HM Revenue & Customs has calculated that in the 2020-21 financial year, £1.1 billion was taken due to fraud and mistakes from two separate programs targeting both larger and smaller companies. The tax authority has acknowledged that a quarter of ...

James Cleverly, the UK Foreign Secretary will today chair the first ever UN Security Council (UNSC) session on Artificial Intelligence (AI). Taking place in the Security Council Chamber in New York, the high-level briefing will discuss the potential implications of ...

Transport & Environment’s research results suggest that smaller cars could reduce the requirement for raw materials such as lithium, manganese, cobalt and nickel by almost a quarter. Smaller cars could ease the demand for battery materials such as cobalt, lithium, ...

The train drivers’ union Aslef has announced another week of summer industrial action as its members started a third week-long national overtime ban in England on Monday morning, spelling more disruption for passengers. Aslef said there would be a further ...

Business owners are being urged to wait and see before signing up to the new social network Threads in case they get tangled up in pursuing a strategy that does nothing to serve their interests. UK marketing agency JDR Group, ...

Twitter continues to lose money as a result of its advertising revenue falling by almost half and the effects of a heavy debt load, Elon Musk has confirmed. The billionaire tycoon, who acquired the social media platform in a $44 ...

BEIJING – China is entering an era of much slower economic growth, raising a daunting prospect: it may never get rich. Whether the world’s second-largest economy chugs ahead at 3-4% annually or flirts, as some economists expect, with Japan-like “lost decades” of ...

Coinbase Chief Executive Brian Armstrong will meet privately with a group of US House of Representatives Democrats on Wednesday morning and plans to make remarks on the future of digital asset legislation. The meeting comes as Coinbase and Binance – two of the world’s largest crypto exchanges – are grappling ...

SEOUL – South Korean President Yoon Suk Yeol said on Tuesday a new nuclear consultative group between South Korea and the United States would be a “starting point” to build a strong and effective deterrence against North Korea. Officials from the United States and South Korea ...

China’s President Xi Jinping told former Philippine President Rodrigo R. Duterte to continue to promote cooperation between the two countries, after bilateral relations cooled with Duterte’s successor seeking closer ties with Washington. Ferdinand R. Marcos, Jr. was elected as president ...