Day: September 16, 2025
Rachel Reeves says move is a ‘vote of confidence’ in British economy as she prepares to open firm’s first UK datacentre
Google has said it will invest £5bn in the UK in the next two years to help meet growing demand for artificial intelligence services, in a boost for the government.
The announcement, which comes as Google opens its new datacentre in Waltham Cross in Hertfordshire, is expected to contribute to the creation of thousands of jobs, the US tech company said.
ONS figures come as the government is under pressure to revive Britain’s economy before the budget
The UK’s labour market has continued to cool, according to official figures, amid a slowdown in annual pay growth and rising job losses.
Figures from the Office for National Statistics show annual growth in regular earnings, excluding bonuses, slowed to 4.8% in the three months to July, down from 5% in the three months to June, matching the forecasts of City economists.