Google, OpenAI and Anthropic back £100m UK AI biosecurity lab

The lab will use AI to detect and monitor biological threats, bringing together some of the world’s largest AI developers as ministers seek to strengthen Britain’s defences. OpenAI and Anthropic will provide up to £200m…

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Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home

The German brand's chief executive, Gernot Döllner, joined Trump on stage at a campaign rally on Saturday night to announce the factory in Macon, Georgia , in an unusual move by a big European brand just days before the…

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Oxford Street goes traffic-free as Sadiq Khan launches pedestrianisation

Almost a kilometre of the famous shopping street, between Orchard Street near Selfridges and Great Portland Street, has closed to vehicles from Monday, ending decades of failed attempts to pedestrianise the West End…

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Interest rates unlikely to reach 4.75% by next summer, say City economists

According to market-implied interest rate expectations, the Bank is likely to raise interest rates at least four times over the next year, lifting the bank rate from 3.75% today to 4.75% by the end of July, and possibly…

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US military gives Elon Musk’s SpaceX access to sensitive tracking data

The access also raises new national security questions, industry observers say. The move comes after Musk's Doge in 2025 fired many of the federal government's nascent space traffic control program's staff, and the…

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Healey to unveil billions in defence spending as Tories demand he resign

The chancellor is expected to channel additional funding through the National Wealth Fund and British Business Bank, backing British defence manufacturers and military technology firms while seeking to boost domestic…

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Healey’s startup adviser quits ahead of Budget over ‘sideshow’ treatment of entrepreneurs

“Keeping scale-ups on the fringes underestimates the contribution of our greatest companies, and we need to support and develop them on British shores at all costs”, she told The Sunday Times. “We treat them as a bit of…

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Retail leads the way on paternity leave as government urged to improve offer

The food and clothing retailer increased its paternity leave offering from two to six weeks at full pay in 2024, meaning Erskine benefited from the new policy when his second child was born 17 months ago. M&S and Tesco…

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Burnham sparks Brexit row over return to EU free movement

The backlash follows an interview with The Sunday Times in which Burnham called for an “honest discussion” about restoring free movement, arguing that immigration patterns had changed since Britain left the EU. “Freedom…

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Bust companies revived in ‘phoenix’ deals more likely to fail again, study finds

The study is the latest to raise questions about the practice of " phoenixism " – accounting's controversial art of liquidating companies to allow directors to return with a new entity, free of debts. The process tends…

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