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GSK boss says US is the best country to invest in
Posted onSimon Jack,Business editorand Archie Mitchell Watch: GSK boss Dame Emma Walmsley lays out competitions facing the UK The US is the best place for a business to invest, the boss of one of the UK’s biggest pharmaceutical companies has said. Dame Emma Walmsley, chief executive of vaccines and medicines giant GSK, said it will invest…
Toffee Crisp and Blue Riband cant be called chocolate any more
Posted onToffee Crisp and Blue Riband bars can no longer be called chocolate after maker Nestle changed their recipes. To be described as milk chocolate in the UK a product needs to have at least 20% cocoa solids and 20% milk solids, a level each product fell below once a higher amount of cheaper vegetable fat…
Nvidia to invest $5bn in rival Intel
Posted onNvidia, the leading manufacturer of artificial intelligence chips, said it will buy a $5bn (£4bn) stake in Intel – a lifeline for its struggling rival on the heels of a separate investment from the US government. The deal, announced on Thursday, will involve a partnership between the two American companies to make personal computer and…
HMRC phone lines stay open as self-assessment tax deadline looms
Posted on“Making Tax Digital is the biggest tax change since self assessment and, with just over two months to go, time is running out to get ready,” said Victoria Todd, of the Low Incomes Tax Reform Group, which has produced a guide for those unsure of the changes.
Trump faces extraordinary moment in spat with Fed chair Powell
Posted onFaisal IslamEconomics editor Reuters It is extraordinary enough to see the world’s top central banker make an unscheduled video statement on social media. My first thought upon seeing the post from the Federal Reserve chair Jerome Powell was: “Is this an AI deepfake?” That sense did not go away as I listened to what were…
