When ministers and tech executives hailed Microsoft’s £22 billion UK investment package, one project stood out from the dense jargon of “compute capacity” and “data infrastructure”: Stargate UK. The name might sound like a science fiction franchise, but Stargate UK is in fact Britain’s most ambitious supercomputing initiative to date — a programme designed to provide the raw computing power ...
Lynn Forester de Rothschild is preparing to sell her 20 per cent interest in The Economist, paving the way for the most significant change in the 182-year-old publication’s ownership since 2015. The British-American financier, 71, has appointed investment bank Lazard to oversee the process, which remains at an early stage. The stake, made up of voting shares, could fetch as ...
Inflation in the UK remained stuck at 3.8% in August, the highest level in 19 months, reinforcing expectations that the Bank of England will keep interest rates unchanged when it announces its latest decision tomorrow. The Office for National Statistics (ONS) confirmed on Wednesday that consumer prices rose at the same pace as in July, broadly in line with forecasts ...
Susie Ma, the former Apprentice finalist who went on to build one of Britain’s biggest independent beauty brands, has rewarded herself with a £20 million payday after a stellar year for her Tropic Skincare business. The 36-year-old entrepreneur, who bought back Lord Sugar’s 50 per cent stake in 2023, paid herself dividends totalling £18.2 million in 2024, with a further ...
Microsoft has unveiled its largest ever UK investment, committing £22 billion over the next four years to build Britain’s biggest artificial intelligence supercomputer and expand its data centre network. The announcement, timed to coincide with President Trump’s state visit, dwarfs other Big Tech pledges and forms the centrepiece of £31 billion in new US-led tech investment. Half of Microsoft’s spend ...
Challenges are not just obstacles; they are opportunities waiting to be unlocked. Businesses are under pressure to adapt to shifting markets, evolving customer needs and emerging technologies. Those that succeed often do so by leveraging smart platforms designed to streamline processes, enhance decision-making and drive innovation. From Problems to Possibilities Every challenge presents a chance to think differently. Rising operational ...
The Social Security Administration is pushing back against Sen. Elizabeth Warren, D-Mass., after she accused the agency of removing key data and covering up dysfunction. In a Sept. 16, 2025 letter and data report shared exclusively with Fox News Digital, SSA Commissioner Frank J. Bisignano claimed Warren’s analysis was inaccurate. He said the agency is more transparent and performing better ...
Britain’s entrepreneurial spirit remains strong, with 84 new companies launched every hour in the first half of 2025, according to fresh analysis from SME lender iwoca. The annual Business Hotspots report, which draws on Companies House data, found that more than 363,000 businesses were registered between January and June 2025. However, this marked a 21% fall compared with the same ...
French deeptech specialist Cailabs has raised €57 million in fresh funding to accelerate its industrial expansion and cement its position as a global leader in laser communications. The financing round, announced in Rennes today, was led by the European Investment Bank (EIB), which contributed €37 million, alongside €20 million from investors including Definvest and Fonds Innovation Defense (the French Armed ...
Democrat Sen. Mazie Hirono of Hawaii clashed with FBI Director Kash Patel during a heated Senate Judiciary Committee hearing on Tuesday, questioning agency firing and counterterrorism priorities and even calling the bureau’s physical fitness requirements ‘harsh’ for applicants. In an exclusive statement to Fox News Digital, Patel said, ‘Americans expect their FBI agents to be capable, resilient and ready to ...