Texas senator drops push to name highway after Trump after president backed his primary foe
John Cornyn says he is looking forward to โworking in the private sectorโ once his term ends in January
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John Cornyn says he is looking forward to โworking in the private sectorโ once his term ends in January
Fears are growing that AI developments are threatening the future of Ireland's lucrative tech sector and the capital's glitzy social media hub.
The Middle East is Japanโs main source of crude oil, from which naphtha is extracted and used to make items including printing ink and plastics Takeaways, supermarkets, and bakeries in Japan are running out of plastic bags, trays and food service gloves amid widening shortages of the key plastic ingredient, naphtha, due to the Middle East crisis. The food sector accounts for nearly one-third of Japanโs annual plastic use of more than 8m tonnes, and price rises and shortages are hitting hard across the industry and beyond. Some outlets have begun offering perks to customers who bring their own bags, plates or containers. Continue reading...
In a stark speech today, Rain Newton-Smith, chief executive of the business lobby group, will insist that Britain's private sector cannot take any more cost pressures.
Labour originally said the sector would shrink by only 37,000 pupils in the long run as a result of the policy - but this may now turn out to be an underestimate.
Chancellor hails deal saying it will create tens of thousands of jobs in the construction, hospitality, creative and technology sectors Business live โ latest update British taxpayers will provide ยฃ1.3bn in funding to help the Hollywood studio giant Universal build its first theme park in Europe. Comcast, the US media company that owns NBC Universal and Sky, had been considering a number of countries in which to build its first European theme park. Continue reading...
People working in the private sector typically receive only two to four weeks on full pay, with almost a third on statutory sick pay alone.
Successor to Nicholas Serota from August picks out AI as one of the major challenges facing the sector The media executive Dawn Airey has been appointed chair of Arts Council England (Ace) and has immediately identified AI as a key challenge facing the sector. Airey, whose CV includes top jobs at ITV, Channel 5 and Sky, will replace Nicholas Serota, whose tenure coincided with one of the most challenging times for the arts in recent memory. Continue reading...
A surprising romance is set against a backdrop of climate crisis, political instability and corporate corruption in this bleak but witty novel Rosa Rankin-Gee follows her 2021 near-future climate-crisis dystopia, Dreamland, with a similar but more politically focused work. As I read My Only Boy, I kept having to remind myself that the nation it describes is not (yet) real, because, for a reader living abroad, the novelโs England seems unnervingly close to what might come next. Any political dystopia risks being overtaken by reality, but in this case the gap between truth and fiction feels claustrophobic. At the beginning of the novel, Elle is at a party held to mourn that dayโs election of a far-right populist government. Sheโs the communications director for the almost too brilliantly named Gigr, a company connecting people seeking immediate shift work with businesses offering it. Elle is freshly upset by witnessing and immediately containing the reputational damage of a workerโs jump from a balcony. She knows how to do this, because โweโd had a death every four weeks, then every three weeks, then every twoโ: exhausted, starving people taking underpaid shifts from Gigr after finishing public sector jobs that no longer pay enough for survival. Almost everyone, in this slightly more desperate, divided and unfair nation, ends up doing some work for Gigr sooner or later, to buy faster access to emergency healthcare or food for crisis-stricken family, and Gigr has algorithms to ensure that each person is paid the least their particular circumstances oblige them to accept. Continue reading...
Canada prime minister urges greater economic cooperation between the two countries in speech delivered in New York Canadaโs prime minister, Mark Carney has called for a new relationship with the United States to โhelp make America great againโ. In a speech delivered in New York on Thursday, Carney said that there should be a โtrue partnershipโ that re-imagines cooperation in specific sectors challenged by global competition. Continue reading...
Former UK PM demands modernization, and right wing party channels inner Musk to call for mass job cuts in public sector
Welfare advocates say that while the reforms are a step in the right direction, the privatised employment services model has failed and should be torn up Get our breaking news email, free app or daily news podcast Mutual obligations will be different for every welfare recipient, the employment minister, Amanda Rishworth, says, signalling an end to jobseekers being forced to submit โendlessโ applications for roles they may not be qualified for. But welfare advocates and a key trade union have said Laborโs employment system changes donโt go far enough and fall short of the reform needed to the failure-plagued sector โ they have called for an end to the privatised job services model, which Rishworth admits is not providing enough help. At the lower level, a digital service with โindividualised resources and brief interventionsโ for people who are work-ready but need help finding the right job fit; a โtargeted provider-ledโ stream to help people build skills and confidence to gain employment; and at the upper end, more intensive services for people with complex requirements, who will be given more time, flexibility and support to build their confidence and capabilities. Continue reading...
Exclusive: Former PM says changes to tax rates are โso marginal that no entrepreneurial initiative is likely to be thwartedโ Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Paul Keating has urged Labor to stick to its guns on controversial changes to capital gains tax, warning that exempting commercial assets from the changes would further โdistortโ the economy. Small business and the startup sector are fighting the Albanese government over its plans to shift the 50% capital gains tax discount to an inflation-based model, part of a suite of tax reforms announced in this monthโs federal budget. Continue reading...
Labour MP writes to chair amid concerns building societies are overusing quick votes and failing to add members to boards Nationwide is under pressure to address โemerging governance issuesโ across the building society sector, amid concerns bosses are bundling voting options and failing to allocate board seats for members. The Stockport Labour MP Navendu Mishra has sent a formal letter to the chair of Nationwide, Kevin Parry, outlining growing unease over the way executives, including at Nationwide, have been engaging with members who ultimately own their building societies. A letter raising similar concerns was sent to the chancellor, Rachel Reeves, in recent weeks. Continue reading...
Chancellorโs measure to help families save money during summer holidays โwonโt make any differenceโ Cutting tax on childrenโs meals is a political โsoundbiteโ that will make little difference to families or businesses, restaurateurs have said. This week, Rachel Reeves, the chancellor, announced a temporary reduction in VAT on the childrenโs menu in restaurants from 20% to 5% between June and September, in order to help families with the cost of living crisis and offer a boost to the hospitality sector. Continue reading...
State-owned operator loses confidence in delayed traffic management system as politicians compare Irelandโs latest public-sector IT fiasco to 'Groundhog Day'
The trial in Oakland, California has helped lift the veil on the AI sector - and the huge egos of the men at the heart of it.
The Prudential Regulation Authority (PRA) has today published its supervisory priorities for 2026, outlining in a letter its sector-specific priorities for the coming year to all banks, building societies, insurers and other PRA-regulated firms.