57 m. ago The 'growth deals' promising mass employment and huge investment in Wales that simply don't deliver

A growth deal for Cardiff agreed almost a decade ago set the target of creating 25,000 new jobs but so far just 1,500 have come to fruition

Economics

17 h. ago Google announces £5bn AI investment in UK before Trump visit

Rachel Reeves says move is a ‘vote of confidence’ in British economy as she prepares to open firm’s first UK datacentreBusiness live – latest updatesGoogle has said it will invest £5bn in the UK in the next two years to help meet growing demand for artificial intelligence services, in a boost for the government.The announcement, which comes as Google opens its new datacentre in Waltham Cross in Hertfordshire, is expected to contribute to the creation of thousands of jobs, the US tech company said. Continue reading...

Economics

42 h. ago UK and US line up string of deals to build modular nuclear reactors in Britain

Agreements include plan to build 12 reactors in Hartlepool with Centrica, creating 2,500 jobs, and fast-tracking UK and US safety checksLabour’s plans for a massive expansion of nuclear power have been given a boost with a string of transatlantic deals for new modular reactors announced before Donald Trump’s visit.The UK and US governments have promised to fast track safety checks, and announced several new private sector investment deals, with Labour emphasising the potential benefits for jobs and growth. Continue reading...

Economics

42 h. ago The SNP 'should change stance' on nuclear energy to boost Scottish job creation

The nuclear energy industry’s representatives say the Scottish Government should change its stance on nuclear energy to grow the economy and create jobs.

Events

42 h. ago ED MILIBAND: 'Golden age of nuclear will create jobs and protect Brits from energy shocks'

Energy Security Secretary Ed Miliband says 'families and businesses continue to pay a heavy price for our exposure to fossil fuel markets controlled by dictators like Putin'

Events

4 d. ago Britain’s biggest company AstraZeneca pauses £200m investment into Cambridge site

The investment had been set to create 1,000 jobs

Economics

5 d. ago How thousands of ‘overworked, underpaid’ humans train Google’s AI to seem smart

Contracted AI raters describe grueling deadlines, poor pay and opacity around work to make chatbots intelligentIn the spring of 2024, when Rachael Sawyer, a technical writer from Texas, received a LinkedIn message from a recruiter hiring for a vague title of writing analyst, she assumed it would be similar to her previous gigs of content creation. On her first day a week later, however, her expectations went bust. Instead of writing words herself, Sawyer’s job was to rate and moderate the content created by artificial intelligence.The job initially involved a mix of parsing through meeting notes and chats summarized by Google’s Gemini, and, in some cases, reviewing short films made by the AI. Continue reading...

Politics

7 d. ago UN chief argues that investing in fighting poverty instead of wars would make a more secure world

The United Nations chief is warning that soaring global military expenditures are reducing essential investments in health, education and job creation and don’t guarantee peace

Events

7 d. ago RAF Scampton unsuitable for asylum use and must have ‘positive’ future – council

West Lindsey District Council says it remains ready to help deliver a regeneration plan for the former air base, creating thousands of jobs.

Events

7 d. ago Work starts at Glasgow transformation project set to create more than 170 new jobs

Work on the latest phase of a transformative regeneration programme to connect Sighthill with the heart of Glasgow is set to create more than 170 new jobs.

Politics

7 d. ago Anglo American agrees mining mega merger; Londoners face commuting struggles as tube strike enters second day – business live

Deal will create $53bn mining giant but raises fears of job cuts as headquarters moves to VancouverIn the markets, the FTSE 100 index has edged 0.2% higher while Germany’s Dax gained 0.15% and Italy’s FTSE MiB rose by 0.5%.France’s CAC climbed by 0.7%, despite political turmoil in the country. French president Emmanuel Macron is seeking his fifth prime minister in less than two years, after centre-right PM François Bayrou was ousted in a confidence vote on Monday, as expected. This toppled his minority government.A quiet Monday masks a big week ahead for US markets, with the Nasdaq hitting an all-time high as tech and retail led a modest rebound. The S&P 500 added 0.5%, while the Russell 2000 lagged after its recent run. Treasury yields continued their descent, with the 10-year near 4%, its lowest in five months, and the 2-year hovering around 3.5%, levels last seen in 2022.Markets are fully priced for a 25bps cut [from the Fed] this month, and expect more to come. With PPI, CPI...

Events

7 d. ago Motor financing platform CarMoney to create up to 40 jobs at Lanarkshire academy

“By growing the academy, we are building the next generation of specialists who will drive both our business and the wider industry forward” – Alastair Grier, CEO

Economics

9 d. ago 'I'm too hot to get a job – employers can't see past my curves'

Busty Alê Gaúcha, 21, says her curves have drawn more attention than her qualifications after failing to land a job as a nanny so turned her hand to creating adult content

Society

1 week ago FCA ‘focused on proportionate and workable’ motor finance solutions

FCA chief executive Nikhil Rathi said the body recognised the record keeping challenge for some firms.

Economics

2 w. ago Five takeaways from ‘world class’ Universal Studios theme park planned for UK

Bosses promise thousands of jobs will be created with millions of visitors

Politics

2 w. ago Glasgow shipyard to build Norwegian navy warships in £10bn deal

The contract is expected to support and create thousands of jobs over the next decade.

Economics

2 w. ago Major supermarket to create hundreds of jobs after huge new warehouse investment

One of the UK's leading supermarkets is set to create hundreds of new jobs after investing over £400 million in its logistics infrastructure, which sees the development of a new warehouse

Society

2 w. ago Staff at Edinburgh Napier University facing up to 70 job cuts

The Principal of Edinburgh Napier University has announced up to 70 job cuts as the institution aims to create a financial surplus

Politics

2 w. ago Lidl creates 500 new UK jobs after £435million investment for expansion in Leeds and London

A new warehouse is being built at Gildersome, while the retailer has just completed a major upgrade of its Belvedere site in London.

Economics

2 w. ago UK supermarket to create hundreds of jobs after £435m investment

Chancellor Rachel Reeves praised the supermarket chain’s expansion as a ‘vote of confidence’ in the UK

Economics