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(Sharecast News) - Sadiq Khan, the mayor of London, has announced an ambitious plan to add more than 100bn to the capital's economy within a decade. Unveiling what he is calling the London growth plan, Khan said he was allocating hundreds of millions of pounds in devolved funding in an attempt to return the annual productivity growth of the London economy to the levels seen before the 2008 financial crisis. - Guardian
England's most polluting water provider "isn't good enough" at trying to stop sewage dumping, its boss has admitted to MPs. The chief executive of United Utilities defended her 1.4m pay packet, including a 420k bonus, despite the company behind historic spills in Lake Windermere having been found to have polluted more than any other in 2023. - Guardian
Amazon is to start charging a monthly fee for a revamped version of Alexa as the e-commerce giant upgrades its decade-old voice assistant so it can order groceries, make a restaurant booking and hold a conversation with users. The online retailer's new Alexa+ service, which will cost as much as $19.99 (15.74) per month, will be able to understand complicated requests, order items online and manage smart home gadgets. - Telegraph
Nvidia has forecast first-quarter sales ahead of Wall Street expectations as the American artificial intelligence chipmaker recorded strong demand for its next-generation Blackwell chip. The Santa Clara-based company sought to allay investor fears about AI chip demand as it predicted revenue of $43 billion for the next quarter, plus or minus 2 per cent. Analysts had forecast first-quarter revenue of $42.1 billion. - The Times
House values have risen three times faster than those of flats since the beginning of the pandemic, with would-be buyers put off by worries over cladding and service charges. On average, house prices in the UK have risen by 24 per cent over the past five years, compared with a 7 per cent increase in the price of flats, data from Zoopla, the property search website, shows. Flats have risen in value by 0.5 per cent over the past year, while house prices are up by 2.2 per cent, on average, over that time. - The Times
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