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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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  • Net zero and back to the office: How the City of London aims to remain a ‘world-class’ destination

    March 25, 2024

    Making the Square Mile net zero by 2040 and “enticing workers back to the office” are key targets for the City of London to hold on to its crown as a “world class” financial centre.

  • How work from home could be denting London’s GDP

    March 25, 2024

    The new work-from-home era has inflated London’s GDP by over £8bn, as outdated measures of regional growth have warped official calculations. When adjusting for where people actually work from, rather than where their jobs are based on paper, the size of London’s economy falls by 1.4 per cent, data from Cebr has revealed. This pushes [...]

  • ‘We have not swallowed a dumb pill’: Toto Wolff rules out quitting Mercedes

    March 24, 2024

    Both Mercedes drivers failed to finish the Australian Grand Prix.

  • Met Police ‘Rich List’: Force spent £35m paying top cops on over £100,000

    March 24, 2024

    The Metropolitan Police spent £35m last year paying top cops salaries of above £100,000, accounts reveal.

  • It’s not just the BT Tower: London’s property developers look to turn offices into hotels 

    March 23, 2024

    Over a quarter of office sales made in the year to March have been from buyers who wish to turn the buildings into hotels, offering a lifeline for London’s downtrodden commercial property market.

  • Robot Dream is a must-watch Oscar nominated animation movie

    March 21, 2024

    Hand drawn animation has had a renaissance of late, with the success of the recent Teenage Mutant Ninja Turtles cartoon and Oscar winner The Boy and The Heron. Robot Dreams, which was nominated in the same category as the Studio Ghibli hit, continues that trend with an absolute classic of the genre. Adapted from a [...]

  • Direct Line brings back dividend but warns there’s still work to be done

    March 21, 2024

    Insurer Direct Line has posted an annual operating loss of £189.5m as it battles claims inflation, while looking to achieve £100m in annualised cost savings by the end of 2025.

  • Jimmy McLoughlin’s notebook: What Rishi (might) do next

    March 21, 2024

    Jimmy McLoughlin is the man behind Jimmy's Jobs of the Future, a podcast looking at the future of work. He writes for City A.M.'s notebook, a place where interesting people say interesting things

  • Gatwick: Britain’s second-busiest airport boosted by new airlines and station revamp

    March 21, 2024

    The international hub near Crawley, West Sussex, said it had returned to traffic levels of 94 per cent of what it was in 2019 - in July and October.

  • “Fundamentally unfair”: The BBC Licence Fee prosecutions hitting the vulnerable hardest

    March 21, 2024

    Cases of vulnerable individuals being prosecuted for not paying their TV licence has led to calls for a fast-track justice procedure to be scrapped.

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