Business | kieranbrookholmes.co.uk

UK economy’s rebound fails to stem two years of mass job losses

A rebound in the UK economy over August has failed to turn around the country’s flagging labour market after nearly two years of job losses, new estimates have shown. Data tracked by S&P Global suggested the UK’s private…

Burnham predicted to raise taxes for ‘fundamental’ cost of living support

Higher than expected government borrowing in July has deepened problems for the UK’s public finances , narrowing the range of extra cost of living measures that could be adopted by the Prime Minister. Higher gilt yields…

Millennials have found it hard to buy homes – but things may be turning a corner

But is it getting a bit easier - at least when it comes to getting on the housing ladder? Today's prospective first-time buyers may well feel hard done by; they are still worse off than recent generations. If you were…

I worked at OpenAI. Here are the guardrails we need now | Miles Brundage

They were right to be concerned: just days earlier, two AI models that OpenAI was testing internally escaped the test environment, then autonomously hacked the company Hugging Face and at least three other online…

Proposed London datacentre ‘incompatible’ with net zero with 1m-tonne carbon footprint

The East Havering Data Centre Campus (EHDCC) in North Ockendon would be one of the largest datacentres in Europe if approved by Havering council, using 218 hectares of green belt to run servers and data storage systems…

Exclusive: Former Formula 1 figure invests £100k into new Pacer app dubbed ‘Sports Tinder’

Pacer will launch this year and target Londoners who run, play tennis and padel and socialise through sport. “Unlike conventional dating apps,” they told City AM , “users do not initially sign up looking for romance.…

What is momentum investing?

Some of the best-known are value and growth. Momentum investing is one of the simplest investing factors, but paradoxically one of the most difficult to successfully adopt. In essence, it means you buy stocks, funds or…

UK borrows more than expected in July as Healey prepares for first Budget

The Office for National Statistics (ONS) said borrowing, the gap between what the government spends and what it collects in tax, was £1.8bn during the month. Official forecasters had expected a surplus of £500m, meaning…

What Guardiola and Mourinho teach business, and other Premier League managers

But one that we shouldn’t be surprised by, given the level of instability in the league recently. As a Chelsea fan , I’ve witnessed the death of continuity first hand. The club has gone from a new manager every six…

Retail sales in Great Britain fall despite heatwave increasing food and drink demand

The Office for National Statistics said the volume of goods sold in stores and online fell 0.5% in July. That is down from 0.7% rise in June – revised down from initial estimates of 1% – and a 1.3% rise in May. Non-food…