Jack Dorseys Block cuts thousands of roles as it embraces AI

The US announced a host of sanctions against Iran and threatened its supporters in what Treasury Secretary Scott Bessent said was “the single greatest financial offensive ever”. Labelling it an “economic D-Day” for Iran, Bessent said the US would sever all economic ties with the country and added that any nation financially partnering with Iran…

Faarea MasudBusiness reporter MedExpress MedExpress’s social media advert was banned for targeting new mums An advert which targeted weight-loss injections at new mums has been banned by the Advertising Standards Authority (ASA). MedExpress’s social media post used a harmful gender stereotype which suggested women should prioritise losing weight soon after giving birth, the ASA said….

The increase for those on variable deals comes as the higher wholesale costs, faced by suppliers, feeds through to bills. The conflict in Iran scuppered Bank of England UK inflation targets of 2% over the next five years. Regulator Ofgem said the war means a household using a typical amount of gas and electricity will…

Andrew SinclairEast of England political editor, Colchester Andrew Sinclair/BBC More than 330,000 people used foodbanks in the East of England in the last year. A notable fall in numbers in 2026 would show that cost of living pressures are easing. Opinion polls suggest just over half of voters see the economy and the cost of…

It’s a chore we all have to do regularly but in 1975 Nationwide went grocery shopping with a couple who bought all their supplies yearly rather than weekly. By borrowing a van and enlisting the help of supermarket staff to push their multiple bulging trollies outside to the carpark, the pair reckoned their £122 annual…