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Crocs US sales tumble as shoppers choose trainers
Posted onAdam Hancock & Jennifer Meierhans Business reporters Getty Images Crocs’ share price plunged after the rubber clog-maker revealed a fall in US sales as shoppers chose to spend on trainers ahead of the World Cup and the Olympics. The footwear became a stay-at-home staple during the Covid pandemic and has remained relevant as celebrities embraced…
Higher tax helped government finance reach record January surplus
Posted onIn January 2026, revenue from capital gains tax was nearly £17bn – 69% higher than in January 2025, he said, adding it was likely a reflection of investors disposing of assets since April 2024, ahead of an expected tax rise that came in the October 2024 Budget.
Alan Turing AI boss denies toxic culture accusations
Posted onThe Alan Turing Institute Chair has told the BBC there is “no substance” to a number of serious accusations which rocked the organisation in the summer. In August, whistleblowers accused the charity’s leadership of misusing public funds, overseeing a “toxic internal culture”, and failing to deliver on its mission. They said the Turing Institute, the…
Imgur blocks access to UK users after proposed regulatory fine
Posted onImage-hosting platform Imgur has blocked people in the UK from accessing its content. Imgur is used by millions to make and share images such as memes across the web, particularly on Reddit and in online forums. But UK users trying to access Imgur on Tuesday were met with an error message saying “content not available…
