As inflation hovers over the Bank’s 2% target and as expectations linger that the headline rate will increase later this year, the possibility of the central bank announcing reductions in…
Mr Bailey stated that it was the Bank of England’s responsibility to maintain the inflation rate low and stable. The Bank of England has warned that economic and global uncertainty…
Eurostar is the only company that has transported foot passengers across the Channel during the 30-year tunnel’s operation. Eurostar has dominated the Channel Tunnel route since its launch in 1994,…
China wants to expand its access through state-backed tech companies, and the US wants a hands-off approach. The United States (US) and the United Kingdom (UK) have rejected an Artificial…
The PA agency believed the Barclay’s glitch could be a technical issue rather than a cyber attack. Barclays customers, the second-largest bank in the United Kingdom, face a third-day disruption…
Ensuring AI systems are scalable, reliable, and extensively tested is one of the main challenges that has caused many people to experience frustration and false starts. Ministers have shut down…
Most of the growth in billionaire wealth has increased the share value of the global stock exchange, though increasing property values have also contributed. Research by Oxfam found that the…
On average, one minute spent scrolling through TikTok would cause 2.921 grams of CO2e. A recent analysis of social media platforms’ impact on the environment shows TikTok‘s annual carbon emissions…
UK Ministers plan to implement large-scale layoffs after an increase in civil service jobs to more than 513,000 this year, a 34% increase from 2016. The government plans to cut…
This deal would make Direct Line the largest home and motor insurer in the United Kingdom. British insurer Aviva has agreed to buy its smaller competitor Direct Line in a…