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Interest rates expected to be held as Budget looms
Kevin PeacheyCost of living correspondent Getty Images Policymakers at the Bank of England are widely expected to hold interest rates at 4% following their final meeting before the chancellor’s Budget. Some Bank watchers have suggested that the latest inflation data could strengthen the case for a cut, but most commentators think such a move is…
UK economy grew slightly in August ahead of key Budget
Nick Edserbusiness reporter Getty Images The UK economy grew slightly in August, official figures show, as focus intensifies on what measures the government might unveil in next month’s Budget. An increase in manufacturing output helped the economy expand by 0.1%, the Office for National Statistics (ONS) said, but the figure for July was revised down…
Wise under investigation over money laundering control concerns
“The findings primarily concern the use of Wise accounts for criminal purposes, with indications of non-compliance with anti-money laundering legislation, particularly due to a failure to identify customers and their activities,” the spokesperson added.
King gave Nvidia boss copy of his speech warning of AI dangers
Zoe KleinmanTechnology editor BBC Jensen Huang, the head of the world’s most valuable company Nvidia, says King Charles III personally handed him a copy of a speech he delivered in 2023 that included a warning about the dangers of artificial intelligence. “He said, there’s something I want to talk to you about. And he handed…
