
Jobseeker numbers in Guernsey drop by more than 50 in one year
The government said about 5,000 adults in Guernsey did not work, but the majority were able to support themselves without claiming benefits.
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Telegraph
29 minutes ago
- Telegraph
Frasers Group is on sale – but you'll have to be brave to buy
For years, Sports Direct owner Frasers was an immense force on the British high street. It made big money and investors were richly rewarded, but the past 12 months have been more challenging, and the shares have slipped back to bargain basement territory. To Questor, this looks like an opportunity for brave investors to pick up stock for peanuts. Anyone prepared to look through near-term issues might find a lot to like. Frasers is not only a master of getting consumers to fill their baskets every time they shop in its sporting goods stores, but has also successfully moved upmarket. What's truly exciting is the potential to be a much bigger name overseas, and it's this international growth potential that seems to have been missed by the market so far. Success in the UK lays the blueprint to apply its retailing expertise in multiple geographies, and diversification in terms of where and how it makes money is only a positive from an investment perspective. Patience will be required, as the ongoing challenges from its latest results prove. Employment-related costs have gone up in the UK as a result of the most recent Budget, which means there is pressure to find new ways to save money and make operations more efficient.


Daily Record
an hour ago
- Daily Record
Ministers must protect value of state pension as it is lifeline for many
The sad reality is people drawing their pension 25 years from now are set to be £800, or eight per cent, worse off per year than their counterparts today. The governments of Tony Blair and Gordon Brown made huge strides in cutting pensioner poverty. Introducing pension credit helped millions of low-income pensioners and retirement savings were boosted, But every generation faces fresh challenges and this one is no different. The sad reality is people drawing their pension 25 years from now are set to be £800, or eight per cent, worse off per year than their counterparts today. Four in 10 – nearly 15million people – are not saving enough for retirement. Young people are in a bind caused by the cost-of-living crisis. Their incomes are squeezed and they are paying an outrageous amount of their net income on rent. Many people want to save more for when they retire but simply cannot afford to do so. One of the issues the UK-wide Poverty Commission is expected to look at is the challenges facing the low-paid and the estimated three million self-employed people who are not saving into a pension. Labour must take a values-based position into pension reform. Ministers must protect the value of the state pension as it is a lifeline for many people. Labour is right to encourage people to save more for their retirement if they can. But they must also provide greater incentives for people on modest incomes to find the spare cash. Part of this involves turning the corner on the cost-of-living crisis so that people have more money in their pockets. Keir Starmer has the chance to be as bold as previous Labour Prime Ministers and he must seize the opportunity. Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. Identity scandal The public's right to be protected from beasts like Connor Tait does not end when they are let out jail. The 32-year-old hid in a bush and pounced on the child who was walking home from football training in 2013. He was released from jail in 2023 and has recently changed his identity – using the name 'Connie Duncan' – while advertising himself on social media as a cleaner and dog walker. Ash Regan MSP is right when she says the case underlines a deeply troubling reality that when sexual offenders can change their identity without proper safeguards. How can it be right that a convicted paedophile can simply adopt a new identity and begin advertising services to enter people's homes? Public safety must be put first. Tait should not be allowed anywhere near any family's home. We need robust checks and transparency to prevent offenders from simply reinventing themselves and potentially putting others at risk.


BBC News
an hour ago
- BBC News
OpenAI and UK sign deal to use AI in public services
OpenAI, the firm behind ChatGPT, has signed a deal to use artificial intelligence to increase productivity in the UK's public services, the government has agreement signed by the firm and the science department could give OpenAI access to government data and see its software used in education, defence, security, and the justice Secretary Peter Kyle said that "AI will be fundamental in driving change" in the UK and "driving economic growth".The Labour government's eager adoption of AI has previously been criticised by campaigners, such as musicians' who oppose its unlicensed use of their music. The text of the memorandum of understanding says the UK and OpenAI will "improve understanding of capabilities and security risks, and to mitigate those risks".It also says that the UK and OpenAI may develop an "information sharing programme", adding that they will "develop safeguards that protect the public and uphold democratic values".OpenAI chief executive Sam Altman said the plan would "deliver prosperity for all"."AI is a core technology for nation building that will transform economies and deliver growth," he deal comes as the UK government looks for ways to improve the UK's stagnant economy, which is forecast to have grown at 0.1% to 0.2% for the April to June UK government has also made clear it is open to US AI investment, having struck similar deals with OpenAI's rivals Google and Anthropic earlier this said its OpenAI deal "could mean that world-changing AI tech is developed in the UK, driving discoveries that will deliver growth".Generative AI software like OpenAI's ChatGPT can produce text, images, videos, and music from prompts by technology does this based on data from books, photos, film footage, and songs, raising questions about potential copyright infringement or whether data has been used with technology has also come under fire for giving false information or bad advice based on prompts.