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Indigo: Former British Airways boss Willie Walsh named CEO of Indian carrier
Posted onIndiGo controls about two-thirds of the country’s domestic aviation market, so the inconvenience caused by the disruptions was huge. Thousands of people missed important life events, including funerals and their own weddings, and were left scrambling to make alternate arrangements.
Rising US prices could widen divide between haves and have-nots
Posted onDanielle KayeBusiness reporter Danielle Kaye/BBC Yanique Clarke says “prices are really drastically high” for meat, vegetables and fruit There’s a divide in the US economy between the haves and the have-nots. And accelerating inflation, driven in part by tariffs, could make it worse. Government data points to the early stages of businesses passing on the…
Government borrowing falls by more than a third in December
Posted onUK government borrowing was significantly lower last month, due to an increase in tax income outweighing spending, official figures show. In December government borrowing – the difference between public spending and tax income – was £11.6bn, the Office for National Statistics (ONS) said. It is down £7.1bn – 38% – from the previous December, and…
No 10 welcomes reports X is addressing Grok deepfakes
Posted onThe Prime Minister Sir Keir Starmer has told MPs he welcomes reports that X is taking over sexualised deepfakes produced by its AI tool, Grok. Sir Keir told MPs he had been informed X was “acting to ensure full compliance with UK law” – but his spokesman later clarified he did not have any new…
Asahi ransomware attack: Personal data potentially stolen
Posted onPersonal data may have been stolen in the ransomware attack that forced Asahi to halt beer production, the company has said. Japan’s biggest brewer was forced to halt production at the majority of its 30 factories in the country, after a cyber-attack late last month disrupted everything from beer shipments to its accounting system. All…
PwC says young recruits are hungry for careers and plans to hire more graduates
Posted onThe government had hit business too hard when it raised employers’ National Insurance contributions in autumn 2024, followed by bigger than expected rises to minimum wage rates, and new employment rights, which had deterred businesses from hiring, investing and growing, he said.
