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Posted by: Megan Troster
19/08/2016

Britain is currently 2nd in the Olympic medal table. Team GB currently hold 22 gold medals, 21 silver medals and 13 bronze, putting them just ahead of China. Last night was a proud moment for Jade Jones who won her second Olympic title for Great Britain at the young age of just 23 in Taekwondo and the Brownlee brothers smashed yet another Olympic Triathlon coming in first and second place. Other Olympic triumphs include Justin Rose who won the first gold medal in Golf for 112 years while Bryony Page made Trampolining history, winning the first ever medal for Team GB, coming in at 2nd place. Laura Trott brought her Olympic gold medal total up to 4 and is now the most decorated female Olympic athlete for Great Britain. (Source: BBC Sport)

A record number of university places have been offered this year as A-Level results show a fall in top grades for the fifth consecutive year. The proportion of A and A* grades this year was 25.8%, down 0.1% on last year. Despite this, the UCAS admissions service has stated that 424,000 university places have been offered, that’s 3% higher than last year’s results day. The gap between the top achieving boys and top achieving girls has narrowed for the first time in five years, however the girls still come out on top achieving 79.7% A*-C grades, while the boys achieved 75%. (Source: BBC News - Education)

Co-op Bank warns of Brexit impact. Co-operative Bank has said that the economic and financial uncertainty following the UK’s decision to leave the EU may grow. The bank almost collapsed in 2013 after bad property loans contributed to a £1.5bn hole in its finances. At the beginning of August the Bank of England lowered interest rates to an all time low, as part of measures to stimulate the UK economy post-Brexit vote. Co-op bank has said the vote to leave could also lead to a contraction in the UK property market, affecting mortgage loan growth. (Source: BBC News - Business)

Intel factory to make ARM-based smartphone chips. Intel has announced that one of its factories will start making smartphone chips based on designs by UK-based firm ARM. The first client to take advantage of this collaboration is LG. Interestingly; Intel and ARM are often perceived as being rivals. Intel’s x86 chip architecture dominates the PC sector, while ARM chips are more commonly used in most phones and tablets. Intel now need to expand beyond LG. Apple, for example, relies on Samsung and TMSC to manufacture its chips, so the fact that they are willing to have more than one supplier, could leave a gap for Intel to potentially supply Apple in the future. (Source: BBC News – Technology)

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