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Business

  • Charlie Kirk: Ryder Cup is at risk of an assassination attempt

    September 23, 2025

    The Ryder Cup is at risk of an assassination attempt in light of Donald Trump’s attendance and the recent shooting of Charlie Kirk, say US police chiefs. The biennial golf match between the US and Europe in New York is set to begin this week, with President Trump in attendance. Right-wing activist and Trump ally [...]

  • Nvidia-OpenAI deal raises questions over how sustainable the AI boom is

    September 23, 2025

    Nvidia and OpenAI have unveiled what they call the largest AI infrastructure project in history, a partnership to deploy 10 gigawatts of data centres powered by millions of Nvidia’s advanced chips. The deal could see Nvidia invest up to $100bn (£73.99bn) in Sam Altman’s company, even as OpenAI spends billions of dollars buying those very [...]

  • India Business Group awards celebrate cross-border collaboration

    September 23, 2025

    The deepening commercial relationship between the UK and India was thrust into the spotlight last night as business leaders gathered at the House of Lords for the fourth annual Indian Awards, hosted by the India Business Group (IBG). The gala event came just months after the signing of a landmark Free Trade Agreement between the [...]

  • Amazon Fresh to close all UK stores

    September 23, 2025

    Amazon is set to close all 19 of its Amazon Fresh stores in the UK, just four years after launching its first supermarket outlet in London. It has been revealed that the tech giant plans to convert up to five of these locations into Whole Foods Market stores, a US organic food chain it acquired [...]

  • Junior lawyers earn £44 an hour for 13-hour days

    September 23, 2025

    Junior lawyers at leading City law firms are regularly working well beyond standard hours, with many firms reporting their youngest staff routinely putting in over 12-hour days. According to research by Legal Cheek on over 2,000 trainees and junior lawyers, the London offices of top US law firms are leading the table, which is consistent [...]

  • Rachel Reeves ‘has no interest in hospitality’ after ‘reckless’ taxes

    September 23, 2025

    Chancellor Rachel Reeves “has no interest in hospitality”, according to nighttime adviser Sacha Lord, who also branded her National Insurance increases in last year’s Autumn Budget “both reckless and short sighted”. Lord, who is a member of the Labour Party, said the 2024 Budget was a “disaster for hospitality” which resulted “in many closures and [...]

  • Revolut pumps £3bn into the UK financial services sector

    September 23, 2025

    London-born fintech juggernaut Revolut has capped off a hefty week of investment for the UK financial services sector as the firm officially launched its global headquarters. The digital bank said it would pump £3bn into the UK and create 1,000 highly-skilled jobs over the next five years. The fresh injection of capital follows asset manager [...]

  • Raspberry Pi: What happened to the UK’s former tech darling?

    September 23, 2025

    Shares in Raspberry Pi tumbled in London on Tuesday after the low-cost computer maker revealed a sharp drop in half-year profits, leaving investors questioning whether one of the UK’s most high-profile tech IPOs can live up to expectations. The Cambridge-based firm, which floated in June 2024 in one of the London Stock Exchange’s most celebrated [...]

  • Economic and geopolitical tensions propels gold post Fed decision

    September 23, 2025

    Gold will continue its meteoric rise following the Federal Reserve’s interest rate decision, a top analysts has said, as economic and geopolitical conditions keep investors opting for the safe haven asset. The precious metal hit $3,759 (£2,782.36) on Tuesday morning, as the asset surged after a slight wobble following the US central bank’s decision to [...]

  • Bank of England’s Pill: We should not have slowed QT bond sales

    September 23, 2025

    The Bank of England’s chief economist has hit out at colleagues’ recent decision to slow sales of the central bank’s government debt stockpile, warning it risked papering over underlying drivers of spiking government borrowing costs and causing a “more painful” crisis in the future. In a speech delivered in Geneva, Huw Pill told delegates that [...]

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