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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

  • Boris Johnson stands by ‘f*** business’ comments by suggesting they were aimed at lobbyists

    June 26, 2018

    Boris Johnson has failed to deny reports he said "f*** business", instead suggesting his comments were aimed at lobbyists. The foreign secretary was accused of uttering the four-letter word to dismiss an EU diplomat's concerns about how firms would continue to trade after Brexit. According to The Telegraph he was speaking with Belgium’s ambassador to [...]

  • Where’s Boris? Foreign secretary slammed over Heathrow no show

    June 25, 2018

    Boris Johnson should resign over his long-held objections to Heathrow expansion, one of his colleagues has said, while otgers admit they've no idea where he's hiding. The foreign secretary is today expected to be out of the country, avoiding this afternoon's vote on the matter. However it is not clear where, with rumours putting him [...]

  • Brexit: Government plots rainbow tour of EU27 to talk future relationship before Michel Barnier can ‘whip them into line’

    June 25, 2018

    Theresa May is planning to go direct to key EU27 member states in a bid to get them onside with the UK’s position on the future relationship, City A.M. understands. While the Brexit white paper had been expected before this week’s European Council meeting, one source said the delay was now being viewed as a [...]

  • Trade secretary Liam Fox says extended Brexit transition would be acceptable

    June 24, 2018

    International trade secretary Liam Fox today set himself on collision course with his fellow Brexit backers in the Conservative party by saying he would accept an extension to a period of transition from the EU. The Cabinet minister, one of the most prominent voices in favour of leaving the EU during the referendum campaign, said [...]

  • Brexit: Two years on, are we actually any closer to leaving?

    June 23, 2018

    Two years after the EU referendum, and for many little seems to have changed. By and large, voters still hold the same view they did on 23 June 2016 – although a YouGov study published over the weekend shows a slight tipping in favour of Remain, with thousands of people marching in Londondemanding for a [...]

  • We deserve a Prime Minister who isn’t blind to the case for cannabis

    June 21, 2018

    No one could follow the story of Billy Caldwell, the 12-year-old boy who suffers from debilitating, potentially fatal seizures, and fail to be outraged by a bureaucratic system that denies him the cannabis treatment he needs. No one, that is, except Theresa May. The latest this week is that the government is finally going to [...]

  • Chancellor Philip Hammond uses Mansion House speech to accuse EU of ‘land grab’ of the City

    June 21, 2018

    Chancellor Philip Hammond tonight slammed the European Union for attempting a land-grab of the Square Mile, and promised to stand firm on the UK’s post-Brexit demands for the financial services sector. Hammond used his annual Mansion House address to rubbish the so-called enhanced equivalence regime proposed by Brussels. “These proposals have nothing to do with [...]

  • Brexiters slam Single Market for goods proposal

    June 21, 2018

    Brexiters have slammed suggestions that Number 10 could be poised to push for a Single Market for goods, claiming it would bind the UK's hands on future trade deals. Reports this morning suggested the idea – put forward by think tanks including Open Europe and the Centre for European Reform – was gaining traction in [...]

  • EU Withdrawal Bill: Government secures narrow victory after Dominic Grieve backs down – for now

    June 20, 2018

    A last minute addition to the government's Brexit bill secured a narrow victory for Theresa May this afternoon, after arch rebel Dominic Grieve backed down. Just minutes before the debate began, Brexit secretary David Davis published a written ministerial statement allowing the Speaker to have the final say on whether a motion can be amended [...]

  • Chancellor’s Mansion House speech: City to strike new partnerships with global financial hubs

    June 20, 2018

    The chancellor is to tell the City of his plans to forge relationships with major financial centres around the world as he looks beyond Europe to cement the UK’s position as “the undisputed gateway to global markets”. Philip Hammond will use his Mansion House speech tomorrow night to set out plans for “ground-breaking financial partnerships” [...]

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