Daily brief
The UK government is reportedly planning to purchase AI chips from British technology firms, according to the Telegraph, as part of a broader push to boost domestic tech capabilities. Meanwhile, a billionaire tech exile has pledged nearly £2bn for a new AI data centre in Britain, and London's financial center is fighting for a comeback amid global competition.
Britain's net zero policy is harming its chemical industry, according to a report on crude oil prices.
British Airways chief warns that air fares will rise further if fuel costs remain high.
A survey by the REC shows UK firms have paused hiring as the Iran war impacts business confidence.
The government is ramping up trade ties to support its OECD bid, while a report warns Britain faces a £3tn debt abyss.
by WorldBrief & Maksim Micheliov | AI-generated summary