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Jemma CrewBusiness reporter PA Media TGI Fridays has closed 16 of its UK restaurants, putting 456 employees out of work. The American-inspired casual dining chain’s remaining 33 restaurants will continue to operate after the business was sold in a rescue deal. Interpath was appointed as administrator to Liberty Bar and Restaurant group, which managed the…
The Prime Minister Sir Keir Starmer has told MPs he welcomes reports that X is taking over sexualised deepfakes produced by its AI tool, Grok. Sir Keir told MPs he had been informed X was “acting to ensure full compliance with UK law” – but his spokesman later clarified he did not have any new…
China announced record export numbers for 2025, a year when US President Donald Trump’s tariffs and trade policy caused turmoil in the global economy. Beijing on Wednesday reported the world’s largest-ever trade surplus – the value of goods and services sold overseas compared to its imports – at $1.19tn (£890bn). It’s the first time China’s…
Osmond ChiaBusiness reporter Getty Images Nvidia CEO Jensen Huang The US government has given chip giant Nvidia the green light to sell its advanced artificial intelligence (AI) processors in China, the Department of Commerce said on Tuesday. The H200, Nvidia’s second-most-advanced semiconductor, had been restricted by Washington over concerns that it would give China’s technology…
Zoe KleinmanTechnology editor AFP via Getty Images Large numbers of vast data centres continue to be build around the world One day the mighty data centre could be toppled into obsolescence by the humble smartphone, said Perplexity CEO Aravind Srinivas on a recent podcast. Speaking to host Prakhar Gupta, the AI chief argued that people…
Central banks across the world have joined together to declare that they stand in “full solidarity” with the Federal Reserve’s chair after the US launched a criminal investigation into Jerome Powell. The heads of the Bank of England, the European Central Bank and the Bank of Canada are among 11 senior bankers who have signed…
Jemma Crewand Faarea Masud,Business reporters EPA/Shutterstock US President Donald Trump has said countries doing business with Iran will face a 25% tariff on trade they do with America. It comes as Iran cracks down on anti-government protests, with thousands of people feared dead. Trump has used the threat of tariffs before to exert pressure on…
The government is set to announce its intention to build a new rail link between Birmingham and Manchester, the BBC understands. Previous plans for the HS2 high-speed rail line had included a line between the two cities, but that part of the project was scrapped by Rishi Sunak’s government. On Wednesday, the government is expected…
Jasmine Ketibuah-Foleyand Alastair McKee,West of England BBC Anton Hammer said his warm home has meant fewer visits to his GP A charity has been shortlisted for an award after helping vulnerable households keep warm during the winter months. Gloucestershire charity Severn Wye started its Warm Homes Prescription pilot in 2022. Patients with respiratory, coronary, or…
Sophie CridlandSouth of England BBC Kelly needed to use the baby bank when her daughter was a newborn In a warehouse on an industrial estate a group of volunteers are sorting through items donated to a Dorset baby bank. One of those helping out is Kelly Fahy, from Weymouth, who said she wanted to give…
