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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

  • Ditch the Chequers Agreement and Hammond can scrap his ‘Amazon tax’

    August 22, 2018

    Thanks to the Prime Minister’s commitment to raise NHS spending by an additional £20bn, the chancellor is now in a quandary. Philip Hammond signed up to the theory that raising taxes increases revenues, which goes against the volumes of evidence that it actually depresses economic activity, encourages switching of spending to other lower-taxed areas, and [...]

  • Microsoft says Russia was behind several major US political group hacks

    August 21, 2018

    Microsoft has warned that Russian state actors are ramping up cyberattacks ahead of the US congressional elections in November. The software giant said it had caught and shut down a number of web domains masquerading as websites belonging to the US Senate, two think tanks and its own cloud storage service in the last week. [...]

  • Sajid Javid to apologise to 18 of the Windrush generation

    August 21, 2018

    The Home Secretary will formally apologise to 18 members of the UK's Windrush generation who may have been wrongfully removed or detained. Sajid Javid will personally apologise and point them towards a compensation scheme, it was announced earlier today. Amnesty International said the government's apology to just 18 people was “worrying” and it was just [...]

  • Brexit secretary Dominic Raab ‘confident’ UK will reach deal with EU by October

    August 21, 2018

    Brexit secretary Dominic Raab has said he is “confident” the UK will reach an exit deal with the European Union by October. Speaking at a joint press conference with the EU’s chief negotiator Michel Barnier in Brussels, Raab said the two sides had the “ambition, pragmatism and energy” to reach a deal – but admitted [...]

  • Hunt: EU must ‘get house in order’ to counter Russian threat to way of life

    August 21, 2018

    Foreign secretary Jeremy Hunt is today set to call on the EU to “go further” when it comes to imposing sanctions against Russia, claiming that President Putin’s regime has “made the world a more dangerous place”. The secretary of state will note that allies must “get our own house in order” to meet new challenges posed [...]

  • The Brexit campaign is about to be fought all over again

    August 19, 2018

    If you thought you would return from your summer holiday to find the country coming together behind a coherent Brexit plan, think again. With the departure date just over 200 days away, one could have been forgiven for thinking that the old arguments about Leave versus Remain would have given way by now to something [...]

  • Labour Party suspends former MP as anti-semitism row shows no sign of quieting down

    August 18, 2018

    The Labour Party’s ongoing anti-semitism row has hit the headlines again today following the suspension of a former MP over a social media outburst. Jim Sheridan, who lost his parliamentary seat in 2015, was alleged to have said he had lost his respect and empathy for the Jewish community and their suffering “due to what they and [...]

  • City concerned at lack of EU no deal plans

    August 17, 2018

    The City is growing frustrated with the EU’s apparent failure to grapple with the regulatory challenges posed by a no deal Brexit. Work in the UK has begun on a “temporary permissions regime”, allowing EU firms to continue passporting into the country in the event of a hard Brexit. But senior figures in the Square [...]

  • Congratulations, students – welcome to a broken system

    August 17, 2018

    It is hard to think of a more eccentrically British fixation than the national obsession with A-level results day. And there’s something for everyone in the results announced yesterday A rise in the proportion of students achieving As and A*s (“exams have become too easy”), a fall in the numbers achieving above a C grade [...]

  • MPs tell Hammond: Don’t even think about a vape tax

    August 16, 2018

    An influential committee of MPs has urged the government to ease its rules on e-cigarettes in the wake of reports that the Treasury plans to slap vapers with a new sin tax. In a report which hits out at the government for “missing significant opportunities” to tackle smoking-related deaths, the Science and Technology Committee has called [...]

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