Money Moves

According to a recent super-complaint launched by the consumer group Which?, issues within the home and travel insurance sectors are critical enough to warrant significant attention. The complaint asserts that the processes for filing claims can result in greater distress than the initial incidents prompting those claims. Which? reported troubling examples of customer experiences, including […]

A recent estimate by Morgan Stanley projects that global spending on data centers designed to support artificial intelligence (AI) will reach approximately $3 trillion (£2.2 trillion) by 2029. This amount is expected to be evenly split between construction and hardware costs. For context, this expenditure mirrors the total economic output of France in 2024. In

Recent data reveals that homebuyers in London who purchase properties within 500 meters of a tube or railway station pay an average of £42,700 more compared to those buying similar properties located 1,500 meters away. This research, conducted by Nationwide Building Society, indicates that the emphasis on good transport links remains significant even in the

Rachel Reeves, the Chancellor of the Exchequer, is being urged to implement a 2p reduction in the rate of employee national insurance, reallocating it to income tax in her upcoming autumn budget. The Resolution Foundation, a prominent thinktank, has proposed this change as part of a broader strategy to raise approximately £30 billion, thereby addressing

Nvidia, a leading US technology company, has announced plans to invest up to $100 billion (£73 billion) in OpenAI, the organization behind the ChatGPT platform. This investment will primarily focus on supplying high-performance chips essential for the processing power required in artificial intelligence (AI) applications, a field in which OpenAI specializes. The partnership has been

The Premier League’s shareholders are set to convene for their first summit of the season in Covent Garden, a meeting that may differ from past gatherings due to notable absences. Specifically, Daniel Levy’s departure after 25 years at Tottenham and the absence of Arsenal’s executive vice-chair Tim Lewis are significant changes for attendees. Lewis, who

TikTok’s recommendation algorithm, which curates content for users, is set to be duplicated and retrained using data from U.S. users as part of an agreement that aims to secure the app’s continued operation in the United States. A White House official indicated that Oracle, a major technology company, will audit the recommendation system, and a

The Supreme Court of India has expressed strong disapproval regarding the actions taken by the country’s aviation authorities in the aftermath of the Air India plane crash that occurred in June, resulting in the deaths of 261 individuals. The incident involved a flight from Ahmedabad to Gatwick Airport that crashed shortly after takeoff, leaving only

All remaining Bodycare stores are set to close, resulting in the loss of 444 positions after the health and beauty retailer’s administrators were unable to secure a buyer for the chain. The business entered administration earlier this month, with administrators stating that it was “no longer viable to continue” operations. The closure involves 56 remaining

The potential expansion of airports in the UK raises significant questions about future air travel emissions. Gatwick’s proposal for a second runway could introduce an estimated 100,000 additional flights annually, while a third runway at Heathrow could add around 276,000 flights. Luton airport’s approved expansion further complicates these projections. As the UK aims to achieve