The next leap for the technology sector: quantum computing

After the category defining moment of ChatGPT’s launch, the subsequent rush to AI tools has proved intense. On both sides of implementation and innovation, companies have dashed towards AI as a solution, many without knowing the problem. In certain cases, it’s felt half-baked – more than 50% of organizations have an AI leader, but nine…

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Plans to cut tax-free allowance on hold

There will be no immediate changes to cash Individual Savings Accounts (Isas), the BBC understands. Chancellor Rachel Reeves was widely expected to announce plans to reduce the £20,000 tax-free allowance. The move was aimed at encouraging more investment in stocks and shares, which the goverment says it will still focus on. “Our ambition is to…

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UK economy shrank unexpectedly in May

Tom Espiner BBC business reporter Getty Images The UK economy shrank unexpectedly in May, contracting for the second month in a row. The economy contracted by 0.1%, the Office for National Statistics (ONS) said, confounding analysts who expected to see slight growth. The government has made boosting economic growth a key priority and Chancellor Rachel…

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