Starmer declines to confirm Reeves will be Chancellor at next election January 13, 2025 Sir Keir Starmer has declined to confirm that Rachel Reeves will be Chancellor at the next general election. The Prime Minister was asked about Reeves’ role following a speech in London on artificial intelligence (AI) and insisted he was “completely confident” in her. However, he declined to guarantee she would still be in post at [...]
Starmer positions the UK as a trailblazer in AI innovation January 13, 2025 Keir Starmer has thrown the weight of Whitehall behind AI in a bid to boost growth and position the UK as a world leader in the sector. On Monday morning, Keir Starmer revealed the UK’s ‘AI Opportunities Action Plan’, a transformative strategy to establish the UK as a global leader in AI. He said: “The [...]
Brit Fearnley stuns Kyrgios at Australian Open to bank £100,000 prize money January 13, 2025 British tennis prospect Jacob Fearnley achieved the biggest prize money payout of his burgeoning career by beating Nick Kyrgios in the first round of the Australian Open on Monday. Fearnley, 23, only turned professional last year after impressing on the US college circuit and quickly broke into the men’s top 100 after winning four titles [...]
We need a government that gets business, not businessmen running government January 13, 2025 The idea that business leaders can transform the way government works didn’t start with Elon musk, but success in politics demands different skills to entrepreneurship, says Eliot Wilson Business feels let down by the current government. Before the general election, Sir Keir Starmer and his shadow chancellor, Rachel Reeves, staged an updated performance of the [...]
Short-term vs. Long-term Crypto Investment Strategies [2024] January 13, 2025 If you are an existing or aspiring crypto investor, then the most important question you will have to ask yourself is whether to pursue short-term or long-term crypto investment strategies. This is because both investing approaches have significantly different outlooks on what is the “best” way to invest in crypto, and also have different risk [...]
CBI chair Rupert Soames: Reeves has created a ‘hole in the trust of business’ January 13, 2025 Rachel Reeves has created a “hole in the confidence and trust of business” by using the private sector to fill a £22bn hole in the government’s finances, the chair of the UK’s top business body has said. Rupert Soames, chair of the Confederation of British Industry, said the Chancellor had “bruised” British companies after rolling [...]
London will lead the way as leaders address global challenges at Davos January 13, 2025 For London, the world’s financial capital, Davos offers a vital platform to champion the UK’s role as a global leader in green finance, AI regulation and emerging technologies, says Lord Mayor Alastair King As world leaders descend to Davos this month, the World Economic Forum provides a rare chance to reshape the global agenda amid [...]
Tax hikes on the cards as Rachel Reeves tries to save her fiscal rules January 13, 2025 “Public services now need to live within their means,” Rachel Reeves told a room full of business leaders at the CBI’s annual summit in November, “because I’m really clear, I’m not coming back with more borrowing or more taxes.” The Chancellor’s comments were designed to strike a reassuring tone to the private sector and settle [...]
UK CFOs set to cut hiring and slash investment following Budget January 13, 2025 Finance chiefs at UK businesses are focused on cutting costs in the wake of the Budget, with investment and hiring set to suffer as a result. Over half (52 per cent) of CFOs surveyed by Deloitte said cost reduction was a strong priority for their business in the wake of the Chancellor’s tax raid. The [...]
Does a toothbrush need AI? CES 2025 showcases risks of aimless innovation January 13, 2025 CES 2025 was, unsurprisingly, all about AI. But gimmicks like AI toothbrushes risk reducing AI to a marketing buzzword.