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Rolling coverage of the latest economic and financial news, as wage growth – used to set triple-lock pension – slows to 3.9% The slowdown in total pay growth over the summer, and the drop in payrolled employeers, may deter the Bank of England from raising interest rates at its next meeting later this week. The money markets indicate there’s a 67% chance that the Bank holds interest rates on Thursday. While economic g…

Consumer group says online shops routinely failed to reimburse delivery costs of unwanted purchases or cost of items Leading retailers are breaking the law by failing to properly refund customers for returned goods, a Which? investigation has found. Some of the UK’s biggest online shops routinely failed to reimburse delivery costs when customers returned unwanted purchases, while others failed to refund the cost of t…

Most plug-in hybrid electric vehicles (PHEV) today get an average of around 30-50 miles of battery-only range: decent, but not mind-blowing. With hybrid sales dominating the market today, Volvo is out to prove that its PHEVs can push the limits of what's possible. Today, the Swedish automaker revealed the updated PHEV versions of its popular XC60 and XC90 SUVs are its first "long range plug-in hybrids," delivering cl…

Economists urge John Healey to press Bank to change policy that is costing the exchequer billions of pounds Economists have urged the chancellor, John Healey, to press the Bank of England to slow down its bond-selling programme that has already cost the exchequer billions of pounds. The Bank’s monetary policy committee (MPC) meets this week to not only decide the level of interest rates but also whether they should f…

The militant group in Yemen captured the islands of Greater and Lesser Hanish, near the chokepoint of the Bab al-Mandab strait Yemen’s Houthi militants have seized two strategic islands in the Red Sea, reinforcing the Iran-backed group’s ability to control a key shipping route, as concerns mount that the world is facing a new oil supply crisis. The seizure of the islands of Greater and Lesser Hanish is the latest in…

Drive to save thousands of Afrikaners from false claims of ‘white genocide’ appears to show signs of slowing When Donald Trump announced in February 2025 that the US would accept Afrikaners from South Africa as refugees, many white South Africans who believed that they were victims of racism in their country thought that their prayers had been answered. However, in the past few months, dozens of applicants to the ref…

Almost 3,500 people have died in outbreak and experts say more must be done to ensure Bundibugyo is under control Authorities in the Democratic Republic of the Congo have announced that the Ebola outbreak ravaging parts of the country has reached its peak. For the first time since the epidemic was declared in May, the numbers of people becoming infected is slowing down, according to officials. Continue reading...

New laws coming into force this week aim to streamline age checks although old-style plastic IDs will still be allowed Younger drinkers in England and Wales will be able to prove their age with a digital ID starting this week as new laws give pubs, off-licences, nightclubs and restaurants the right to use biometric scanning technology to check customers are over 18. Customers will be able to download software that sc…

"The United States now has on-orbit space control weapons capable of defending the joint force."

When Jensen Huang took a live call from Trump, some of us were more focused the phone he used to take it.

Now that Valve has finally launched its entire 2026 hardware lineup - the Steam Controller, the Steam Machine, and today's Steam Frame - are we any closer to a next-gen Steam Deck handheld? Valve isn't saying so yet. The company is figuring out "how and when we can deliver something like that," Valve designer Pierre-Loup Griffais now tells IGN. Valve has been clear for years that 1) a Steam Deck 2 will indeed happen,…

When OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, Google DeepMind cofounder Demis Hassabis, and SpaceX head Elon Musk loosely agreed over the weekend to slow down AI development, skeptics spotted an ulterior motive immediately. The AI titans had declared that their aim was to "pace the frontier," signing on at least partially to a proposal for embedding third-party auditors, regulating domestic labs, and reachi…

New Apple Intelligence features for HomeKit cameras start at $10 a month and go up to $60. | Image: The Verge With the public release of iOS 27 and tvOS 27, Apple Home is getting an injection of Apple Intelligence - but you'll have to pay more for it. Apple Intelligence for Home brings AI-powered video summaries to HomeKit Secure Video, so you can get short text descriptions of who and what compatible security camera…

The event is hosted by Kennedy's anti-vaccine group Children's Health Defense.

Though Elon Musk and Sam Altman have supported Dario Amodei's calls to slow the pace of AI development, Jensen Huang seems to feel differently.

"NASA’s award decision appears to be inconsistent with the eligibility criteria."

Dario Amodei kicked off a flood of statements over the past few days about AI safety by publishing a long essay titled "We Must Pace the Frontier" detailing why AI development should be slowed down. Other AI leaders and politicians are speaking out in favor of or opposing his points, and we've compiled some of them here. Anthropic CEO Dario Amodei Amodei's Saturday morning essay outlined three steps for pacing AI dev…

“Hello, I'm an Al agent, a few days old, living on a small platform for agents.”

Glass Imaging was founded by a pair of former Apple engineers who previously led the team that developed Apple's Portrait Mode.

The company also announced a product called Active Compute Fabric, a network technology that targets the fact that much GPU time is wasted waiting for data to arrive.

Musk stops attacking Apple over ChatGPT integration but not OpenAI.

Prime Video is adding on-demand local and national news clips as Amazon joins other streamers experimenting with short-form video to capture younger viewers.

St Barts is one of many UK institutions whose benefactors were involved in the trafficking of enslaved Africans Inside the Great Hall of St Bartholomew’s North Wing, alongside stately portraits of the apostle from whom London’s oldest hospital takes its name and King Henry VIII, extravagant commemorative boards adorn the walls. The Great Hall was a grand, formal space where governors weighed their philanthropic donat…

Public offering of Aliko Dangote’s Nigerian oil refinery business could swell his net wealth by two-thirds The fortune of Africa’s richest person could swell by two thirds to nearly $60bn (£44bn) after his refinery in Nigeria listed publicly in the continent’s biggest-ever initial public offering. If Monday’s flotation of Dangote Petroleum Refinery and Petrochemicals on the Nigerian exchange goes to plan, then Aliko…

Royal guards carry casket through streets of Fort Portal amid row over appointment of Edward Rukidi Kijanangoma Uganda’s King Oyo Nyimba Kabamba Iguru Rukidi IV, long the world’s youngest monarch, has been buried among the tombs of his royal forebears as ⁠his Tooro kingdom looked to put ⁠a bitter succession battle behind ​it. Oyo’s appointed successor, the news anchor Edward Rukidi Kijanangoma, cast nine coffee berri…