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      Bailey warns AI may not ‘live up’ to market hype

      Andrew Bailey, Governor of the Bank of England, in a suit and tie, looking thoughtful during a press conference.

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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Business

  • Sheffield Wednesday: Joint bid could win £30m fight for crisis-hit club

    December 3, 2025

    A number of the six bidders for Sheffield Wednesday are considering joining forces as competition to buy the Championship club hots up.  Administrator Begbies Traynor has set an initial deadline of this Friday to begin exclusive negotiations with a preferred bidder, but with a number of credible offers on the table that timeline is likely [...]

  • Bank of England sounds alarm on leveraged hedge fund bond bets

    December 3, 2025

    The Bank of England has sounded the alarm on international hedge funds snapping up record levels of UK government debt, warning that their highly leveraged bets leave Britain increasingly exposed to a bond market meltdown. In its biannual Financial Stability Report, the central bank said the large share of UK government debt held by risk-seeking asset [...]

  • Abu Dhabi Finance Week: Where global capital meets innovation

    December 3, 2025

    The Abu Dhabi Finance Week (ADFW) has been rapidly growing over the past few years, scaling to become one of the largest global financial events of the year. With attendance growing by over 100 per cent, representation from over 125 countries and over 600 global institutions, it is on pace to be the biggest financial [...]

  • Majority of young voters consider leaving London due to cost of living

    December 3, 2025

    A majority of young Londoners have considered leaving the capital due to the high cost of living, with one in four actively looking into moving, according to a new survey. Just under half – 47 per cent – of all Londoners have thought about moving out of the capital, with that figure rising to 54 [...]

  • Londoners don’t want Sadiq Khan to run for Mayor again

    December 3, 2025

    The majority of Londoners do not want Sadiq Khan to run for Mayor again in 2028, new polling has shown, with 56 per cent saying London is going in the wrong direction. A City AM/Freshwater Strategy poll of London voters has shown that three in five of the capital’s residents believe that Khan should not [...]

  • Has Sadiq Khan laid the groundwork for Mayor Zack Polanski?

    December 3, 2025

    According to a recent YouGov survey, just under 20 per cent of Brits think London is in a bad state and worse than the rest of the country. Only 14 per cent of actual Londoners share that view, while 22 per cent of voters in the North think it’s definitely the case. Just under 20 [...]

  • Silicon Valley has invented its own form of central planning

    December 3, 2025

    With so much capital focused on a small select group of companies like OpenAI and Microsoft we’ve created our own form of central planning, just with corporate overlords instead of government ones, says Lewis Liu The US stock market continues to march toward record territory, with everyone from Big Tech CEOs to Goldman Sachs speculating [...]

  • Nike and Superdry adverts banned in ‘greenwashing’ crackdown

    December 3, 2025

    Adverts produced by Nike, Superdry and Lacoste which claimed to promote sustainable clothing have been banned by the advertising watchdog as part of a major crackdown on corporate greenwashing. The Advertising Standards Authority (ASA) upheld complaints against the three fashion giants, assessing that environmental claims made in a series of search engine adverts were exaggerated [...]

  • Preferred site for Smithfield and Billingsgate markets confirmed

    December 3, 2025

    The controversial relocation of the centuries-old Smithfield and Billingsgate markets is one step closer to completion, after traders and local authorities earmarked a new site in east London’s Royal Docks for both markets to set up together. The City of London Corporation, Greater London Authority (GLA) and representatives for the iconic markets’ traders identified a [...]

  • Imperial College and Thomson Reuters bring AI lab to London

    December 2, 2025

    London is staking its claim as a world-leading hub for AI research with the announcement of a new Frontier AI Lab, a partnership between Imperial College London and Thomson Reuters. The lab promises to bring cutting-edge AI development, until now largely the preserve of a handful of tech giants, to the heart of Britain’s capital. [...]

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