Conservative shadow chancellor Mel Stride has sharply criticized the government’s decision to scrap the two-child benefit cap, arguing it represents misplaced priorities and will lead to 25,000 more people claiming …
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HP has revealed a restructuring initiative that will result in the elimination of between 4,000 and 6,000 positions globally by the end of October 2028. The plan represents the company’s …
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Opposition politicians condemned the premature release of budget documents as potentially criminal, with Shadow Chancellor Mel Stride labeling the incident “utterly outrageous” after the Office for Budget Responsibility accidentally published …
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British banking equities experienced a pronounced upward trajectory on Tuesday as market participants grew increasingly assured that the financial services sector would avoid fresh taxation in the forthcoming budget announcement. …
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SoftBank has sold its $5.8 billion stake in Nvidia to free up funds for its ambitious OpenAI investments, a move that highlights the Japanese conglomerate’s deepening commitment to artificial intelligence. …
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The Bank of England’s regulatory arm is championing a new “strong and simple” framework as one of the most significant changes to banking rules in 30 years. The reform is …
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“Enough!”: Altman Snaps at Investor as OpenAI Scrambles to Deny It Wants Government Guarantees
by admin477351Tensions over OpenAI’s finances are running high, and the company’s leadership is feeling the heat. In a strikingly tense podcast exchange, CEO Sam Altman publicly rebuked one of his own …
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Trade experts are warning of an “expansionist” US policy on tariffs as the Commerce Department considers adding another 700 items to its list of taxed “steel derivatives.” This move follows …
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Uncertainty over this month’s budget was not enough to halt the property market, as UK house prices rose 0.6% in October to hit a new record high. The average home …
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Banks in the UK will not face higher taxes in the upcoming budget, according to reports that Chancellor Rachel Reeves wants to maintain stability and support economic expansion. The news …