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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

  • Japanese investor to ditch £500m stake in HS1 and East Midlands Railway

    December 31, 2023

    Mitsubishi HC Capital is reportedly preparing to sell £475m worth of UK rail assets as it steers away from the country's embattled network.

  • Three pays out £2bn dividend to Hong Kong-listed owner amid concerns over Vodafone UK merger

    December 31, 2023

    Three UK has shelled out a record dividend of £2bn to its Hong Kong-listed owner, CK Hutchinson, after selling mobile phone masts.

  • TfL warns tube stations could shut at short notice on New Year’s Eve

    December 31, 2023

    An influx of passengers may close Tube stations later this week, disrupting London's annual New Year's Eve firework display.

  • Warnings of further delays as Eurostar services restart

    December 31, 2023

    Eurostar speed restrictions and uncertainty surrounding the second tunnel means further disruption is possible, the operator has warned.

  • Eurostar services cancelled today due to flooded tunnel

    December 30, 2023

    Eurostar services from London have been cancelled “until the end of the day” as heavy rain and strong winds threaten to spoil people’s new year plans. No high-speed services are expected to run between Ebbsfleet International and London St Pancras International today because a tunnel under the Thames is flooded. The flooding is also disrupting [...]

  • The Rolls-Royce share price topped the FTSE 100 this year as investors cheered the new chief’s plan, but will the rally continue in 2024?

    December 29, 2023

    Rolls-Royce has been the talk of markets this year and is the fastest riser on the FTSE 100. How will the stock fare in 2024?

  • Paddington rail services including Elizabeth Line suspended after person hit by train

    December 28, 2023

    Rail services at the UK’s second busiest station are suspended after a person was struck by a train, Great Western Railway (GWR) said. All lines serving London Paddington are blocked following the incident in the Slough area. The incident is affecting GWR and Elizabeth line services. Disruption is expected to continue until 11am. GWR said: [...]

  • This year in airlines — profits galore as pent up demand steals the show. But 2024 spells turbulence.

    December 28, 2023

    It's been a remarkable year for airlines amid record demand for travel. But the sector's overconfidence spells trouble for 2024.

  • Shipping stocks fall as Maersk schedules dozens of vessels to travel through the Suez Canal

    December 27, 2023

    Denmark's Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea in the coming days and weeks.

  • Rail engineering works cause major disruption for thousands of passengers

    December 27, 2023

    Problems with two Christmas rail engineering work projects are causing major disruption at London St Pancras on Wednesday.

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