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Rachel Reeves banks on AI to help eke out UK government savings
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves is banking on big productivity gains from the adoption of AI across the UK government to help deliver efficiency savings totalling £14bn by the end of the parliament. The chancellor said she had … Read more
Europe’s inability to scale start-ups could be disastrous
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is former vice-president Europe at Breakthrough Energy and a former director-general of the European Commission No EU entrepreneur has been able to create a European listed start-up with a market cap of more … Read more
UK to launch trials of driverless taxi services next spring
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK plans to bring a small number of driverless taxis to British streets next year, as the country tries to catch up with the US and China in adopting autonomous vehicles. Heidi Alexander, UK … Read more
Telefónica plots push into cyber and data centres to clear way for deals
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Telefónica is prepared to invest in data centres and cyber security services in a bid to convince European regulators to approve telecoms mergers, as the Spanish company aims to lead consolidation on the continent. The … Read more
How AI guided Ukraine’s drones to hit Russian airfields
The stunning footage of Russian military airfields obscured by thick plumes of smoke and strategic bombers going up in flames served to demonstrate Ukraine’s resolve and ability to strike targets as far as beyond the Arctic Circle. Kyiv’s daring “Operation Spiderweb” carried out by Ukraine’s security service (SBU) earlier this month against four air bases … Read more
Europe’s nuclear fusion potential draws record investment round
Stay informed with free updates Simply sign up to the Energy sector myFT Digest — delivered directly to your inbox. A German start-up has secured a record €130mn in funding to develop its fusion energy technology, as investors step up bets on Europe’s potential in the race to create abundant zero emissions power by combining … Read more
WPP races to harness AI before the technology kills its business
WPP races to harness AI before the technology kills its business
Marks and Spencer resumes online orders as it recovers from cyber attack
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Marks and Spencer is accepting online orders again, seven weeks after disclosing a sustained cyber attack that disrupted its business and is set to cost it hundreds of millions of pounds. The retailer told customers … Read more