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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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Transport & Infrastructure

  • TfL savings target upped to £650m amid concerns over ‘managed decline’

    December 14, 2023

    Transport for London must find £650m in savings by 2025/26, according to its draft business plan and amid calls for a funding arrangement.

  • TfL wins battle to develop South Kensington tube station as government overrules council

    December 13, 2023

    The planned redevelopment of South Kensington tube station has got to the go ahead from the Planning Inspectorate.

  • Are dividends under threat at Vodafone, BT and peers?

    December 12, 2023

    Why are dividends looking unsustainable for big telecom companies at a time when connectivity is so important?

  • Taxpayers and passengers hit by competition issues in railway station catering market, watchdog warns

    December 12, 2023

    A lack of competition in the railway station catering market is driving up costs for passengers and taxpayers, the rail watchdog has warned.

  • Saudi sweep for majority control of Heathrow divides London MPs

    December 11, 2023

    News that Saudi Arabia could be set to take majority control of Heathrow Airport has divided London MPs.

  • Half of Heathrow Express services cancelled as rail chaos also hits Elizabeth Line (again)

    December 11, 2023

    Train passengers on major routes through are being hit by fresh disruption, with Heathrow and the Elizabeth Line impacted. Heathrow Express, which serves the UK’s busiest airport, Heathrow, cancelled half its services on Monday. The operator said this was because of “more trains than usual needing repairs at the same time”. Heathrow Express, Great Western [...]

  • WH Smith boss’s pay jumps 78 per cent to £2.9m as after travel charges resurgence

    December 11, 2023

    Around four-fifths of the larger pay deal was linked to performance-based bonuses after the company saw sales and profits jump.

  • Rail regulator warns online ticket sellers ‘drip pricing’

    December 11, 2023

    Online train ticket sellers have been accused of using so-called 'drip pricing' tactics to glean more money from consumers.

  • Heathrow passenger traffic dips amid Saudi takeover speculation

    December 11, 2023

    Heathrow Airport's passenger traffic has slowed amid speculation over a possible Saudi-state backed consortium seizing control of the hub.

  • Could Saudi Arabia be set for majority control of Heathrow?

    December 10, 2023

    Saudi Arabia could take majority control of Heathrow airport, as shareholders moot an offer from a group of Saudi-state backed investors.

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