California investigates Grok over AI deepfakes
The state attorney general urges xAI to take action over the “shocking” material as Musk denies the allegations. Read More
Reeves vows rail plan will go ahead, despite cynicism
The scheme will be delivered in phases, starting with upgrades to lines between Leeds, York, Bradford and Sheffield. Read More
China announces record $1tn trade surplus despite Trump tariffs
Beijing reported the largest-ever trade surplus at $1.19tn as China diversified its trade. Read More
Saks files for bankruptcy. What went wrong at the luxury retailer?
Saks Global, which owns Saks Fifth Avenue and Neiman Marcus, files for Chapter 11 bankruptcy protection, leaving questions about the luxury retailer’s future. Read More
UK secures record supply of offshore wind projects
The government says the projects will bring down bills but the Conservatives say it is locking in high wind prices. Read More
US approves sale of Nvidia’s advanced AI chips to China
Nvidia has been caught in a tug-of-war between the US and China as the countries compete for AI dominance. Read More
Chancellor ‘particularly concerned’ about pub business rates
Chancellor hints there will not be more support for other hospitality businesses to soften the impact of rate rises. Read More
Government drops plans for mandatory digital ID to work in UK
There will still be digital checks on those starting a new job, but people will not need to hold a digital ID. Read More
New Birmingham-Manchester rail link to be proposed
Previous plans for a high-speed rail line between the cities were scrapped by Rishi Sunak’s government. Read More
Income tax changes and mansion tax on £1m homes in Scottish Budget
Finance Secretary Shona Robison unveils the government’s tax and spending plans for the coming financial year. Read More