Artificial intelligence will make my job obsolete, and I’m (almost) at peace with it May 11, 2023 Life as an editorial photographer is almost unsustainable today, and artificial intelligence is not helping. But what happens when we cut corners at all costs in photojournalism? asks Andy Blackmore
Sharon White: Embattled John Lewis chair survives confidence vote – just about May 10, 2023 John Lewis chair Sharon White will remain chief of the business after winning a vote of confidence on her future leadership, but remains under considerable pressure with partners voting against her performance over the last year. White secured one victory at a John Lewis Partnership meeting held on Wednesday, with a majority of partners saying [...]
US inflation falls faster than expected to 4.9 per cent, raising chances of Fed rate hike pause May 10, 2023 US inflation fell faster than expected last month, potentially paving the way for the Federal Reserve to pause its aggressive interest rate hike campaign at its meeting next month, official figures unveiled today unveiled. The rate of price increases in the world’s largest economy slipped to 4.9 per cent in April, down from five per [...]
PMQs sketch: Rishi Sunak, Keir Starmer and the ghosts of prime ministers past May 10, 2023 After a dismal set of local elections, an unusually boisterous Rishi Sunak waved Tony Blair around like a weapon against Keir Starmer at PMQs.
Enough windfall taxes: We need oil and gas to go green May 10, 2023 The UK will need oil and gas for decades to come - despite renewables' progress- making calls for toughened windfall tax dubious.
Credit crunch: Data suggests high street banks reining in small business lending already May 10, 2023 Small and medium-sized enterprises (SMEs) are increasingly concerned about lending conditions as new data shows that high street banks are pulling back from SME lending.
Explainer: Will Michael Gove protect the Victorian outlook of Liverpool Street station? May 9, 2023 What do Stephen Fry – the actor and broadcaster – and Tracey Emin – the artist – have in common? A battle with Levelling Up Secretary Michael Gove, apparently. Both have called on Gove to stop the £1.5bn development project that would change the Victorian face of Liverpool Street station forever. The terminal of the [...]
Mortgages: Are 100 per cent no deposit loans about to make a comeback? May 9, 2023 One of the UK’s largest building societies is considering launching a no deposit, or 100 per cent loan to value mortgage. Mortgages which do not need a downpayment, or deposit, were phased out after the financial crisis. Although 100 per cent or zero deposit mortgages have been available since 2009, lenders will only offer them [...]
Bank of England to hike interest rates for 12th time in a row and forecast falling inflation May 9, 2023 The Bank of England is poised to intensify the strain on households and businesses’ finances by hiking interest rates for the 12th time in a row this Thursday in a bid to bring down inflation, City analysts are betting. Threadneedle Street’s nine-member Monetary Policy Committee (MPC), the group tasked with setting official borrowing costs in [...]
UP THE JUNCTION: Why Clapham’s pubs seem to be recession-proof May 8, 2023 Few London neighbourhoods can stir up conversation like Clapham does. Known for its cringey nightclubs and spawning array of trendy coffee shops, the region has long served as a first home for junior account execs and recruiters arriving in the capital to begin their careers and get a taste of city life. It’s also got [...]