Ford boss Lisa Brankin: 'Now is not the time to tax electric vehicles'

Nvidia reported a 62% increase in revenue for the three months ending in October, reaching $57 billion, surpassing analysts' expectations. This surge reflects the company's strong position in the AI sector and the growing demand for its chips.

Peers in the House of Lords have called for the UK government to take control of the sale of the Telegraph, suggesting that an independent body such as the Competition and Markets Authority (CMA) or the Cabinet Office should oversee the auction. This request follows concerns regarding the handling of the sale process by the culture department and the involvement of RedBird IMI, which is primarily funded by the United Arab Emirates.

The UK government has announced plans to ban the resale of tickets for profit, aiming to protect fans from inflated prices and unfair practices in the ticketing market. This decision is seen as a positive step towards ensuring fair access to events for all fans.

The UK government has officially announced a ban on the resale of tickets for profit, a move described by a minister as a 'no-brainer.' This decision follows discussions among ticket touts in London, where they expressed concerns about Labour's plan to eliminate their business model. A seasoned ticket trader even sought financial support to lobby against the party's election manifesto pledge.

The ongoing debate surrounding artificial intelligence (AI) raises questions about whether the current hype represents a bubble that could potentially burst. As investments surge into AI technologies, experts are divided on the sustainability of this growth and the implications for the future of the industry.

The rate of inflation in the UK has decreased, leading to expectations of lower mortgage rates. However, food prices continue to rise, creating a disparity in the economic landscape that affects consumers' purchasing power.

The latest data from the Land Registry indicates that UK house prices have been negatively affected by a slump in September, coinciding with uncertainty surrounding the upcoming Autumn Budget. This decline reflects broader concerns in the housing market as economic conditions remain unstable.

The UK inflation rate decreased to 3.6% in the year leading up to October, according to the latest data. However, food prices have seen an increase again after a decline in September. This information was reported by Dharshini David, the deputy economics editor at BBC News.