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The Latest Breaking News from FT

‘D-day was the final straw’: Sunak’s blunders ignite Tory party fury

Long-serving party members and MPs left aghast by unforced errors, poor strategy and a growing sense of resignation

The Guardian - UK

‘Real-life Martha’ from ‘Baby Reindeer’ sues Netflix for $170M over ‘biggest lie in television history’

Fiona Harvey claims she has been unable to leave her home after being falsely accused of stalking through the Netflix hit.

Fortune

Jamie Dimon reportedly up for a knighthood in the U.K. as part of Rishi Sunak's honors nominations

Former Google CEO, billionaire Eric Schmidt, is also reportedly in the running for an honor.

Fortune

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Gazprom faces decade-long journey trying to recover lost revenues from Ukraine war

State-owned Gazprom is unlikely to recover its export revenues until the mid-2030s thanks to European sanctions.

Fortune

‘Strong likelihood’ ECB is in dialling back phase, says Lagarde, after first rate cut since 2019 – as it happened

European Central Bank lowers borrowing costs for first time in almost five years, but won’t pre-commit to further cuts

The Guardian - UK

Campaign catchup: Fake figures, stealth taxes and a speeding Lib Dem

In today’s newsletter: The day after Sunak’s dubious £2,000 tax bomb, debate punditry is getting out of control

The Guardian - UK

Hedge funds paying for 'literally insane' short on U.K. stocks

Hedge funds have been caught off guard by sudden valuation jumps as companies eye cheap U.K. stocks.

Fortune

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JPMorgan will play more 'Moneyball' as the Wall Street giant expands use of an AI tool to help portfolio managers 'correct for bias'

The AI tool is designed to show users “how they and the market have behaved in similar circumstances and helps them correct for bias and improve their process.”

Fortune

Ofwat considers cutting sewage fines for financially struggling water firms

Regulator understood to be looking at ‘recovery regime’ for Thames Water and others in sector

The Guardian - UK

ONS dealing with 20% staf exodus weeks after facing strikes over return to office orders

Headcount has dipped at the ONS at the same time as the stats body fights with staff over office attendance.

Fortune

BHP walks away from £39bn pursuit of Anglo American; Royal Mail agrees to £3.57bn takeover by Czech billionaire Daniel Křetínský – as it happened

Royal Mail’s parent company IDS agrees takeover offer but BHP’s pursuit of Anglo fails

The Guardian - UK

'Bond King' Bill Gross warns Trump would worsen deficits and be 'more disruptive' for the bond market than Biden

"Trump is the more bearish of the candidates simply because his programs advocate continued tax cuts and more expensive things."

Fortune

Thursday briefing: How a day of fevered general election speculation unfolded

In today’s newsletter: From a drop in inflation, to Cameron’s cancelled sojourn to Tirana. Now can Rishi Sunak persuade people that being ‘back to normal’ is enough?

The Guardian - UK

The Scottish Government can't grow the economy within this Westminster system

This week, I address the lack of economic levers available to the Scottish Government as it seeks economic growth.

The National (Scotland)

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Evening Standard

Fintech firm pivots to porn and gambling

London fintech Curve completed a £133 million series-C funding round last year. How is it using the money to grow?

The Guardian - UK

We’ve got the talent and the tech. So why can’t Britain grow its own world-beaters?

Companies are deserting the FTSE because of a shortage of investment – but there is a solution

Fortune

Tesla chair says life-changing wealth boosts her independence as she blasts judge's critique of 'lackadaisical' oversight of Elon Musk—'That is crap'

“I had to look up that word . . . I will tell you, anybody who knows me, knows that I am not lackadaisical, now that I know what that word means."

Evening Standard

'Progress at last' - Sadiq Khan welcomes reports Government could pay for £1bn Euston HS2 tunnel

Rishi Sunak had pledged last year that the cost of the 4.5-mile tunnel would be covered by the private sector

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news in one place.

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Tom’s Hardware

Intel issues revenue warning after US revokes Huawei export licenses — further efforts to restrict China's access to AI chips

The U.S. government has revoked export licenses for select processors for PCs and smartphones — Intel and Qualcomm can no longer ship to Huawei.

The Guardian - UK

Danger and opportunity for news industry as AI woos it for vital human-written copy

With large language models needing quality data, some publishers are offering theirs at a price while others are blocking access

iMore

Apple's focus on AI technologies for iOS 18 and beyond sees it poach dozens of people from Google for a secretive lab in Switzerland

Apple's new focus on AI technologies appears to involve picking up former Google employees to staff a new lab in Zurich, Switzerland.

Evening Standard

Pinkflation: Financial Times subscription price more than doubles for loyal readers

Spy’s faith in Fleet Street was severely tested this week by an email from the City’s nearest equivalent to the Bible. The paper edition of the FT flutters daily through the letterbox of Spy Towers, providing 20-odd pages of news, opinion and even the odd review.

Kiplinger

What To Know About Alphabet's Rumored HubSpot Bid

Alphabet is talking to advisers about a possible takeover offer for HubSpot, according to media reports. Here's what you need to know.

TechRadar

Google Search could soon charge you for AI-powered results – and search engines might never be the same

This is all about balancing the benefits of AI against the revenue stream from adverts for Google.

Tom’s Guide

Google tipped to start charging users for AI search results — here's what we know

Google could charge for access to the Search Generative Experience that puts AI results at the top of a query.

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