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Energy price cap to change as winter beds in
Kevin PeacheyCost of living correspondent Getty Images Regulator Ofgem will announce the next energy price cap later on Friday, with prices for millions of households expected to fall slightly at the height of winter. Gas and electricity bills remain relatively high, and the sudden drop in temperature has brought the costs to the forefront of…
Royal Mail fined £21m by Ofcom for missing delivery targets
Emer MoreauBusiness reporter Getty Images A quarter of all first-class post was delivered late last year Royal Mail has been fined £21m after almost a quarter of first-class post arrived late, Ofcom has announced. It is the third-largest fine the communications watchdog has ever issued and follows its investigation after Royal Mail missed its targets…
Nvidia expands global AI rollout with bumper South Korea deals
US chip giant Nvidia will supply more than 260,000 of its most advanced artificial intelligence (AI) chips to South Korea’s government, as well as Samsung, LG, and Hyundai. The companies will all deploy the AI chips in factories to make everything from semiconductors and robots to autonomous vehicles and meant that South Korea can “now…
Rail security to be reviewed after train stabbings, says minister
Jennifer MeierhansBusiness reporter PA Media There will be increased visible patrols at mainline stations over the coming days, the Transport Secretary said There will be a review of rail security in the UK following a mass stabbing on a train, Transport Secretary Heidi Alexander has said. A man has been charged with 10 counts of…
