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Britain's net public debt has climbed from 35% of GDP in 2005 to 95% today. The government is borrowing over 4% of GDP annually despite no emergency comparable to the financial crisis or pandemic that drove much of the earlier increase. The belt-tightening needed to stabilize debt levels amounts to about 2% of GDP. The Labour government holds a 157-seat majority in Parliament and has four years until the next election. Britain spends about 6% of GDP supporting pensioners, an increase of over a third this century. Some 15% of the working-age population now claims jobless allowances following a surge in disability claims since the pandemic. Labour attempted to reduce spending on pensioners and welfare this year but reversed both reform plans after political outcry from within the party. Tax revenue is already on course to reach 38% of GDP, a historical high for Britain. Labour promised before the election not to raise broad-based taxes on income and consumption. Four in five Britons say the government is mismanaging the economy. Yields on long-term government debt exceed those in any other major rich economy. The economy grew faster than any other G7 country in the first half of 2025, but the fiscal adjustment that would bring Britain to a primary surplus of less than 0.5% remains politically elusive.

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Microsoft has announced that Xbox Game Pass Ultimate will cost $29.99 per month, up from $19.99. The company restructured its subscription service into three tiers ahead of the October 16 launch of two Xbox ROG Ally handheld consoles. The new Essential tier offers 50-plus games for $9.99 monthly. Premium includes 200-plus games for $14.99. Ultimate subscribers gain access to more than 400 games, day-one releases, improved cloud streaming quality, and services including EA Play, Ubisoft+ Classics, and Fortnite Crew. Game Pass generated nearly $5 billion in fiscal 2025 revenue with 34 million subscribers in 2024. Console hardware prices are also increasing, with the Xbox Series X rising $50 to $649.99 starting October 3.

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Petitions pile up on Satya’s desk while Windows 7 mysteriously surges back from the grave

With Windows 10 support set to expire on October 14, hundreds of repair shops, nonprofits, and advocacy groups are urging Microsoft to extend free and automatic security updates instead of stranding hundreds of millions of PCs.…

Microsoft's Secure Future pitch lands with old bugs still in tow

Windows 11 25H2 has seeped out of Redmond with just two weeks left before free support for most Windows 10 versions goes down the drain.…

Microsoft is promoting Judson Althoff, currently executive vice president and chief commercial officer at Microsoft, to a new role as CEO of its commercial business. From a report: It's the latest shakeup inside the company, as Microsoft navigates what CEO Satya Nadella calls a "tectonic AI platform shift." It's also a move that will allow Nadella to focus on more technical work at Microsoft, while still remaining overall CEO. In an internal memo to employees today, Nadella announced Althoff's promotion and said it's linked with the need for Microsoft to reinvent itself in the AI era and "bring together sales, marketing, operations, and engineering to drive growth and strengthen our position as the partner of choice for AI transformation." Althoff has led Microsoft's global sales organization for the past nine years, helping the company build out its Microsoft Customer and Partner Solutions (MCAPS) division. He will now also be responsible for the operations and marketing teams that help sell Microsoft's software and services to businesses, but not the engineering teams that help build them.

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Once more with feeling...

SpaceX has named the date when it will try for another Starship launch without anything exploding. October 13, which is both the Columbus Day / Indigenous People's Day holiday and the last day of Windows 10 support, is the current target.…

An anonymous reader shares a report: Immigration anxieties and a challenging job market have sparked an online backlash over China's latest attempt at attracting global talent -- a new visa program announced in August. The program, which was rolled out on Wednesday with the aim of attracting foreign professionals, will also test how China balances its immigration policy with its pursuit of technological ambitions. Under the new rules, young graduates -- in the fields of science, technology, engineering and mathematics or STEM -- no longer need backing from a local employer and can enjoy more flexibility in terms for entry frequency and duration of stay. The keyword "K-visa" -- as China's new visa category is called -- was among the top searches on social media site Weibo for days, before chatter about National Day traffic jams pushed it off the charts as millions hit the road for a week-long holiday. Chinese social media users argue that the new visa tilts the playing field toward foreign graduates at the expense of those educated in China. Others on Weibo warned that without employer sponsorship, the program could invite fraudulent applications and open the door to a surge in arrivals from developing countries, piling pressure on an already strained labor market.

