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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

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Politics

  • Prime Minister forges ahead with Chequers’ Brexit white paper as Eurosceptic rebellion looms

    July 11, 2018

    The Prime Minister is pushing on with her Chequers proposals in publishing the much-awaited Brexit white paper today, as Eurosceptics plot rebellion from the backbenches. The white paper – hailed as the most significant Brexit publication since the 2016 referendum – will set out Theresa May's vision for the UK's future relationship with the EU. [...]

  • Brexiters unveil plan to derail Theresa May’s Chequers proposals

    July 11, 2018

    Brexiters are planning to block Theresa May's Chequers proposals by rebelling against the government's next major Brexit bill. Eurosceptics led by Jacob Rees-Mogg are tabling four amendments to the Cross Border Trade Bill, which is due to be debated in the Commons next week, in a bid to challenge what they blast as 'Brino' – [...]

  • Number 10 Downing Street is no place for a Brexit betrayer

    July 11, 2018

    The UK government and parliament are fast approaching another of those thankfully rare historical episodes that are either nation-affirming or hugely humiliating. Will we witness our salvation of 1940, or our Suez of 1956? It is being brought to us courtesy of a Prime Minister doing her utmost to become possibly the worst leader to [...]

  • Brexiters pressuring ministers to ‘put principle before career’ over Chequers deal

    July 11, 2018

    Pro-Brexit frontbenchers are coming under pressure to act on "principle" and quit over Theresa May's Chequers proposal, after further resignations last night. City A.M. understands that Brexit minister and former head of the European Research Group Suella Braverman has been "getting heat" from the very group she once led over her decision to remain in [...]

  • Home secretary Sajid Javid confirms no automatic rights for EU workers after Brexit

    July 10, 2018

    Home secretary Sajid Javid has confirmed there will be no "automatic right" for EU citizens to work in the UK after Brexit, potentially ramping up tensions between him and Cabinet colleagues. Speaking to the Home Affairs Committee this morning, Javid declined to comment on whether highly-skilled workers would be able to look for a job [...]

  • Who could replace David Davis as Brexit secretary?

    July 9, 2018

    The Prime Minister will this morning have to decide who to replace David Davis as Brexit secretary after he resigned late last night. It is not a simple move, as Theresa May's Cabinet is finely balanced between Remainers and Leavers. Davis had voted Leave in the referendum, but whoever she now picks must get behind [...]

  • US ambassador Woody Johnson warns that trade deal is ‘up in the air’ after Chequers plan unveiled

    July 9, 2018

    The US ambassador has warned that a post-Brexit free trade deal is "totally up in the air" after the details of Theresa May's Chequers plan emerged this weekend. The new policy – which the Prime Minister hailed on Friday evening as "business-friendly" – is based around a common rule book for industrial goods and agricultural [...]

  • Brexit secretary David Davis and minister Steve Baker resign arguing PM’s policy leaves UK in ‘weak’ and ‘inescapable’ position with EU

    July 9, 2018

    Brexit secretary David Davis has resigned, just nine months before the UK is to leave the EU, arguing Theresa May's new approach is damaging the country's position. The Cabinet minister quit his position, saying "the current trend of policy and tactics" was making it look less and less likely that the government could "deliver on [...]

  • David Davis: May’s Brexit policy is ‘sword of Damocles’

    July 9, 2018

    Outgoing Brexit secretary David Davis has said he quit government because Theresa May's policy would result in a "sword of Damocles" hanging over the UK. The Cabinet minister resigned late last night, just 48 hours after the Cabinet signed off on the Prime Minister's new plan to negotiate for a common rulebook as the overarching [...]

  • Brexit: Foreign secretary Boris Johnson has resigned over Theresa May’s Chequers plan

    July 9, 2018

    Foreign secretary Boris Johnson has resigned, just hours after his Cabinet colleague David Davis walked. The former Vote Leave campaigner has quit following last week's Chequers meeting, in which the Prime Minister pushed a plan that he reportedly described as "a turd". City A.M. reported last week that Johnson has been outraged by Theresa May's [...]

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