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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

  • Labour government would cause sterling to plunge 10 per cent: report

    August 8, 2019

    A Labour government would cause an “immediate” 10 per cent drop in sterling, or more if it followed a no-deal Brexit, a report has today warned.  Amid growing reports that an autumn general election could be on the cards, Oxford Economics claims a Labour government would cause significant damage to the UK’s economy.  It argues [...]

  • MPs to probe UK-China trade following Huawei saga

    August 8, 2019

    A group of MPs is to scrutinise the UK’s trading relationship with China, in the wake of the Huawei debacle.  The International Trade Committee has launched an inquiry looking at the “opportunities, challenges and risks” in trading with China both now and any that may emerge in the future.   Read more: Huawei shrugs off US [...]

  • Dominic Cummings is behind Number 10’s new startup-mindset

    August 8, 2019

    “What we want to hear is their conquer the world strategy,” said Scott Kupor, managing partner of American venture capital firm Andreessen Horowitz.  Kupor was talking about wannabe entrepreneurs knocking on the company’s Sand Hill Road door in California and looking to become the next Twitter, Lyft, or Airbnb. If Boris Johnson’s right-hand man Dominic [...]

  • The Conservative case for foreign aid

    August 8, 2019

    Now that the Conservative party leadership contest is over, a raft of new ideas have entered the mainstream policy agenda. Many of these are liberal, exciting, and exactly what is needed to boost the British economy ahead of Brexit – but the very concept of international aid has taken something of a beating.  Contenders for [...]

  • Why Britain needs a minister for AI

    August 8, 2019

    With the nation in a state of economic and political uncertainty, Britain’s newly appointed Prime Minister looks to technology to rejuvenate and refocus the country.  He announces “a major national effort to bring advanced technology and new processes into industry”, launching the government’s first ministry of technology.  Tech experts across the country rejoice as policymakers [...]

  • Is it irresponsible for parliament to be on recess at such a crucial time?

    August 8, 2019

    Is it irresponsible for parliament to be on recess at such a crucial time? Dr Stuart Thomson, head of public affairs at BDB Pitmans, says YES. With a hard no-deal Brexit looming, now is not the time for a parliamentary break. There is too much to do, but only if the government allows it. Allowing [...]

  • Think tanks beware: No one knows what you actually do

    August 8, 2019

    In the midst of the Tory leadership contest, City A.M ran a leader entitled The definition of a think tank is up for debate. The article cited research from my firm showing that fewer than four per cent of the population could name a think tank.  It also noted studies published by two leading think [...]

  • Rail firms could seek costs after government scraps franchise bidding

    August 7, 2019

    Two train firms could seek to recover costs from the government after it scrapped the bidding process for one of the UK’s largest rail franchises. The Department for Transport (DfT) insists there is no recourse for the rail firms as they enter into the bidding process at their own risk. Read more: Scrapped: Government cancels [...]

  • Cummings squares off over Grieve’s Brexit threat

    August 7, 2019

    The Prime Minister’s most senior adviser Dominic Cummings has issued a veiled threat to the former attorney general as the two square off over Brexit.  Backbencher and serial Remainer rebel Dominic Grieve had previously argued that Cummings was “simply wrong” to state that MPs would not be able to prevent a no-deal Brexit.  Grieve, the [...]

  • Food industry calls for competition laws to be lifted for no-deal Brexit

    August 7, 2019

    The UK’s food industry has called on Boris Johnson to ditch parts of competition law, allowing firms to work together in the event of a no-deal Brexit.  The Food and Drink Federation (FDF) has warned that leaving on 31 October without a transition in place could cause widespread supply issues, leaving British consumers either going [...]

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