Tesla sales jump 84% in Europe as electric vehicles now account for more than one in five new cars registered. Germany overtakes UK on EV penetration. Read more: Tesla accelerates European comeback as EV sales surge past one-in-five milestone
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Meta is preparing to cut roughly 10% of its global workforce from May, with further redundancies later in 2026, as Mark Zuckerberg pours hundreds of billions into artificial intelligence. Read more: Meta to axe 8,000 jobs in May as Zuckerberg bets the house on AI
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Meta is preparing to cut roughly 10% of its global workforce from May, with further redundancies later in 2026, as Mark Zuckerberg pours hundreds of billions into artificial intelligence. Read more: Meta to axe 8,000 jobs in May as Zuckerberg bets the house on AI
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OpenAI has signed a lease on an 88,500 sq ft King’s Cross office with capacity for 544 staff, signalling plans to more than double its UK workforce even after scrapping its Tyneside data centre project. Read more: OpenAI doubles down on London with first permanent office despite Stargate U-turn
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Brent crude jumps 4% towards $100 a barrel after Iran closes the Strait of Hormuz in response to Israeli strikes, threatening 20% of global oil and gas supplies. Read more: Oil price surges towards $100 as Middle East ceasefire begins to unravel
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Regions across England and Wales will receive up to £20m each to boost innovation in sectors including AI, clean energy and advanced manufacturing. Read more: Regions from Teesside to Cornwall awarded up to £20m to boost innovation
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Roadchef will invest £300m in UK motorway services after securing 75-year lease extensions, boosting EV charging, HGV facilities and retail. Read more: Roadchef secures 75-year leases to unlock £300m motorway investment
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Innovate UK announces winners of its Agentic AI Pioneers Prize, awarding funding to startups advancing AI in life sciences, manufacturing and creative sectors. Read more: Innovate UK names winners of first Agentic AI pioneers prize
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Octopus Investments plans to cut around 20% of staff as it accelerates AI adoption, highlighting growing disruption across the asset management sector. Read more: Octopus Investments to cut 20% of staff as AI reshapes asset management
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HSBC could cut up to 20,000 jobs globally as it embraces AI to streamline operations, signalling a major shift in banking workforce strategy. Read more: HSBC could cut 20,000 jobs as AI reshapes global banking workforce
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