Money Moves

British charities and small businesses have raised concerns regarding a new levy on energy bills, set to take effect in November. This levy aims to finance the construction of the Sizewell C nuclear project in Suffolk. Organizations with high energy consumption, such as charities and small businesses, are anticipated to see substantial increases in their […]

Evoke, the company that owns William Hill, is evaluating plans to potentially close between 120 and 200 betting shops if the upcoming autumn budget proposes tax increases for the gambling sector. This evaluation comes after Evoke, formerly known as 888, acquired William Hill for £2 billion in 2022 and is grappling with a considerable debt

The UK government has reassigned oversight of the £10 billion Lower Thames Crossing tunnel project from National Highways to the Department for Transport (DfT). This shift is part of the administration’s efforts to exert tighter control over significant infrastructure projects amid concerns about budget overruns and delays. Internal documents indicated that the DfT will now

A recent survey conducted by KPMG revealed that only 8.5% of 48,000 respondents consistently trust AI search results. This sentiment was echoed by a Gartner report indicating that over half of consumers distrust AI searches, attributing “significant” errors to these technologies. Additionally, a study by McKinsey highlighted that 80% of organizations utilizing generative AI reported

This month, indie musicians in Oakland, California, convened for a series of discussions titled “Death to Spotify,” focusing on the decentralization of music discovery, production, and listening away from capitalist frameworks. Hosted at Bathers Library, the events featured speakers from indie radio station KEXP, labels like Cherub Dream Records and Dandy Boy Records, along with

Beijing has stated that it will respond if former President Donald Trump proceeds with his plan to impose a 100% tariff on Chinese imports. This comes after Trump announced that additional tariffs would be applied to China’s exports to the U.S. along with new controls on crucial software starting November 1. China’s commerce ministry has

China’s government has responded to Donald Trump’s recent threat of a potential 100% tariff on Chinese goods, labeling it as an example of “US double standards.” A spokesperson from the Commerce Ministry indicated that China might implement its own unspecified “countermeasures” if the US follows through on this threat, asserting that the country is prepared

Criminal activities have emerged that exploit the current backlog of driving tests, offering services to individuals frustrated by long wait times. Fraudsters claim they can expedite the process of obtaining driving licenses by allowing applicants to bypass required examinations for a fee. These scammers purport to have inside connections within the government testing and licensing

Starting Sunday, the European Union will implement a new digital entry and exit system (EES) aimed at enhancing border security for travelers to the Schengen area. This system, which has seen numerous delays, will require most non-EU travelers to register biometric information upon entering the region. The EES mandates that travelers provide their facial photographs

Greater Anglia has recently transitioned into public ownership as part of the UK government’s ongoing initiative to renationalize the rail network. This change means that the company, which operates train services from key locations such as Cambridge, Ipswich, Norwich, Colchester, and Stansted Airport to London, is now among a growing number of rail operators that