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John Hawksworth Up to around 30 per cent of existing UK jobs could face automation over the next 15 years, but new AI-related technologies will also boost productivity and generate additional jobs elsewhere in the economy, according to new analysis by PwC in its latest UK Economic Outlook report.

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The Industry Technology Facilitator (ITF) and the Oil & Gas Innovation Centre (OGIC) have joined forces to fund and support the development of innovations which could reduce costs, raise production efficiency, and improve safety and environmental performance.

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The prospect of an out-of-court settlement between Royal Bank of Scotland and a shareholder action group that claims its members were misled by the bank in the run-up to it’s £12 billion rights issue in 2008 has been thrown into doubt over levels of compensation.

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