AI insurance: The $7 trillion rebuild In 2024, insurance giant Allianz received a photo of a damaged van from a customer, along with a £1,000 repair invoice. In days gone by, the company would have quickly paid out but, in the age of AI, seeing is no longer believing. The fraud team set about investigating
On May 11th, the Ministry of Youth, Social Development and Seniors hosted a Youth Mental Health Debate at the Dr. E.F. Gordon Memorial Hall, focusing on the motion: “This House believes that a child’s right to privacy when accessing health services outweighs a parent’s right to be informed.” A Government spokesperson said, “On May 11,
Artificial intelligence has turbo-charged cybersecurity investments this year, but the technology has also generated a substantial amount of noise and uncertainty for investors and end-user organizations alike. Technology upheaval in the cybersecurity industry is nothing new, but the seismic shift from Anthropic’s Mythos recent preview, Project Glasswing, continues to produce shockwaves. While large language models
An industrial energy project could bring new jobs and waste treatment capacity to Teesside under plans for a multi-million-pound facility in Hartlepool. Qualitech Environmental Ltd has launched a public consultation on proposals for a £64 million waste treatment and energy recovery facility on land at Tofts Road West. The proposed Tofts Road Energy Recovery Facility
Wes Streeting has resigned as Secretary of State for Health and Social Care, admitting that he has “lost confidence” in Prime Minister Sir Keir Starmer’s leadership. Streeting, who has been MP for Ilford North since May 2015, was appointed health secretary on 5 July 2024 following Labour’s general election victory. In a letter to the
High energy prices have wiped £30 billion off the UK economy, leaving us dangerously exposed to global energy shocks and industrial decline. The stark figure comes in EY’s latest UK Economic Outlook, which says energy-intensive industries including steel, chemicals, glass and ceramics have significantly underperformed the wider economy in recent years as electricity prices surged
The proposals, announced as part of the King’s Speech, would allow families to benefit from cheaper energy when the UK is generating large amounts of renewable electricity, such as during sunny or windy weather. Ministers say the plans could help households save money while reducing Britain’s dependence on expensive fossil fuels. Under the new Energy
X Register for free to receive latest news stories direct to your inbox Register Arrow Capital Partners has completed the acquisition of a major logistics facility near Wolverhampton. The property has been purchased for its Strategic Industrial Real Estate (SIRE) joint venture with Cerberus Capital Management. Known as Willenhall 300, the asset comprises a total
UEFA has today announced a landmark multi-year scientific partnership with Haleon, appointing the global consumer health company as UEFA Medical’s first Health Partner. The partnership brings together UEFA Medical’s expertise in football medicine and injury prevention with Haleon’s leadership in pain science and its established relationships with healthcare professionals to advance clinically informed, evidence-based approaches
Chicago, Illinois, U.S.A-based S2G Investments has closed a USD 1 billion (EUR 854 million) fund after receiving investments from both new and existing institutional investors. S2G Investments launched its ocean strategy in 2020 with a USD 100 million (EUR 85 million) fund devoted to investing in early, venture, and growth stage companies in the blue