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UK shop price inflation eases to lowest level in more than two years

UK shop price inflation eases to lowest level in more than two years

The UK’s annual inflation rate dropped to 0.6% in May. Credit: William Barton via Shutterstock. Shop price inflation in the UK has fallen to its lowest level since November 2021, according to data from the British Retail Consortium (BRC) and NielsenIQ. The country’s annual inflation rate dropped to 0.6% this month (May), down from 0.8%...

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UK Government Emergency Kit: List Of Items To Prepare For Pandemic-Like Situation

UK Government Emergency Kit: List Of Items To Prepare For Pandemic-Like Situation

A website that went live in UK recently outlines the basic and crucial components of an Emergency Kit (Representational Image.) Photo : iStock The United Kingdom Government has launched a new initiative aimed at bolstering household preparedness for a range of potential emergencies. The website, Prepare, went live on May 22, with Deputy Prime Minister...

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U.K.’s AI Safety Institute Launches Open-Source Testing Platform

U.K.’s AI Safety Institute Launches Open-Source Testing Platform

The U.K.’s AI Safety Institute has released a free, open-source testing platform that evaluates the safety of new AI models. Dubbed Inspect, the toolset should provide a “consistent approach” towards the creation of secure AI applications around the world. Inspect is the first AI safety testing platform created by a state-backed body to be made...

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UK promises £100 million to the World Bank to combat global challenges

UK promises £100 million to the World Bank to combat global challenges

image: @peterspiro | iStock The United Kingdom has announced a £100 million contribution to the World Bank during the Spring Meeting in Washington D.C. This commitment aims to unlock £1 billion of support over the next decade, using the World Bank’s lending capacity to tackle challenges such as climate change, food insecurity, pandemics and poverty....