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-
British EV tech start-up wins £800million to develop self-driving AI cars
via express.co.ukStartup Wayve will receive the $1.05bn investment from Japan's SoftBank as well as Nvidia and Microsoft. -
Hope for young home buyers – number getting keys recovers to 2010 level
via express.co.ukThe number you young people getting the keys to their own home fell continuously from 2000 through to 2015. -
What General Election could mean for your wealth - from stocks to tax and EFTs
via express.co.ukANAYLSIS: MoneyMagpie founder Jasmine Birtles assesses the financial landscape and how it could be affected by the General Election. -
Fun ways to make money with your family in the summer holidays
via express.co.ukMoneyMagpie dishes advice on how you can turn once-expensive summer holidays into a productive period. -
General Election 2024 and what it could mean for investors in the UK
via express.co.ukMoneyMagpie has explored the various factors voters will weigh up when voting in the General Election. -
Liquidation threat hangs over Ted Baker UK without licensing deal
via express.co.ukTed Baker's British operations will likely have to be liquidated if its rights owner Authentic Brands cannot reach a licensing deal with potential rescuers, administrators warn. -
King Charles banknotes set to enter circulation for first time on this date
via express.co.ukThe Bank of England will issue banknotes bearing the likeness of King Charles for the first time on Wednesday. -
Half of small business owners have to use savings for growth
via express.co.ukHalf of small business owners have had to raid their savings to fund their companies, according to research from Shawbrook Bank. -
UK's economic boom rapidly runs out of steam with growth set to peter out
via express.co.ukBritain's post-recession boom is petering out, with the economy returning to normal growth levels, new data are expected to show this week. -
Savings provider launches new account with 4.96% interest and earns 'excellent' rating
via express.co.ukThe savings account is currently offering a "market-leading" interest rate for two-year fixes. -
Did you pay for that? What is driving the massive rise in shoplifting?
via theguardian.comHigh streets across the UK are struggling with an epidemic of stealing. What’s behind this sudden crime wave and can anything be done to stop it?A man leaves a north London branch of Aldi carrying two bags of groceries that he did not pay for. He hadn’t planned to steal, but after becoming exasperated with the slowness of staff attending to the various glitches and alarms of the self-checkout system, and assuming it would go unnoticed, decides to just walk out the door.He crosses the -
Toby Jones praises ‘extraordinary dignity’ of Post Office accused
via theguardian.comActor, who played campaigner Alan Bates in TV drama, calls Horizon scandal a ‘Hitchcockian nightmare’ at Hay festivalThe post office operators prosecuted in the Post Office Horizon scandal have “extraordinary dignity” after living 20 years in a “Hitchcockian nightmare”, according to actor Toby Jones.Jones played Alan Bates, a former post office operator and leading campaigner for justice for staff wrongly blamed for accounting shortfalls caused by faulty softw -
‘The first TikTok election’: are Sunak and Starmer’s digital campaigns winning over voters?
via theguardian.comThe Tories and Labour are forking out more than ever on social media ads, but going viral isn’t easy. We speak to influencers and strategists about the messages and memesWhy would you hold an election in November? The question came from digital marketing guru Mike Harris and was asked in a message to his friend, Labour’s campaign manager, Morgan McSweeney, earlier this year. Digital advertising is more expensive in October and November because the internet is swamped with ads for Chr -
Europe must splash the cash (and seize it) to save 2024
via theguardian.comThere is still an expensive war to fight, and if EU and UK politicians insist on using taxpayer funds for it, there will be little left to spend on public servicesThere were hopes that 2024 would be a good year. Economists talked of a soft landing, by which they meant a solid rebound from last year’s high-inflation, high-interest shock. A drop in inflation would spark cuts to the cost of borrowing while trade expanded, unemployment stayed low, and household disposable incomes increased.Thi -
Why Labour must adopt radical new tax policies | Colm Murphy and Patrick Diamond
via theguardian.comThe Brown-era adage ‘Prudence with a purpose’ could be the way to obtain the economic stability that has eluded every UK government since the 2008 financial crisisKeir Starmer appears destined for Downing Street. Even so, as the election campaign rumbles on, his party will be challenged to articulate a compelling platform that secures not only the keys to Number 10 but also the economic stability that has eluded every UK government since the 2008 financial crisis. That will demand fi -
Sure, Google’s AI overviews could be useful – if you like eating rocks | John Naughton
via theguardian.comThe company that shaped the development of search engines is banking on chatbot-style summaries. But so far, its suggestions are pretty wildOnce upon a time, Google was great. For those who were online in 1998, history’s timeline bifurcated into two eras: BG (Before Google), and AG. It was elegant and clean: elegant because it was driven by a semi-objective algorithm called PageRank, which ranked websites according to how many other websites linked to them; and clean because it had no adve -
Starmer must introduce wealth tax after Labour wins election, top Blair aide says
via theguardian.comSenior adviser who worked for Tony Blair and Gordon Brown says there is an ‘urgent imperative’ for a new government to address wealth inequality in BritainA key New Labour adviser who worked for Tony Blair and Gordon Brown in Downing Street says there is an “overwhelming economic and ethical case” for Keir Starmer’s party to impose higher taxes on wealth if it wins the general election.Writing in the Observer Patrick Diamond, professor of public policy at Queen Mary -
Ticketmaster hit by data hack that may affect 560m customers
via theguardian.comCybercrime group ShinyHunters reportedly demanding £400,000 ransom to prevent data being soldTicketmaster has been targeted in a cyber-attack, with hackers allegedly offering to sell customer data on the dark web, its parent company, Live Nation, has confirmed.The ShinyHunters hacking group is reportedly demanding about £400,000 in a ransom payment to prevent the data being sold. Continue reading... -
Christie’s website hack shows how art world has become target for cybercrime
via theguardian.comAuction house hit by cyber-extortionist group RansomHub which claims to have sensitive information of at least 500,000 clientsA ransomware hack was the last thing the precarious fine art market needed – but that’s what it got when Christie’s website went down days before it began its all-important 20th and 21st century May auctions in New York.Guillaume Cerutti, CEO of the French-owned auctioneer, gently called the attack a “technology security incident”. Christie&r -
It’s the age of Swiftonomics – but will Taylor Swift’s phenomenal success trickle down?
