Afternoon briefing Monday 31st August

0:00This episode of the Times Radio News Briefing is sponsored by PwCWC. Staying competitive means getting ahead, not just keeping up. So how do business leaders cut through the noise and focus on what really matters. PwC takes you further with tech, from optimising the systems that put your data to work, to scaling AI from proof of concept to competitive edge. PwC helps you meet tomorrow's tech demands so you can compete at a speed that rewrites the rules. Discover more at pwc.co.uk. Welcome to the Times Radio afternoon briefing on Monday 31st August. The government is trying to reassure the victims of domestic abuse after announcing that prisoners convicted of that offence will still be released early.

0:46Campaigners say women will be forced to take measures to protect themselves. But Justice Minister Alex Davis-Jones has told Times Radio there will be extra restrictions. The presumption will be now that every offender who is released from prison will be tagged with a GPS tag. They will have strict conditions placed on their liberty. They won't be able to go to the pub. They won't be able to go to public events. They could have their driving licence taken away from them, for example. So all of this feeding into a package to ensure that we take victims' views into account on their offender's release.

1:16The Times reports that more people were recalled to prison than were released in the first three months of this year. Former Tory MP Sir Robert Neill, who used to chair the Justice Committee, says some former inmates should not be back behind bars. If somebody's on licence and they commit another serious offence, well, they've broken the deal and they deserve to go back to prison. But very often people are being recalled for actually what are administrative things, failure to turn up for a probation appointment, etc. Now, that's not right, but it doesn't warrant, to my mind, a recall for what could be another two years before you even get a parole hearing.

1:53A crisis response team from the UK has arrived in Kathmandu to support the families of 33 missing British tourists following the major flooding in Nepal. rescue teams looking for survivors and the bodies of victims are being warned to exercise caution after the floodwaters rose again the times is chief news correspondent david brown is there the mud is treacherous i was warned yesterday visiting one village next to a river watch out for the quicksand they called it if you went wrong you would be up you would step and you'd be up to your waist in this mud with the water rising next to you it's this thick gloopy gray mud.

2:31It's covering two stories of a house. And the governor of the Bank of England says a burst in the AI bubble could cause stock markets to drop across the world. In a letter to G20 finance ministers, Andrew Bailey says a lot of AI investment has been fuelled by debt. Economist Julian Jessop says there is something in this. The strength of the AI stocks in equity markets have been a key driver of wealth creation over the last few years. So if there's going to be a stock market correction on the back of the bursting of an AI bubble, that has a big effect on the wider economy. But also these companies themselves have been borrowing an enormous amount of money in the global bond markets.

3:12And by the way, that's one of the reasons why the cost of government borrowing has gone up is because of the competition from these companies. You can follow the Times Radio News Briefing on Spotify and listen live to Times Radio online. This episode of the Times Radio News Briefing is sponsored by PwC. AI is everywhere. In the news, in our hands, but return on investment, not so much. So how do you get beyond the hype and deliver AI that powers reinvention and growth across your business? Strong foundations unlock AI's potential. That's why PwC takes you further with tech, strengthening the data quality, processes and workflows that shape how well AI performs.

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