Lack of knowledge about the AOW means that retirees receive less AOW than they expected, an expert has warned. After the confirmation of the triple lock, the state pension rose by an inflation-breaking 8.5 percent. Since April, pensioners on the full new state pension have been getting £221.20 a week or £11,502.40 a year and … Read more
There is more to Derby than meets the eye (Photo: Getty Images) From bustling Liverpool to bustling London and beautiful York, Britain is packed with cities and towns that are definitely worth a visit. But while there are some places we Brits love to return to again and again, other destinations aren’t as popular. And … Read more
The developers behind plans to build 555 new homes on the outskirts of Bristol will aim to submit detailed plans this summer. Bellway wants to create a new “environmentally sensitive community of up to 555 homes” on a site next to Brislington Park and Ride in Bristol. The fields are located between Brislington Park and … Read more
Omar Sadraoui knows firsthand what it’s like to be a junior investment banker. He graduated from HEC Paris’ prestigious Masters in Management Program and spent three years at Deutsche Bank in London, first as an analyst and then as an associate, before quitting last August. Sadraoui says he is not alone: most young people are … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Visa and Mastercard will be required to share more information about the fees they charge merchants under new rules proposed by the UK’s payments regulator. The Payment Systems Regulator proposed on Tuesday that the two … Read more
BT has extended the deadline for migrating customers from its copper-based Public Switched Telephone Network (PSTN) to digital landlines to give vulnerable people, including telehealth users, more time to move. The state’s former telecom monopoly had planned to switch customers to internet-based services at the end of next year, but says it will now switch … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Janet Yellen has urged the EU to join US efforts to curb Beijing’s green technology exports, warning that a glut of cheap Chinese goods could threaten the survival of factories around the world. could threaten … Read more
Nvidia’s rivals and biggest customers are rallying behind an OpenAI-led initiative to build software that would make it easier for artificial intelligence developers to move away from their chips. Silicon Valley-based Nvidia has become the world’s most valuable chipmaker thanks to a near monopoly on the chips needed to create large AI systems, but supply … Read more
Image source, Getty Images Image caption, The electricity demand of data centers is expected to double between 2022 and 2026 Item information Author, Chris Baraniuk Role, Technology reporter 4 hours ago There’s a big problem with generative AI, says Sasha Luccioni of Hugging Face, a machine learning company. Generative AI is an energy hog. “Every … Read more
Stay informed with free updates Simply log in to the Government bonds myFT Digest – delivered straight to your inbox. New York lawmakers are launching a new push to limit lawsuits by “vulture funds” against governments that default on their debts and cut the amount investors can recover through the courts on defaulted emerging market … Read more