Jitters on oil and bond markets as US-Iran peace talks stall

In recent weeks, giants including Google, Amazon, Meta, as well as smaller firms such as Pinterest and Atlassian, have all announced or warned of plans to shrink their workforce, pointing to developments in AI that they say are allowing their firms to do more with fewer people.

Jacob Panons & Joshua AskewSouth East Getty Images South East Water is set to operate bottled water stations again on Thursday Regulator Ofwat has opened an investigation into South East Water after repeated water supply failures across Kent and Sussex. Some 30,000 properties had no water at the height of the problems, with thousands still…

Liz McKeown, director of economic statistics at the Office for National Statistics (ONS) figures, said: “Alongside falling unemployment, the number of people not actively seeking work increased, with data suggesting fewer students seeking work alongside their studies.”