Five pledges: How is Rishi Sunak doing after one year in No10? October 25, 2023 Just 12 months ago today, Rishi Sunak made history. Entering No10, on 25 October, 2022, he became the UK’s first British Asian and Hindu Prime Minister – and took over from his record-breaking predecessor after just 49 days. Since then, he’s lost five by-elections; visited Ukraine, the US and Israel, and seen his personal poll [...]
The Notebook: Victoria Scholar on why the allure of luxury bags could bolster designer marques October 25, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar of Interactive Investor Don’t discount the allure of luxury bags – or the stocks of their makers LVMH reported rather dismal results this month. The luxury goods giant, which owns brands like Louis Vuitton and Dior, announced third [...]
Why ditching the bankers’ bonus cap was the right choice – even if it’s largely just a signal October 25, 2023 The likelihood of the banker bonus cap being removed making a tangible difference, in and of itself, to London’s competitiveness is relatively minimal. But as a signal of a willingness to back the City, it’s not bad at all. It’s worth reminding ourself of how the bonus cap came into being. A political reaction to [...]
AI summit could happen twice a year – but techies say UK won’t claim AI crown October 24, 2023 Michelle Donelan has said Britain could host its imminent Artificial Intelligence (AI) Safety Summit as often as every six months.
Macron proposes widening anti-Islamic State coalition to target Hamas October 24, 2023 Speaking alongside Israeli Prime Minister Benjamin Netanyahu in Jerusalem, Macron stressed that France and Israel shared terrorism as their "common enemy".
City watchdog faces criticism after declining to expand SME access to complaints service October 24, 2023 Businesses groups have warned that firms may be unable to access justice after the Financial Conduct Authority (FCA) decided against expanding access to the Financial Ombudsman Service (FOS).
Sharon White: Departing John Lewis boss calls for ‘cross-party’ effort to fix ailing high streets October 24, 2023 The 56-year-old former Ofcom boss, confessed that department store John Lewis is now 60 per cent online and 40 percent physical.
Anthropic founder calls for a ‘race to the top’ in AI safety October 24, 2023 Jared Kaplen, co-founder and chief science officer of Anthropic, warned that as AI systems grow increasingly potent and capable of acting autonomously, they could be misused by companies, governments and individuals.
Crypto market surges to yearly high on spot Bitcoin ETF hints October 24, 2023 Bitcoin is trading for more than $34,475 this morning, up 12% overnight and in the green by 20% over seven days.
Chick-fil-A to cook up opportunity for UK business owners and entrepreneurs October 24, 2023 US fast food chain Chick-fil-A plans to introduce a whole new flavour of opportunities for business owners and entrepreneurs by debuting in the UK.