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  • Google UK cuts 400 jobs as turnover nears £3bn

    Tech

    The UK arm of Google cut almost 400 jobs during its latest financial year as its turnover neared the £3bn mark, it has been revealed. The London-headquartered division reduced its headcount from 7,422 to 7,029 in 2024, new accounts filed with Companies House show. The results also reveal that Google UK’s turnover increased in the [...]

    The UK arm of Google is headquartered in London. (Photo by Sean Gallup/Getty Images)
  • FCA and UK payments regulator launch inquiry into ‘risks’ of Paypal, Apple and Google Pay

    Banking

    It follows previous work by the PSR on contactless mobile payments and the FCA’s examination of big tech’s role in financial services.

    The Financial Conduct Authority (FCA) and Payments Systems Regulator (PSR) are weighing up the benefits and risks of digital wallets.

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  • On this day: Britain pays off its debt to America

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