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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

  • Second London man charged over fatal stabbing of ‘loving father’ near St Paul’s Cathedral

    May 18, 2022

    Police have charged a second London man over the fatal stabbing of a 32-year-old father near St Paul’s Cathedral. Jordell Menzies, 25, of Tennyson Road, Brent, was charged with murder Emmanuel Odunlami from Romford. The victim was found in Gresham Street, suffering from a fatal stab wound at 11:30pm on May 1, 2022. Menzies has [...]

  • Impact of post-Brexit trade deal with New Zealand examined by parliamentary committee

    May 18, 2022

    Post-Brexit trade with New Zealand is being brought into focus this morning, with Westminster’s top trade committee examining the impact of the free trade deal signed in February.  The arrangement between the UK and the Pacific nation, which is more than 18,000 miles away, is being looked at by two panels, focusing on services and [...]

  • Brexit: Government finds UK unity more important than potential trade war with EU, says minister

    May 18, 2022

    The Northern Ireland Minister said this morning that the unity of the country outweighs the potential impact of a trade war with the EU. Conor Burns said he expects to reach a compromise with the EU, though legislation would be brought before Parliament regardless. On the threat of a trade war with the EU, he [...]

  • Starmer calls windfall tax ‘inevitable’ as Tories show signs of wobbling over the levy

    May 18, 2022

    Internal government polling has found support for a windfall tax on the profits of energy firms is “wildly” popular..

  • Britain not ‘scrapping’ the Northern Ireland protocol, but ‘fixing’ it, says foreign secretary

    May 18, 2022

    Foreign secretary Liz Truss has insisted the UK is not looking to scrap the Northern Ireland protocol, but is looking to fix the agreement which “isn’t working” in wake of the Brexit vote. The cabinet member told Sky News this morning there needed to be “sensible pragmatic changes” to it, with a stalemate over trade [...]

  • Liz Truss plays down calls for windfall tax

    May 18, 2022

    Foreign secretary Liz Truss has played down calls for a windfall tax on energy firms, saying “we need to attract investment”, and a tax would be a deterrent. Speaking on Sky News this morning, she appeared to be at odds with calls made by the Chancellor Rishi Sunak yesterday, who said nothing was off the [...]

  • Billions of pounds of taxpayer cash will be lost due to covid support scramble, MPs warn

    May 18, 2022

    Billions of pounds of taxpayers’ money will be “lost to fraud and error” in the government’s scramble to dish out cash via covid business support schemes, the public accounts committee has warned today.

  • European Commission urges EU to be ready for cut-off in Russian gas supplies

    May 17, 2022

    The European Union should prepare for Russia to switch off gas supplies into Europe, the trading bloc's executive arm will warn tomorrow.

  • Petrol firms defend ‘nauseating prices’ as business minister implores retailers to pass on fuel duty cut

    May 17, 2022

    Retailers have defended forecourt prices as politicians call for costs to be slashed after a fuel duty cut earlier this year. Business minister Kwasi Kwarteng has written to businesses to implore them to pass on the savings from a 5p per litre cut in fuel duty introduced in March. It comes after motoring group the [...]

  • Tory MP arrested for rape and asked to stay away from Parliament

    May 17, 2022

    A Conservative MP has been arrested on suspicion of rape and asked to stay away from the parliamentary estate. The Metropolitan Police said the alleged sexual offences were committed between 2002 and 2009 in the capital.  A statement from Scotland Yard stated: “A man was arrested on suspicion of indecent assault, sexual assault, rape, abuse [...]

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