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Tech firms call for zonal electricity pricing in UK to fuel AI datacentres
Tech companies are putting pressure on the UK government to encourage an AI datacentre boom in remote areas of Great Britain by offering some of the cheapest electricity prices in Europe.
A report paid for by the tech companies Amazon and OpenAI has called on ministers to overhaul the UK’s …
AI race must be led by ‘western, liberal, democratic’ countries, says Peter Kyle
The artificial intelligence race must be led by “western, liberal, democratic” countries, said the UK technology secretary in a veiled warning over China’s role in the contest, before a global AI summit in Paris.
Peter Kyle spoke as political leaders and tech company bosses gather in France, and after the …
Bo-Kaap: the candy-coloured corner of Cape Town facing tourism v heritage dilemma
After Table Mountain, the candy-coloured houses of Bo-Kaap have become one of Cape Town’s most iconic images, a key stop in any tourist’s visit to the South African city and a must-have for Instagram feeds.
However, many residents of the historic Muslim district are increasingly fed up with tour buses …
UK tax administration costs spiralling due to complex system, says watchdog
An increasingly complex tax system is burdening the government and businesses with hundreds of millions of pounds more in administration costs, Whitehall’s spending watchdog has warned.
The report by the National Audit Office (NAO) also said “poor levels of service” meant some taxpayers and their representatives were “finding it more …
M&S boss says UK retailers being ‘raided like a piggy bank’ over planned tax rises
The chief executive of Marks & Spencer has called on the UK government to delay or ease planned tax and recycling charges, claiming the retail industry is being “raided like a piggy bank”.
Stuart Machin said that without pausing or staggering the changes to national insurance and business rates, which …
GB Energy faces ‘challenging’ task to find CEO for Aberdeen HQ, sources say
Britain’s state-owned energy company faces a “challenging” task to find a chief executive for its Aberdeen HQ when it begins recruiting this month, senior industry sources have said.
Great British Energy is poised to begin the hunt, but sources claim there are still no obvious frontrunners for the top job …
At least half of WH Smith high street stores could close under a new owner
At least half of WH Smith’s 500 high street stores could be closed by any new owner, industry experts say, raising the prospect of sweeping job losses at the ailing retailer.
Predictions for the eventual size of the chain, which employs about 5,000 people in its high street shops, range …
An existential risk: can BP avoid becoming a prime takeover target?
When BP’s board faces shareholders at the oil company’s investor day later this month, there will be many questions to answer, and for many, the biggest one will be: how did things go so wrong?
The FTSE 100 company was once valued at more than £140bn, but today its shares …
Labour urged to defend workers’ rights bill as poll shows huge public support
Labour should fight Conservative and Reform criticism of a major expansion in workers’ rights because of an “indisputable mandate” from the public, trade unions and MPs have said, after the biggest poll conducted on the issue showed huge support.
A mega-poll of 21,000 people, including deep dives into Reform constituencies, …
From Dogecoin to $Trump: everything you need know about the wild world of meme coins
Three days before his inauguration as US president, Donald Trump made an unusual move. He launched $Trump, a so-called meme coin that fans and speculators could buy in the hopes it would gain value. Initially, $Trump soared from a value of $7 to $75 per coin in a day, according …