Category : Search result: AI profits


Hinton: AI Profits Will Cause Mass Unemployment

Exclusive: Turing Award winner and 'Godfather of AI' Geoffrey Hinton predicts a dystopian future where corporate AI profits lead to widespread joblessness and soaring inequality, urging for a radical rethinking of society.

Royal Mail Profits Double Under Kretinsky's Takeover

Under Daniel Kretinsky's ownership, Royal Mail reports a dramatic profit surge to £348m, marking a stunning turnaround for the former state monopoly and silencing critics of the controversial acquisition.

Asda's Zero UK Tax Payment on £1bn Profit Sparks Fury

Supermarket giant Asda faces backlash after paying zero UK corporation tax despite £1 billion profits, while its private equity owners extract massive dividends. Labour's Rachel Reeves condemns the 'unfair system'.

UK Bank Shares Plunge on Budget Windfall Tax Reports

UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto

IWG Boss Dismisses Share Price Fall as 'Machine Selling'

IWG CEO Mark Dixon remains defiant as the flexible office giant's shares hit a five-year low, dismissing the plunge as automated trading and reaffirming confidence in the company's long-term strategy and booming profits.

Ladbrokes profits soar on Euros and Lionesses bets

Bookmaker Ladbrokes reports a surge in profits driven by high-stakes betting on the Euros and England's Lionesses. Discover how major sporting events are boosting the gambling industry.

UK energy firms profit from Europe's gas crisis

British energy firms Centrica and National Grid are poised to benefit from soaring gas prices in Europe, with analysts predicting significant profits amid the ongoing energy crisis.

JLR Profits Hit by Tariffs and Falling Sales

Jaguar Land Rover (JLR) reports a sharp decline in profits due to rising tariffs and sluggish sales. The iconic British brand faces challenges in key markets, including China and Europe. Can it recover?

Honda profits drop amid Trump tariff fallout

Honda reports a sharp decline in quarterly profits as US tariffs under the Trump administration continue to disrupt global trade. Analysts weigh in on the long-term impact.

Private firms profit from UK asylum system

Exclusive investigation reveals how private companies are profiting from the UK's chaotic asylum system, with taxpayers footing the bill for expensive hotels and deportation flights.

IAG reports record profits as travel demand rebounds

International Airlines Group (IAG), the parent company of British Airways, has announced soaring profits as passenger numbers rebound post-pandemic. The airline giant is capitalising on strong demand for air travel, particularly in long-haul routes.

Games Workshop shares soar on record profits

Games Workshop, the Nottingham-based creator of Warhammer, sees shares surge after announcing a significant rise in profits and sales, driven by global demand for its fantasy miniatures.

Page 1 of 2