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Tories aim for pre-election announcement despite warnings from IMF about UK’s fragile finances
...George Osborne, former Conservative chancellor in David Cameron’s government, said this week that if he were in government now he would look at whether to “steal Labour’s clothes” by scrapping the non-dom...
Analysts warn chancellor against public comments on likelihood of lower interest rates
Markus Krebber says there will be ‘significant structural demand destruction’ in energy-intensive sectors
Warning comes as Rishi Sunak promises further tax cuts as part of re-election drive
...Spain has moved to block Sam Altman’s cryptocurrency project Worldcoin, the latest blow to a venture that has raised controversy in multiple countries by collecting customers’ personal data using an eyeball-scanning...
...Sam Altman will return to the board of OpenAI after a review into the events that led to his dramatic ousting from the ChatGPT maker found no evidence that he should have been sacked....
February figures come below forecast, providing relief to government
Labour claims policy is an irresponsible and unfunded tax reduction
Opposition on alert as Chancellor prepares Budget that could include stealing its key revenue-raising policies
...Some Tories yearn for the days before the OBR, created in 2010 by the then Tory chancellor George Osborne to provide transparency to the public finances and to end the days of dubious economic forecasts...
...Musk co-founded OpenAI in 2015 with the company’s chief executive Sam Altman and others. He left OpenAI’s board in 2018 following disagreements with Altman on the direction of research....
Latest rebuke follows similar recent interventions over comments by Rishi Sunak
Shadow chancellor’s plans met with scepticism from economists and dubbed too timid by union leader
Tory MPs also hoping UK chancellor will announce surprise 2p cut in basic rate of income tax
Chancellor tries to reset expectations ahead of key economic forecasts from BoE
Governor plays down upcoming economic data that is feared to show technical recession and deliver blow to Sunak
Chancellor looks to chip away at opposition poll lead but party’s MPs fear speech delivered no knockout punch
...George Hammond So, Sam Altman is a fascinating character, partly because his background is a little atypical in this space....
...Real-terms cuts of that scale are not necessarily impossible, argues Ben Zaranko, a researcher at the IFS, who points to the austerity imposed by former chancellor George Osborne back in 2010....
...Sam Altman is in discussions with Middle Eastern investors and chip fabricators including TSMC about launching a new chip venture, as the OpenAI chief executive seeks to satisfy his company’s growing need...
Deteriorating forecasts pose challenge for UK chancellor as Tory MPs seek tax cuts to improve election prospects
Resolution Foundation says Jeremy Hunt’s potential cuts will sit between earlier increases and further rises after general election
Headroom of £14bn considerably lower than that forecast by independent analysts
...In a blog post published late on Tuesday, founding members of OpenAI including Sam Altman, Greg Brockman and Ilya Sutskever contested that allegation, claiming instead that Musk had spearheaded early efforts...
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