UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this year
Read more at Financial Times
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PM plans to 'unleash AI' across UK to boost growth
Leading tech firms are said to have committed £14bn towards the project, which could create more than 13,000 jobs.BBC News - 22m -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - 2d -
Pound falls to lowest in over a year after UK borrowing costs rise
Economists have warned the rise could mean further tax hikes or spending cuts by the government.BBC News - 3d -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - 3d -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - 3d -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - 4d -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - 5d -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - 6d -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5
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Starmer aims to refocus attention on growth after hit from markets
UK PM pledges to be ‘best state partner’ for AI companies as he faces ominous economic and political backdropFinancial Times - 50m -
UK pledges huge increase in computing capacity to build AI industry
Labour to expand sovereign computing power in response to report by British venture capitalistFinancial Times - 10h -
Class of 2025? The IPO hopefuls that could revive London
After disappointment in 2024, financial services, industrials and consumer names could debut this yearFinancial Times - 3h -
The cravenness of Mark Zuckerberg
Changes to the fact-checking regime at Meta make it look like he’s caving in to TrumpFinancial Times - 3h -
California fires could be costliest disaster in US history, says governor
Gavin Newsom accuses Trump of spreading disinformation after president-elect calls emergency response ‘incompetent’Financial Times - 4h
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Scientists Just Discovered This Specific Diet Improves Your Memory and Slows Brain Aging
You probably already knew the Mediterranean diet is good for your body. Recent studies suggest it’s great for your brain too.Inc. - 41m -
Starmer aims to refocus attention on growth after hit from markets
UK PM pledges to be ‘best state partner’ for AI companies as he faces ominous economic and political backdropFinancial Times - 50m -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - 1h -
China's imports post surprise growth in December; exports beat expectations as higher tariffs loom
Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.CNBC - 2h -
JPMorgan to Require Return to 5 Days in Office
Financial institutions have been rigorous in their attempts to force return-to-office policies.Inc. - 3h