Bank of England’s Breeden warns Iran war could set off bond and private credit crisis April 17, 2026 The energy crisis set off by Donald Trump’s war in Iran has made a financial crash more likely, according to the Bank of England’s financial stability chief, who warned that private credit, sky-high sovereign debt and stock market exuberance posed salient threats to the global economy. Sarah Breeden, the central bank’s deputy governor for financial [...]
AI job cuts top 50,000 in 2026 as Snap, Oracle, Meta slash roles April 16, 2026 More than 50,000 tech jobs have been cut in 2026 as tech behemoths such as Snap, Oracle and Meta link layoffs to AI and a shift in spending towards AI infrastructure. Recent figures from Challenger, Gray & Christmas show over 52,000 roles were eliminated in the sector in the first quarter alone, with AI cited [...]
OK computer: will AI be telling you how to shop? April 14, 2026 Hyped as a “seamless” user experience and an opportunity for retailers to access “hundreds of millions” of consumers via ChatGPT, OpenAI walked back from its Instant Checkout shopping function at the end of March, just months before unveiling it. The tool would have allowed users to complete purchases entirely within ChatGPT, but the Silicon Valley [...]
Will this year’s university cohort be able to get a job? April 6, 2026 At a time when many university students are revising for their final exams, data from the Office for National Statistics highlights a sharp slowdown in entry-level hiring, leaving this year’s cohort facing growing uncertainty about what awaits them after graduation, says Rod Flavell With just three months to go before exams and the transition into [...]
Look East to understand how AI is shaping the future April 2, 2026 While the West is still debating an AI bubble, China and Singapore are developing strategies to adapt to the forthcoming civilisational change, says Lewis Liu Over the past few months, I’ve spoken with hundreds of asset managers, pension funds, central banks, and sovereign treasuries about AI, collectively managing over $100tn in assets. The same three [...]
Britain’s most AI-exposed sectors foot biggest tax bill March 31, 2026 The UK sectors most exposed to artificial AI are concentrated in the same parts of the economy that generate the bulk of tax revenues, according to government and industry data. A 2026 assessment from the UK government shows AI is most applicable to tasks involving data processing, analysis and routine cognitive work, activities concentrated in [...]
OpenAI investor calls for tax overhaul as AI reshapes jobs market March 29, 2026 An early investor in OpenAI has called for a radical overhaul of the US tax system in anticipation that the rise of AI will necessitate a shift from taxing labour to taxing capital. American businessman and venture capitalist Vinod Khosla has said that as the accelerated automation of the workforce fuels public anxiety over job [...]
Will AI replace gambling as Premier League front-of-shirt preference? March 29, 2026 AI companies have set their sights on sports. The Premier League already has competition-wide AI deals with Microsoft and Adobe, and recently Chelsea FC cut a front of shirt deal with industrial AI company IFS. These firms are in an extraordinary period of growth, and they have deep pockets to elevate their brands. They know [...]
Worried about AI taking your job? Zuckerberg is building one to do his March 23, 2026 While much of the debate around AI has swirled around which jobs it may inevitably replace, Big Tech behemoth Mark Zuckerberg is placing the technology at the helm of his trillion dollar business. The Meta chief executive is developing a personal AI agent designed to assist with his role, retrieving information, and cutting through layers [...]
Reeves hosts top UK scale-ups as new cohort revealed in growth drive March 19, 2026 Rachel Reeves will host the latest cohort of the UK’s top scale-ups at Number 11 tonight, as the government looks to reinforce its pitch as a home for high-growth tech firms. The new intake of Tech Nation’s future fifty programme brings together 25 late-stage companies spanning AI, healthtech, cybersecurity and climate technology, sectors ministers see [...]