Money Moves

TikTok has announced plans to lay off hundreds of staff in the UK who are responsible for content moderation on its platform. The company stated that it intends to relocate these roles to other European offices as part of an investment in artificial intelligence (AI) to enhance its moderation capabilities. A spokesperson for TikTok explained […]

Revolution Beauty, a fashion brand facing challenges, has reinstated its co-founders, Adam Minto and Tom Allsworth, to take charge of the business following an unsuccessful search for a buyer. The duo had previously resigned due to accounting-related issues. The company, which sells makeup and cosmetics online and through retail partners, announced that it would no

Dinsdale’s joke shop, a well-known establishment in Hull, has been operating for nearly a century. The shop has retained much of its original charm and character over the years. Many locals and visitors regard it as a nostalgic destination, often reminiscing about their childhood experiences there. Dinsdale’s is recognized for its wide assortment of novelty

The UK government is focusing on individuals who continue to claim child benefit after leaving the country, aiming to reduce costs by several hundred million pounds. Currently, child benefit is being paid to 6.9 million households, following an increase in the earning limit for eligibility. Child benefit can be claimed by individuals responsible for a

In Suffolk and beyond, the financial burden of purchasing school uniforms can be significant, often costing hundreds of pounds per child. Recent inflation has exacerbated the issue, leading some families to struggle with the affordability of necessary clothing for their children. To address this, many parents turn to school uniform banks, which provide items such

Millions of people in the UK are expected to experience travel disruptions during the bank holiday weekend, primarily due to a rail strike and ongoing engineering works. A strike by the RMT union, focused on issues of pay, safety, and staffing, will particularly affect the CrossCountry rail routes from Aberdeen to Cornwall, leading to significant

Rail passengers are advised to anticipate “significant disruption” due to CrossCountry’s reduced timetable over the upcoming bank holiday. On Saturday, there will be no train services, as members of the National Union of Rail, Maritime and Transport Workers (RMT) are set to strike. While services on Monday will also be limited, there remains uncertainty regarding

Speciality Steel UK has entered government control, raising concerns about the future of approximately 1,500 jobs at the company. The move comes as the company faces significant operational and financial challenges, leading to its placement under government oversight. Speciality Steel, a key player in the UK steel industry, has been grappling with issues that have

Billionaire Elon Musk and his social media company X have reportedly reached a preliminary settlement with former employees who filed a lawsuit seeking $500 million (£373 million) in severance pay. A court filing submitted on Wednesday indicates that both parties have requested the US appeals court in San Francisco to delay an impending hearing to

Recent graduates in the tech sector face challenges in securing entry-level positions, particularly due to evolving hiring practices influenced by artificial intelligence (AI). Eddie Hart, who graduated in 2024 with a degree in computer science and cybersecurity from Newcastle University, reported that many advertised “junior” roles require two or more years of experience, making it