Rishi Sunak: UK shouldn’t ‘rush to regulate’ AI despite dossier of dangers October 26, 2023 Rishi Sunak has said the UK “shouldn’t be in a rush to regulate” the development of artificial intelligence (AI) despite a dossier of potential dangers laid out by the government. The Prime Minister made a speech on the risks and rewards of the new technology at the Royal Society this morning ahead of the UK’s [...]
No10: We can’t rule out AI posing ‘existential threat’ to humanity October 25, 2023 No10 says it is unable to rule out artificial intelligence (AI) posing an “existential threat” to humanity.
Businesses’ payroll bill to soar by £300m as London living wage increases October 23, 2023 Payroll costs in the capital are set to soar by over £300m as the London living wage increases by a tenth. Businesses signed up to the voluntary scheme will see their salary expenditure go up by £304,200,000 after the rate jumps from £11.95 an hour to £13.15 for 130,000 employees. Firms accredited include half the [...]
Rate of pay rises expected to slow over coming year as inflation eases October 18, 2023 The rate of pay rises is expected to slow over the coming year as easing inflation means employees face less pressure to secure higher pay packages.
Wage growth ‘past its peak’ in boost for Bank of England’s attempts to contain inflation October 17, 2023 The rate of pay rises slowed from record levels in a boost for the Bank of England, but remained at elevated levels, official figures show. According to figures from the Office for National Statistics (ONS), average wage growth excluding bonuses was 7.8 per cent between June and August, down slightly from last month and in [...]
‘Uncertain’ economy gives another recruitment firm a balance sheet bruise October 11, 2023 Inflation and uncertainty over the economy has left another recruiter licking its wounds in the third quarter
Labour to strengthen workers’ rights ‘within first 100 days’, Rayner says October 8, 2023 Labour will implement plans to bolster workers’ rights within 100 days of taking office, Angela Rayner said today.
Hunt announces civil service hiring freeze as he aims to shrink the state October 2, 2023 Chancellor Jeremy Hunt today announced a freeze on civil service recruitment and pledged to shrink the size of the state.
Tories are ‘the party of business’, Jeremy Hunt insists ahead of conference speech October 2, 2023 The Conservatives are “certainly the party of business”, Jeremy Hunt has insisted ahead of his speech at Tory conference today. The Chancellor told LBC Radio: “We certainly are the party of business. “Rishi Sunak and I are prepared to take those decisions because there is a fundamental choice in British politics between a party that [...]
Pay boost for 2m workers as Hunt to confirm living wage rises to £11 an hour October 2, 2023 Workers could see their pay packets feel heavier as Jeremy Hunt is set to announce a rise in the national living wage to at least £11 an hour.