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Project boss pleased to be getting on top of technical debt

OpenStack has delivered its 32nd major release, named "Flamingo."…

In India, Bollywood stars are asking judges to protect their voice and persona in the era of AI. From a report: One famous couple's biggest target is Google's YouTube. Abhishek Bachchan and his wife Aishwarya Rai Bachchan, known for her iconic Cannes Film Festival red carpet appearances, have asked a judge to remove and prohibit creation of AI videos infringing their intellectual property rights. But in a more far-reaching request, they also want Google ordered to have safeguards to ensure such YouTube videos uploaded anyway do not train other AI platforms, legal papers reviewed by Reuters show. A handful of Bollywood celebrities have begun asserting their "personality rights" in Indian courts over the last few years, as the country has no explicit protection for those like in many U.S. states. But the Bachchans' lawsuits are the most high-profile to date about the interplay of personality rights and the risk that misleading or deepfake YouTube videos could train other AI models. The actors argue that YouTube's content and third-party training policy is concerning as it lets users consent to sharing of a video they created to train rival AI models, risking further proliferation of misleading content online, according to near-identical filings from Abhishek and Aishwarya dated September 6, which are not public.

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US has threatened even higher tariffs and the possible loss of military support

Taiwan has rejected US demands to shift semiconductor manufacturing so that half of America's chip needs are produced domestically, as tariff negotiations with the Trump administration intensify.…

The mass adoption of ChatGPT is yet to have a big disruptive impact on US jobs, contradicting claims by chief executives and tech bosses that AI is already upending labour markets. Financial Times: Research from economists at the Yale University Budget Lab and the Brookings Institution think-tank indicates that, since OpenAI launched its popular chatbot in November 2022, generative AI has not had a more dramatic effect on employment than earlier technological breakthroughs. The research, based on an analysis of official data on the labour market and figures from the tech industry on usage and exposure to AI, also finds little evidence that the tools are putting people out of work. The study follows widespread concern that generative AI will spark job losses -- and even the disappearance of certain types of work -- amid a US labour market that has recently weakened.

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The physics of transistors and politics of trading licenses are colliding on the AI frontier

Analysis Few of us would have imagined that national security would play such a key role in AI hardware, even dictating its development, but here we are – in a new era of export controls.…

An anonymous reader quotes a report from CNBC: Lufthansa announced plans to cut 4,000 roles on Monday as it aims to increase profitability and lean on AI to drive efficiency. The airline group said it will eliminate a total of 4,000 FTE, or full-time equivalent, roles worldwide by 2030. The company is targeting primarily admin roles, the majority of which will be affected at its home base in Germany, as part of a broader restructuring strategy. "The Lufthansa Group is reviewing which activities will no longer be necessary in the future, for example due to duplication of work. In particular, the profound changes brought about by digitalization and the increased use of artificial intelligence will lead to greater efficiency in many areas and processes," the company said in a release issued during its Capital Markets Day in Munich. CEO Sebastian Siemiatkowski said earlier this year that artificial intelligence had partially helped to shrink the company's headcount by 40% down from 5,000 employees to almost 3,000.

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Another thing you can blame on the hypefest: demand sends HBM costs up 120% in a year

Raspberry Pi is upping the cost of some devices by double-digit percentages from today driven by what CEO Eben Upton calls "insatiable demand for high-bandwidth memory (HBM) for AI applications."…

Allianz Life and WestJet lead the way, along with a niche software shop

A trio of companies disclosed data breaches this week affecting approximately 3.7 million customers and employees across North America.…

Dangles free product licenses in return for code-related data for its training

IDE and developer tools biz JetBrains believes training AI models on public datasets is insufficient, and is offering free product licenses to organizations that are willing to share detailed code-related data.…

Only 15% considering deployments and just 7% say it'll replace humans in next four years

Enterprises aren't keen on letting autonomous agents take the wheel amid fears over trust and security as research once again shows that AI hype is crashing against the rocks of reality.…

Chip designer tells The Reg it plans to appeal

Qualcomm is claiming complete victory over Arm in their licensing spat, after a court in Delaware ruled it has not breached the terms of any architecture license agreement (ALA) with the chip designer.…

ICO investigation into platform's lack of age assurance continues

The UK's data watchdog has described Imgur's move to block UK users as "a commercial decision" after signaling plans to fine parent company MediaLab.…

alternative_right shares a report from Phys.org: For the first time, a new study has tested the effectiveness of trigger warnings in real life scenarios, revealing that the vast majority of young adults choose to ignore them. A new Flinders University study has found that nearly 90% of young people who saw a trigger warning still chose to view the content, saying that they did so out of curiosity, rather than because they felt emotionally prepared or protected. The findings published in the Journal of Behavior Therapy and Experimental Psychiatry aligned with a growing body of lab-based research suggesting that trigger warnings rarely lead to the avoidance of potentially distressing material.

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