Wednesday newspaper round-up: Rolls-Royce, Amazon, Arm
Reusing and repairing household goods, from washing machines to phones, and recycling throwaway consumer items such as plastic bottles, could create hundreds of thousands of green jobs across the UK, a thinktank has found. The UK creates thousands of tonnes of unnecessary waste each year, some of which is still exported, because of a failure to value resources and invest in the infrastructure needed to re-purpose manufactured goods. - Guardian
Workers feel under pressure to disguise their mental health struggles from colleagues despite feeling less able to cope than they did before the pandemic, according to research released as the government advocates a return to the workplace. About half (51%) of respondents to a survey said they felt under pressure to put on a brave face at work, while four in 10 said they felt less resilient since the Covid crisis struck. - Guardian
Britain has taken a crucial step towards creating a fleet of mini reactors that would reduce reliance on Chinese money and nuclear technology after Rolls-Royce secured investment to build the world’s first production line. A consortium led by the FTSE 100 engineer has secured at least £210m needed to unlock a matching amount of taxpayer funding, which will make it the first “small modular reactors” (SMR) developer to submit its designs to regulators. - Telegraph
Amazon has cut back its Cambridge drone delivery project, shooting down hopes of airborne package drop-offs in the near future. The US technology giant has reportedly slashed up to 100 staff at its Prime Air division, many of them in Cambridge, where the online retailer has been testing unmanned drone deliveries from a secret airfield. - Telegraph
The $40 billion takeover of Britain’s most valuable technology business was thrown into doubt last night amid speculation that the government is thinking of blocking the deal on national security grounds. Last September it was announced that Arm, the Cambridge-based microchip designer, was being sold to Nvidia as part of the American chipmaker’s push to capitalise on the booming market for semiconductors. - The Times