Three years on from Brexit, it’s time for the UK and the EU to find a way to get along February 3, 2023 Three years on from Brexit, and the UK and Europe are still arguing over the Northern Ireland Protocol and failing to build up any goodwill. This will damage both sides in a fragile economy instead of building up our financial links, writes Nicolas Mackel.
The big boys of the housing sector can’t be the only developers we rely on February 3, 2023 New housing policy from Westminster has been pretty much non-existent, but the market itself can enable more new homes to be built by looking outside of the top developers, writes Phil Hooper.
We need to fill the gap left by the demise of Tech Nation and quickly February 3, 2023 Tech Nation was a body with the explicit mission of driving tech investment and talent into the UK, but the government has pulled funding only days after saying they want the UK to be the next ’Silicon Valley’, writes Nigel Vaz.
Can AI replace the skill of a journalist? February 2, 2023 In-depth look into the rise of AI language bots like ChatGPT and addressing the question of whether or not AI can replace journalism.
Balli Steel execs found guilty of £120m fraud at collapsed trading firm February 2, 2023 Two Balli Steel executives have been convicted of using forged documents to mislead banks into lending the bankrupt commodities trader $150m (£122m). A jury at Southwark Crown Court today found Balli Steel executives Melis Erda and Louise Worsell guilty on six counts of fraud. Worsell, the managing director of Balli’s UAE business, and Erda, group [...]
FTSE 100 close: Markets shrug off rate hike as JD Sports and BT lift index February 2, 2023 The FTSE 100 closed higher on Thursday, boosted by a strong performance from BT and JD Sports, as investors digested the latest interest rate decision from the Bank of England later today. Governor Andrew Bailey increased interest rates by 50bps to a post-financial crisis high of four per cent earlier today. Investors think the Bank [...]
European Central Bank kicks rates 50 points higher and signals more such hikes to come February 2, 2023 The European Central Bank (ECB) today hiked interest rates 50 basis points and signalled further such increases are coming this year. The monetary authority of the 19 countries using the euro kicked rates higher to tame inflation, which last year hit the highest level since the creation of the common currency back in 1999. Borrowing [...]
Another interest rate hike to boost banks’ profits, but how long will the windfall last? February 2, 2023 Bank shares prices were mixed after the Bank of England raised interest rates by 50 basis points earlier today, as the pressure on banks to pass on higher interest rates to savers grew. The more domestically focused Lloyds and Natwest were trading 1.0 per cent and 0.6 per cent higher respectively. Barclays was up 0.8 [...]
Ofgem slaps Eon with provisional order in clampdown on poor service as it launches urgent British Gas probe February 2, 2023 Ofgem has continued its clampdown on the energy sector, naming and shaming firms in a critical review of the energy market.
Are AI avatars the next digital frontier? February 2, 2023 Sasha Tityanko from Sensorium Galaxy talks about the game-changing new breed of avatars which are permeating the worlds of metaverse and AI.
