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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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Politics

  • Malaysia offers UK post-Brexit trade deal on palm oil ‘rethink’

    August 19, 2019

    Malaysia’s government has offered the UK a post-Brexit trade deal, with improved terms – but only if the country rethinks “the European Union’s misguided policy on palm oil”. Writing in Bloomberg, Malaysian Prime Minister Mahathir Mohamad claimed the EU’s 2017 decision to phase out and ultimately ban biofuels made from palm oil was not based [...]

  • Downing Street ramps up election prep as Corbyn throws down gauntlet

    August 19, 2019

    Boris Johnson’s team within Downing Street is ramping up preparations for a general election, as Jeremy Corbyn today pledges to make a second referendum part of his campaign. Government advisers have been tasked with producing ideas that can be taken forward during a general election, according to the Guardian. At a meeting on Friday, Johnson’s [...]

  • A brief lesson in governments of national unity, and why they won’t solve Brexit

    August 19, 2019

    A struggling pound, a Labour leader at odds with his backbenches, and a government trying to pursue multiple contradictory aims. It may sound like last week, but it was in fact the state of things in 1931.  The answer, echoed by some today, was a government of national unity – elements of the three main [...]

  • Downing Street rejects leaked no-deal Brexit chaos claims

    August 18, 2019

    Downing Street has insisted that Whitehall reports predicting chaos and disruption in the event of a no-deal Brexit were outdated, as Boris Johnson dashes to meet EU leaders for last-minute talks next week. Claims made within the leaked dossier, codenamed Operation Yellowhammer, predicted food, fuel and medicine shortages in a no-deal exit. Read more: Food, [...]

  • Bank of England boss Mark Carney pulls out of UK-China dinner

    August 18, 2019

    Bank of England governor Mark Carney has pulled out of a dinner in the Square Mile designed to foster relations between London and China. The City of London Corporation is holding the event at Guildhall on 3 September. It will be attended by China’s ambassador to the UK, Liu Xiaoming, the Corporation’s policy chief Catherine [...]

  • Boris Johnson urged to recall parliament amid no-deal Brexit ’emergency’

    August 18, 2019

    One hundred MPs have urged Boris Johnson to recall parliament from the summer recess because of the “grave economic emergency” Britain faces in the event of a no-deal Brexit. MPs from across the political divide wrote to the Prime Minister to demand updates from the government over its no-deal Brexit preparations following leaked revelations in [...]

  • Food, fuel and drug shortages: Leaked paper reveals no-deal Brexit fears

    August 18, 2019

    Britain faces shortages of food, medicine and fuel as well as civil unrest on the Irish border if it leaves the EU without a deal on 31 October, a leaked Whitehall document has revealed. The document, codenamed Operation Yellowhammer, says the UK also faces months of disruption at ports, EU airports and at St Pancras, [...]

  • Sajid Javid pledges £600m to housing project building 50,000 new homes

    August 17, 2019

    Chancellor Sajid Javid has announced plans to make £600m available to help a project building 50,000 new homes by investing in the necessary infrastructure. It is the latest spending pledge by the government ahead of a budget in the autumn in which Javid will set out the government’s spending and taxation plans for the next [...]

  • Tory MP Oliver Letwin rules out backing Jeremy Corbyn to be caretaker Prime Minister

    August 17, 2019

    Sir Oliver Letwin has ruled out supporting Jeremy Corbyn to become a caretaker Prime Minister in order to avoid no-deal Brexit. The senior Tory MP said having Corbyn in charge would do more damage than leaving the EU without a deal would. Read more: Corbyn fails to drum up support for plan to block no-deal [...]

  • German finance ministry warns no-deal Brexit a ‘high probability’

    August 17, 2019

    The German government believes there is a “high probability” that a no-deal Brexit will occur on 31 October. An assessment made by the finance ministry came to the conclusion it is “inconceivable” that Prime Minister Boris Johnson softens his stance on the Irish backstop. Read more: Corbyn fails to drum up support for plan to [...]

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