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(Sharecast News) - Spring has come early to the UK housing market, with a surge in people listing their homes for sale as confidence returns to the sector, a report by the property website Zoopla found. The site said this month was on course to record the highest number of newly listed homes for sale in any February for a decade. - Guardian
The negative effect of a combined increase in employers' taxes and minimum wages has been "particularly acute" for young people, the Bank of England's chief economist has warned. Huw Pill said on Tuesday that the increase in national insurance contributions (NICs) from April last year and the government's efforts to equalise the "national living wage" had caused a particular problem for young people trying to find jobs. - Guardian
Electricity generated by the Sizewell C nuclear power station will cost roughly double the normal price of power, according to a new Government report. Estimates suggest that the power Sizewell C produces will cost 120 per megawatt hour (MWh) in today's prices, compared with the current wholesale price of about 60 to 70. The extra costs will be added to energy bills. - Telegraph
The developer of one of the world's most powerful AI coding tools said its products were not to blame for a dramatic sell-off in software stocks. Scott White, the head of product at Silicon Valley AI lab Anthropic, said it would be a "little bit of an overreach or overreaction" to connect the recent global market rout to its product releases, Bloomberg reported. - Telegraph
Wayve, the driverless car company, has raised $1.5 billion in the largest funding round yet for a British artificial intelligence start-up. The fundraiser values the London pioneer of autonomous vehicles at $8.6 billion, backed by the Silicon Valley heavyweights Microsoft, Nvidia and Uber, carmakers Nissan, Stellantis and Mercedes-Benz, and led by the Japanese conglomerate SoftBank, one of the world's biggest technology investors. - The Times
PwC has apparently called in lawyers to stop one of its former executives from allegedly poaching partners to join her new consultancy business. Marissa Thomas, PwC's former UK chief operating officer, launched Unity Advisory with Steve Varley, the former UK boss of EY, last year, promising to attract partners and clients from bigger, more established consulting groups. - The Times
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