own manifesto and said the offer was a […]

Number of strokes in UK predicted to rise by 44% in next 20 years – The Guardian

The number of strokes in the UK is expected to increase by almost half over the next 20 years owing to the ageing population, according to a study. Over the same period, the number of stroke survivors is predicted to rise by a third, raising questions about how the already stretched NHS and social care […]