Thursday, November 30, 2023

OpenAI chaos not about AI safety, says Microsoft boss

Microsoft's president says the sacking of OpenAI boss Sam Altman was not because of AI safety worries.

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Former Chancellor Alistair Darling dies aged 70

Lord Darling, who steered the UK through the 2008 financial crisis, has died a spokesperson on behalf of his family said

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Dr Martens shares plunge after profit warning

The famous bootmaker says its business has been hit by weak trade in the US.

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RMT union votes to end rail strikes until at least spring

Rail workers have voted to accept a pay deal, ending their involvement in a long-running series of strikes.

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Wednesday, November 29, 2023

Feminist site Jezebel to be revived after sale

Paste Magazine, a music publication, said it planned to relaunch this week.

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Amazon latest tech giant to announce AI chatbot

The bot, called Q, can help firms answer customer queries, analyse data and help with coding.

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London travel: Uber launches black cab sign-ups

The Licensed Taxi Drivers' Association says joining with Uber would be "sullying" the taxi trade.

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Energy saving scheme: What is the energy saving scheme for electricity?

A scheme to reward people for cutting back on electricity use is running for a second day.

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Tuesday, November 28, 2023

Barclays to cut 900 UK jobs, says Unite union

Jobs will go across several back-office divisions in a move the union brands "disgraceful".

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Government spending plans 'a very big risk', says watchdog

The Office for Budget Responsibility says the plans are "uncertain" and rely on projected savings.

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Cyber-attack continues to impact some home sales

Alice Fenton is one of many homebuyers currently in limbo as a result of a cyber-attack on IT firm CTS.

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Tata Steel: Unions split on Port Talbot rescue plan

Unite changes its stance on an alternative plan to decarbonise the giant plant in Port Talbot.

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Monday, November 27, 2023

Charlie's Bar, Fermanagh, 'blown away' by Christmas ad response

A Northern Irish pub's take on Christmas adverts gets the John Lewis seal of approval.

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No rate cuts for foreseeable future, says Bank

Andrew Bailey, governor of the Bank of England, says lowering inflation further will be "hard work".

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Eurostar Amsterdam-to-London services to be suspended for six months

Trains will be suspended from next June because of renovation work at Amsterdam's central station.

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Can I get a Cold Weather Payment and how much are they?

Cold Weather Payments are available to some when there is a run of sub-zero temperatures.

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Sunday, November 26, 2023

Metro Bank shareholders to vote on rescue deal

A deal to raise extra funds was struck last month after speculation about Metro's financial position.

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Tobacco firm calls for tougher rules on vapes

BAT wants sellers to be licensed, and sweet flavours banned

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Sunak welcomes foreign firms' £29.5bn 'vote of confidence'

The prime minister says foreign investors' plans to invest £29.5bn is a "huge vote of confidence".

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Labour hopes to cut net migration to around 200,000

The party says it wants migration to return to "normal levels", depending on the needs of the economy.

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Only shop on Lismore saved after community buyout

Over 200 people backed the campaign to secure the Lismore's closure-threatened store for the future

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Saturday, November 25, 2023

Interest rates: Why there is more pain still to come

Inflation may be easing but the impact of high interest rates is still to kick in for many people.

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Friday, November 24, 2023

Carnival UK withdraws 'fire-and-rehire' threat

Carnival UK says it will not pursue the controversial strategy which could have affected 900 crew.

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John Lewis to offer health checks to customers

The department store is partnering with Covid-19 testing firm Randox Health to offer new services.

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Judge invited to taste test cider in Aldi row

Somerset brewer Thatchers accuses Aldi of "copycatting" its Cloudy Lemon Cider for its Taurus drink.

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Thursday, November 23, 2023

Nvidia sued after video call mistake showed 'stolen' data

Car firm Valeo alleges the theft of its data was inadvertently revealed during a Microsoft Teams call.

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Energy saving tips: Five ways to cut costs this winter

Energy prices will be lower this winter than last - but you may be able to save even more on your bill.

