Infected blood scandal: Compensation payments to start this year, minister says May 21, 2024 Compensation payments to the victims and families of the infected blood scandal will begin before the end of the year, the government has confirmed.
Tax from UK’s financial sector pays for the country’s entire education budget May 21, 2024 "Financial and related professional services are a significant and consistent source of tax revenue for the government," Miles Celic, chief executive at TheCityUK, said.
Brits should fill overseas workers job vacancies, minister to say May 21, 2024 British jobseekers should fill vacancies previously staffed by overseas workers, the work and pensions secretary is to say.
‘Day of shame’: Rishi Sunak apologises for infected blood scandal May 20, 2024 Rishi Sunak has made a “wholehearted and unequivocal apology” for the infected blood scandal in what he said was a “day of shame” for the British state.
London Stock Exchange chief takes aim at ‘pernicious’ stamp duty on shares May 20, 2024 The boss of the London Stock Exchange described the effect of a stamp duty on shares as “pernicious” today as she claimed the gloomy “public narrative” surrounding the City was beginning to lift.
New Semiconductor Institute welcomed by UK chip sector as part of £1bn strategy May 20, 2024 The new semiconductor institute is tasked with promoting the sector to investors and attracting foreign investment in British research.
British terrorism reinsurer warns extremists are ‘actively experimenting’ with AI to carry out attacks May 20, 2024 Terrorism sympathisers have recently begun using AI to create optical illusions as one method of distributing propaganda, the report said.
BT delays public network switchover until 2027 despite ‘increasingly fragile’ old tech May 20, 2024 BT and other operators are in the process of upgrading all of their old analogue phone services on to a fully digital, full-fibre network.
UK’s AI Safety Institute set to open in San Francisco May 20, 2024 The British government is hoping the new office will allow the UK to tap into Silicon Valley's tech talent and strengthen ties with the US.
City helps UK pull ahead of rivals to be Europe’s top destination for investment in financial services May 20, 2024 The UK has extended its lead as Europe's top destination for investment into financial services despite the impact of Brexit, according to a new survey from EY.