Building the future of finance in the age of AI
Like many of you, I’m reading a lot – how the race for faster AI chips is driving investment in data centres, creating both growth and risk across equity and debt markets.
FCA & Rules
More than half of UK first-time buyers paying more for mortgage than they did for rent
A majority of first-time UK buyers now pay more towards their monthly mortgage bills than they used to pay in rent, the estate agent Hamptons has found.
UK government promises disabled air passengers better safeguards
Disabled passengers will have better safeguards when flying, the government has pledged, including protection from damaged wheelchairs and support from trained staff.
Frank Elderson: From climate and nature risks to economic resilience and competitiveness
We are living in a time of profound economic, geopolitical and technological uncertainty. Yet amid all this uncertainty, one thing is clear: climate change and nature degradation will continue to shap…
Revealed: African island fights offshore gambling network linked to UK family
London-based property investors deny selling licences to casinos claiming to be based on Anjouan, a tiny Indian Ocean island
Electricity costs put UK steelmakers in worst position in three years against EU rivals
British steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli war on Iran caused a surge in global gas prices.
Andy Burnham launches campaign against ‘headphone dodgers’ on public transport
Andy Burnham has announced a crackdown on “headphone dodgers” who play loud music on public transport, as he extends his promise to give voters “breathing space” in the confines of a train carriage.
Home sellers cut asking prices on 3,000 properties a day
Home sellers cut asking prices on more than 3,000 properties a day on average in Britain during September, according to figures from Rightmove shared exclusively with the BBC.
Cut benefits to fund work support for young people, says Neet review author Alan Milburn
Exclusive: Former health secretary says upfront investment in support is needed ‘if we are going to end the Neet crisis’
US workers facing deadly heat borrow from tomato pickers to win key protections
As efforts to protect people from extreme heat stall, organizers are embracing an approach that targets major brands’ reputations
What are self-replicating ‘AI worms’, and why is Anthropic worried about them?
The tech company says successful AI worms need more capability on less powerful devices, but current trends make that feasible by the end of the year
Manchester City owner’s £55m housing loan while Burnham was mayor investigated
A £55m loan to Manchester City’s Abu Dhabi owner will be investigated as part of a review into a fund for housing projects while Andy Burnham was mayor.
World leaders must wise up to threat of cyber-attacks or rogue fridges will be least of their worries | Heather Stewart
Rogue French fridges were an unlikely talking point for the world’s leading economists, central bankers and finance chiefs meeting in a sultry Bangkok last week – helping to underline the spiralling c…
Microsoft pulls out of AI datacentre project in Essex over power supply concerns
The development of a huge AI datacentre hailed by the UK government has received a fresh setback after Microsoft pulled out of the project over concerns about power supplies.
World Bank says ‘small AI’ could transform developing countries
Bank’s chief knowledge officer says the tech could speed up economic development from centuries to decades
Condé Nast’s UK profits drop by more than a third as sale of Vogue publisher ruled out
Profits at Condé Nast’s UK arm slumped by more than a third last year, according to figures published shortly after the billionaire family that owns the luxury magazine group and titles from Vogue to …
Heat pumps and insulation would cut UK living costs more than new oilfields, study suggests
Warm homes plan would create 50,000 jobs, compared with about 1,100 for Rosebank oilfield, thinktank finds
Hedgehogs worthy banknote winners, rescuers say
Hedgehogs are worthy winners after topping a public vote on which mammals should feature on future Bank of England notes, Sussex wildlife rescuers have said.
£3,500 and no work done: the offer to help that’s really a roofing scam
The builder who calls at your door says they are doing some work in the area and has spotted a loose tile on your roof. They offer to fix it for a good price that you agree to.
'I'm not sure how King Charles would feel about being replaced by Tom Jones on our money'
"I'm not going to rule anything in or out other than the picture of Tom Jones, which won't be on there, I'm afraid."
Elon Musk agrees to settle lawsuits over 2024 election lottery
Elon Musk and his America Pac political action committee said recently that they agreed to settle two proposed class actions alleging the billionaire entrepreneur defrauded residents in closely co…
‘Countries are defying gravity’: how much longer can global economy resist chaos?
Inside the vast, glass-walled Queen Sirikit conference centre in Bangkok, the air-conditioned atmosphere was calm as policymakers from more than 100 countries gathered this week for the International …
UK-U.S. relations strained as Trump shifts stance on Russia-Ukraine war
Trump 2.0 has unsettled India’s external environment—but has not overturned its foreign policy strategy, which continues to rely on diversification, hedging, and calibrated partnerships across a fract…
Squash down: smaller pumpkins expected this Halloween after drought in England
In the lead-up to Halloween, front porches across the country feature fat, proudly carved pumpkins, lit from within by tea lights.