News

UK invests £36 million to expand AI supercomputing at Cambridge

The UK Government has pledged £36 million to upgrade the University of Cambridge’s DAWN supercomputer, aiming to expand access to…

Chery accelerates UK push with fourth brand, Lepas, targeting electric and hybrid SUVs

Chinese state-owned carmaker Chery is expanding its presence in the UK with the launch of a fourth brand, Lepas, aimed…

Santander Faces Rising UK Compensation Bill Amid $12 Billion US Takeover

Santander has renewed its criticism of UK regulators as its compensation bill for the motor finance scandal climbed above £460…

One Million Taxpayers Miss Self-Assessment Deadline, Face Automatic Penalties

Around one million people missed the deadline to submit their self-assessment tax returns for the 2024–25 tax year, HM Revenue…

FTSE 100 Hits Record High as Strong Dollar Offsets Commodity Slumps

London’s FTSE 100 closed at a fresh record high on Wednesday, as a strengthening US dollar countered sharp declines in…

UK Unemployment Forecast to Hit Five-Year High as Tax Increases Begin to Bite

UK unemployment is expected to rise to its highest level in five years in 2026 as previously announced tax increases…