In a setback for Prime Minister Sir Keir Starmer, one of Britain’s biggest supermarkets has publicly thrown its support behind farmers opposed to the Government’s planned inheritance tax (IHT) reforms. Sophie Throup, head of agriculture at Morrisons, posted a video message on X (formerly Twitter) declaring the retailer’s solidarity with farming communities, who are preparing […]
Prime Minister Keir Starmer has outlined a sweeping vision for the UK to become the world leader in artificial intelligence, pledging a distinctively British approach to regulation while unleashing AI’s potential to revive the country’s sluggish economy. Unveiling the government’s “AI Opportunities Action Plan”, Starmer vowed to break from both the US and EU regulatory […]
Concerns are escalating over the future of Northern Ireland’s largest private employer, with 2,700 jobs at risk at Spirit Aerosystems’ Belfast factory. The site’s predicament stems from complications in a takeover deal involving Boeing, which agreed to acquire Spirit, and Airbus, which has said it will only purchase the portion of the plant manufacturing A220 […]
The 2024 winner of the BBC’s The Apprentice, Rachel Woolford, has unveiled plans for her debut collaboration with Lord Alan Sugar—an extension to her North Studio fitness enterprise in Leeds, designed to meet surging demand for Reformer Pilates. Woolford, 28, secured a £250,000 investment from Lord Sugar earlier this year when she triumphed over rival […]
Virgin Group, led by Sir Richard Branson, is preparing to order a dozen high-speed trains—worth an estimated £500 million—as it pushes to become the first competitor to Eurostar on services through the Channel Tunnel. Project leader Phil Whittingham confirmed that Virgin aims to close the deal as early as this quarter, ahead of rival startup […]
Article content (Bloomberg) — Oil extended gains to hit the highest in more than four months as a fresh wave of US sanctions against Russia’s energy industry threatened to crimp supplies in an already-tightening global market. Article content Global benchmark Brent advanced above $81 a barrel, after surging almost 4% in the previous session. West […]
Article content (Bloomberg) — The UK is planning special districts for constructing data centers and will explore dedicating nuclear energy to the sites as part of a Labour government project to boost technology growth and the ecosystem for artificial intelligence. Article content These “AI Growth Zones” will include enhanced access to electricity and easier planning […]
Breadcrumb Trail Links PMN Business Justin Trudeau says Canada is ready to respond with counter-tariffs against the US if President-elect Donald Trump follows through on his threat to begin a trade war in North America. Author of the article: Bloomberg News Curtis Heinzl Published Jan 12, 2025 • Last updated 1 hour ago • 3 minute […]
Article content (Bloomberg) — JPMorgan Chase & Co.’s Jamie Dimon said that tariffs, if properly used, can help resolve issues such as unfair competition and national security. Article content “Like any tool, if it’s misused it can do damage too,” the chief executive officer of the largest US bank said in an interview on CBS […]