Britain’s power outage risk lowest in six years – but ‘tight’ days expected | Money News Aitrend

Britain’s power outage risk lowest in six years – but ‘tight’ days expected | Money News

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Britain is at the lowest risk of winter blackouts it has been at any time in the past six years, the national power grid operator has said. Not since the pre-pandemic winter of 2019-20 has the risk been this low, the National Energy System Operator (NESO) said. This is thanks to increased battery capacity to … Read more

Cristiano Ronaldo becomes first billionaire footballer, report says | Money News Aitrend

Cristiano Ronaldo becomes first billionaire footballer, report says | Money News

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Cristiano Ronaldo has become the first billionaire footballer, according to a report. The Al Nassr and Portugal striker’s net worth has been estimated at $1.4 billion (£1.04 billion) by the latest Bloomberg Billionaires Index. The valuation puts Ronaldo among a small group of billionaire athletes, including basketball greats Michael Jordan, Magic Johnson and LeBron James, … Read more

Social media fuels expansion of human trafficking in South Asia Aitrend

Social media fuels expansion of human trafficking in South Asia

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NUWAKAT DISTRICT, NEPAL — Tamang’s parents tried for years to harvest vegetables on dry, barren land. They tended a small herd of cattle and plowed their neighbors’ fields when times were particularly hard. Watching his parents struggle, Tamang dreamed of a different future. She wanted to become a nurse and ease the burden on her … Read more

‘I want to create the Nike of lingerie’: how a former singer turned her Instagram page into a £17m business | Money News Aitrend

‘I want to create the Nike of lingerie’: how a former singer turned her Instagram page into a £17m business | Money News

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Less than 20% of all businesses operating in the UK are run by women and the rate of business start-ups is slowing. This is according to analysis of Companies House data by Prowess, which also reveals that women-led businesses receive just 5.8% of all investment. In our Women in Business series, we speak with women … Read more

The Bank of England warns against “net correction” for the markets if the AI ​​bubble explodes | Money news Aitrend

The Bank of England warns against “net correction” for the markets if the AI ​​bubble explodes | Money news

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The Bank of England sees future problems for the global financial markets if investors are turning to the prospects for artificial intelligence (AI) to come. THE BankThe financial policy committee declared in its last update on the state of the financial system that there was also a risk of market correction by intensifying concerns about … Read more

It is now almost impossible to make your way to wealth, according to a report on the difference in growing wealth | Money news Aitrend

It is now almost impossible to make your way to wealth, according to a report on the difference in growing wealth | Money news

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The gap of wealth in Britain is widening and it is now practically impossible for an average worker to save enough to become rich, according to a report. An analysis carried out by The Resolution Foundation, a left -wing reflection group, revealed that it would take average employees 52 years to accumulate savings which would … Read more

Starmer refuses to rule out tax rises as he takes business leaders to India | Political news Aitrend

Starmer refuses to rule out tax rises as he takes business leaders to India | Political news

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Sir Keir Starmer launched the first full-fledged trade mission to India since Theresa May was Prime Minister, bringing 125 British CEOs, entrepreneurs and academic leaders to Mumbai. The Prime Minister flew with dozens of Britain’s most prominent businessmen, including bosses from BA, Barclays, Standard Chartered, BT and Rolls-Royce, for a two-day trip aimed at strengthening … Read more

UK Steel Set for more hit as it is to double prices | Money news Aitrend

UK Steel Set for more hit as it is to double prices | Money news

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British steel manufacturers must be affected by another series of prices, even higher and more impactful than those collected by the United States, representing “an existential threat” for industry. The European Union (EU) increases the steel tax it is important, the price being 50%, double the 25% currently deducted by the Trump administration in the … Read more

The spin-out of payments supported by Barclays attracts Lalor as a new chef | Money news Aitrend

The spin-out of payments supported by Barclays attracts Lalor as a new chef | Money news

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A payment acceptance company supported by Barclays and which deals with billions of books each year on behalf of small businesses has recruited a veteran in the sector to become its general manager. Sky News has learned that Jason Lalor, former patron of European square operations, will lead the joint venture between the British bank … Read more

The Bitcoin price is at record heights. Is it sustainable? | Money news Aitrend

The Bank of England warns against “net correction” for the markets if the AI ​​bubble explodes | Money news

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Bitcoin is negotiated at peaks of all time, exceeding £ 93,000 for the first time. The biggest in the world cryptocurrency has doubled in the past 12 months – supported by Donald Trump’s return to the White House. However, its 10% increase in last week fell to a specific factor: The closure of the American … Read more