Today’s business news – in the UK and beyond amid concerns about the world’s largest economy and the fall in the Asian, US and UK markets.
South Korea DeepSeek app removal has been agreed over compliance issues as Personal Information Protection Commission says Chinese startup accepted proposal to suspend downloads of AI chatbot. South Korea has suspended downloads of DeepSeek’s artificial intelligence-powered chatbot pending a review of the Chinese start-up’s privacy standards. South Korea’s privacy watchdog…
Less administrative obstacles for SMEs in Spain as the Governing Council of the Board of Extremadura has given the green light to the processing of the draft of the Open Market Law of Extremadura, which seeks to ensure free movement and establishment of economic operators within the Autonomous Community. Less…
Retail chiefs warn perfect storm of taxes hitting jobs CITY AM says a heavyweight group of retailers has warned the Treasury that hundreds of thousands of jobs are at risk in the retail sector due to unsustainable cost hikes this year. It’s the latest in a long string of warnings…
Job losses will restrain price pressures, says BoE rate-setter The FT says companies will struggle to raise prices this year as consumers are hit by job losses and spending softens, according to a Bank of England rate-setter who argues the central bank should have cut interest rates more aggressively last…
The lack of professionals and labor costs and the price of energy is killing the economy. Entrepreneurs maintain the perception of global risk for this first semester of 2025 at the same levels as in the last six months of 2024, while a worsening is noted in the case of…
