PRESS DIGEST-Financial Times - Feb 29

Reuters | Updated: 29-02-2024 06:23 IST | Created: 29-02-2024 06:23 IST
PRESS DIGEST-Financial Times - Feb 29

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

- UK government to trial 'red box' AI tools to improve ministerial efficiency - Sunak unveils police crackdown on protests at democratic venues

- Jeremy Hunt considers scrapping 'non-dom' tax status at the Budget - Wealthy Britons' spending habits make it harder to curb inflation, BoE official says

Overview - UK ministers are piloting the use of generative artificial intelligence to analyse responses to government consultations and write draft answers to parliamentary questions.

- UK Prime Minister Rishi Sunak on Wednesday set out plans for a police crackdown on protests that cause "alarm or distress" at venues including parliament, as the government sought to toughen its approach to pro-Palestinian demonstrators following Israel's war against Hamas. - UK Chancellor Jeremy Hunt has drawn up emergency Budget plans to scrap or scale back Britain's "non-dom" tax rules, in the event that he needs to raise billions of pounds to fund mass-market pre-election tax cuts.

- Bank of England is struggling to bring inflation back to target because price rises are increasingly driven by people who are immune to the pressures of higher interest rates, a senior policymaker Catherine Mann has said. (Compiled by Bengaluru newsroom)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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