Since ChatGPT was launched to the public in 2022, Apple has said little publicly about generative artificial intelligence (AI). That was until Monday, when its chief executive announced a series of AI products, including a deal with the makers of the chatbot and its own personalised AI system called “Apple …
Read More »Tata Steel rejects Labour plea over Port Talbot green transition | Business News
Tata Steel says it will press ahead with plans to return to profitability at its Port Talbot steelworks, no matter who forms the next government. The India-based firm was responding to media reports that Labour was hoping to coax a U-turn at the UK’s biggest steelworks, should it win the …
Read More »UK unemployment rate highest for more than two years
The unemployment rate has risen to its highest level for two and a half years, official figures show. The rate climbed to 4.4% in February to April this year, up from the previous figure of 4.3% and the highest since September 2021. The Office for National Statistics (ONS) also said …
Read More »‘Quite often there is a stigma attached to going to work’: Inside Britain’s labour market crisis | UK News
Michael is fair haired and frail, with a face that tells a story. Until seven years ago his life was perhaps as he imagined it. He was married and working for a fancy food shop in his home town in North Yorkshire. Then something happened. He is reluctant to share …
Read More »BMW China parts probe expanded by US Senate panel
The head of the US Senate Finance Committee has expanded an investigation into BMW after the car maker was found to have imported vehicles into America that contained banned Chinese parts. In a letter to BMW North America, Senator Ron Wyden, asked the firm for more details about its supply …
Read More »The EU is expected to hit Chinese electric cars with tariffs
Small wonder then, that executives at European carmakers have been distinctly lukewarm about the EU’s initiative. Earlier this year, Volkswagen Group’s chief executive Oliver Blume warned that the introduction of tariffs was “potentially dangerous”, because of the risk of retaliation. Last month BMW boss Oliver Zipse told investors “you could …
Read More »Barclays strikes £75m deal to renew long-standing Premier League link | Business News
Barclays is on the brink of renewing its long-standing link to the Premier League with a £75m deal which easily eclipses the value of its existing tie-up. Sky News has learnt that the British high street bank’s proposed four-year agreement with English football’s top flight was presented to its 20 …
Read More »How outburst from head of German stock exchange Theodor Weimer set business community ablaze | Business News
There has been much soul-searching and agonising during recent years over the valuation of the UK stock market – intertwined with a debate over London’s ability to attract world-class businesses to list here. Even though the FTSE-100 has hit several record highs so far in 2024, the UK’s premier stock …
Read More »Shipping costs at 18-month high – threatening to impact UK inflation rate | Business News
The price of shipping has reached an 18-month high – threatening to impact the falling inflation rate. It is now more expensive to ship a typical container on a key shipping route than when Houthi militants first started attacking boats in the Red Sea late last year to prevent ships …
Read More »Couple caught in deposit trap want election to unlock home-owning dream
Many voters have told the BBC that housing is a big issue for them in the general election. Source link
Read More »Why Liberal Democrats’ manifesto is far less ambitious than the previous one | Politics News
First things first, if you’re wondering whether the sums in the Liberal Democrat manifesto add up and – to adopt the phrase that leader Sir Ed Davey used rather a lot today – are “fully costed”, the answer is: well, yes, sort of. If you have full faith in all …
Read More »Labour drops plan to reintroduce cap on tax-free pension savings
According to the most recent government data from tax returns, there were 11,660 lifetime allowance charges for 2021-22, a figure that has consistently increased over the last decade. The Office for Budget Responsibility calculated in 2023 that scrapping the charge would amount to a tax cut of about £800m a …
Read More »BP tightens rules on staff relationships after boss sacking
On Monday, the company said that it had updated its conflict of interest policy after looking at comparable organisations and good industry practice. Previously, employees were only required to disclose and record family or intimate relationships at work if they felt there could be a conflict of interest. The new …
Read More »South West Water boss drops bonus for second year in a row
Pennon said in a statement: “We understand the strength of feeling from our customers and the public around the issues facing the water sector.” In May, about 17,000 customers in Brixham were advised to boil their water after an outbreak of a parasite which causes vomiting and diarrhoea. About 2,500 …
Read More »PrettyLittleThing faces backlash after scrapping free returns
PLT is part of the Boohoo Group, which was founded by Mahmud Kamani and retail executive Carol Kane in 2006. The brand started out as an accessories-only outfit, with a focus on on-trend, low-cost pieces. It was co-founded and headed up by Umar Kamani, one of Mahmud Kamani’s sons, who …
Read More »Pro-Palestine activists target UK Barclays branches | Business News
Pro-Palestinian activists say they have attacked 20 Barclays bank branches across England and Scotland as part of a campaign aimed at damaging Israel’s war machine. The Palestine Action group, which has previously focused its campaign on Israel-based defence contractor Elbit’s UK operations, said its members were responsible for the vandalism. …
Read More »South West Water boss donates bonus to customer scheme | Business News
The head of under pressure South West Water’s parent firm has foregone her annual bonus and donated a long-term award to a scheme in support of struggling customers, saying “it’s the right thing to do”. Pennon chief executive Susan Davy told investors she took the decision because executive remuneration remained …
Read More »Scammers use fake social media accounts to impersonate airlines
Holidaymakers are being warned about a rise in scams where fake social media accounts are used to impersonate airlines. Bogus accounts exist for every major UK airline on X, formerly known as Twitter, and are regularly used to trick customers into giving away their personal data, according to the consumer …
Read More »Have Milei's first six months improved the Argentine economy?
Javier Milei has been Argentina’s president for half a year – how has it gone? Source link
Read More »Motors.co.uk lines up deal to buy stricken car marketplace Cazoo | Business News
Administrators to Cazoo, the British online car retailer once valued at well over £5bn, are closing in on a deal to offload its marketplace division. Sky News has learnt that Motors.co.uk, a privately owned used-car platform, is now the frontrunner to buy Cazoo’s brand and marketplace business. Industry sources said …
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