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      IMF boss warns on AI ‘tax erosion’ if jobs are wiped out

      IMF Managing Director Kristalina Georgieva speaking at a press conference, addressing global economic challenges.

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      Fine dining experience with various dishes, wine, and a lit candle on a dark wooden table at Cloth Cornhill.

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bureaucracy

  • It’s time to take a chainsaw to red tape

    Opinion

    Britain’s regulatory state is about the only thing that’s growing under this Labour government, says Andrew Griffith As business now know, words are cheap – it’s actions that count. Rachel Reeves has spoken at length about her drive to deregulate the city, from her Mansion House speech in the summer to a recent deregulatory launch. [...]

    City bureaucracy concept with tangled red tape symbolizing administrative challenges and inefficiencies
  • Forget Russia, China and North Korea – Britain’s no 1 enemy is bureaucracy

    Opinion

    Ukraine has proved that the side that can innovate fastest and deliver lethality at the lowest costs will win, writes Blythe Crawford During this week of Remembrance, as we honour those who gave their lives for our security and values, Europe faces a stark awakening. Russia has escalated missile and drone assaults across Ukraine, struck [...]

    Defence officials in formal attire reviewing documents at a conference table, showcasing military planning and bureaucracy.
  • Can AI do it better? Why Starmer is right to reimagine the civil service

    Opinion

    What proportion of the civil service's workload could AI handle today? Starmer could revolutionise Whitehall if he's brave enough.

    LIVERPOOL, ENGLAND - OCTOBER 08: Leader of the Labour Party Keir Starmer (C) and Shadow Chancellor Rachel Reeves (L) view robotic equipment during a visit to the Materials Innovation Factory on October 08, 2023 in Liverpool, England. The Labour Leader and Shadow Chancellor are in Liverpool for the party's annual Conference. (Photo by Leon Neal/Getty Images)
  • How the accounting watchdog is looking to unleash the City

    November 11, 2024

    As Richard Moriarty gripped the sides of a podium and spoke freely from a sheet of bullet points at the London Stock Exchange in September, a warmth was stirring among certain City executives in the room. The tie-less career regulator, boss of the audit watchdog, the Financial Reporting Council, laid out his plans to shake [...]

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