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UK spends £100m on AI chip race

Study finds that some UK residents pay twice as much tax on their earned income as they do on capital gains.

The global economy is headed for turbulent times

Saudi Arabia is after Britain’s military treasure

Ryanair revenue increases by £18 billion pounds thanks to airline baggage fees and other add-on charges

Welsh sports car factory built with taxpayers’ money still vacant 12 months after renovation

Robot chef from Ocado sold at pennies a pound

China to reduce lending rates as the economic recovery drags

China calls on Brics to be a geopolitical rival of G7

Hunt’s tax-cutting dreams are shattered as bond yields soar to 2008 levels

ITM, a manufacturer of hydrogen equipment, hails “tangible progress” on recovery

BAE buys Ball’s Aerospace business for $5.6bn

US abandons effort to include anti-whaling clause in Indo-Pacific Pact

Top Google AI experts select Japan for their own AI development

Walmart sales increase as inflation drives consumers to bargains

UK corporate profitability remains stable despite ‘greedflation’ claims

Global investors dump Chinese securities as state support hopes fade

Shares of Adyen, a payments group, plunged almost 40% following disappointing profits