Could the US interest rate cut boost the housing market?
Borrowing costs are not guaranteed to come down much more than they already have, even after this week’s rate cut. …
Category: Business and Finance
Tech bosses say massive investment will make UK ‘AI superpower’
Microsoft, Google and Nvidia have announced investments as part of a £31bn UK-US “Tech Prosperity Deal”. …
Nvidia boss ‘disappointed’ by report of China chip ban
Jensen Huang told reporters he would be “patient” as the US and China grapple for global AI dominance. …
Food prices continue to surge as inflation remains at 3.8%
While UK inflation held steady in August, the pace of price rises for food surged, increasing cost of living pressures. …
JLR supply chain staff told to apply for universal credit, union claims
Staff are being laid off with “reduced or zero pay” following a cyber attack, which has forced the carmaker to shut down, Unite union claims. …
Ben & Jerry’s co-founder quits over social activism row
His resignation marks the latest development in a dispute with parent company Unilever. …