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      Bailey warns AI may not ‘live up’ to market hype

      Andrew Bailey, Governor of the Bank of England, in a suit and tie, looking thoughtful during a press conference.

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      After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom

      Nvidia CEO Jensen Huang, a man with gray hair and glasses, wearing a black leather jacket, looking upwards.

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  • TRG: Wagamama owner on hunt for new chair after months of shareholder haggling

    September 8, 2023

    The Restaurant Group (TRG) are hunting for a new chairman after current one Ken Hanna has told the company he will not be standing for re-election at the next AGM in 2024. Shares rose five per cent on Friday morning after Hanna, who has been at TRG since the start of 2022, said he is [...]

  • Offshore wind auction expected to be major letdown for government’s green agenda

    September 7, 2023

    The latest auction round for offshore wind is expected to be disappointing for the energy sector, with close to zero bids.

  • Tourist tax means UK is missing out on £1bn ‘Brexit boost’, MPs warn

    September 7, 2023

    Britain is missing out on a £1bn pound “Brexit boost” for as long as it fails to reinstate VAT-free shopping for international tourists, MPs have warned.

  • Does the Bitcoin halving really matter?

    September 7, 2023

    Temple Melville of Scotcoin shares his thoughts on the upcoming Bitcoin halving, and wonders if we're looking at the right catalysts.

  • Inflation: Firms expect to hike prices at slowest rate since November 2021

    September 7, 2023

    Firms are expecting price and wage growth to ease over the coming months, giving rate-setters a boost in their fight against inflation.

  • Direct Line shares soar despite losses after £520m commercial insurance sale

    September 7, 2023

    Direct Line continued to feel the pain of cost inflation, with new boss Adam Winslow faced with a miserable balance sheet

  • UK risks losing £100bn of energy projects unless it cuts high taxes and red tape

    September 7, 2023

    The UK risks missing out on as much as £100bn of investment in domestic offshore energy projects, an industry body has warned.

  • Let’s be honest, Keir Starmer’s Labour party don’t know how to fix Broken Britain either 

    September 7, 2023

    As the Conservatives are hit with another scandal, this time over crumbling concrete in schools, Sir Keir Starmer is yet to come up with an original plan other than his vacuous 'missions', writes Matthew Lesh.

  • Interest rates nearing peak as inflation set for ‘quite marked’ fall this year, Bailey says

    September 6, 2023

    The Bank of England is nearing the end of its monetary tightening cycle, the Bank's governor suggested today, adding that there will be a "quite marked" fall in inflation by the end of the year.

  • TRG: Profits soar as Wagamama owner defies drab outlook for casual dining market

    September 6, 2023

    TRG, which owns a slew of casual dining chains and pubs, its most popular being Japanese inspired eatery Wagamama, reported a 10 per cent rise in total revenue during the term to £467.4m. 

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