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The one measure that can tell us a lot about the state of the UK economy
Posted onFaisal IslamEconomics editor Reuters Shoppers on Oxford Street during the Boxing Day sales A new year, a new beginning. The latest monthly figures on the economy hardly confirm a change of gear, but nor do they back up the worst doom-mongers claiming decline and recession. It is neither doom nor boom, but a new year…
ChatGPT to carry adverts for some users
Posted onZoe KleinmanTechnology editor Getty Images Adverts will soon appear at the top of the AI tool ChatGPT for some users, the company OpenAI has announced. The trial will initially take place in the US, and will affect some ChatGPT users on the free service and a new subscription tier, called ChatGPT Go. This cheaper option…
Greenland will stay Greenland, former Trump adviser declares
Posted onFaisal Islam,Economics editor, Davosand Oliver Smith,Business reporter, Davos Gary Cohn says he thinks invading a country that is already part of Nato is “a little bit over the edge” Donald Trump will not be able to force Greenland to change ownership, a former top adviser to the US president has told the BBC. IBM’s vice…
Nottingham Michelin-starred chef calls for VAT cut
Posted onEarlier this month, new Prime Minister Andy Burnham announced a 20% cut in business rates for pubs, social clubs and music venues in England, telling them “the cavalry is coming”. Some hospitality firms welcomed the move but others in the industry, such as hotels and restaurants, questioned why the 20% cut to business rates would…
How Europe is vying for rare earth independence from China
Posted onJonathan Josephs Reporting fromLa Rochelle, western France BBC Solvay’s rare earths processing facility in western France is one of only two in Europe For almost 80 years rare earth metals have been pumped out of this industrial plant in La Rochelle on France’s west coast. But as the materials become more and more crucial to…
Minister defends pragmatic U-turn on workers rights
Posted onPaul SeddonPolitical reporter PA Media The education secretary has defended Labour’s U-turn over offering all workers the right to claim unfair dismissal from their first day in a job. Instead, ministers now plan to reduce the qualifying period from the current two years to six months, in line with a deal agreed by some unions…
