Artificial writer responds to OpenAI boss slamming film as ‘awful’

Last month Altman, the man behind ChatGPT and one of the world’s leading figures in AI, said it looked like “an awful movie” after watching the trailer. Speaking to City AM, Artificial writer Simon Rich responded to…

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Dimon warns of risks ‘under the surface’ as JP Morgan earnings miss

The US banking giant reported $50.9bn (£38.4bn) in revenue for its latest three month period, up eight per cent year-on-year. But this undershot the $51.2bn forecast by LSEG analysts. The group’s net interest income…

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Hobbs and Whistles owner investigates hack that may have exposed customer data

The South-African listed TFG London said it identified the "cybersecurity incident" at the three UK-based retail chains on Sunday. Its two other UK brands, Inside Story and White Stuff, are not affected. TFG said its…

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Burnham’s Your First Home scheme ‘could boost Bellway’s house output by 10%’

Faced with a chronic shortage of homes, the government has made housing one of its top priorities and Andy Burnham'ssurprise announcement of the YFH scheme a fortnight ago sent housebuilders' shares soaring by more than…

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Three things we've learnt about the UK economy from the IMF

What the IMF says matters – it aims to keep the global economy stable and its twice-yearly forecasts are one of the most authoritative looks at what is really going on around the world. Yet like all forecasts they can…

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Healey rejects calls to equalise capital gains and income tax rates

Several senior cabinet ministers have in recent months called for capital gains tax (CGT) to be equalised with income tax in the upcoming Autumn Budget. However, Healey has internally ruled out the move, according to a…

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BA flight forced to turn back over cracked window

Flight deck going through checks before deciding were to divert". A spokesperson for British Airways said the plane landed safely at Gatwick due to a "minor technical issue" and passengers were due to resume their…

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JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - business live

The biggest bank in the US said its net income landed at $15.4bn for the quarter, below expectations of $16.3bn. Revenue from its fixed income division dropped 4% compared with the same period last year, the bank said –…

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Lidl snaps up market share as rival Aldi stalls

The German discounter held 8.6 per cent of the UK’s grocer market in the 12 weeks to October, according to Worldpanel by Numerator, up from 8.2 per cent a year ago. This makes Lidl the UK’s only supermarket which is…

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Retailers press Healey to cut high street taxes at crunch Downing St meeting

Top retailers including Tesco, Sainsbury’s and Marks & Spencer pressed Healey on business rates and youth unemployment but the Chancellor stopped short of confirming any Budget measures. Healey hosted high street bosses…

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