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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

  • Michael Gove: There won’t be an emergency budget to tackle the cost of living crisis

    May 11, 2022

    Levelling Up Secretary Michael Gove has insisted there will not be an emergency budget to deal with the cost of living crisis. The minister made his comments on Sky News this morning after the prime minister told the Commons yesterday, that Rishi Sunak would be “saying more” on the UK’s response to rising inflation and [...]

  • Khan tours America: Donald Trump’s presidency led to much more racist abuse for me, says Mayor of London

    May 11, 2022

    As Sadiq Khan’s visit to the US matures, the Mayor of London has said Donald Trump’s period as US president led to a significant rise in racial abuse directed at him. Khan, speaking at Stanford University near San Francisco on his US trade mission, said temporary and permanent banning of Mr Trump from Twitter led [...]

  • UK has ‘given up’ on Brexit talks and plans to kill off Northern Ireland Protocol next week as trade war with EU looms

    May 11, 2022

    The government will reportedly move to discard large portions of the Northern Ireland Protocol after giving up on Brexit negotiations with the EU. The Times newspaper reported officials working for Foreign Secretary Liz Truss have drawn up draft legislation to unilaterally remove the need for checks on all goods being sent from Britain for use [...]

  • Fresh losses for Putin as Russian Army loses most of Kharkiv and Ukraine holds ground at Mariupol mill

    May 11, 2022

    Kyiv’s military has made gains near the eastern city of Kharkiv overnight, Ukrainian President Volodymyr Zelensky claimed this morning. Zelensky that the military was gradually pushing Russian troops away from the city. The Ukrainian military’s general staff said its forces drove the Russians out of four villages to the northeast of Kharkiv as it tries [...]

  • Eat that, Putin: US lawmakers give green light for historic £32bn lifeline for Ukraine in fresh push to ‘weaken’ Russia

    May 11, 2022

    Sigh of relief in Kyiv this morning as the US House of Representatives has emphatically approved a fresh $40bn, or £32.4bn, aid package for Ukraine. The measure sailed to passage by a lopsided 368-57 margin, providing $7bn more than President Joe Biden’s request from April and dividing the increase evenly between defence and humanitarian programs. [...]

  • Tech giants need to crack down on racist abuse online, says Sadiq Khan

    May 10, 2022

    Sadiq Khan said tech giants need to ‘act sensibly’ and not wait for governments to bring in regulations

  • Trump’s presidency drove racist abuse, according to GLA analysis as Musk set to drop Twitter ban

    May 10, 2022

    Donald Trump’s election as President spurred on racist abuse against London Mayor Sadiq Khan, fresh analysis from the Greater London Authority has suggested as Elon Musk said he plans to lift the Twitter ban on the former US leader. According to the GLA, the number of abusive tweets the Mayor was subjected to rose by [...]

  • Scrap National Insurance hike to ease cost of living, says Khan

    May 10, 2022

    BORIS Johnson should cut National Insurance contributions in a bid to ease the cost of living, Sadiq Khan has said during a trip to the US.  The Queen’s speech, delivered today, did not include further measures to ease the burden of sky-high gas prices and the Prime Minister warned that “we cannot spend our way [...]

  • Windfall tax: There was little sympathy for loss-making energy giants in depths of 2020

    May 10, 2022

    Is business turning on business? It appeared so yesterday morning when the well-respected Tesco chair John Allan said the case for a windfall tax on energy giants had become “overwhelming.” Needless to say, Labour jumped all over this, just as they did when the former Financial Times editor Lionel Barber said the same. But alas, [...]

  • Khan: London should hold Olympics again by 2050

    May 10, 2022

    Sadiq Khan has said London should host the Olympics again

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