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Blame game over Air India crash goes on
Theo LeggettInternational business correspondent Getty Images Nearly five months after a plane crash in India which killed 260 people, the investigation has become mired in controversy – with the country’s Supreme Court the latest to weigh in. Flight 171 was en route to London from Ahmedabad in western India on 12 June. It crashed into…
Three questions AI needs to answer
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If 2024 was the year of experimentation with generative AI, then last year was one of implementation. Hundreds of thousands of businesses, as well as many hundreds of millions of individual users, applied the technology…
Gold price rises after US captures Venezuelas Maduro
Precious metal prices have risen after the US capture of Venezuelan President Nicolás Maduro increased investors’ concerns about geopolitical risks. In Monday morning trade in Asia, gold was about 1.8% higher at around $4,408 (£3,282) an ounce, while silver was up close to 3.5%, as money was moved into so-called “safe-haven” assets. Meanwhile, crude oil…
Business rates changes will cost me £62,000
The owner of a small pub chain in the south east of England has said his costs will rise by £62,000 per year after changes announced in the Budget. Phil Thorley, who runs the Thorley Taverns pub group, said business rates – a tax on commercial properties – will rise for 17 of his 18…
Gatwick Airports drop-off fee rises to £10, UKs highest charge
Getty Images Drop-off charges were introduced at Gatwick in 2021 Gatwick Airport is increasing the price of its drop-off zones by £3, bringing the minimum charge to £10. The fee to allow drivers to stop outside the terminal for 10 minutes is set to increase on 6 January, making the West Sussex airport the most…
