The UK economy grew a faster-than-expected 0.3% in November after a rebound in car production and a boost to the services sector. The Office for National Statistics (ONS) said the growth was driven by an increase in industrial output, helped by the return of production at Jaguar Land Rover facilities following a cyber attack on…
Bloomberg via Getty Images America is placing a strong emphasis on building its semiconductor industry. The United States said it has agreed to cut tariffs on goods from Taiwan by 15% in exchange for hundreds of billions of dollars in investment aimed at boosting domestic production of semiconductors. The Commerce Department said the island’s…
When South East Water (SEW) is in the news, the headlines don’t usually make for comfortable reading. Despite the challenges faced by the water and sewerage industry and its regulators, the sole water supplier, currently facing nationalisation demands, is demonstrating resilience in the face of supply chaos. It comes like this: 23,000 properties affected by…
AFP via Getty Images The world continues to see the construction of numerous massive data centres. Arvind Srinivas, the CEO of Perplexity, recently stated in a podcast that modest smartphones could eventually render powerful data centres obsolete. Speaking to host Prakhar Gupta, the AI chief argued that people will eventually use powerful, personalised AI tools…
The former P&O Ferries chief, once described as “Britain’s most hated boss”, saw his pay fall in his final full year in the job – but he still earned more than £600,000. Sky News can reveal that Peter Hebblethwaite was paid £622,000 in 2024, down from £683,000 a year earlier. The figure is included in…
The government has scrapped a plan to require workers to sign up to a new digital ID system to prove their right to work in the UK. Instead, Labour ministers say existing checks will go completely online by 2029, using documents such as biometric passports. The reversal is the latest in a series of U-turns…
A hostile takeover bid for media giant Warner Bros. Discovery (WBD) has intensified and entertainment conglomerate Paramount has taken legal action to force the release of financial data. Paramount Skydance, which owns film production company Paramount Pictures and TV network CBS, has filed a legal suit seeking to force WBD to tell shareholders how much…
