UK set for biggest tax rise in at least 50 years with £40bn raid October 7, 2023 The UK is on course to see its biggest tax rise in at least 50 years as a result of the freeze on personal thresholds and soaring inflation.
Wilko to shut final shops for good after dramatic collapse October 7, 2023 Wilko is set to shut the doors of its last high street shops for the final time as the collapse of the 93-year-old retailer comes to a close.
The FATF’s Travel Rule for crypto may not be as heavy as it seems October 6, 2023 Digital asset specialist lawyer Charlotte Tregunna casts an eye over the FATF Travel Rule and the effect it will have on crypto businesses.
The end for Just Stop Oil? Green pioneer Dale Vince to stop funding eco group October 6, 2023 Green energy industrialist Dale Vince has said he will stop funding eco-activists Just Stop Oil, saying he believes further protests would be “counterproductive” and “pointless” given the Government’s stance on drilling in the North Sea. The Ecotricity founder, who has donated to both the Labour Party and Just Stop Oil, said he will instead focus [...]
‘Worrying failure: Snap handed enforcement notice by UK information watchdog over AI chatbot October 6, 2023 The UK’s information watchdog has said Snapchat may be required to “stop processing data” related to its AI chatbot after issuing a preliminary enforcement notice against the technology business. UK Information Commissioner John Edwards said the provisional findings of a probe into the company suggested a “worrying failure” by Snap, the app’s parent business, over [...]
Bezos chases Musk: Amazon to launch first satellites into space in global internet mission October 6, 2023 Amazon is set to launch its first satellites into space as part of a mission to bring fast internet connection to all corners of the globe. The multinational technology giant will launch two test satellites from a space station in Florida on Friday afternoon. It is part of mission, called Project Kuiper, to bring fast [...]
Aldi and Morrisons to create thousands of jobs in run-up to Christmas October 6, 2023 Two supermarket giants Aldi and Morrisons have announced plans to recruit thousands of workers ahead of the busy festive season. Aldi is creating 3,000 permanent and temporary jobs, while Morrisons is looking for 3,500 extra staff to work in its stores, food manufacturing sites and logistics operations as both firms deal with expected increased demand [...]
US jobs growth surged in September as Fed now likely to raise interest rates again October 6, 2023 US job growth surged in September, suggesting that the labor market remains strong enough for the Federal Reserve to raise interest rates this year.
Ex-pilot is new Civil Aviation Authority chief with ATC scandal top of in-tray October 6, 2023 The UK Civil Aviation Authority (CAA) watchdog has announced the appointment of Rob Bishton as its new chief executive.
AI governance – who’s in control? October 6, 2023 Lord Holmes urges us all to be part of the AI governance discourse if we want to ensure that ‘safe’ systems can work for everyone.