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Turkey's central bank raises interest rates to 40%

Turkey has been hit with soaring prices, but its president has only recently allowed rate hikes.

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Autumn Statement: Hunt denies tax cuts were pre-election giveaway

The chancellor insists his financial plans are not "crowd-pleasing" and he is not being dishonest.

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Wednesday, November 22, 2023

State pension and triple lock: What is it worth and when do you get it?

A second significant rise in the state pension will come in April under what is known as the triple lock.

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Telegraph: Ministers may order probe into newspaper's sale

The culture secretary says she has "concerns" about the newspaper's sale to an Abu Dhabi-backed fund.

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Grangemouth oil refinery due to cease operations by 2025

Petroineos says it aims to turn the Grangemouth site into a fuels import terminal by spring 2025.

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How lockdown inspired fight against period poverty

Inside a project tackling period poverty, with an army of thousands of volunteers across the world.

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Tuesday, November 21, 2023

Binance chief Changpeng Zhao pleads guilty to money laundering charges

Changpeng Zhao will also step down as chief executive of the world's largest crypto-exchange.

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Minimum wage to rise to £11.44 per hour

The new rate will apply to those aged 21 and over for the first time, the chancellor says.

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OpenAI: Microsoft wants changes after Sam Altman debacle

Microsoft's CEO responds to the chaos at OpenAI, where the boss's sacking has caused a staff revolt.

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Court rules Deliveroo drivers cannot be unionised

The ruling at the Supreme Court is the latest in a long-running legal dispute.

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Monday, November 20, 2023

Autumn Statement 2023: When is it and how will it affect me?

Chancellor Jeremy Hunt is set to unveil the government's tax and spending plans.

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Shakira: Singer settles Spanish tax fraud case with €7.5m fine

Shakira, who has repeatedly denied wrongdoing, settled "with the best interest of my kids at heart".

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Rishi Sunak: The time has come to cut tax

The prime minister says taxes can be cut "in a responsible way" after the inflation rate halved.

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Chris Mason: Jeremy Hunt looks likely to cut taxes - the question is where?

The focus of the Autumn Statement is expected to be on business taxes and growing the economy.

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Sunday, November 19, 2023

‘I was addicted to social media - now I'm suing Big Tech’

The lawsuit says four of the largest social media firms knowingly expose children to harmful products.

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Former OpenAI boss Sam Altman pictured at firm's HQ amid reports of return

Sam Altman posts a selfie from the firm's US head office 48 hours after his shock ouster from the company.

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Heathrow passengers facing delays after strong winds

Some travellers are waiting for hours after Air Traffic Control restricts take-offs and landings.

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Hunt does not rule out tax cuts in Autumn Statement

The chancellor tells Laura Kuenssberg economic growth is his priority ahead of Wednesday's statement.

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X ad boycott gathers pace amid antisemitism storm

US firms, including Apple and Disney, are reportedly suspending ads on the Elon Musk-owned site.

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Friday, November 17, 2023

AI boss Sam Altman ousted by OpenAI board

OpenAI said it 'no longer had confidence' in his ability to lead the artificial intelligence firm.

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White House criticises Elon Musk over 'hideous' antisemitic lie

Controversies over antisemitism have engulfed the billionaire and his social network, X.

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What is inheritance tax and will it be cut?

Inheritance tax is again creating political debate so how does it work and who pays?

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Autumn Statement: Jeremy Hunt considering cuts to inheritance tax

The BBC has been told the chancellor is considering cutting some taxes in his Autumn Statement.

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Thursday, November 16, 2023

What the Chancellor really means when he says tax cuts are 'impossible'

How to make sense of what politicians mean when they say there is no scope for tax cuts.

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Russian Carlsberg staff arrested after business seized

Two senior managers of Carlsberg's Russian subsidiary were arrested on Wednesday over allegations of fraud.

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Jeremy Hunt pledges millions to boost UK car battery production

The chancellor is set to announce hundreds of millions more in subsidies and grants for battery makers.

