The government has clawed back £74 million from private firms accused of making “excessive profits” under multi-billion-pound asylum accommodation contracts — a figure that amounts to a tiny fraction of the £2.1 billion annual cost to taxpayers. The Home Office confirmed it had recovered the funds following a review into contracts covering more than 200 hotels housing around 32,000 asylum ...
The UK Government has announced more than £14 million in new funding to accelerate the commercial use of quantum technology across healthcare, defence, transport and energy, in a move it says will help power Britain’s next industrial revolution. The investment, unveiled on Friday at the National Quantum Technologies Showcase in London, marks a major milestone in the country’s National Quantum ...
Balnord, a new early-stage venture capital firm founded by the team behind Black Pearls VC, has announced the launch of Balnord Fund I, an oversubscribed €70 million vehicle dedicated to investing in frontier and dual-use technology startups across the Baltic Sea region. The fund, which is already on track to reach a final close of €100 million by mid-2026, aims ...
Elon Musk is poised to become the world’s first trillionaire after Tesla shareholders voted overwhelmingly to approve a record-breaking $1 trillion pay package for the electric carmaker’s chief executive. The vote, held at Tesla’s annual general meeting in Austin, Texas, saw investors chant “Elon, Elon” as the result was announced — signalling their confidence in Musk’s leadership despite criticism from ...
ITV has confirmed it is in talks with Sky over a potential £1.6 billion sale of its media and entertainment business, including its traditional TV channels and its streaming platform ITVX, in a move that could redefine the future of British broadcasting. The broadcaster said this morning that it was in “preliminary discussions” with Sky’s US parent company, Comcast, following ...
The Supreme Court cleared the way for the State Department to require people to state their biological sex on new or renewed passports, a victory for the Trump administration as it aims to tighten policies involving transgender people. The high court found in a 6-3 order temporarily greenlighting the policy that a lower court in Massachusetts had erred in blocking ...
Any optimism either side of the aisle had that the government shutdown could end this week appeared to fade on Capitol Hill, as Senate Democrats appear ready to hold out longer for a deal on expiring Obamacare subsidies. Senate Democrats left another long closed-door caucus lunch on Thursday, signaling a unified front as the shutdown entered its 37th day amid ...
Top Democrats emerged from a classified Capitol Hill briefing Wednesday expressing confidence in the intelligence behind recent U.S. strikes on suspected narco-trafficking vessels near Venezuela. But they also faulted the Biden administration for what they called a failure to confront Nicolás Maduro after Venezuela’s disputed 2024 election. The Office of Legal Counsel presented lawmakers with its written justification for a ...
Jeffrey A. Singer On November 6, President Donald Trump announced that the government will refrain from tariffs on Eli Lilly’s and Novo Nordisk’s imported products and active pharmaceutical ingredients and that Medicare and Medicaid will subsidize the use of their drugs. In exchange, the pharmaceutical companies will significantly cut prices for their GLP‑1 weight-loss medications, Zepbound and Wegovy. Medicare and ...
Over the past ten years, SEO has evolved from a technical tool into an intellectual discipline that combines analytics, user behavior psychology, and machine learning technologies. Search engines have learned to understand context, intent, and the tone of queries, which has changed the very nature of website promotion. If earlier success was determined by the number of links and the ...