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  • Edith Austen
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Author: Edith Austen

OpenAI Rejects Elon Musk’s US$97.4 Billion Takeover Bid
Posted in US

OpenAI Rejects Elon Musk’s US$97.4 Billion Takeover Bid

Estimated read time 2 min read
Posted on February 16, 2025February 16, 2025
by Edith Austen

OpenAI’s board chairman today said it has unanimously rejected an Elon Musk-led offer to buy the hot artificial intelligence company…

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UK Energy Firms Compensate £20m for Billing Errors Over Five Years
Posted in News

UK Energy Firms Compensate £20m for Billing Errors Over Five Years

Estimated read time 3 min read
Posted on February 15, 2025February 15, 2025
by Edith Austen

Britain’s big energy providers have paid more than £20m in compensation to customers for billing mistakes over the past five…

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Close Brothers’ Financial Provision for Motor Finance Claims
Posted in Finance

Close Brothers’ Financial Provision for Motor Finance Claims

Estimated read time 2 min read
Posted on February 15, 2025February 15, 2025
by Edith Austen

Close Brothers, a British financial institution, has allocated up to £165 million to address potential motor finance claims. This move…

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Italy investigates Amazon over alleged €1.2bil tax evasion
Posted in Europe

Italy investigates Amazon over alleged €1.2bil tax evasion

Estimated read time 2 min read
Posted on February 14, 2025February 15, 2025
by Edith Austen

Italian prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth €1.2 billion (US$1.26…

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Analysis of the UK Government’s Plan to Digitalise Property Transactions
Posted in Real Estate

Analysis of the UK Government’s Plan to Digitalise Property Transactions

Estimated read time 3 min read
Posted on February 9, 2025February 9, 2025
by Edith Austen

The UK government’s initiative to digitalise property data sharing aims to modernise the homebuying process by reducing delays and inefficiencies.…

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Challenges in the Business Relationship Between the United Kingdom and Malaysia
Posted in Special Report

Challenges in the Business Relationship Between the United Kingdom and Malaysia

Estimated read time 4 min read
Posted on February 9, 2025February 9, 2025
by Edith Austen

The business relationship between the United Kingdom and Malaysia faces several challenges: Bribery and Corruption Overseas companies investing in Malaysia…

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London’s Economic Outlook: Key Developments as of February 2025
Posted in Economy

London’s Economic Outlook: Key Developments as of February 2025

Estimated read time 2 min read
Posted on February 9, 2025
by Edith Austen

Bank of England’s Monetary Policy The Bank of England’s chief economist, Huw Pill, emphasized the necessity of maintaining restrictive interest…

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How Donald Trump’s trade tariffs could affect the UK
Posted in Economy

How Donald Trump’s trade tariffs could affect the UK

Estimated read time 3 min read
Posted on February 6, 2025February 6, 2025
by Edith Austen

President Donald Trump’s recent imposition of tariffs—25% on imports from Canada and Mexico, and an additional 10% on Chinese goods—has…

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Labour readmits four MPs suspended for rebelling
Posted in Politics

Labour readmits four MPs suspended for rebelling

Estimated read time 3 min read
Posted on February 5, 2025February 5, 2025
by Edith Austen

Four MPs suspended by Labour for voting against the government on the two-child benefit cap have been readmitted into the…

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Manchester ‘most popular UK city outside London to start a tech business’
Posted in Real Estate

Manchester ‘most popular UK city outside London to start a tech business’

Estimated read time 3 min read
Posted on February 5, 2025February 5, 2025
by Edith Austen

Manchester is the most popular UK city outside London to start a tech business, a new report suggests. Business innovation…

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