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Rachel Reeves warns of harder choices to come as she hints at tax rises
Posted onBecky MortonPolitical reporter Reeves: I will take no risk on public finances Rachel Reeves has said the government is facing difficult choices, as she promised she would not take risks with the public finances. In her speech at Labour’s annual party conference in Liverpool, the chancellor pledged to keep “taxes, inflation and interest rates as…
Nvidia and Microsoft bosses hail huge UK AI investment
Posted onZoe KleinmanTechnology editor and Faisal IslamEconomics editor Watch: UK is not giving up its digital sovereignty, Microsoft boss tells BBC Major US tech firms have pledged tens of billions of pounds worth of investment in the UK, with Nvidia Jensen Huang, predicting the country will become an “AI superpower”. The biggest single investment comes from…
Cryptoqueen who fled China for London mansion to be sentenced over £5bn Bitcoin stash
Posted onTony HanGlobal China Unit Metropolitan Police Qian Zhemin enjoyed a lavish lifestyle of travel and shopping before UK police discovered her stash of crypto A woman, said by police to have bought cryptocurrency now worth billions of pounds using funds stolen from thousands of Chinese pensioners, is due to be sentenced this week for money…
UK snack brand Graze to be sold to Jamie Laings Candy Kittens
Posted onOsmond ChiaBusiness reporter Getty Images Candy Kittens co-founders Jamie Laing and Edward Williams British TV personality Jamie Laing’s vegan sweets brand Candy Kittens is set to acquire snack company Graze in a deal between the former’s parent company and packaged goods giant Unilever. The upcoming deal with German firm Katjes International, Candy Kittens’ parent company,…
Don’t force drivers to use parking apps, RAC says
Posted onDrivers should not be forced to use mobile apps to pay for parking, the RAC has said, after three-quarters of drivers it surveyed said they had issues with them. The most common problem was poor phone signal in the car park, followed by the app not recognising the car park the driver was in. The…
