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Government shelves £1.3bn UK tech and AI plans

Government shelves £1.3bn UK tech and AI plans Getty Images Zoe Kleinman Technology editor, BBC News 31 minutes ago The new Labour government has shelved £1.3bn of funding promised by the Conservatives for tech and Artificial Intelligence (AI) projects, the BBC has learned. It includes £800m for the creation of an exascale supercomputer at Edinburgh… Continue reading Government shelves £1.3bn UK tech and AI plans

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CrowdStrike sued by shareholders over global outage

CrowdStrike sued by shareholders over global outage Reuters João da Silva Business reporter 18 minutes ago CrowdStrike is being sued by shareholders after a faulty update by the cybersecurity firm crashed more than eight millions computers and caused chaos around the world. The lawsuit accuses the company of making “false and misleading” statements about its… Continue reading CrowdStrike sued by shareholders over global outage

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We’ll have to increase taxes, says Reeves

We’ll have to increase taxes, says Reeves Getty Images Mitchell Labiak Business reporter, BBC News Tom Espiner BBC business reporter 30 July 2024 Comments Updated 2 hours ago The chancellor has said the government will have to raise some taxes in October’s Budget after months of speculation about Labour’s stance on tax. “I think we… Continue reading We’ll have to increase taxes, says Reeves

Microsoft apologises after thousands report new outage

Microsoft apologises after thousands report new outage Reuters 13 minutes ago Technology giant Microsoft has apologised after thousands in the UK reported issues with its products, ranging from email service Outlook to the hit game Minecraft. Downdetector, which tracks websites, showed thousands had reported problems on Tuesday afternoon. The incident comes less than two weeks… Continue reading Microsoft apologises after thousands report new outage

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Reeves defends move to scrap winter fuel payments

Reeves defends move to scrap winter fuel payments Getty Images Tom Espiner BBC business reporter 30 July 2024, 08:40 BST Updated 33 minutes ago Chancellor Rachel Reeves has defended her decision to scrap winter fuel payments for around 10 million pensioners. She told the BBC she had found a “black hole” in the public finances… Continue reading Reeves defends move to scrap winter fuel payments

Winter fuel payments scrapped for millions

Winter fuel payments scrapped for millions UK Parliament/PA Mitchell Labiak & Faisal Islam Business reporter & economics editor, BBC News 29 July 2024, 16:32 BST Updated 10 minutes ago Around 10 million pensioners will lose their winter fuel payments, under new plans announced by the chancellor. Rachel Reeves said those not on pension credit or… Continue reading Winter fuel payments scrapped for millions

Chris Mason: Politics roars back in blame game over funding

Chris Mason: Politics roars back in blame game over funding Reuters Chris Mason Political editor @ChrisMasonBBC 29 July 2024, 03:44 BST Comments For the first time since the general election, party politics will come roaring back at Westminster on Monday. Yes, there was a bit of it at the State Opening of Parliament a few… Continue reading Chris Mason: Politics roars back in blame game over funding

Labour accuse Tories of ‘cover up’ over public services

Labour accuse Tories of ‘cover up’ over public services PA Media Sam Francis Political reporter @DavidSamFrancis 42 minutes ago Labour have accused the Conservatives of “covering up” the scale of problems in the public sector, creating a multi-billion pound gap in department budgets. Environment Secretary Steve Reed told the BBC’s Sunday with Laura Kuenssberg programme… Continue reading Labour accuse Tories of ‘cover up’ over public services