At CP towers, we're working on a huge amount of new content for the website and our clients. One of the most exciting projects brought us in contact with the Bloodhound project. For those that have never heard of it, this is the British attempt to smash the world land speed record. It's an immense project but what makes it so special is that the primary aim is to inspire a generation of kids with what can be achieved with science and technology. Breaking the speed record is secondary.

Below is a snippet of a video we're producing that features some of the brains behind the project. We can safely confirm that it is the coolest car we've ever laid our eyes on. The top gear cool wall isn't nearly wide enough to plot this little beauty.

Unemployment among IT graduates has fallen for the first time since the beginning of the recession, research has found. The number of graduates out of work, after leaving university, dropped from 16.3 per cent in 2009 to 14.2 per cent in 2010, according to research from the Higher Education Careers Services Unit (HECSU).

There was a 4.2 per cent rise in the number who had IT jobs in the UK, with a total of 68.6 per cent in work, the annual survey of graduates found.The proportion of graduates working directly as IT professionals also jumped from 38.9 per cent to 44.2 per cent. The majority of these (14.4 per cent) were software designers and engineers, followed by programmers and computer analysts (7.4 per cent) or web developers and producers (5.8 per cent).

Google, Microsoft, Unilever, BSkyB, Credit Suisse and Lloyds TSB Banking Group as well as the NHS were just some of the companies and organisations that had employed IT graduates. The research, which some 8,845 people took part in, also found that less IT graduates are undertaking further study. This number dropped sharply from 11.3 per cent to 9.5 per cent. However, a large IT gender gap is still present, with the survey discovering that only one-fifth - 17.4 per cent, or 1,540 employees - were women.

Graduates were undertaking a variety of Masters and PhD degrees, such as computer science, management, computer games technology, computer security and resilience, e-business and financial systems engineering. This shows the spectrum of emerging and evolving industries where IT graduates are now required, such as the rapid increase in gis jobs available. Options for non-IT degrees included law and international human resource management.

"The jobs market for graduates in IT and computing degrees is improving, and the unemployment rate is coming down," said Charlie Ball, HECSU's deputy research director. “It’s also encouraging to see many graduates in the sector are going to work for small and medium-sized businesses – often very exciting and dynamic places to start your new IT careers"

"Graduates in computing and IT are also more likely than most to start their own business and this enterprising streak is good for their careers and good for the economy.”

According to separate research, IT roles in the retail sector have risen this year by 21 per cent. Advertisements for retail contract work increased by 24.4 per cent. And ads for permanent positions in software companies and consultancies grew by 18.8 per cent in the past year. Job opportunities in financial industries rose by 3.9 per cent. Contract roles in the same sector jumped by 16.5 per cent in the past 12 months. One industry insider said that the increases were likely to be a result of firms outsourcing to get costs down.

In early October, figures released by the Office for National Statistics revealed that unemployment in the UK was at a 17-year high. There are now nearly one million young people between 16 and 24 who are jobless. Plans to recruit 5,000 business mentors to help push up the number of female entrepreneurs, and to help kick-start the economy, were recently unveiled by the Government.