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Customers sue maker of popular On Cloud shoes over ‘noisy and embarrassing’ squeaks
Posted onAthletic shoe company On is facing a lawsuit from customers who claim that its popular sneakers make a “noisy and embarrassing squeak”. The “CloudTec” sneakers typically cost around $200 (£150) and have holes in the sole designed to make users feel like they are “running on clouds”. Instead, the lawsuit says, they cause issues in…
Is this all good debt or bad debt?
Posted onRachel Reeves warns of harder choices to come as she hints at tax rises
Posted onBecky MortonPolitical reporter Reeves: I will take no risk on public finances Rachel Reeves has said the government is facing difficult choices, as she promised she would not take risks with the public finances. In her speech at Labour’s annual party conference in Liverpool, the chancellor pledged to keep “taxes, inflation and interest rates as…
UK economy sees surprise growth in July helped by AI boom
Posted onRob Arnold, co-founder of Ascendea, an AI firm which employs nine people, believes the UK hasn’t seen the real economic growth potential from the technology yet. He says his company is able to develop apps for other businesses “100 times quicker at a 50th of the cost” because of AI, but that the UK government…
