He proposes equalising capital gains tax with income tax, in a reform he estimates could raise £12bn a year. ...
TikTok and YouTube ‘not safe enough’ for kids, says OfcomTikTok and YouTube ‘not safe enough’ for kids, says Ofcom
YouTube said it worked with experts to provide appropriate experiences. TikTok said it was disappointed Ofcom had not acknowledged its safety features. ...
Children in England to be offered free bus trips this AugustChildren in England to be offered free bus trips this August
Chancellor Rachel Reeves is to reveal a £100m fare-free bus scheme designed to relieve cost-of-living pressures. ...
UK agrees £3.7bn trade deal with six Gulf statesUK agrees £3.7bn trade deal with six Gulf states
The deal will remove an estimated £580m worth of tariffs from British exports, but rights groups are critical ...
Watch: BBC in Cuba after US announces criminal charges against Raúl CastroWatch: BBC in Cuba after US announces criminal charges against Raúl Castro
BBC correspondent Will Grant reports from Havana, hours after the US charged former Cuban leader with conspiracy to kill US nationals and other crimes. ...
DeepMind founder Demis Hassabis on what Google AI products say about ‘singularity’DeepMind founder Demis Hassabis on what Google AI products say about ‘singularity’
The Scoop After more than two hours of announcements at Google I/O that included flashy new models, AI agents, a smarter search box, tools for work and video creation, and smart glasses, Google DeepMind CEO Demis Hassabis delivered a poetic, if slightly abrupt kicker: “We’re at the foothills of the ...
Meta begins layoffs amid rising AI angstMeta begins layoffs amid rising AI angst
Meta began laying off thousands of workers on Wednesday, with plans to axe 10% of its staff to offset AI costs, and move another 7,000 into AI-focused roles. The market may respond positively when tech companies cite AI for layoffs — Meta’s shares went up Wednesday — but the industry-wide ...
Nvidia beats on earnings, but faces headwindsNvidia beats on earnings, but faces headwinds
Nvidia’s revenue topped estimates for the latest quarter, the chip giant reported Wednesday, but it faces challenges ranging from macroeconomic headwinds and its China business to sky-high market expectations. Despite its blockbuster earnings streak, Nvidia shares have tumbled following the past three quarterly reports. “Analyst expectations may have hit unattainable ...
Western nations let Russia in from the coldWestern nations let Russia in from the cold
Energy price spikes from the Iran war are forcing Western countries to let Russia in from the cold. The US extended Russian oil waivers this week, and the UK on Tuesday softened sanctions on jet fuel refined in third countries using Russian oil, imports of which were banned since the ...
OpenAI, SpaceX IPOs on deckOpenAI, SpaceX IPOs on deck
The market is bracing for two massive initial public offerings from two tech rivals. Elon Musk’s SpaceX on Wednesday officially disclosed plans to list on the Nasdaq. But OpenAI, led by Sam Altman, who this week fended off a lawsuit from Musk — threatens to steal the thunder from SpaceX, ...