If you’ve ever spent your morning commute daydreaming about starting afresh with your career, this feature is for you. Each Monday, we speak to someone from a different profession to discover what it’s really like. Today we speak to private ambulance worker-turned-ice cream man James Shemmeld… Figuring out a typical …
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Thames Water is again facing down the prospect of being placed in temporary public ownership after the government raised objections to a proposed £10bn rescue by its lenders. It was confirmed overnight that the environment secretary Emma Reynolds had outlined a number of concerns to the industry regulator Ofwat ahead …
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“Even if the situation remains unclear, should it be judged that upside risks to prices outweigh downside risks to economic activity, it will be necessary to thoroughly discuss the pros and cons of raising the policy interest rate,” Ueda earlier this month. BBC News
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One company planning to extract helium-3 from the moon is Interlune, based in Seattle. “We’ve spent the last four years developing, prototyping and testing technologies… We have a team of 30 people, and growing,” says Rob Meyerson, co-founder and chief executive. Meyerson was president of Blue Origin, Jeff Bezos’ rocket …
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In SpaceX’s case, appetite was exceptionally high. The underwriters, which included Goldman Sachs, Bank of America, and JPMorgan, exercised the option in full, purchasing an additional 83.3 million shares directly from the company to meet the huge demand. BBC News
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The sudden meeting was called after Anthropic had to block users from just-released AI models. BBC News
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Available for over a year Off the coast of Sierra Leone, Sherbro Island has been earmarked for an ambitious transformation: a new centre for international business and investment, designed to rival cities like Singapore or Hong Kong. The BBC’s Ed Butler travels to the island to investigate the project and …
Read More »Available for over a year Off the coast of Sierra Leone, Sherbro Island has been earmarked for an ambitious transformation: a new centre for international business and investment, designed to rival cities like Singapore or Hong Kong. The BBC’s Ed Butler travels to the island to investigate the project and …
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The move is seen as a bet that combining streaming with its news and sport offering will leave Fox in a strong position as TV audiences move online. BBC News
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Fox has agreed a takeover of Roku in a deal worth $22bn (£16.4bn). It was announced before financial markets opened in the US that Fox, now run by Lachlan Murdoch following the retirement of his father Rupert in 2023, was to pay $160 per share in a cash and stock …
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Experts warn the impact of the war will continue to affect the global economy for months to come. BBC News
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There is cautious optimism on financial markets that a US-Iran peace deal will ease the hit to the global economy caused by their war. Confirmation late on Sunday that an agreement had been reached to end the conflict of three-and-a-half months saw Brent crude oil prices tumble at the start …
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The founder says rising childcare costs mean many of those they help are in work but struggling. BBC News
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It is important to remember that the last rites for the convertible have been read before. In the 1970s and 1980s, for example, sales plummeted as stricter safety restrictions made them more expensive to build, while consumer tastes moved towards high-performance hatchbacks. The increasing prevalence of air conditioning, meanwhile, took …
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“The impact goes beyond financial loss; it can cause huge emotional harm, leaving victims burdened by guilt and shame, which is why we must tackle the problem at its source to protect consumers,” said Paul Davis, head of economic crime at Barclays. Experts believe the majority of scams are unreported, …
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How did the light-emitting diode change the world? And, come to mention it, might it perversely actually prompt us to puff more carbon dioxide into the atmosphere? What do bananas tell you about the nature of capitalism? In what way is an AirPod, or any other earbud you can stick …
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Under the agreement, the key Strait of Hormuz waterway will be reopened, US President Donald Trump said. BBC News
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Stockwell made the decision to sell to his employees after seeing what happened to other firms that had been bought out. “The new [outside] ownership might move the business, they might shut it down, or drastically change it in other ways, and the people remaining are stuck,” he says. BBC …
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The £300k fund will expand support for residents struggling with financial pressures in Devon. BBC News
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Peter Neville stands down as head of the charity supporting people ineligible for mainstream banking. BBC News
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