The UK government has successfully recouped £74 million from private firms, these companies having been found to make excessive profits under asylum accommodation contracts. This amount, however, represents just a small percentage of the annual expenditure on such contracts, which totals approximately…
The United Kingdom is grappling with an escalating ‘economic inactivity crisis’ as increasing numbers of workers are sidelined due to health issues, a recent government-commissioned study reveals. The analysis, led by Sir Charlie Mayfield, former chairman of John Lewis, highlights a significant…
In a significant advancement for artificial intelligence infrastructure, OpenAI has entered into a $38 billion agreement with Amazon Web Services (AWS) to acquire the extensive computing resources necessary to develop and implement its next-generation AI technologies. This deal, one of the largest…
Over 100 influential figures from the business and charity sectors have united in a call to British ministers, urging the adoption…
In a move aimed at stimulating investment and fostering economic growth, Chancellor Rachel Reeves is reportedly…
Recent data from HM Revenue & Customs reveals a significant increase in the number of UK…
BT Group, the UK’s leading telecommunications provider, is reportedly considering the launch of a new low-cost…
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On Tuesday, global stock markets reached unprecedented levels, buoyed by investor anticipation of rate cuts and renewed optimism for global economic growth. Notably, Apple Inc. attained a market capitalisation of $4 trillion,…
Amazon has announced it will eliminate approximately 14,000 corporate roles, approximately 4% of its corporate workforce, as part of a significant restructuring effort. This move aims to enhance operational efficiency and integrate…
Tech & gadgets
Apple Inc. has faced a significant setback in a UK competition case. The Competition Appeal Tribunal (CAT) declared that the corporation…
JPMorgan Chase, the world’s largest bank by assets, has greenlit the use of its proprietary artificial intelligence (AI) system to assist…
The protracted dispute over the ownership and data security of TikTok’s US operations has reached a resolution. The United States and…
The UK Government has announced a significant investment of more than £14 million to expedite the commercial deployment of quantum technologies in sectors such as healthcare, defence, transport, and energy. This strategic…
