Category: Business

Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc

Policy U-turns could define her stint at No 11 despite many sure-footed advances on devolved spending to help kickstart growthAn air of unreality settled on a Westminster conference room last week, as Rachel Reeves, upbeat in a...

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Billions spent and hypothetical returns: the AI boom explained with six charts

Expenditure is growing fast and consumer take-up accelerating. But alarm bells are sounding The race is very much on. Elon Musk’s SpaceX, which makes AI models as well as space rockets, announced last week it is seeking a...

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BA boss warns costly aviation taxes and rail tickets are stunting UK growth

UK lagging behind rivals on tourism growth because of travel costs and lack of joined-up planning, says CEO Sean DoyleThe cost of travel to and around the UK is keeping millions of tourists away and slowing economic growth, the...

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Tax-break trees: how woodland became a store of wealth for the rich

Attempt to turn a stretch of the English-Scottish border into a commercial forest exposes threat to habitats from wealthy investorsOn the English-Scottish border a small species of butterfly, the northern brown argus, has fended...

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Thames Water should be nationalised, says Andy Burnham

Exclusive: Labour’s Makerfield byelection candidate advocates public ownership of water companies as he prepares for potential leadership bidThames Water should be nationalised, Andy Burnham has said, revealing public...

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UK government to pay £1.3bn to help fund Universal Studios theme park in Bedfordshire

Chancellor hails deal saying it will create tens of thousands of jobs in the construction, hospitality, creative and technology sectorsBusiness live – latest updateBritish taxpayers will provide £1.3bn in funding to...

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‘Catastrophic for creative industries’: Brexit barriers shut UK actors out of EU jobs

Casting shifts to EU talent as paperwork delays and visa limits make hiring British crews less viableFrom blacklists for UK passport holders to being asked to work illegally while on holiday, the plethora of extra costs and red...

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