Labour’s waning brand is a boost for the Lib Dems, not the Tories February 5, 2025 Labour has followed the Tories in embroiling itself in a crisis of trust, and it's the Lib Dems who stand to gain, writes James Reed.
CBI boss: ‘Not realistic or right’ to decouple from China February 5, 2025 Rain Newton-Smith, head of the UK’s leading business group, will urge the government to ignore the “siren call of protectionism” amid mounting tensions in the global economy. In a speech set to be delivered later today, the chief executive of the Confederation of British Industry (CBI), will call on the government to forge deeper ties [...]
Yes, AI will wipe out some jobs. But this is the story of progress February 5, 2025 AI will inevitably make some jobs redundant, but the benefits to society are far worth it, writes Paul Ormerod.
China strikes back on Trump tariffs as Mexico and Canada get reprieve February 4, 2025 The response came just hours after Trump imposed 10 tariffs on all goods coming from China.
Donald Trump’s tariffs: Here are the three important points February 4, 2025 There's a lot that could be said about tariffs, but there's three points that really matter.
Guinness in focus as Diageo reveals latest trading February 2, 2025 Diageo is set to reveal how Guinness and its major spirit brands performed over the key Christmas period, after ruling out speculation it could sell the Irish stout brand. The London-based, drinks giant is expected to reveal another bumper performance by Guinness, which has been a key strong performer in recent years, becoming the UK’s [...]
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 [...]
Apple reports strong revenue despite iPhone sales decline January 31, 2025 While Apple’s iPhone sales dropped last quarter, the tech giant’s services division more than made up for the decline. The company, which reported results after the market closed on Thursday, said sales grew 3.9 per cent year over year to $124.3bn (£100bn) inline with Wall Street expectations. Net income rose 7.1 per cent to $36.3bn, [...]
Microsoft and Meta defend AI spend post DeepSeek shock January 30, 2025 Tech giants Microsoft and Meta both addressed and defended their substantial investments in artificial intelligence (AI), despite recent headwinds. Both firms kicked off the earnings season on Wednesday, just days after Chinese startup DeepSeek broke the internet, as well as the market, on Monday. Its recent global traction followed the release of its new AI [...]
Stokes and Gakpo part of £4m funding round for AI wealth firm Prosper January 30, 2025 England cricket captain Ben Stokes and Liverpool forward Cody Gakpo are part of a £4m funding round for a wealth management platform leveraging AI. The sportsmen joined Fuel Ventures, who led the round with a £2m investment, in London-based FinTech Prosper. Olympians Dame Jessica Ennis-Hill, Dame Sarah Storey and Tim Podcock, and footballers Ben White [...]