Money Moves

A recent study by the British Standards Institution (BSI) has highlighted concerns regarding the impact of artificial intelligence (AI) on entry-level job opportunities for young people entering the workforce. According to the report, many business leaders are prioritizing AI solutions over hiring new staff, with 41% indicating that AI has enabled them to reduce their […]

The UK government has announced that all victims of the Post Office Horizon IT scandal will be eligible for free legal advice regarding compensation claims. This decision is part of a series of updates to existing compensation schemes aimed at assisting those impacted by what has been termed one of the UK’s most significant miscarriages

Jaguar Land Rover (JLR) has resumed Range Rover production at its Solihull facility. Approximately 1,000 employees have also returned to work at the company’s Wolverhampton engine plant, marking a step towards restoring full vehicle production. JLR reported a significant decline in sales following a cyber-attack, describing the last quarter as challenging due to this incident

Former President Donald Trump, who previously characterized cryptocurrencies as a scam, has recently altered his perspective. In July, he signed legislation that aims to incorporate cryptocurrencies into the mainstream financial system. Additionally, members of the Trump family have initiated their own ventures in this sector, reportedly generating significant profits and increasing the attention on digital

Millions of households in England are facing increased water bills following appeals made by five water companies to the UK’s Competition and Markets Authority (CMA). The companies involved—Anglian, Northumbrian, Southern, Wessex, and South East—were granted permission to raise bills beyond previously set limits established by the water regulator, Ofwat. Ofwat had imposed an average price

Pubs and bars in England and Wales may experience extended operating hours as the government conducts a fast-tracked review of existing licensing regulations, deemed “outdated.” The proposed changes aim to facilitate outdoor food service and increase opportunities for live music in venues by eliminating what are viewed as unnecessary barriers. A four-week call for evidence

Discord, a messaging platform with over 200 million users predominately among gamers, has reported a potential leak of official ID photos belonging to approximately 70,000 users following a cyber-attack. The breach did not involve any unauthorized access to the Discord platform itself; rather, it targeted a third-party firm responsible for age verification. Users can submit

China has recently implemented stricter regulations governing the export of rare earth elements, which are essential for the production of various high-tech devices. The new guidelines issued by the Ministry of Commerce formalize existing protocols related to processing technologies and prohibit unauthorized collaborations with overseas entities. Under these regulations, China is expected to restrict exports

Jamie Dimon, the CEO of JP Morgan, expressed concerns about a potential decline in US stock markets, suggesting a greater risk of a significant correction than what is currently anticipated. In an interview with the BBC, Dimon stated that he is “far more worried than others” and predicts that such a correction may occur within

Elon Musk has reached a settlement regarding a $128 million lawsuit initiated by four former high-ranking executives at Twitter, now known as X, concerning unpaid severance following his acquisition of the company. The executives, including former CEO Parag Agrawal, claimed they were dismissed “without reason” after Musk took control in 2022, and that they did