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Amazon’s Broadband Ambitions & UK Rail Expansion: Top Financial Stories | Business

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Amazon’s Broadband Ambitions & UK Rail Expansion: Top Financial Stories | Business

Amazon’s ambitious satellite project, Project Kuiper, is forging ahead with its plans to introduce a broadband service in the UK. This move is seen as an attempt to compete with Elon Musk’s Starlink, as the tech company founded by Jeff Bezos seeks market share.

In a noteworthy development, Elon Musk has suggested that Nigel Farage be replaced as the leader of Reform UK. The call came just hours after Farage declined to back some of Musk’s recent online assertions.

FirstGroup is paving the way for expansion by negotiating new train routes and bolstering its bus services. This strategic move comes amidst the UK government’s efforts to renationalize railways. Additionally, the UK’s Competition and Markets Authority is testing an AI tool designed to catch companies engaging in procurement collusion.

(With inputs from agencies.)

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