Geelong gave my grandfather more disappointment than fulfilment. For me it is the opposite | Dean Sherr
Labor’s Measuring What Matters is a worthy goal – but one that has utterly failed to live up to its promise | Greg Jericho
This week, the Bureau of Statistics realised its latest series of Measuring What Matters in an attempt to assess things beyond the mere economics. It comes off the back of the bureau’s first attempt to measure productivity in the non-market sector. Both raise questions of what we value and also whether our focus is where it should be.In 2020 the then shadow treasurer, Jim Chalmers, announced an ALP government would develop a wellbeing framework that would seek to “measure what matters”. It was a worthy goal mocked by the then treasurer, Josh Frydenberg
UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row - as it happened
Our main story today:UK inflation held steady in August, official figures show, maintaining pressure on households as the Bank of England prepares to keep borrowing costs at elevated levels.Figures from the Office for National Statistics (ONS) show the annual rate of inflation as measured by the consumer prices index remained at 3.8% last month, the same level as July and matching the forecasts of City economists.Financial markets are widely predicting that Bank policymakers will keep interest rates on hold at 4% on Thursday amid signs of sustained inflationary pressures at almost twice its official 2% target rate.The Bank of Canada cut interest rates by a quarter point today, and the US Federal Reserve is expected to make a similar move tonight
What is new in UK-US tech deal and what will it mean for the British economy?
Donald Trump’s arrival in the UK on Tuesday night was accompanied by a multibillion-dollar transatlantic tech agreement.The announcement features some of the biggest names from Silicon Valley: the chipmaker Nvidia; the ChatGPT developer, OpenAI; and Microsoft. Big numbers were involved, with Microsoft hailing its $30bn (£22bn) investment as a major commitment to the UK – and adding, in an apparent swipe at its rivals, that it was not making “empty tech promises”.Here is a breakdown of the announcements in the UK-US “tech prosperity deal”, spelling out what is explicitly new in them.Microsoft’s president, Brad Smith, hailed the “single biggest announcement” in the pact and insisted it was not an empty promise
UK is going to be ‘AI superpower’, says Nvidia boss as he invests £500m
Jensen Huang, the co-founder and chief executive of the US AI chipmaker Nvidia, has predicted “the UK is going to be an AI superpower” as he announced a new £500m investment in a British firm.Huang, who is due to join Donald Trump at Wednesday night’s state banquet with the king, said he was taking an equity stake in NScale, a UK cloud computing company, and predicted it would earn revenues of up to £50bn over the next six years.“We’re here to announce that the UK is going to be an AI superpower,” he told a press conference in London.Huang cited as evidence of Britain’s potential its universities and several companies founded in the UK, ranging from the AI giant DeepMind to the driverless car startup Wayve. “You just don’t appreciate it
Surrey v Nottinghamshire, Sussex v Yorkshire, and more: county cricket, day three – live
Pakistan are 9 for two against UAE in their delayed Asia Cup game. It seems Pakistan initially refused to play after asking for referee Andy Pycroft to be removed. They claimed that Pycroft, the match referee for the game against India, told captain Salman Agha not to shake hands with Suryakumar Yadav at the toss.The PCB tweeted that they had asked the team to attend the game and said that Pycroft had apologised to “the manager and captain of the Pakistan cricket team.”Affection for those sitting, waiting, in The Oval stands
Salt stars in England’s four-wicket victory over Ireland in first T20 international – live reaction
Paul Stirling’s reactionThere were multiple positives to take and hopefully across the three games we can improve. We were pretty happy with 196 – but we also knew we had to get everything right in the field, and we didn’t quite manage that.We kept trying to take wickets. That’s all you can do in cricket these days – there’s no point being ultra-defensive.We’ve got a big winter ahead of us and this is the start of that
‘We were being watched by the KGB’: how Scorpions made Wind of Change
Josh Pyke: ‘I turned around and throat-punched the guy – and the whole gig stopped’
My cultural awakening: a Bastille show helped me get over my crippling Covid-era anxiety
The Guide #208: How theatre is holding its own in the age of artificial intelligence
From Spinal Tap II to Ed Sheeran : your complete entertainment guide to the week ahead
Seth Meyers on Charlie Kirk shooting: ‘Political violence is abhorrent to the highest ideals of this country’