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Reeves to launch City ‘skills compact’ committing firms to retrain staff in AI

Exclusive: Plan to improve skills of thousands of financial sector workers to keep pace with tech revolutionChancellor Rachel Reeves is to announce a new City “skills compact” that will commit firms such as Barclays and Lloyds to retraining thousands of financial sector workers for the AI revolution.The financial services skills compact will be launched on

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IMF upgrades UK growth forecast as fears over impact of Iran war diminish

July update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7The International Monetary Fund (IMF) has upgraded its growth forecast for the UK, while leaving those for other G7 countries weaker or unchanged, amid hopes the economic impact of the Iran war may be less severe than feared.In

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‘It’s smoke and mirrors’: hope turns to fear in Scottish village chosen for AI datacentre

Suspicions grow in Lanarkshire that local people have been misled on supposed benefits of the huge developmentRevealed: landmark Scottish AI project has no prospect of meeting renewables promiseWhat are Britain’s AI growth zones and are the plans feasible or ‘complete bunk’?The promise was that a Scottish community would be transformed by massive investment and empowered

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Revealed: landmark Scottish AI project has no prospect of meeting renewables promise

Exclusive: Government and developers privately acknowledged Lanarkshire datacentre site had power provision ‘issue’‘It’s smoke and mirrors’: hope turns to fear in Scottish village chosen for AI datacentreWhat are Britain’s AI growth zones and are the plans feasible or ‘complete bunk’?A landmark AI development billed as delivering jobs and prosperity has misrepresented its plans to channel

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AI poses ‘Hiroshima’-style threat to humanity without global rules, says Cooper

Exclusive: Foreign secretary warns of combined risks of AI, climate crisis, irregular migration and foreign interferenceArtificial intelligence poses a “Hiroshima”-style risk to humanity if governments do not agree to curb how it is developed, the foreign secretary has warned.Yvette Cooper urged countries, including the US and China, to agree international rules for AI, telling the

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OpenAI’s apparent failure to visit key site raises questions over Stargate UK project

Exclusive: £20bn of ‘potential’ £30bn AI investment touted by UK ministers appears to have been hypotheticalIt was to be the biggest undertaking in Britain for OpenAI, the company behind ChatGPT. Stargate UK – a multibillion-pound UK datacentre project – would represent “a major step forward in the US-UK technology partnership”.But the plans were paused in

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UK parents warned over posting images of children amid AI sexual abuse fears

Exclusive: National Crime Agency and safety watchdog issue guidance amid rise in explicit material onlineAnalysis | AI prey: why watchdogs are telling parents to protect children from nudification appsThe UK National Crime Agency has recommended parents should not put photos of their children on public display online as part of landmark guidance to tackle the

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Lisa Nandy quits X over fears Musk-owned site pushes ‘abuse and misinformation’

Culture secretary says her department will stop using platform, citing concerns over far-right content fuelling violence and divisionThe UK’s culture and media department will stop using X because the site “now favours abuse and misinformation over meaningful debate”, Lisa Nandy has announced.The culture secretary’s department is the UK’s second to quit the Elon Musk-owned platform

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