X to comply with UK law over Grok deepfakes, Starmer says
The prime minister says he’s been told Elon Musk’s X is taking steps to make it’s in “full compliance with UK law.” Source: Original News
Category: Business
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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. Source: Original News
UK secures record supply of offshore wind
The government needs to significantly boost its capacity of offshore wind projects if it is to meet its clean power targets. Source: Original News
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. Source: Original News
China announces record trade surplus despite Trump tariffs
Beijing reported the largest-ever trade surplus at $1.19tn as China diversified its trade. Source: Original News
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. Source: Original News
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. Source: Original News
Government sets out plans for north of England rail investment
The scheme will be delivered in phases, starting with upgrades to lines between Leeds, York, Bradford and Sheffield. Source: Original News
Lidl to open 19 stores and create up to 640 jobs
The discount retailer says it is also investing about £43m in revamping more than 70 UK shops. Source: Original News
Monzo bank says issue affecting its mobile app resolved
A Monzo spokesperson said it had activated a back-up banking service after identifying issues affecting its app. Source: Original News