The Labour government has defended its decision to increase taxes on landlords and properties worth over £2 million as part of a fair approach to raising revenue while minimizing the …
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HP is preparing for a significant organizational transformation that will see its workforce reduced by up to 6,000 employees through October 2028. The restructuring is part of the technology company’s …
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Chancellor Rachel Reeves introduced mileage-based charges for electric vehicles as part of a sweeping £26 billion tax increase package designed to stabilize public finances while funding cost-of-living relief measures. The …
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Britain’s financial services industry experienced a substantial market boost on Tuesday following growing indications that contemplated tax increases would not materialize in the imminent budget. Share prices across major banking …
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SoftBank has exited its $5.8 billion Nvidia position, signaling a decisive pivot toward OpenAI as it ramps up AI investments. The move marks a significant rebalancing within its technology portfolio …
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The recent shutdown of the UN-backed Net Zero Banking Alliance (NZBA) has sent shockwaves through the green finance world. After global banks, including UK-based HSBC and Barclays, walked away, the …
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The $1.4 Trillion Paradox: Is OpenAI’s Bigger Risk Too Much Cost or Not Enough Compute?
by admin477351OpenAI is built on a $1.4 trillion paradox. To investors, the company’s massive spending commitment on AI infrastructure is a terrifying liability, a cash bonfire that dwarfs its revenues and …
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Citing “severe competition” and unfair market conditions, American companies are aggressively petitioning the US government for a massive expansion of import tariffs. In an 11-page plea to the Commerce Department, …
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While headline figures show UK house prices hitting a new record of $pounds$299,862, experts warn that this success masks a significant “stretch” for prospective buyers. The 0.6% price rise in …
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The UK’s biggest banks look set to avoid a fresh tax rise in this month’s budget, following reports that Chancellor Rachel Reeves wants to protect the sector’s competitiveness and maintain …