Yu Group shares soar after energy supplier confirms bumper bookings May 31, 2023 Yu Group shares are up 26 per cent on the London Stock Exchange in today's trading, after confirming bumper bookings this year.
AI ‘godfather’ feels ‘lost’ over life’s work after experts warn it could lead to extinction of humanity May 31, 2023 One of the “godfathers” of artificial intelligence (AI) has said he feels “lost” as experts warned the technology could lead to the extinction of humanity. Professor Yoshua Bengio told the BBC that all companies building AI products should be registered and people working on the technology should have ethical training. It comes after dozens of [...]
Bank of England to surpass Federal Reserve and hike interest rates to 15-year high May 31, 2023 The Bank of England will have to hike interest rates to their highest level in more than 15 years to tackle sticky inflation that will stay above its target for at least another three years, a top Wall Street investment bank has warned today. Researchers at Goldman Sachs suspect businesses will carry on passing on [...]
Amazon workers planning walkout at US HQ after return-to-office mandate, layoffs and environmental concerns May 31, 2023 Amazon workers upset about recent lay-offs, a return-to-office mandate and the company’s environmental impact are planning a walkout at the company’s Seattle headquarters. The lunchtime protest comes a week after Amazon’s annual shareholder meeting and a month after a policy took effect requiring workers to return to the office three days per week. “We respect [...]
Labour: Just Stop Oil backer Dale Vince ‘perfectly legitimate’ party donor May 31, 2023 British businessman Dale Vince is a “perfectly legitimate person” to take money from despite his donations to Just Stop Oil.
Starmer says Britain’s Brexit future is OUTSIDE of the EU under Labour May 31, 2023 Britain’s future is outside the EU, Labour leader Sir Keir Starmer has said, as he promised to make Brexit work. Writing in the Daily Express newspaper, Sir Keir – who campaigned for Remain in the 2016 referendum – also said he would not be seeking a return to freedom of movement. The comments are Sir [...]
People who get ‘poor’ bank rates should ‘shop around’, DWP sec Mel Stride says May 31, 2023 People who feel they are getting “very poor” interest on their savings should “shop around” and find a bank that will pay “a better rate”, the Work and Pensions Secretary has said. Mel Stride said some of the “stickiness” comes because there is “often inertia” and that it is “relatively easy to change and switch [...]
Rail union boss ‘not seen anyone from government’ since January as fresh strikes bring UK to a halt May 31, 2023 Rail union Aslef’s general secretary has said he “hasn’t seen anyone from government” since 6 January, as workers start a wave of strikes, bringing trains to a halt across the country. “They are not interested, they don’t care, they are not interested in a resolution to this dispute,” he told Kay Burley’s Sky News Breakfast [...]
Spectacular froth in AI stocks, says top City strategist May 31, 2023 One analyst believes artificial intelligence represents the 'madness du jour' on global stock markets amid valuation spikes
Goldman Sachs to make another round of job cuts as dealmaking slump continues – reports May 31, 2023 Goldman Sachs is considering another round of job cuts over the next few weeks as the drought in dealmaking continues to weigh on performance. According to Reuters, the layoffs – which would total not more than 250 – could include senior figures like partners and managing directors. The news was first reported by the Wall [...]
