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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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andy burnham

  • ‘Is that it?’: Badenoch lays into Healey Budget speech

    October 28, 2026

    Kemi Badenoch has poured scorn on Labour’s welfare spending plans as she slammed John Healey’s inaugural Budget speech. The Conservative leader admonished the Chancellor for failing to cut levels of government spending and said the government was to blame for a fall in growth projections next year from the Office for Budget Responsibility (OBR). “I [...]

  • Budget 2026: Households earning over £110,000 locked out of revived Help to Buy scheme

    October 28, 2026

    Households earning more than a combined £110,000 are set to be excluded from the revived Help to Buy scheme, the Autumn Budget confirmed. First-time buyers earning over a combined £110,000 outside London will be locked out of benefiting from the £4.7bn government-backed funding providing equity loans in the Your First Home Scheme, and £140,000 inside [...]

  • Budget 2026: Healey unveils data centre deal in bid to keep Britain’s AI data in the UK

    October 28, 2026

    John Healey has unveiled a new deal offering data centre developers priority access to Britain’s electricity grid in exchange for investment in jobs and environmental protections. Announcing the British Data Centre Covenant in Wednesday’s Budget, Healey said the government would impose strict conditions on developers while helping critical facilities secure the power needed to support [...]

  • Budget 2026: Healey carves out political breathing space for Andy Burnham

    October 28, 2026

    If John Healey’s looking for a political narrative to frame his Budget, perhaps he could borrow from AI behemoth Anthropic. The Claude-maker’s extraordinary IPO prospectus insists that for all the risks and uncertainty surrounding the technology and economics of AI, their approach will be “bold but sane.” In fact, the full quote is that “in [...]

  • Healey poised to deliver ‘long grass’ Budget 

    October 27, 2026

    John Healey’s maiden Budget is likely to omit clear plans to boost defence spending, reform taxes and curb the welfare bill, economists have predicted, in a move that would kick “tough decisions into the long grass”. Healey, who resigned from Sir Keir Starmer’s government over the Treasury’s refusal to set out how it would lift [...]

  • Sheikh Mansour doubles down on Manchester City with £100m injection despite legal row

    October 26, 2026

    Sheikh Mansour has reaffirmed his commitment to City Football Group despite Manchester City’s ongoing legal battle with the Premier League by investing a further £100m. Filings at Companies House show that 11,327,163 new shares in CFG were allotted on 14 October, raising the nine-figure sum. A spokesperson for CFG confirmed to City AM that the [...]

  • Andy Burnham doesn’t listen to anyone but himself

    October 26, 2026

    Burnham strives to appear inclusive but he ignores the voice of industry and defence. Signs are emerging that this is a government which doesn’t listen at all, says Eliot Wilson This week will see Chancellor John Healey deliver his Budget. At 66, he will be the oldest Chancellor of the Exchequer to present a first [...]

  • Instead of nostalgia for industries of the past Andy Burnham should look to the stars

    October 26, 2026

    Britain’s space industry is the definition of good growth in every postcode, but too many start-ups are forced to seek foreign buyers when they want to scale, says James Lockyer Andy Burnham has been desperate to turn back the clock lately. The mood music from the PM has been renationalise, regulate, back to the 1970s [...]

  • Burnham sparks Brexit row over return to EU free movement

    October 25, 2026

    Andy Burnham has been accused of “betraying Brexit Britain” and threatening to hand control of the country’s borders back to Brussels after suggesting the UK could restore freedom of movement with the European Union. Reform UK leader Nigel Farage branded the remarks a betrayal of voters, while the Conservatives vowed to oppose any attempt to [...]

  • Autumn Budget 2026: What does the bond market want from Healey?

    October 23, 2026

    John Healey is not expected to rock the boat in his maiden Budget next week. Looking at the combustible bond market, that’s probably just as well, writes Ali Lyon. John Healey is, the well-worn cliche goes, walking a tightrope. Boxed in from three directions, the Chancellor could certainly have hoped for an easier backdrop in [...]

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