UK Government doles out £32m for AI projects – after ditching £1.3bn pledge August 7, 2024 The British government has announced plans to back 98 artificial intelligence (AI) projects across the country with an injection of £32m. The funding, which aims to supercharge ‘high-growth’ industries, will benefit over 200 businesses and research outfits. The projects span a broad range, including improving safety on construction sites to slashing railway repair times and [...]
IFS: Reeves tweaking debt rule won’t change fiscal fundamentals August 7, 2024 The Chancellor has inherited a very difficult fiscal position, with many public services in need of funding boosts while both the tax burden and national debt stand at their highest level for many decades.
Exclusive: Tories spent £10m exploring scrapped Natwest retail offer August 7, 2024 The Conservative government spent around £10m exploring a now-scrapped plan to sell part of its stake in Natwest to retail investors, with the bank footing most of the bill, City A.M. can reveal.
‘This time it’s personal’: Ex-Man Utd boss Richard Arnold vows to take Norton Motorcycles global August 7, 2024 As the former-CEO of Manchester United, Richard Arnold knows a thing or two about high stakes. But with a recent career pivot seeing him take the helm of beloved heritage motorcycle brand Norton – which is currently fighting for survival after being rescued from the brink of collapse four years ago – the biking enthusiast [...]
Are you really better off investing in Manchester property over London? August 7, 2024 It seems a universal truism that Londoners will complain about house prices in the capital, and grumble about not having invested twenty years ago (even when they’re barely mid-twenties themselves). It is true that the housing market is London would have been a brilliant investment in the year 2000: prices have risen by more than [...]
US election 2024: Kamala Harris picks Tim Walz as Democrat running mate August 6, 2024 Kamala Harris is expected to select Minnesota governor Tim Walz as her vice-presidential pick ahead of the November election.
Strikes: Government confirms it will scrap ‘spiteful’ minimum service levels August 6, 2024 The Minimum Services Act was introduced in 2023 in the midst of an unprecedented wave of strikes across the UK.
‘Open for business’: Top US finance chiefs to attend UK investment summit August 6, 2024 The first US CEOs have confirmed they will attend the UK government’s international investment summit this autumn.
IHG: Revenue up at Holiday Inn owner despite China slowdown August 6, 2024 Intercontinental Hotels Group (IHG), which owns the likes of the Holiday Inn chain, saw its revenue rise during the first half of 2024 thanks to a strong performance in Europe, the Middle East and Africa.
Where to watch the Olympics in the City of London August 6, 2024 | City Talk Looking for a place to watch this year’s Summer Olympics and enjoy the sunshine in London? The City of London has you covered, with an exciting fan zone in Paternoster Square. Whether you want to avoid missing Simone Biles making history or the thrill of the athletics; workers, residents, and visitors in the City of [...]