Bank of England: Economy resilient but full force of interest rates yet to come December 6, 2023 UK firms have shrugged off the worst of a rapid interest rate tightening cycle this year but the full force of hikes is yet to filter through to businesses, the Bank of England warned today.
Debate: should we use age verification tech for pornography? December 6, 2023 This week, the media regulator caused quite a stir when they suggested anyone who watches porn could have to have their faces scanned to prove their age. Draft guidance from Ofcom has set out a number of ways to stop kids watching adult content, and one of them is to do age checks via AI [...]
Musk eyes $1bn for startup xAI as he seeks to expand tech empire December 6, 2023 Musk is hoping to raise $1bn (£0.8bn) in equity for his artificial intelligence (AI) model xAI, according to the US securities regulator.
Stagecoach bemoans traffic congestion amid ‘disappointing’ London losses December 6, 2023 Stagecoach has hit out at congestion and roadworks in London this morning, as half-year losses in its bus segment in the capital mounted.
Rail strikes continue TODAY: Here’s all you need to know December 6, 2023 Train drivers from the ASLEF union are set to continue this weeks' string of walkouts on Tuesday, halting services at a host of operators.
BAT plunges nine per cent after announcing £25bn hit December 6, 2023 British American Tobacco has said 50 per cent of its revenue will come from non-combustible products such as vapes by 2035.
Investors pulling out of property funds thanks to ‘triple squeeze’ on sector December 6, 2023 Property funds were hard hit by outflows in November as fears rise that a temporary dip in property values may become more permanent.
Various Eateries to capitalise on ‘reduced competition’ in casual dining market December 6, 2023 The business behind restaurants Coppa Club and Noci, Various Eateries, is looking to ramp up the rollout of both sites as it looks to capitalise on "reduced competition" in the casual dining market.
TUI mulls London delisting in potential blow to capital’s stock exchange December 6, 2023 The executive board of travel giant TUI are considering a move off the London Stock Exchange in favour of Germany.
US private equity bowls over another London-listed operation December 6, 2023 Bowling operator Ten Entertainment Group is set to become the latest London-listed firm to fall into the hands of American private equity
