AI Bubble Burst: UK Taxpayers Face Bailout Risk
As AI becomes essential to UK public services, taxpayers risk repeating the 2008 bank bailout with a potential £2 trillion AI collapse. Discover the looming financial threat.
Category : Search result: bailout
Surrey Labour splits over £1.2bn council debt crisis
Exclusive: Labour faces internal division in Surrey as two councils consider breaking away amid government pressure to address catastrophic local authority debt. The political earthquake threatens Starmer's authority in traditional Tory heartlands.
Woking gets £500m bailout in council shake-up
The bankrupt Woking Borough Council secures a massive government rescue package as Surrey County Council takes control of key services in a dramatic local government overhaul.
Australian Aluminium Smelter Seeks Taxpayer Bailout
Australia's largest aluminium smelter in Portland, Victoria, is negotiating a massive government rescue package, joining a growing list of corporate bailouts that critics call 'the year of the taxpayer handout'.
British Steel takeover costs surge, taxpayer bill soars
The government bailout of British Steel faces massive cost overruns as Jingye Group demands additional taxpayer funding, putting thousands of UK manufacturing jobs at risk.
UK Wage Growth Slows Sharply as Job Market Cools
UK wage growth has hit its slowest pace in over two years while unemployment rises, signalling a cooling labour market. Meanwhile, Argentina secures IMF bailout and stock markets show mixed performance.
Badenoch Denies UK in Secret IMF Bailout Talks
Business Secretary Kemi Badenoch has categorically denied that the UK is in talks with the IMF for a financial bailout, calling the speculation 'ridiculous' amidst growing concerns over the nation's debt and welfare spending.
Ofwat Rejects Thames Water Bailout, Collapse Looms
Britain's water regulator, Ofwat, has dealt a crushing blow to Thames Water's recovery plan, rejecting its plea for higher bills and lenient penalties. This decision pushes the debt-laden utility, serving 16 million customers, closer to a potential govern
Page 1 of 1