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They said the university's net assets of about £3bn made it one of the richest in the country and suggested savings could be made by using reserves or cutting capital expenditure.

To entice production back to California, state legislators are proposing to increase its film tax credit to cover up to 35% of qualified expenditures for movies and TV series shot in the Los Angeles region.

The project is included in the Measure M expenditure plan, which allocated $425 million for construction.

As they ramp up their AI investments, tech companies also are spending more than analysts anticipated on capital expenditures such as data centers and servers.

He suggests creating a detailed budget that captures all your income and expenditure.