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Benefit claimants not seeking work to face mandatory work placements

It is part of a plan to get people back to work, with more investment in career support also promised.

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Wednesday, November 15, 2023

Barbie movie added £80m to UK economy and used 6,000 extras, Warner Bros says

The hit movie was partly shot at the Warner Bros studios in Hertfordshire, using over 6,000 extras.

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Co-op store workers' lives threatened by suspected shoplifters

The Co-op says there are 3,000 occasions this year where shoplifters have been detained in their stores.

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Alstom: Train manufacturer puts 1,330 jobs at risk in Derby

The manufacturer says its factory in Derby has no confirmed work beyond the first quarter of 2024.

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Can government claim credit for fall in inflation?

The government says it has helped slow prices, but economists argue global factors are responsible.

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Tuesday, November 14, 2023

US inflation eases as lower gas prices offset rent rise

Prices in the year to October rose by their lowest rate since July, even as housing costs continue to climb.

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McDonald's fires 18 people after BBC investigation

The restaurant chain's UK boss tells MPs more than 400 people have made complaints since July.

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Meta OKs deleting Threads without losing Instagram

Previously, getting rid of the app fully required deleting the associated Instagram account.

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Monday, November 13, 2023

'Tourists are rethinking their relationship with Earth'

An increasing number of holidaymakers are picking more environmentally-friendly trips.

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Cost-of-living payments: What are they, who gets them and are they fair?

Millions of low-income households are receiving the latest cost-of-living payment between by 19 November.

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Avon to open physical shops in the UK for the first time

The beauty brand made famous by its door-to-door sales slogan "Ding dong, Avon calling!" is changing tack.

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Cameron's return revives memories of Greensill finance scandal

Documents suggest Mr Cameron made $10m promoting the controversial finance business Greensill Capital, which later collapsed.

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Sunday, November 12, 2023

DP World: Australia ports remain closed after cyber-attack

Operations at DP World sites in Melbourne, Sydney, Brisbane and Perth have been suspended since Friday.

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Peter Nygard: Fashion mogul guilty of sex assaults

The 82-year-old is still facing a trial in Montreal and extradition to the US.

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Saturday, November 11, 2023

Whitney Wolfe Herd: How the Bumble boss changed the dating scene

Whitney Wolfe Herd is stepping down as chief executive at the end of the year after nearly a decade.

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Friday, November 10, 2023

Ryanair: How a budget airline took off on TikTok

Through comedy TikToks about its extra fees, Ryanair has attracted millions of likes and followers.

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Man Utd: Sir Jim Ratcliffe's minority stake close to being agreed

Sir Jim Ratcliffe's deal to become a minority shareholder in Manchester United is expected to be agreed during this month's international break, possibly as early as next week.

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Microsoft 365 down for some customers in UK and Europe

Users are complaining of problems accessing workplace app Teams and the Xbox gaming platform.

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Ex-NatWest boss loses out on £7.6m payout after Farage row

Dame Alison Rose resigned after admitting to discussing details about Nigel Farage's bank account.

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Thursday, November 9, 2023

Oil giant Shell suing Greenpeace for £1.7m damages

The energy company is taking action after activists boarded a vessel while it was in the Atlantic.

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Fuel prices still cause for concern, warns watchdog

A new report has found while wholesale prices have dropped, petrol and diesel is more expensive.

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Apple should pay €13bn Irish tax, argues EU lawyer

The opinion is the latest twist in a long-running saga between the EU, Apple and the Irish government.

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Mortgage arrears up sharply with landlords hit hard

Rising interest rates have put pressure on homeowners and landlords, with more now falling behind on payments.

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Wednesday, November 8, 2023

Disney boss declares new era after job cuts

The entertainment giant has been under pressure as its traditional movie and film businesses decline.

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RMT members to vote on deal that could end rail strikes

If approved, train strikes planned over the Christmas period and into spring next year will be called off.

