PRESS DIGEST — British Business — September 24
Sept 24 (Reuters) — The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - A venture capital fund set up by Henry Dimbleby, the co-founder of Leon, has secured £20 million ($26.47 million) from Tesco and a commitment to be its anchor partner as it attempts to transform Britai's food system. - Nvidia CEO Jensen Huang has said that artificial intelligence labs should be closed down if they cannot prevent their models from going rogue. The Guardian - Paris-based Organisation for Economic Co-operation and Development (OECD), the International Monetary Fund (IMF) and the International Institute of Finance (IIF), the voice of global banking, on Wednesday highlighted the dangers of soaring interest rates on $365 trillion in global borrowing. - Legal & General plans to cut 1,000 jobs by the middle of next year, about a tenth of the British insurance and pensions firm's workforce. The Telegraph - Ryanair boss Michael O'Leary said that piling a hotel tax on top of existing levies on flights will lead international travellers to desert the UK and holiday elsewhere. Sky News - The