Money Moves

On Thursday morning at London Bridge station, a new digital clock, 1.8 meters high, was unveiled. This clock serves as a prototype for the Great British Railways’ signature station clock design, marking the first new design in over 50 years. The clock’s digital representation will also appear on electronic information boards at train stations throughout […]

Spotify, a leading music streaming platform, has announced initiatives to collaborate with major music labels on the responsible use of artificial intelligence (AI). The company emphasizes a commitment to developing AI tools that prioritize the rights of artists and songwriters while respecting their copyrights. Spotify plans to license music from three major record labels: Sony

In the context of emerging technology, the introduction of driverless taxis by Waymo, set for next year in London, has sparked discussions regarding safety and operational ethics. Christian Wolmar’s book, Driverless Cars: On a Road to Nowhere, raises concerns about potential dangers associated with these vehicles. For instance, adherence to Isaac Asimov’s first law of

Pensana has halted plans for a rare earths refinery in East Yorkshire, opting to pursue investments in the United States instead. The company has been developing a rare earths mine in Angola for the past seven years, with a projected cost of $268 million (£185 million). This mine is expected to start delivering raw materials

Chancellor Rachel Reeves announced plans for targeted measures to address cost of living challenges in the upcoming Budget. In an interview with the BBC, Reeves emphasized the joint responsibility of the government and the Bank of England to tackle inflation. Currently, the UK is projected to have the highest inflation rate among G7 nations this

The Canadian government has indicated potential legal action against Stellantis following the company’s announcement to relocate Jeep Compass production from Ontario to its plant in Illinois. Stellantis recently detailed a substantial $13 billion investment aimed at boosting its manufacturing capabilities in the United States. Canada’s Industry Minister, Mélanie Joly, emphasized that Stellantis had a “legally

Betting company Paddy Power has announced the closure of 57 retail outlets in the UK and Republic of Ireland following a review of its high street operations. This decision puts 247 employees at risk of redundancy, with 128 affected in the UK and 119 in the Republic of Ireland. The closures include 29 shops in

Nestle, the world’s largest packaged food and beverage company, announced plans to eliminate 16,000 jobs over the next two years. This decision comes as new CEO Philipp Navratil seeks to concentrate on products that yield the highest potential returns. Mr. Navratil emphasized the need for the company to “change faster” in order to adapt to

The UK economy experienced a minor increase in August, with a growth of 0.1% as reported by the Office for National Statistics (ONS). This follows a contraction of 0.1% in July, which was revised from an earlier figure of zero growth. As economic concerns persist, the government has prioritized economic enhancement, especially with the Budget

A legal claim has been filed in the UK against Johnson & Johnson (J&J), where approximately 3,000 individuals allege the company sold baby powder contaminated with asbestos. This lawsuit, pursued by KP Law, references internal documents and scientific reports allegedly indicating that J&J was aware as early as the 1960s that its talcum powder contained