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Lloyds of London to invest £40m over 'significant' slavery links

A report showed the City firm played a "significant role" in enabling the transatlantic slave trade.

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Fans lament as Nestlé axes Caramac bar after 64 years

Nestle says it will no longer be making Caramac chocolate bars because sales have been falling.

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Tuesday, November 7, 2023

Coca-Cola and Nestle accused of misleading eco claims

Consumer bodies say firms make misleading claims about plastic water bottles being "100% recycled".

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China: DouYu founder, investment guru 'detained'

They include a streaming app founder and an executive referred to as China's Warren Buffett.

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Autumn Statement 2023: When is it and how will it affect me?

Chancellor Jeremy Hunt is set to unveil the government's tax and spending plans.

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Monday, November 6, 2023

Bumble founder Whitney Wolfe Herd steps down as boss of dating app

Billionaire Whitney Wolfe Herd, who created the firm in 2014, will be replaced by Slack's chief.

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Alison Rose: Watchdog apologises to former NatWest boss over Farage inquiry

The Information Commissioner's Office says it should not have suggested Dame Alison Rose breached privacy laws.

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Ryanair profits surge as fares rise by a quarter

The airline says it carried a record number of passengers over the summer, despite an increase in fares.

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Sunday, November 5, 2023

Football Manager 2024: How the franchise made millions

As the studio celebrates its 20th edition, the people that make it tell the BBC how it has changed.

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Annual oil and gas licences planned with net zero commitment required

Projects will have to meet net zero targets, under the proposals to be outlined in the King's Speech.

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Musk says his new AI chatbot has 'a little humour'

The AI tool, designed to have a cheeky tone to its writing, is not yet widely available.

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One in 10 mothers with under-fours quit work over childcare, says charity

A quarter of a million mothers with children under four have left their jobs, the Fawcett Society says.

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Saturday, November 4, 2023

Sustainable fishing: The tech making it cheaper and greener

Fishermen in Scotland and Indonesia are trialling new technology to improve their catch.

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Friday, November 3, 2023

China and Australia: Frenemies who need each other

Australia's Anthony Albanese is in Beijing this weekend for the first such trip in seven years.

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US jobs growth cools more than expected in October

The report from the Labor Department suggests America's run of stronger-than-expected job gains may be over.

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Everyone got duped by Sam Bankman-Fried's big gamble

The dishevelled former wunderkind fooled Silicon Valley and stole billions from customers, a court found.

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Maersk to cut 10,000 jobs as shipping demand falls

One of the world's largest export firms reported a fall in profits as freight costs have plunged.

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Thursday, November 2, 2023

Uber and Lyft agree to pay $328m to New York drivers

Uber and Lyft have agreed to settle claims that they "systematically cheated" drivers out of pay.

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New mothers faced energy meter force-fittings

The first warrants granted for months to force-fit prepayment meters wrongly included new mothers' homes.

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Sainsbury's gains ground in battle with Aldi and Lidl

The supermarket says customers who used to shop only at the discounters are now coming to Sainsbury's too.

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Spirit Aerosystems aims to renegotiate Airbus A220 deal

The firm makes wings for the Airbus A220 in its Belfast factory but the programme is making a loss.

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Wednesday, November 1, 2023

Rishi Sunak: AI firms cannot 'mark their own homework'

Governments must act to protect citizens from potential AI risks, prime minister tells the BBC.

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Tata Steel: Unions condemn plans for UK's biggest steelworks

Port Talbot will see more than £1bn in investment to ensure its future, but may see jobs cut.

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Asos: Lichfield warehouse to be closed as profits slump

Too much stock, made worse by "poor operating practices", were to blame for poor performance, the firm said.

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Travel agents lead pay rise league despite cost of living squeeze

Official figures show some jobs saw bigger pay rises than others with publicans and PR directors also earning more.

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UK-Canada trade rift: What it means for cheese, beef and cars

A pause in talks could mean tougher trading terms for the UK - but what will the impact be on consumers? from BBC News - Business https://...