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Why Britain should reject the lure of cheap – and scary – Chinese AI

17 October 2026 at 11:00

In the west the technology comes with at least some effort to provide security and a benign intent – not so from China

There is much to fear from artificial intelligence developed in China and handed to businesses and governments in the west almost free of charge.

Every month Chinese AI developers such as DeepSeek and Xiaomi dispatch the latest versions of their β€œopen-weight” models that allow users to take the core software and use it without paying an expensive ongoing licence.

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Β© Photograph: GK Images/Alamy

Β© Photograph: GK Images/Alamy

Β© Photograph: GK Images/Alamy

France’s dilemma: protesters demand spending as markets require fiscal restraint

10 October 2026 at 00:00

Waves of protests expose debt crisis faced by French government, but political wrangling is stalling an escape plan. Is there a way out?

Eight years have passed since rising fuel prices brought the gilets jaunes (yellow vest) demonstrators to the streets of France, prompting the first big crisis of Emmanuel Macron’s time in the Γ‰lysΓ©e Palace.

As the French president contemplates his exit next year, turmoil has again gripped the streets in the form of student protests, but this time the financial markets are unhappy too.

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Β© Photograph: Anne-Christine Poujoulat/AFP/Getty Images

Β© Photograph: Anne-Christine Poujoulat/AFP/Getty Images

Β© Photograph: Anne-Christine Poujoulat/AFP/Getty Images

Bank governor urges John Healey to use budget to allay market fears amid bond turmoil

Andrew Bailey tells chancellor β€˜whatever the stance of fiscal policy, it must be credible and be seen as such by financial markets’

The Bank of England governor, Andrew Bailey, has urged the chancellor, John Healey, to agree a budget that reassures financial markets after the UK’s medium-term borrowing costs hit a fresh 19-year high.

With investors offloading government bonds previously considered safe havens amid fears of rising inflation, Bailey told all governments caught in the crosshairs of financial speculators that they needed to avoid market turmoil that raises the interest paid on debt.

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Β© Photograph: Andy Rain/EPA

Β© Photograph: Andy Rain/EPA

Β© Photograph: Andy Rain/EPA

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