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Staff fear UK’s Turing AI Institute at risk of collapse
Posted onZoe Kleinman Technology editor Joshua Nevett Political reporter EPA Staff at the UK’s national institute for artificial intelligence (AI) have warned the charity is at risk of collapse, after Technology Secretary Peter Kyle threatened to withdraw its funding. Workers at the Alan Turing Institute raised a series of “serious and escalating concerns” in a whistleblowing…
US stock market ends 2025 on a high note after volatile year
Posted onDanielle KayeBusiness reporter Michael Nagle/Bloomberg via Getty Images It’s been a roller-coaster year for financial markets – but US stock investors are heading into 2026 on a high note. US President Donald Trump’s global trade tariffs sent shockwaves through markets in the spring. But by summer, the US saw record highs fuelled by strong company…
FedEx sues for full Trump tariff refund
Posted onIn recent weeks, prior to the decision release on Friday, hundreds of firms, including cosmetics company Revlon, aluminium giant Alcoa and food importers like tuna fish brand Bumble Bee, filed lawsuits contesting the tariffs, in a bid to get in line for a refund.
Aldi warns food prices may rise if Budget lifts costs
Posted onEmma SimpsonBusiness correspondent Aldi The boss of Aldi has warned that any measures in the Budget that further increase costs on employers could lead to higher food prices. Aldi UK chief executive Giles Hurley, said the impact of last year’s National Insurance rise and the cost of new packaging rules had already “rippled through to…
