Gerry Adams, the former Sinn Féin president, has said he is considering legal action against Meta after discovering that several of his books may have been used without permission to train the tech giant’s artificial intelligence models. Adams claims that at least seven of his titles were included in material scraped from the web to […]
Oil prices tumbled to their lowest level in more than four years on Wednesday as escalating trade tensions and unexpected supply increases from Opec+ rattled global markets. Brent crude, the international benchmark, dropped as much as 5.2% to $58.46 a barrel, falling below the $60 mark for the first time since February 2021. The sharp […]
President Donald Trump has announced a 90-day pause on tariffs above the 10% baseline rate, offering a temporary reprieve for most US trading partners — with one notable exception: China. In a post on Truth Social, the President confirmed the pause would take immediate effect, while also declaring a punitive 125% tariff on Chinese imports, […]
Sipay, the rapidly scaling Turkish fintech specialising in embedded finance and payment solutions, has raised $78 million in a Series B funding round, pushing its valuation beyond $875 million. The round was led by US-based venture capital firm Elephant VC, with support from QuantumLight, the investment firm founded by Revolut CEO Nik Storonsky. Recognised as […]
Chancellor Rachel Reeves has told MPs that Bank of England governor Andrew Bailey has confirmed that financial markets are “functioning effectively” and that the UK’s banking system remains resilient, despite the escalating global uncertainty caused by President Trump’s new tariffs. Speaking in the House of Commons, Reeves took the unusual step of opening Treasury questions […]
Retail tycoon Sir Philip Green has lost a high-profile legal case at the European Court of Human Rights (ECHR), after attempting to challenge the UK’s use of parliamentary privilege following his public naming in the House of Lords over alleged misconduct. The former Arcadia Group boss, who is now based in Monaco, brought the case […]
Majority of UK businesses not planning to alter ED&I policies in response to Trump’s rollback The majority of UK business leaders say they will not be adjusting their Equity, Diversity and Inclusion (ED&I) strategies in response to moves by the US government to roll back similar programmes, according to new research from the Institute of […]
The UK’s statistics watchdog has ordered the Office for National Statistics (ONS) to urgently overhaul its data collection methods within the next four weeks, amid growing alarm over the reliability of official economic figures used to shape government and Bank of England decisions. The intervention comes after a series of delays and data quality concerns […]
While many have been soaking up the spring sunshine, farmers across southern England are facing growing concern over the impact of an extended dry spell on their crops. With little rain forecast in the coming days, many fields are struggling, as crops sown earlier this spring fail to germinate in increasingly parched soil. For farmers […]
Lloyds Bank is under renewed scrutiny after former clients and whistleblowers accused it of failing small businesses in the years following the 2008 financial crash, despite receiving a £20 billion taxpayer bailout designed to keep credit flowing to SMEs. A joint investigation by the BBC and Panorama has heard allegations that Lloyds deliberately scaled back […]