If the NAO is calling for government innovation, you know it’s bad February 10, 2025 Everyone thinks government should be more innovative, but the NAO saying it means Labour really has dithered, writes Eliot Wilson.
NFL ‘running scared’ of Trump and Musk ahead of Super Bowl with Bluesky ban February 6, 2025 The NFL risks alienating fans and accusations of “running scared” from Donald Trump and Elon Musk ahead of Super Bowl LIX after it banned teams from posting on X rival Bluesky, say industry watchers. Sunday’s showdown between the Kansas City Chiefs and Philadelphia Eagles in New Orleans, the climax to the NFL season, is set [...]
UK’s audit chief ‘open to learning’ from Elon Musk’s DOGE in US February 5, 2025 The head of the government’s spending watchdog has said he is open to learning from Elon Musk’s US “department of government efficiency”, or DOGE. Gareth Davies, the UK’s chief auditor, gave his annual speech to Parliament on Tuesday, warning that money was being “wasted” and public services “compromised” as he stressed that there was a [...]
Uber shares tumble despite ‘strongest quarter ever’ February 5, 2025 Uber shares tumbled on Wednesday despite boss Dara Khosrowshahi hailing its “strongest quarter ever” amid surging demand. The San Francisco-based firm reported a 20 per cent rise in revenue to $12bn (£9.7bn) over the three months ended 31 December. Total trips on its platform grew 18 per cent year-on-year to around 3.1bn. Khosrowshahi lauded the [...]
Reeves reviews tech tax as Trump trade war fears mount February 4, 2025 Rachel Reeves is reviewing the UK’s £700m digital services tax (DST) on American tech giants in a bid to avoid Donald Trump’s tariffs. The DST, which was introduced in April 2020, imposed a two per cent levy on UK revenues of major tech leaders like Amazon, Apple and Google. The US previously expressed strong opposition, [...]
Labour optimism evaporates after bruising seven months February 4, 2025 Labour would see its majority wiped out if the country were to head to the polls today as voters turn on Keir Starmer and Rachel Reeves over their handling of the economy, exclusive polling for City AM has found. After romping to victory with a majority of 174 in July, Labour’s vote share has slumped [...]
Trump’s tariffs reveal reality of Dealmaker-in-Chief February 4, 2025 Things happen quickly in Trump’s America. On Saturday, the US President announced sweeping tariffs on imports from China, Canada and Mexico, in a move that sparked panic among allies as far away as Japan and the EU. By yesterday afternoon, analysts were predicting that the Canadian and Mexican economies would be plunged into recession as [...]
Trump, the Super Bowl, wokery and sport’s shift to the right February 2, 2025 It might be the same man sitting in The Oval Office, but a lot’s changed since Donald J Trump first presided over a Super Bowl eight years ago. In 2017 America was perilously divided, with a newly-elected Trump in the White House and protest marches taking place on the streets outside it. This tension was [...]
Microsoft, Meta, Tesla & Apple: What this week’s tech earnings tell us about the AI boom January 31, 2025 Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far. AI spending shapes the tech sector This week started with the rise of Chinese startup DeepSeek causing headwinds on [...]
Meta pays Trump $25m to settle Facebook lawsuit January 30, 2025 Meta has agreed to pay $25m (£20m) to settle a lawsuit filed by President Donald Trump back in 2021 over his banned accounts. The president had sued Facebook and Instagram’s parent company, as well as its owner, Mark Zuckerberg, due to his accounts being suspended on its platforms. Meta had banned his accounts following the [...]