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Fed’s Powell: Elevated inflation will likely delay rate cuts this year

Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates.

EducationApr 17, 2024

British digital bank Zopa expects no impact from FCA motor finance probe

LONDON, April 16 (Reuters) - UK digital bank Zopa says it welcomes regulatory scrutiny on Britain's motor finance industry but does not expect its business to be affected unless the scope of the watchdog's review is broadened.

FinanceApr 17, 2024

ABI launches new guide to help firms use AI responsibly

In response to the rapid growth of Artificial Intelligence (AI) and the developing regulatory framework, the Association of British Insurers (ABI) has convened experts to produce a guide to responsible AI innovation.

AIMar 29, 2024

Homemover mortgages plunge to 50-year low: UK Finance

Homemover loans tumbled by 26% to 251,000 mortgages last year compared to the previous 12 months, the lowest level since 1974, data from UK Finance shows. 

FinanceMar 29, 2024

British tech expert joins Microsoft AI unit

British tech guru Mustafa Suleyman has joined Microsoft to head a newly formed artificial intelligence (AI) unit called Microsoft AI. This unit is designed to focus specifically on Microsoft’s consumer products and research work.

Tech&ScienceMar 29, 2024

Crazy prices are putting Brits off traditional takeaway dish

Richard Piggot, Operations Director at Slim Chickens UK, who conducted the survey, points to social media for the rise in popularity of the American speciality, saying it plays ‘a crucial role in shaping food trends and influencing people’s culinary preferences.’

Lifestyle and EntertainmentMar 29, 2024

New regulations for schools in next stage of attendance drive

Every state school in England will now share their daily attendance registers across the education sector - including with the department for education, councils, and trusts in the next stage of the government’s drive to reduce pupil absence in school.

EducationMar 29, 2024

IHG opens Liverpool hotel in UK debut for Vignette Collection

IHG Hotels & Resorts has opened the first of its Vignette Collection of hotels in the UK, in Liverpool.

TravelMar 28, 2024

Siemens to build £100m R&D centre for the UK’s next-gen rail technology

Siemens Mobility has announced a £100m R&D centre in the UK while the Chancellor has promised a £360m package to boost British manufacturing in a series of pre-Budget announcements.

ManufacturingMar 28, 2024

British Ambassador Fenn acknowledge Pearson's effort in Trans National Education

British Ambassador to Nepal Rob Fenn has expressed appreciation to Pearson's effort in Trans National Education through the test like PTE in Nepal.

EducationMar 27, 2024
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