Category : Search result: private firms 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.

Trump could deploy private army in US cities

Exclusive: Donald Trump is reportedly exploring using private security contractors for domestic operations, including immigration enforcement and policing, raising alarming legal and constitutional questions.

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

Drivers hide number plates to dodge private parking cameras

Furious British drivers are fighting back against aggressive private parking firms by hiding their number plates with unusual methods. Discover the escalating war on UK streets and the controversial tactics being deployed.

NHS Crisis Forces Record Numbers to Go Private

Exclusive analysis reveals a dramatic surge in Britons turning to private medical care, driven by unprecedented NHS waiting times and a perceived 'postcode lottery' for treatment. This investigation uncovers the human cost of the healthcare crisis.

Soho House Goes Private in Major $1.1bn Deal

Exclusive members' club Soho House has de-listed from the stock market in a major shift. Discover the implications for its global membership and the future of private hospitality.

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.

KPMG cuts over 100 jobs in Scotland

Big Four accounting firm KPMG announces significant job cuts in Scotland, citing economic pressures and reduced demand for consulting services.

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?

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