Farmers warn of ‘breaking point’ at Westminster tractor rally February 10, 2025 Protesting farmers at a tractor rally in Westminster have warned “we are at breaking point” as they called on the government to scrap planned changes to inheritance tax on farms. Protesters staged another tractor protest outside Parliament and Downing Street on Monday, organised by Save British Farming, as they continued to campaign against Labour’s plans [...]
Steel tariffs: UK ‘ready for all situations’, No10 says on Trump threats February 10, 2025 The UK is “ready for all situations” and ministers will “engage as appropriate”, No10 has said, in the wake of Donald Trump’s threat to impose tariffs on steel and aluminium imports into the US It follows a government minister saying Britain will have to “wait and see” if Donald Trump “gets more specific” about his [...]
Filtronic shares soar as defence firm pens fresh deal with Elon Musk’s SpaceX February 10, 2025 British defence and telecoms firm Filtronic has penned a further multi-million-pound deal with SpaceX, the aerospace behemoth owned by Elon Musk. The company won a contract with SpaceX, worth almost £17m for the financial years 2025 and 2026, according to the firm, which made the announcement to markets this morning. Filtronic, which designs and makes products [...]
Call for UK regions to bid to become AI Growth Zones February 10, 2025 Regions across the UK have been encouraged to put themselves forward to become new economic centres for AI development, as the Government opened bidding for new AI Growth Zones. Growth Zones were announced as part of the Government’s AI Action Plan last month, designed to be new centres of development for AI technology and infrastructure. [...]
Amazon, Microsoft, Alphabet and Meta: Is big tech overspending on AI? February 7, 2025 Tech titans have projected pouring billions of dollars into artificial intelligence (AI) in 2025, yet Wall Street impatiently awaits returns on their investments. Amazon is leading the charge, having recently committed over $100bn to AI infrastructure this year, surpassing Microsoft, Alphabet and Meta. The four tech behemoths reported a combined $246bn investment in AI in [...]
City split following Bank of England’s interest rate decision February 7, 2025 Analysts are divided about how far and how fast the Bank of England is likely to cut interest rates in the remainder of this year following yesterday’s decision. Rate-setters backed a third 25 basis point rate reduction, which brought the Bank Rate down to an 18-month low of 4.5 per cent. Every member of the [...]
Cost-cutting pays dividends at TSB as bank reports record year February 7, 2025 TSB's pretax profit increased to £290.4m, 22 per cent higher than the year before and a record since the bank returned to the high street in 2013.
Amazon shares plunge after tech giant misses earnings February 7, 2025 Amazon missed expectations for its cloud computing arm, raising concerns about the tech leader’s investment in artificial intelligence (AI). On Thursday, the tech behemoth told the market that its cloud division, Amazon Web Services, reported a fourth-quarter revenue of $28.7bn (£23.1bn), slightly below Wall Street forecasts of $28.84bn. The miss disappointed investors, who were already [...]
Phone thefts: How are the Met Police tackling the crisis in London? February 6, 2025 If you live or travel in London, it’s fairly likely that you, or someone you live, work or socialise with, will – at some point or other – have had their phone stolen. Whether it’s slipped out of your pocket, or snatched from your hand, the experience has become commonplace – but remains stressful, frustrating, [...]
The most romantic restaurants in the City February 6, 2025 I’ve never met the intrepid Mr Gordon Ramsay, yet our lives have been semi-entwined for over two decades. During his initial peak in the noughties, as I began my own career, I recall my first experience dining in his The Londoner restaurant in NYC, where a maitre d’ complete with Dick Van Dyke accent greeted [...]