Microsoft cuts 4,800 jobs as it revamps Xbox in latest wave of mass layoffs
Thousands of gaming jobs will be shed over the coming fiscal year as Microsoft continues to invest heavily in AI
Economy
Boost City regulator’s powers to help protect UK consumers from AI, says watchdog
Ministers have been urged to toughen the City regulator’s powers to protect consumers against the potential risks of AI, according to a landmark review.
FCA publishes landmark review into impact of AI on retail financial services
The review sets out how AI could reshape retail financial services for consumers, firms, markets and regulators by 2030 and beyond.
How BT’s ‘no nonsense’ first female chief helped turn company around
Since becoming BT’s first female chief executive more than two years ago the company’s share price has climbed 80%, an investor-pleasing turnaround that has seen Kirkby well-rewarded with a pay and bonus package of £5.6…
Sky owner announces £1.6bn takeover of ITV’s broadcasting arm
Sky has announced a long-awaited £1.6bn deal to buy ITV’s broadcasting and streaming arm to create the UK’s biggest commercial broadcaster.
Bank of England appoints Rhys Phillips as the new Chief Cashier
The Governor of the Bank of England, Andrew Bailey, has announced that Rhys Phillips will be the next Chief Cashier and Director of Notes. He will take up the role on 19 October 2026.
Sky owner strikes £1.6bn deal to buy ITV broadcasting in ‘rapidly changing’ media landscape - business live
Introduction: Sky owner agrees to buy ITV's broadcasting business in £1.6bn deal
Revealed: landmark Scottish AI project has no prospect of meeting renewables promise
‘It’s smoke and mirrors’: hope turns to fear in Scottish village chosen for AI datacentre
EV charger rollout in UK slows amid political uncertainty and rise in installation costs
Growth in charge points falls markedly despite surge in number of rapid-charging units
Big brewers ‘misleading drinkers’ over craft beer credentials, says Camra
Big brewers are misleading drinkers about their products’ “craft” credentials and geographical origin, the ale enthusiasts’ club Camra has claimed, as it called on the consumer watchdog to investigate the beer market.
A Place in the Sun review – subversive exposé of picture-postcard luxury in the Canary Islands
Every year, millions of tourists flock to the Canary Islands, a Spanish archipelago in the Atlantic Ocean where the sun always shines. Through static shots resembling picture postcards, Mette Carla Albrechtsen’s pastel-…
Making public transport fully accessible ‘could boost UK economy by £176bn’
Investing in the UK transport network to make it fully accessible to disabled passengers could boost the economy by £176bn by helping millions more people into work, according to a report.
Mobile internet coverage in UK worse than any EU or G7 country, Which? says
British holidaymakers watching online videos while they sit on a European beach this summer are likely to be pleasantly surprised: the signal should be better than at home.
Bipartisan bill fails to protect US consumers from datacenters’ true costs, critics warn
Experts say Ratepayer Protection Act ‘posing as a consumer protection measure’ and will raise prices on working people
Delivery firm Evri sues BBC for £1.2m over Panorama documentary
The parcel delivery company Evri is suing the BBC for £1.2m over a documentary it claims caused it serious financial loss.
The Guardian view on private equity in the public sector: children’s services must be freed from debt-fuelled takeovers | Editorial
New analysis by the Guardian has revealed the disturbing extent of these firms’ influence in highly sensitive areas
‘Did Westminster just ignore buses?’ Burnham aims to shake up UK transport
In the fourth of a series on nationalisation, we look at plans to emulate Manchester’s Bee Network in Britain’s buses and rail
‘New direction, same old problems’: the economic challenges facing Andy Burnham | Richard Partington
In politics, timing and luck matter. Tony Blair had astounding good fortune, benefiting from goldilocks economic conditions and a weak opposition. Others have taken charge in tougher times: in the 1970s Harold Wilson fa…
I’ve seen what the death of major industry did to Britain. Without a good revival plan, Burnham cannot succeed | John Harris
In the autumn of 2005, Tony Blair gave one of his most unhinged and fascinating speeches as prime minister. “I hear people say we have to stop and debate globalisation,” he said . “You might as well debate whether autum…
Make Ed Miliband chancellor, ex-chief Treasury adviser tells Andy Burnham
Nicholas Stern joins growing number backing Miliband, saying he has vision and experience to revive economy
A footballing deepfake: how Bruno Fernandes fell victim to an unlicensed betting operator
Respect of copyright law has never ranked highly in the list of priorities for unlicensed sports betting operators. Crests of famous clubs and photographs of star players are routinely used to promote brands which could…
Not cool: the air conditioning scams offering fake deals in the heatwave
With the UK heatwave expected to increase temperatures over the next week, you decide to invest in an air conditioning unit. But they are expensive, and stocks are running out in the shops as everyone else has had the s…
In a pickle: US pickle company pulls out of DC fair over Confederate flag
Mt Olive Pickle Company says it was unaware image of flag was included in exhibit, and cites value of ‘human dignity’
What impact will Andy Burnham have on Zack Polanski and the Greens?
The shift was notable. A week after Keir Starmer said he would resign, YouGov polling showed Labour up two points and the Greens down by the same amount. Might an Andy Burnham premiership mean a rethink for Zack Polansk…