OpenAI claims GPT-5 model boosts ChatGPT to ‘PhD level’
GPT-5’s release comes as tech firms continue to compete in an effort to claim the world’s most advanced AI.
Category: Business
Interest rates cut to lowest level in more than two years
The Bank of England cuts its key rate to 4%, the fifth reduction since August last year.
What the interest rate cut means for you
Changes to the Bank’s base rate can affect mortgage and savings rates.
Faisal Islam: Why has the Bank of England cut rates?
Rates are now at their lowest since March 2023 even though inflation is well above target.
Brown urges Reeves to hike gambling taxes at Budget
The former Labour prime minister says hitting the “undertaxed” sector could pay for benefits rises.
What are semiconductors and why is Trump threatening 100% tariffs?
The President said he plans to introduce 100% tariffs on foreign-made chips, but the largest producers may avoid the levy.
Trump’s sweeping new tariffs take effect against dozens of countries
The president also hit India with a 50% tariff and threatened a 100% levy on foreign-made computer chips.
UK says British Steel’s Chinese owners demanding millions
Jingye still owns the Scunthorpe plant that was taken over by the government under emergency powers.
Trump orders India tariff hike to 50% for buying Russian oil
India, which now faces among the highest tariff rates imposed by the US, called the levy “unjustified and unreasonable”.
Apple to invest $100bn after pressure from Trump
The president had been pressing Apple to do more of its manufacturing in the US.