via theguardian.comCan one record-breaking megastar make a difference for struggling musicians and new artists?Taylor Swift’s new album, The Tortured Poets Department, is not one of her best. Critics have complained about its exhausting length (31 songs, two hours), subdued tone and lyrical wound-rubbing. Her decision to announce it at the Grammy awards, months before its release on 19 April, was widely seen as tacky, snatching the media spotlight from other winners.For any other artist, this might be a peri -
‘More than my weekly wages’: London’s Paddington attraction and the growing cost of kids’ days out
via theguardian.comA family of four can pay £176 to see the latest immersive experience – one of many that is putting a strain on families hit by the cost of living crisisAs half-term drew to a close in England, families short on inspiration might have been grateful to learn of a new day out: on Friday, the Paddington Bear Experience opened its doors in London, promising a “unique and fun-filled interactive experience” spanning more than 2,400 sq metres (26,000 sq ft) and including themed r -
Donors raise $233,000 to give US cart pusher, 90, chance at retirement
via theguardian.comDillon McCormick, an air force veteran, had been supporting himself by pushing carts in Louisiana’s triple-digit temperaturesThousands of people have donated about a quarter of a million dollars to a 90-year-old US air force veteran who has been financially supporting himself by pushing shopping carts at a grocery store in sweltering Louisiana – and now has the option of retiring if he wants thanks to the strangers’ generosity.The story centers on Dillon McCormick, who is among -
Boeing’s largest plant in ‘panic mode’ amid safety crisis, say workers and union officials
via theguardian.comManagers in Washington accused of hounding staff to keep quiet over quality concerns, as employees point to union-bustingBoeing’s largest factory is in “panic mode”, according to workers and union officials, with managers accused of hounding staff to keep quiet over quality concerns.The US plane maker has been grappling with a safety crisis sparked by a cabin panel blowout during a flight in January, and intense scrutiny of its production line as regulators launched a string of -
Finding a job in Ireland is easy. Finding a place to live is the hard bit
via theguardian.comDublin does not seem a fair city to those who move there to work but can’t afford a home. Ireland’s coalition government says it is acting on housebuilding, but bosses and staff say it must try harderIreland’s economy is “absolutely booming,” says Stephen O’Dwyer, the founder and owner of Dublin’s Tang cafe/restaurant chain. “But it has left people facing a very unequal and difficult society to work in.”At the top of O’Dwyer’s con -
Everton assessing ‘all options’ after proposed 777 takeover falls through
via theguardian.comMoshiri can talk to new buyers after latest deadline missed‘The club will continue to operate as usual,’ insist ToffeesEverton say they are assessing “all options for the club’s future ownership” after 777 Partners’ proposed takeover fell through.The club’s owner, Farhad Moshiri, was tied into a period of exclusivity with the troubled US investment group until 31 May and could not enter into alternative discussions. But 777 Partners’ purchase agree -
Members only: are loyalty card discounts a good deal for UK consumers?
via theguardian.comThe number of retailers offering special prices for members has soared. We asks if the price cuts are as good as they seemWhether you are buying clothes, garden furniture or groceries this summer, it is hard to avoid getting caught up in the loyalty card fever sweeping the high street.Do you want to pay the “member price” of £15.99 for some on-trend denim Bermuda shorts (or “jorts”) at H&M, or stump up £21.99? Continue reading... -
‘Yes, Lego car!’: why small electric cars could be about to break the grip of SUVs
via theguardian.comThe 500kg Microlino is part of a new set challenging the ever-increasing domination of huge carsDriving through central London in a tiny Microlino electric car, barely visible between the hulking SUVs, it’s surprising to be the focus of so much attention. “Yes, Lego car!” shouts a scaffolder.Made by Micro, the family-owned Swiss company behind the mini-micro kick scooters, and modelled on the bubble cars that had a brief heyday in the 1950s, the two-seater is only 2.5 metres lo -
Energy bills: a fixed-price deal could save you £150 next winter
via theguardian.comOfgem’s price cap is likely to yo-yo over the next year – here’s how you could beat it by up to 12%Households struggling with near-£1,700-a-year gas and electricity bills that look set to seesaw over the coming months may want to consider a fixed-rate deal that could save them 12%, or £150, next winter.Last week, the regulator, Ofgem, announced the price cap that governs what most UK households pay will fall from an average of £1,690 a year to £1,56 -
Santander customers’ private data put up for sale for $2m by hackers
via theguardian.comShinyHunters stole information including bank and credit card numbers, as well as staff HR detailsHackers are attempting to sell confidential information including the bank and credit card numbers of millions of Santander customers to the highest bidder.ShinyHunters posted an advert on a hacker forum for the data, which it says also includes staff HR details, with an asking price of $2m (£1.6m). It is the same organisation that claims to have hacked Ticketmaster. Continue reading... -
Santander confirms '30 million customers hit by data breach' after 'hack'
via express.co.ukSantander Bank has confirmed that 'unauthorised access' to a customer database was detected after a hacking gang claimed to have stolen the details of 30 million customers.
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