Economics

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FCA deal gives Palantir yet more access to inner workings of power in Britain

Contract affords AI analytics firm access to trove of data on one of the most important financial centres in the worldPalantir extends reach into British state as it gets access to sensitive FCA dataPalantir’s latest UK contract takes the AI and data analytics company into the heart of one of Britain’s biggest industries: financial services, […]

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Prolonged high oil prices could ‘crimp’ AI boom, WTO warns

Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report saysBusiness live – latest updatesAn extended period of high oil prices as a result of war in the Middle East could “crimp” the AI boom, the World Trade Organization’s chief economist has warned.The war and its

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Starmer says Tory shadow minister should be sacked for criticism of Muslims praying in Trafalgar Square– UK politics live

Nick Timothy said an event attended by the mayor of London that included prayers was an ‘act of domination’Polanski says the government should be doing more to improve home insulation, and on the drive towards renewable energy.And he says the government should commit to ensuring energy bills do not rise above the April-June price cap.The

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Keen bosses, strange mistakes and a looming threat: workers on training AI to do their jobs

Some say the technology is devaluing their work, while others reckon it is not yet – and might never be – good enough to replace them entirelyWorkers grappling with the rapid growth of artificial intelligence have said they feel “devalued” by the technology and warned of a downward trajectory in the quality of work.Recent analysis

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‘A feedback loop with no brake’: how an AI doomsday report has rattled markets

Scenario posted on Substack envisages a near-future in which autonomous systems upend the entire US economyUS stock markets have been hit by a further wave of AI jitters, this time from yet another viral – and completely speculative – warning about the impact of the technology on the world’s largest economy.The latest foreboding is from

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If AI makes human labor obsolete, who decides who gets to eat?

Amid talk of artificial intelligence taking our jobs, the big unasked question is: how will we be fed?How will we be fed? That’s the biggest question not seriously being addressed amid all this talk about whether or not artificial intelligence will end up taking over all of our jobs.Formidable though the technology appears, similar fears

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US economic growth slowed in fourth quarter of 2025 amid government shutdown

GDP grew 1.4% last quarter, down from economists’ forecast of 3%, though AI and tax cuts could boost growth this yearBusiness live – latest updatesUS economic growth slowed more than expected in the fourth quarter amid disruptions from last year’s government shutdown and a moderation in consumer spending, but tax cuts and investment in artificial

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Retailers in UK plan to cut staff hours and jobs amid rising employment costs

BRC survey finds finance bosses expect technology to improve productivity, with 69% pessimistic about the economyUK retailers are planning to cut staff hours and jobs amid rising employment costs and pessimism about the economy.Almost two-thirds (61%) of finance bosses at retail companies said they planned to reduce working hours or cut overtime, according to the

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Countries that do not embrace AI could be left behind, says OpenAI’s George Osborne

Without AI you will be a ‘weaker and poorer nation’, says former UK chancellor two months into job at US firmThe former chancellor George Osborne has said countries that do not embrace the kind of powerful AI systems made by his new employer, OpenAI, risk “Fomo” and could be left weaker and poorer.Osborne, who is

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Alibaba Qwen is challenging proprietary AI model economics

The release of Alibaba’s latest Qwen model challenges proprietary AI model economics with comparable performance on commodity hardware. While US-based labs have historically held the performance advantage, open-source alternatives like the Qwen 3.5 series are closing the gap with frontier models. This offers enterprises a potential reduction in inference costs and increased flexibility in deployment

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