2 UK growth stocks better than NIO, Palantir and Deliveroo
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Palantir and
Deliveroo are making headlines. But long term, will they deliver for shareholders? I’m not sure. For me, though, these two UK growth stocks have far more potential to deliver share price growth, and I’m monitoring them as potential additions to my portfolio.
A growth stock with great quality
UK identity verification technology group
GB Group (LSE: GBG) has been able to raise expectations already this year because of increased transaction volumes. Management was able to announce that results for the full year will be ahead of consensus expectations with forecast revenues to be at least £213m, and operating profit above £53m.
Home Office is creating a super database on people s race, health and biometrics, report
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Data collected also includes people s names, location details, identification numbers and online identifiers
Home Office is creating a super database on people s race, health and biometrics, report
Wired, documents obtained through a Freedom of Information (FOI) request reveal that the database has already accumulated race, health and biometrics information on about 650 million people, including children under 13.
Getty Images / WIRED
A data analytics team close to the heart of government has collected data on more than 650 million people, including children under the age of 13, according to newly unearthed documents.
The Data Services & Analytics unit is described as “one of the most advanced data analytics centres in government” and forms part of the Home Office’s Digital, Data and Technology (DDaT) department. It builds decision-making tools and provides data-driven insights to the rest of the Home Office – although details of exactly what it does remain tightly guarded.
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The huge amount of data being analysed and the Home Office’s lack of transparency has prompted accusations from privacy campaigners that the unit could be creating a “super database” that risks exacerbating racial biases among law enforcement agencies.
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A data analytics operation working from the Home Office is collecting information on millions of people, including children under 13, according to documents surfaced after a Freedom of Information Act request.
The data collected by the government’s Data Services & Analytics unit, a part of the Home Office’s Digital, Data and Technology department, includes people’s names, identification numbers, location data and online identifier.
It also includes “sensitive data or data of a highly personal nature” such as criminal convictions, race or ethic origin, health data, and “finger print and face recognition” information.
“This service provides the ability to check the appearance (or footprint) of entities across a range of data sets, all at once, to find out more information out them”, the documents read.