[LINKS]: Links of the week

See all the links and our weekly headline roundup here.

  1. Mortgage Approvals Experience 10% Drop Amidst Borrowing Cost Impact Mortgage approvals declined by 10% in July due to increased borrowing costs, affecting housing market dynamics. Read more
  2. AI Act and Risk-Based Approach: Navigating AI Regulation Complexity The AI Act’s risk-based approach aims to address regulatory challenges posed by AI across various sectors. Read more
  3. Amazon CEO Urges Remote Workers to Return to Office or Face Termination Amazon’s CEO calls for the return of remote workers to the office, indicating reduced flexibility. Read more
  4. Digital Pound Design to Drive Innovation in Financial Ecosystem The Bank of England’s digital pound platform model aims to foster innovative financial services. Read more
  5. Energy Price Cap to Decrease, but Cost of Living Concerns Persist Despite falling energy price caps, consumers continue to face challenges related to cost of living. Read more
  6. Rising Food Prices Equally Concerning as Energy Bills for Consumers Escalating food prices are becoming as concerning as energy bills, affecting consumer budgets. Read more
  7. Visualizing BRICS Expansion Impact on Global GDP The inclusion of new BRICS members slightly raises the group’s GDP share, but the overall impact remains modest. Read more
  8. Debt Distress Tops Agenda at G20 Summit, Amid Global Developments With India leading the G20 Summit, addressing debt distress becomes a key focus amidst global changes. Read more
  9. Citizens Borrow to Pay Rising Energy Bills, with Numbers Expected to Rise As energy costs surge, citizens resort to borrowing, with forecasts predicting a further increase. Read more
  10. AI Prompt Engineers Emerge as Key Role in Shaping AI Output The role of AI prompt engineers becomes crucial in maximizing AI model outcomes across domains. Read more
  11. AI’s Lack of Consciousness Aligns with Theories, Indicating Progress AI models exhibit limited signs of consciousness, as aligned with established theories of human consciousness. Read more
  12. Middle Market Businesses Present Dual Challenges and Opportunities Middle market businesses show growth potential while grappling with inflation and price dynamics. Read more
  13. Borrowing Trend: 7.8 Million Resort to Debt for Energy Payments A rising number of individuals, 7.8 million, are borrowing to cover energy bills, with projections of an upward trend. Read more
  14. Concerns Over Retirement Finances and Emergency Coverage Persist Only 61% believe they can cover retirement bills, and 39% expect to have enough funds for emergencies. Read more
  15. Inflation Eases on Certain Consumer Goods, But Challenges Remain While inflation moderates for some products, grocery prices and cost of living concerns remain significant. Read more
  16. Households Face £2.7 Billion BNPL Debt Amid Changing Financial Landscape Households grapple with £2.7 billion in Buy Now, Pay Later (BNPL) debt in a shifting financial landscape. Read more
See also  [LINKS]: Links of the week

RO-AR insider newsletter

Receive notifications of new RO-AR content notifications: Also subscribe here - unsubscribe anytime