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Spending Watchdog Flags £38bn Sizewell C Nuclear Plant Cost as Risky

The National Audit Office warns that the £38bn Sizewell C nuclear plant faces significant cost uncertainties and risks, with benefits for households potentially delayed until 2064. The project’s funding model and potential delays raise concerns about financial impacts on consumers.

3 min read

A curved sign reading 'Sizewell C' sits beside a road with traffic signs and a construction site entrance

Billionaire Paul Singer Set to Profit from Thames Water Rescue Deal

Paul Singer, founder of Elliott Investment Management and a major Trump donor, may profit millions from the UK government's rescue deal for Thames Water amid ongoing negotiations and political controversy.

5 min read

Paul Singer President of Elliott Management.

Meta Enforces AI-Focused Job Transfers Amid Rapid Workforce Reorganization

Meta is rapidly reorganizing its workforce to focus on AI, mandating transfers to new teams and implementing extensive employee monitoring, sparking internal dissent and efforts to unionize amid competitive pressures in AI development.

5 min read

Government Urges UK Supermarkets to Voluntarily Limit Food Prices

The UK government is urging supermarkets to voluntarily cap prices on key groceries like eggs, bread, and milk, offering regulatory relief in exchange. Supermarkets oppose the plan, which follows Scotland's non-voluntary price cap proposal.

1 min read

Getty Images A young man in the meat aisle of a supermarket

Swatch CEO Calls Crowds 'Good News' After Watch Launch Causes Chaos

Swatch CEO Nick Hayek Jr defends the launch of the Royal Pop watch with Audemars Piguet amid large crowds and store closures worldwide. The £335 pocket watch blends pop-art style with luxury design, sparking high demand and reseller activity.

3 min read

Black and white image capturing motion blur of people in a busy urban train station.

Petrol Prices Reach Highest Level Since Iran War Began

Unleaded petrol prices have reached 158.52p per litre, the highest since the Iran war began, driven by rising Brent crude prices and Middle East conflict impacts. Diesel prices also surged, while fuel duty plans may be reconsidered amid rising costs.

2 min read

Maskot/Getty Images Woman filling up her car with petrol

AI Industry Emerges as True Winner in Musk-Altman Legal Battle

The Musk-Altman trial highlights the AI industry's competitive nature and substantial value, revealing personal rivalries and raising questions about governance and public trust.

4 min read

Reuters/Vicki Behringer Elon Musk speaks with U.S. District Judge Yvonne Gonzalez Rogers during his cross examination by OpenAI attorney William Savitt as OpenAI CEO Sam Altman watches, during Musk's lawsuit trial over OpenAI's for-profit conversion at a federal courthouse in Oakland, California in a courtroom sketch.

Pocock Calls for CGT Reform Amid Albanese's Lighthearted Response to AI Meme Campaign

Independent senator David Pocock warns proposed capital gains tax changes could drive tech investment offshore. PM Albanese responds with humor to AI-generated memes from startup founders. Politicians and industry leaders call for careful consultation to protect Australia's startup ecosystem.

6 min read

Entrepreneurs and brothers Jacques and Frank Greeff with Anthony Albanese in an AI-generated image created to protest against capital gains tax changes

UK Wage Growth Slows and Unemployment Rises Amid Iran War Impact

UK unemployment rose to 5% and wage growth slowed as businesses respond to the Iran war's economic impact, with job vacancies at a five-year low.

3 min read

A Jobcentre Plus office in Bexleyheath, south-east London.

UK Job Vacancies Drop to Five-Year Low Amid Rising Unemployment

UK job vacancies have fallen to their lowest level in five years, with unemployment rising to 5% and significant drops in hospitality and retail sectors, according to the ONS.

2 min read

Getty Images A young woman speaks on the phone while inputting information into a point-of-sale terminal in a busy bar, with glasses on the bar next to the worker and other bar tenders in the background next to bottles on display on the shelves.

Starbucks Korea CEO Fired Over Controversial 'Tank Day' Promotion

Starbucks Korea's CEO was fired after a 'Tank Day' promotion sparked outrage for referencing the 1980 Gwangju Uprising, leading to boycotts and presidential criticism.

4 min read

Getty Images The shopfront of a Starbucks branch in Seoul

Charity Shop Boosts Sales Dramatically by Moving Outdoors One Day a Week

Audlem Charity Shop in Cheshire boosted takings from a few hundred pounds weekly to over £1,200 a day by selling donated goods outdoors one day a week, benefiting local health charities including St Luke's Hospice Cheshire.

2 min read

BBC Two women look at the camera, smiling. One has short grey hair and a dark blue jacket, the other has longer hair and glasses, and is wearing a fleece.