Snapchat owner cuts 1,000 jobs as says AI will reduce repetitive work
The Snapchat owner is laying off around 16% of staff and withdrawn hundreds of open job roles. Read More
Back to books – Sweden’s schools give up digital learning
Swedish classrooms swap laptops for books, pens and paper, raising concerns from the tech sector. Read More
AA and BSM ordered to refund learner drivers for hidden fees
The owner of the driving schools has been fined for failing to disclose fees upfront online. Read More
‘Bit of pain’ worth long-term security from Iran, Bessent tells BBC
US Treasury Secretary said a “small bit of economic pain” was worth it to eliminate the threat of Iranian strikes on Western capitals. Read More
Help to Buy mostly helped high earners, IFS says
People with lower incomes benefitted less from the house-buying scheme than those with high incomes, the influential think tank says. Read More
Thames Water ‘sleepwalking’ into bad deal for customers, investor says
The troubled utility firm should be put into administration says a frustrated rival bidder. Read More
Households could get free electricity for doing washing on sunny weekends
Providers can encourage people to use energy when “weather conditions result in excess supply”. Read More
Fuel prices stop rising after 43 days of increases, RAC says
The motoring group says prices could start to come down over the next couple of weeks. Read More
UK faces biggest hit to growth from Iran war of major economies, IMF says
The financial body cuts its growth forecast for the UK and warns the war threatens to throw the global economy “off course”. Read More
Amazon to spend $11bn on satellite firm in growing Starlink rivalry
Amazon wants to get thousands more satellites into orbit to offer internet and mobile services. Read More