Citrini Research report rattles markets as AI fears deepen tech sell-off Tech A speculative research note imagining an AI-driven economic downturn caused a sharp sell-off in US tech stocks on Monday, adding to pressure already building from new AI tools. The Dow Jones Industrial Average fell 821.9 points on Monday, or 1.7 per cent, while the S&P 500 declined 1 per cent and the Nasdaq Composite slipped [...]
Private sector axes more jobs amid Reeves’ tax and wage pressures Economics The UK’s private sectors culled jobs for the seventeenth consecutive month in February led by a significant drop in the services sector as businesses were still digesting the impact of Labour’s 2024 Autumn Budget. The latest flash Purchasing Managers Index (PMI) from S&P Global described the rate of job shedding in February as at a [...]
Is AI really to blame for Britain’s rising unemployment? Tech Unemployment has risen to 5.2 per cent, the highest level since 2021, as the UK’s labour market continues to cool. But how much of that stagnation can reasonably be attributed to AI? The latest Office for National Statistics (ONS) figures show the jobless rate climbed in the three months to December, while the number of [...]
One in three founders plan job cuts due to AI February 13, 2026 A third of Britain’s scale-up founders are expected to cut jobs in the next year as AI adoption accelerates, new data suggests. A new report by Helm found 33 per cent of founders expect AI to lead job cuts in their business within the next twelve months. Nearly two-thirds, or 64 per cent, said they [...]
Who still gets hired in the 2026 workplace? December 28, 2025 Britain’s labour market has probably never felt more precarious than it does now, as the struggling economy and the rapid rise of AI take effect. Redundancies are at their highest since the pandemic, unemployment has risen to 5.1 per cent, and entry-level opportunities, the traditional stepping stones for grads and young workers, have all but [...]
Robots set to replace couriers at Uber Eats November 20, 2025 Uber Eats and Starship Technologies have announced a partnership to deploy autonomous delivery robots across the UK, Europe, and the US, starting in Leeds this December. While the pair have argued the move promises faster, cheaper, AI-powered deliveries, it may also reignite fears over the future of human couriers. Starship, which operates the world’s largest [...]
Anthropic boss ‘concerned’ about AI’s impact on jobs October 16, 2025 Anthropic boss and co-founder Dario Amodei has warned that the rapid advance of AI could upend the workforce “faster and more broadly than anything we’ve seen before”, even as his company embraces the technology to transform how it operates. Speaking on stage at Salesforce’s Dreamforce conference in San Francisco, Amodei announced that AI tools were [...]