Artificial intelligence could lead to huge rewards, but we must break down the barriers to AI adoption February 22, 2019 Data, both the business and personal kind, is fast becoming an essential utility like transport, energy, and water. It is critical to the efficient functioning of modern life, and I honestly do not believe that we could do without it. How we live, administer, manufacture, invest, plan, research, sell, buy, deliver, and even connect with [...]
China invites chancellor Philip Hammond to visit despite war of words over British patrols in Pacific February 22, 2019 The Chinese foreign ministry has said it would welcome a visit from the UK government's chancellor of the exchequer, Philip Hammond, just a day after he said that relations with China had been affected by talk of Britain deploying a warship in the Pacific. Read more: Defence firm BAE plugs £20m into artificial intelligence on UK [...]
A lesson for investors from the true life of Carlos Ghosn February 22, 2019 | City Talk Investors’ fondness for a good story is a theme we have often touched upon, here on The Value Perspective – though never in so literal a way as fortnightly Japanese manga magazine Big Comic Superior once managed. Back in 2001, it ran a comic strip chronicling the life of Carlos Ghosn, who rescued Nissan from [...]
Government report warns of Eurostar chaos in no-deal Brexit scenario February 22, 2019 Eurostar train services could face heavy disruption in the event of a no-deal Brexit, with a government report indicating that queues could reach up to 15,000 passengers each day. A report by the Department for Transport said in the worst case scenario the daily queue could stretch for almost a mile from St Pancras station [...]
Labour MP Ian Austin quits ‘broken’ party, saying he cannot ask people to vote for Jeremy Corbyn February 22, 2019 Ian Austin has quit the Labour party this morning, in another blow to Jeremy Corbyn’s leadership. However, the Dudley North MP said he does not plan to join the Independent Group, an alliance of 11 Labour and Tory MPs who have abandoned their parties citing a “failure of British politics”. Read more: Eighth MP quits Labour [...]
DEBATE: Is the timing now right for a new centre party like the Independent Group to flourish? February 22, 2019 Is the timing now right for a new centre party like the Independent Group to flourish? Ben Kelly, commentator for Reaction, says YES. There is no doubt that the odds are stacked against a new centre party, but it’s a case of “if not now, when?”. The far left has completed a successful top-down takeover of [...]
Finally, the Tories have tackled the UK’s deficit February 22, 2019 Credit where it’s due, Philip Hammond has finally conquered the deficit – albeit several years after his predecessor George Osborne originally promised to have done so. While the government is still spending more money than it generates, the UK’s rate of borrowing is considerably below pre-crisis levels. In its analysis of yesterday’s borrowing figures the [...]
Editor’s Notes: Is this new group just a respite centre for Remainers…or something more? February 21, 2019 Are we witnessing the dawn of a new political age, or the spasm of a few politically homeless MPs? The smart answer is that it’s too early to tell, but if I were forced off the fence I’d say the latter is more likely. There will almost certainly be more defections, from Labour as well [...]
Theresa May tells quitting MPs the Conservative Party is not ‘warped’ like Labour February 21, 2019 Theresa May has insisted the Conservative party has not become “warped” after three resigning MPs accused it of being in the control of zealots. In an open letter to Anna Soubry, Sarah Wollaston and Heidi Allen – all of whom quit the Tories on Wednesday – the PM rejected any comparisons between her party and [...]
UK rules out Japan free trade deal ahead of Brexit deadline February 21, 2019 The UK has admitted it will not be able to sign a trade deal with Japan that matches the EU’s own agreement before the 29 March Brexit deadline. Read more: How will the EU act after Brexit? The government is racing to replicate around 40 free trade deals before the UK’s scheduled departure from the [...]