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...His decision turned a line conceived as a grand project connecting England’s south and north into a truncated high speed route between London and the midlands....
...Street’s race to secure a third term in office at the mayoral elections on May 2 is being seen as a litmus test for Conservative fortunes at the forthcoming general election....
...At present Wayve offers so-called Level 2 automation, which allows for partial autonomous driving and which SoftBank’s Matsui described as “eyes on, hands off”....
...Some 48 per cent (2.68mn) own a three-bedroom home....
...Figure AI said on Thursday it had raised $675mn from some of the world’s leading AI companies in a new funding round that valued the company at $2.6bn....
...But Steve Fothergill, director of the Industrial Communities Alliance, a group of councils in post-industrial areas in the north and midlands, says centralised funding pots do have a place....
...Intel shares closed 2.4 per cent lower on Wednesday....
...Last year, global quantum start-ups received $2.35bn in funding, according to McKinsey data. Although a record, it was only a fraction above the total raised in 2021....
...The LGA has warned of a £2.4bn funding gap in local authority finances this year and £1.6bn in 2024-25....
...Ministers gave the go-ahead in 2022 to build the 3.2 gigawatt Sizewell C, which would become the second large power station in Britain’s new nuclear programme....
...“The description is not one I recognise on the ground in the West Midlands,” he said....
...Council funding woes are a key theme....
...The government has struck devolution deals with a number of areas including North of Tyne, West Yorkshire, East Midlands and York & North Yorkshire....
...“There is a broad range of support for staff affected, including a dedicated transition board backed by £80mn funding from UK government and £20mn from Tata Steel.”...
...Microsoft, the world’s most valuable company and OpenAI’s biggest backer, rose almost 2 per cent to climb back above $3tn....
...2.25 per cent in 2024, lower than the 2.29 per cent logged in the fourth quarter of last year....
...One source also said that Sunak may provide further funding to cap bus fares at £2, a temporary policy introduced after the pandemic, and some money towards a long-promised mass transit system in Leeds....
...JPMorgan’s interest spread would be 2 per cent instead of 2.8 per cent if its $674bn of non-interest deposits suddenly disappeared....
...The Biden administration recently asked Congress to provide $2.16bn to support US-based companies seeking to boost enrichment and conversion capacity for nuclear fuel....
...Leeds, the biggest European city not to have a mass transit network, has been promised £2.5bn in future funding for that goal....
...Intel is to receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion....
...It was a victory whose prizes include Britain’s highest council tax bills (on average £2,300 for a Band D home), blamed by the council on unfair and central government funding — 80 per cent of its budget...
...It is a 196 per cent jump since the last funding round, compared with a paltry 9 per cent increase in Microsoft’s share price over the same period....
...and the West Midlands, marking a seismic shift in power, funding and responsibility to local areas.”...
...Since SLR is not typically a binding constraint, this is not necessarily going to free up balance sheet for funding....
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