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Busiest Christmas Eve for air travel, says aviation body
Faarea Masud & Simon BrowningBBC News Getty Images The number of passengers passing through UK airports will be the most ever seen on any Christmas Eve since records began in 1972, the Civil Aviation Authority (CAA) said. It projects over 335,000 people will be flying in the UK on Wednesday, which is up 5% from…
Government to water down business rate rise for pubs
The government is poised to announce a climbdown on forthcoming increases to the business rates bill faced by pubs. In the coming days the government is expected to say it will make changes to how pubs’ business rates are calculated, resulting in smaller rises to bills. Treasury officials say they have recognised the financial difficulties…
Covid fraud and error cost taxpayers £10.9bn, report will say
Josh MartinBusiness reporter Getty Images The report will look at Covid-era programmes like Eat Out to Help Out, which subsidised hospitality bills Covid-19 support programmes cost taxpayers nearly £11bn through fraud and error, a report will say. The Covid Counter Fraud Commissioner Tom Hayhoe will say fraudsters exploited a “golden opportunity” when he shares his…
US approves sale of Nvidias advanced H200 chips to China
Osmond ChiaBusiness reporter Getty Images Nvidia CEO Jensen Huang The US government has given chip giant Nvidia the green light to sell its advanced artificial intelligence (AI) processors in China, the Department of Commerce said on Tuesday. The H200, Nvidia’s second-most-advanced semiconductor, had been restricted by Washington over concerns that it would give China’s technology…
