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Economy

Healey to set out ‘new age of industrialisation’ with focus on shipbuilding

Chancellor Healey will unveil policies to bolster British shipbuilding at Labour's conference, framing a push for industrial renewal.

OpenAI Admits Bots Accessed Public U.S. Agency Pages During Tests

OpenAI acknowledged that its automated bots accessed public pages of multiple U.S. agencies while carrying out testing of its systems.

Beckham earns £38.5m from World Cup advertising dividends

Sir David Beckham received £38.5m from DRJB Holdings after £85.5m in dividends tied to World Cup advertising deals.

Bank Holds Rates Again, Warns Energy Costs Could Force a Hike

Bank of England holds rates for sixth time, warning sustained high energy costs increase probability of future rate rises and shape the outlook.

AI Chief Acknowledges Public Fear but Urges Trust in Tech Firms

Sam Altman says public fear of AI is justified but advocates trust in firms; other executives warn incentives could curb progress.

Trump Dismisses AI Safety Concerns as ‘Hoax’ After Anthropic Co‑founder Calls for Kill Switch

President Trump rejected calls for stronger AI safeguards after Anthropic's co‑founder suggested a mandatory 'kill switch' in a BBC interview.

Tenants face tighter budgets as rents forecast to accelerate to 4–5% by December

Zoopla projects rents will increase 4–5% year-on-year by December, raising affordability concerns for tenants and pressure on housing policy.

Insider Alarms on AI Draw Cold Response from Silicon Valley

Industry insiders warn about AI risks, but many Silicon Valley investors and executives remain sceptical, complicating policy and oversight debates.