Day Headlines in Business News: 2026-01-14
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California investigates Grok over AI deepfakes (BBC Business 2026-01-14 20:19:22)
The state attorney general urges xAI to take action over the "shocking" material as Musk denies the allegations.
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Reeves doesn't rule out wider business rates support across hospitality (BBC Business 2026-01-14 17:38:35)
Chancellor says support for pubs is on its way and leaves the door open for further tweaks to business rates changes
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Shop for small businesses shuts after low sales (BBC Business 2026-01-14 16:57:33)
The businesses' co-owner says it is because of a lack of sales and high overheads.
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Why the Northern Powerhouse Rail plan will really go ahead this time (BBC Business 2026-01-14 15:58:10)
Faisal Islam says the Labour argues the difference in its plans this time is that the planning has come first.
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TGI Fridays closes 16 UK stores, with 456 job losses (BBC Business 2026-01-14 14:57:23)
The UK restaurant chain's remaining 33 restaurants will stay open after a rescue deal was reached.
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X to comply with UK law over Grok deepfakes, Starmer says (BBC Business 2026-01-14 14:44:53)
The prime minister says he's been told Elon Musk's X is taking steps to make it's in "full compliance with UK law."
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No 10 welcomes reports X is addressing Grok deepfakes (BBC Business 2026-01-14 14:44:53)
The use of the AI tool to digitally undress women has sparked a backlash as well as intervention from the government and regulator.
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Chancellor 'particularly concerned' about pub business rates (BBC Business 2026-01-14 13:03:40)
Chancellor hints there will not be more support for other hospitality businesses to soften the impact of rate rises.
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Reeves vows rail plan will go ahead, despite cynicism (BBC Business 2026-01-14 12:41:58)
The scheme will be delivered in phases, starting with upgrades to lines between Leeds, York, Bradford and Sheffield.
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Rail upgrade 'will actually happen' after delays, Reeves says (BBC Business 2026-01-14 11:20:24)
The scheme will be delivered in phases, starting with upgrades to lines between Leeds, York, Bradford and Sheffield.
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UK secures record supply of offshore wind projects (BBC Business 2026-01-14 09:10:24)
The government needs to significantly boost its capacity of offshore wind projects if it is to meet its clean power targets.
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China announces record $1tn trade surplus despite Trump tariffs (BBC Business 2026-01-14 07:30:30)
Beijing reported the largest-ever trade surplus at $1.19tn as China diversified its trade.
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Saks files for bankruptcy. What went wrong at the luxury retailer? (BBC Business 2026-01-14 07:17:50)
Saks Global, which owns Saks Fifth Avenue and Neiman Marcus, files for Chapter 11 bankruptcy protection, leaving questions about the luxury retailer's future.
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China announces record trade surplus despite Trump tariffs (BBC Business 2026-01-14 07:08:39)
Beijing reported the largest-ever trade surplus at $1.19tn as China diversified its trade.
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US approves sale of Nvidia's advanced AI chips to China (BBC Business 2026-01-14 03:20:17)
Nvidia has been caught in a tug-of-war between the US and China as the countries compete for AI dominance.
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Honey, I shrunk the data centres: Is small the new big? (BBC Business 2026-01-14 00:07:50)
Huge data centres are being built to handle AI computing but some experts say they aren't necessary.