All the updated news related to carsten jung

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Majority of AI firms working on unhelpful ‘generic’ tools, think tank says

The majority of AI firms operating in the UK are focused on creating generic AI solutions and not purposeful tools which solve a specific problem, a think tank has said. The Institute for Public Policy Research (IPPR) said it had compiled a database ...

09 Apr 2025 at 00:01

Windfall tax on banks could recoup QE losses and raise £8bn a year, IPPR says

Rachel Reeves should tax bank windfalls to recover taxpayer money spent on compensating losses from the Bank of England’s cash-printing drive, an influential think tank has said. Hiking a levy on the profits from major firms such as Barclays, ...

01 Sept 2025 at 10:17

UK bank shares fall as fears raised in City over budget tax raid

UK bank shares have dropped after an influential think tank said Rachel Reeves could raise billions of pounds for the public purse by imposing a windfall tax on lenders. City traders were reacting to a report from the Institute for Public ...

29 Aug 2025 at 11:05

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