UK AI Investment Boom: 'Phantom' Deals Exposed

A Guardian investigation reveals the UK's multibillion-pound AI drive relies on questionable investments, rented datacentres, and a 'supercomputer' site that remains a scaffolding yard.

UK AI Supercomputer Site Still a Scaffolding Yard

A promised hyperscale AI supercomputer in Essex remains a depot for scrap metal and pylons, raising questions about the UK's multibillion-dollar AI investments and the reality behind tech company narratives.

Bank of England to Cut 450 Jobs in Cost-Saving Drive

The Bank of England is set to reduce its workforce by nearly 450 staff members as part of a significant cost-cutting strategy, aiming to streamline operations and enhance financial efficiency amid economic pressures.

Walking Shoes Worn Out in 7 Months: Consumer Rights

A consumer's walking shoes deteriorated after just seven months, sparking a debate on fair wear and tear under Australian consumer law. Expert advice highlights rights to repair, replacement, or refund.

Odey Threatened Fund Shutdown to Block Board Ouster

Disgraced financier Crispin Odey threatened to 'shut down' his hedge fund if the board tried to remove him, as revealed in FCA court arguments ahead of his Upper Tribunal appeal against a £1.8m fine and industry ban.

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