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China’s DeepSeek has shaken up the AI world with the release of an open-source AI model that reportedly outperformed OpenAI’s in several benchmarks. Even more startling is the company’s claim that its AI technology was developed for only $5.6 million. This figure has raised eyebrows, especially as companies like OpenAI and Anthropic have spent hundreds … Read more
Phone snatching has become one of the most common forms of theft, up 150% in the year to September 2024, according to government figures. This is addition to the £3.2 million lost to scams per day. But what actually happens when your phone is stolen? One reader tells us how thousands of pounds were wiped … Read more
Image 1 of 1 (Image credit: Hayman-Joyce) Forge Cottage, Aston Magna, Moreton-in-Marsh, Gloucestershire. A stone cottage with beamed ceilings, flagstone floors, an inglenook fireplace with a wood-burning stove and a split-level courtyard garden with patio areas. 3 bedrooms, 2 bathrooms, 2 receptions, breakfast kitchen, store, garden sheds. Price: £550,000 Hayman-Joyce 01608-651188. Image 1 of 1 … Read more
David McMurtry died on 9 December 2024 at the age of 84. He was an entrepreneur and inventor in the world of precision engineering. Early in his career, he contributed to the Concorde project, but he is best known for his inventions in metrology. His legacy stems not only from his innovative creations and entrepreneurial … Read more
Whether you are trying to switch to a different type of ISA, secure a better interest rate on your cash ISA savings or consolidate your money, it’s important to understand how to transfer an ISA before moving funds. If you withdraw the money and pay it into another account, rather than transferring the ISA, you … Read more
Households are braced for damage to their homes and gardens amid the latest storm to hit the UK. This could cause yet another rise in home insurance claims and payouts but there is a storm definition that insurers can use to reject claims – the 55mph rule. It comes as the Met Office has issued … Read more
As Donald Trump was sworn in as the 47th president of the United States on Monday, only his family stood between him and the tech moguls, among them the three richest men in the world – Tesla’s Elon Musk, Amazon’s Jeff Bezos and Meta’s Mark Zuckerberg. Not since Dwight Eisenhower’s post-war military-industrial complex has there … Read more
The government is set to scale-back its crackdown on non-dom status amid fears of a wealth exodus from the UK. The end of non-dom status in the UK was first announced under the previous Tory government but chancellor Rachel Reeves confirmed in her Autumn Budget that the new Labour government will continued with the policy. … Read more
Get excited! After over two years of writing and editing, I’m thrilled to finally share my upcoming new book with you: Millionaire Milestones: Simple Steps To Seven Figures! If you’ve enjoyed my writing on Financial Samurai over the past 16 years, you’re going to love this book out on May 6, 2025. With over 30 … Read more
Shares in Richemont jumped 15% on 16 January after the luxury group reported a strong holiday season, says Laure Guilbault in Vogue Business. Sales grew by 10% year on year in the fourth quarter of 2024. This not only marks a “return to growth” after a 1% decline in the previous quarter but may also … Read more