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The outlook gets better and better at Rolls-Royce — image supplied by The Guardian Business's feed
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The outlook gets better and better at Rolls-Royce

With fingers in various highly lucrative pies, maybe the firm becoming LSE’s most valuable isn’t as fanciful as it seems Tufan Erginbilgiç, the chief executive of Rolls-Royce, seemed to be getting ahead himself when he said a year ago that the engine-maker had the potential to become the most valuable company on the London Stock Exchange. Yes, everyone knows about the remarkable turnaround. Rolls was a corporate calamity during the Covid shutdown of global aviation, then a tenfold increase in the share price followed under Erginbilgiç. But it still required a leap of imagination to think the firm could challenge the very top of the capitalisation charts one day. Continue reading...

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Child pedestrian casualties are almost five times higher in England’s worst-off areas

Official figures expose widening gap in road deaths and injuries between poor and wealthy postcodes The number of children killed or injured crossing roads is almost five times higher in England’s most deprived areas than its wealthiest, official analysis suggests. Department for Transport figures show a widening gap over the past 10 years in road casualties between those living in the poorest 10% of postcodes and the most affluent 10%. Continue reading...

Money From The Guardian Business

The future of AI hinges on openness and cooperation. China and Britain can gain much by working together | Zheng Zeguang

There is no point competing in isolation. There are so many benefits to be had, in manufacturing, healthcare, research and governance Zheng Zeguang is the Chinese ambassador to the UK Artificial intelligence is widely regarded as one of the defining technologies of our time. Like the steam engine, the harnessing of electricity and the internet before it, it has the potential to transform how we work, live and interact. But every technological revolution brings challenges as well as opportunities. As AI systems become more capable, people are asking legitimate questions. How can AI remain safe, accountable and under human control? How should its development be governed? How can its benefits be shared more widely? Continue reading...