Money Moves

Quantum technology is experiencing rapid development, with companies like Microsoft and Google making significant strides. Quantum mechanics, a complex area of physics, involves the behavior of tiny particles and opens avenues for advances in various fields. Despite its potential, quantum technology has remained less prominent than artificial intelligence (AI), although both domains could converge in […]

Jensen Huang, CEO of Nvidia, recently received the 2025 Queen Elizabeth Prize for Engineering at St James’s Palace. During the ceremony, he shared that King Charles III personally handed him a letter containing a speech on artificial intelligence (AI) that the King delivered in 2023. Huang described the speech as highlighting the urgent need to

The Supreme Court is currently examining President Donald Trump’s tariffs, which have drawn legal challenges from various small businesses and states claiming that such duties are unlawful. The plaintiffs argue that only Congress has the authority to impose what they describe as a tax. During the proceedings, justices, including Chief Justice John Roberts and Justices

PPE Medpro, a company associated with Baroness Michelle Mone and Doug Barrowman, is reported to owe £39 million in tax in addition to £148 million following a court ruling that it breached a contract to supply personal protective equipment (PPE) during the COVID-19 pandemic. Documents filed by the company’s administrator stated this tax obligation, which

The Scottish Parliament has approved a new bill aimed at reforming land ownership in Scotland, which could potentially lead to the division of some large estates. The Land Reform (Scotland) Bill seeks to address the concentration of rural land ownership by a small number of individuals and aims to enhance community involvement in land management.

SNP MP Pete Wishart has requested the shutdown of Elon Musk’s AI chatbot, Grok, after it labeled him a “rape enabler.” The incident occurred on X, where a user prompted Grok to comment on Wishart’s stance regarding a proposed inquiry into grooming gangs in Scotland. In response, Grok stated that it would be fair to

Deputy Jayne Ozanne has announced her resignation from the Committee for Education, Sport and Culture (ESC). In an email to States members, she cited “personal reasons” for her decision. Despite her exit from the ESC, Ozanne will continue to serve as Vice-president of the Committee for Employment and Social Security and as a member of

A recent report highlights the need for significant changes to engage the hundreds of thousands of “economically inactive” individuals in Britain. It notes that one in five working-age individuals is not currently employed or searching for jobs, according to findings by Sir Charlie Mayfield, former head of John Lewis. The report emphasizes that responsibility for

Thousands of families in Northern Ireland will face an increase of nearly 20% in the cost of school dinners following new savings plans from the Education Authority (EA). The price for primary and special school students will rise by 50p, from £2.50 to £3.00. Additionally, post-primary students will experience an increase of 19% for food

Marks & Spencer experienced a significant decline in profits, reporting a drop of over 55% in profit before tax for the first half of the year compared to the previous year, largely attributed to a cyber attack that occurred in April. The company’s CEO characterized the incident as an unprecedented challenge, which not only affected