MPs are caught in a welfare catch-22
That is not the neo-liberal straw man that Andy Burnham and other politicians on the left like to bleat about. If anything, it is the opposite: the state has grown layer upon layer, racking up debts that are now coming…
Read more
Employers yearn for growth as jobs market stages ‘fragile recovery’
The latest jobs report from KPMG and recruiter REC showed permanent hiring grew for the second consecutive month to a four-year high of 50.9. Meanwhile, temporary billings also grew to 50.9, albeit at the slowest pace in…
Read more
AI chip boom pushes Samsung profits to record $80bn
The tech giant estimates that its operating profit for the three months to the end of September will jump to 107.4tn won (£61bn; $80bn), its fourth quarter in a row of record earnings. Samsung is one of the world's…
Read more
Japan beer giants raided over alleged price-fixing cartel
The four firms dominate Japan's beer market, with their drinks a common sight in supermarkets and convenience stores across the country. Asahi, Kirin and Sapporo all saw their share price fall after news of the…
Read more
How oil-rich Alberta's economy might fare if it broke away from Canada
With its wealth of rich oil and gas reserves, a significant agricultural sector and a young and skilled workforce, its economy is one to be reckoned with, says Wilson. The province will hold a referendum on 19 October…
Read more
The wildlife winners set to appear on your banknotes revealed
The Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog will appear on the redesigned notes in years to come - although no decision has been made about which animal will be shown on which banknote. The…
Read more
Retailers demand energy bill cuts as costs rise by £440m
The British Retail Consortium (BRC) – which represents top retailers including Tesco, Sainsbury’s and Marks & Spencer – has warned that rising “policy costs” on energy bills will inevitably push up prices for shoppers.…
Read more
Bank of England announces the four animals that will feature on our next series of banknotes
The decision comes after nearly 500,000 people responded to a public consultation asking which native wildlife they would like to see on our banknotes. They chose from a shortlist of 18 options across three categories –…
Read more
'Stop throwing shade' - the woman trying to stop firms leaving the UK
Over the last few years, scores of big firms have left the London market , are considering a move or have been bought by private foreign investors. The fear is this weakens the UK economy by reducing tax revenues and…
Read more
OpenAI says teen ChatGPT use limited but research finds it an 'unacceptable risk'
The major AI firm rolled out many teen safety guardrails in August, including curbs on emotional dependence and new parental alerts for problematic use. On Wednesday, OpenAI said it found average teen use of ChatGPT to…
Read more