BUSINESS

A technical glitch disrupted mobile and digital services for Lloyds Bank, Halifax, and Bank of Scotland, leaving thousands unable to access their accounts and sparking widespread complaints.

Nike's stock has dropped below $40 (£29.55) for the first time in over a decade, raising concerns about its turnaround strategy. Analysts are sceptical, with mixed forecasts on the company's recovery.

A 2025 graduate gave a software job 110% and still faced the axe as US tech cuts hit 149,023 and UK digital hiring is forecast to fall 53%.

A teacher earning $74,000 said unexpected veterinary bills, debt, unpaid leave, and a car accident forced her to take a second job, prompting hundreds of Reddit users to share similar cost-of-living struggles.

The UK-GCC Free Trade Agreement is set to boost British businesses in Dubai, offering new opportunities in technology, green tech, and finance, while reshaping the property market and corporate landscape.

Vadym Shashkov discusses the challenges of deploying AI in enterprise settings, highlighting the need for reliable operations, human oversight, and the gradual expansion of AI capabilities across industries.

UK entrepreneurs are increasingly choosing flexible office spaces over traditional city centre locations due to rising costs and the need for adaptability in a changing business environment.

Amazon faces criticism for allegedly destroying books to digitise them for AI training, raising concerns about the preservation of physical culture and the ethics of AI data sourcing.

August 2026 sees a surge in online slot enthusiasm, with Stake Casino offering innovative games and exclusive titles. Players can enjoy demo modes, unique mechanics, and provably fair play.

Morrisons cut nearly 5,000 jobs and saw its debt rise to £7.5 billion, as it struggles with market share loss and financial pressures from a leveraged buyout.

North Yorkshire Council reports a £62.3m funding gap for school maintenance, urging the government for additional support. The council prioritises urgent repairs and safety measures across 175 schools.

Sainsbury's faces scrutiny over its facial recognition rollout after staff wrongly ejected a shopper at its East Dulwich store.

Chris Packham accuses Jeremy Clarkson of presenting an unrealistic view of UK farming in 'Clarkson's Farm', sparking a debate on industrial agriculture's portrayal and its environmental impact.

As AI makes creative production faster and traditional targeting becomes less reliable, the Multiply CEO argues that fintech and AI companies need sharper ideas, not simply more ads.

Oracle's aggressive AI infrastructure expansion has led to significant financial commitments, impacting Larry Ellison's wealth. The company's strategy hinges on future AI demand to justify its debt.

Discover why illegal worker fines keep rising and which trades attract the most official attention. Learn what one missed eligibility check now costs a company.

Ofwat is considering surge pricing for water in England and Wales during droughts, sparking controversy as water companies face criticism for leaks and rising bills

Selena Gomez faces a Wondermind fraud lawsuit as her lawyer calls the claims 'completely meritless' and seeks their dismissal.

Vivian Tu turned criticism into success, becoming a millionaire at 27 and founding Your Rich BFF. Learn about her journey from finance to TikTok, her bestselling books, and her advocacy.

Google co-founder Sergey Brin has spent $102 million to defeat California's Proposition 40, a one-time 5% billionaire tax that would fund Medi-Cal. Bernie Sanders says he could easily pay it.

The COVID-19 pandemic accelerated the shift to online fashion shopping in the UK, with platforms like Shein gaining popularity due to affordability and variety, despite ethical concerns and rising high street prices.

Rebel Creamery filed for Chapter 11 bankruptcy after Van Leeuwen won a £17.6m ($23.785m) judgment over disputed ice cream packaging.

Toby Gilbert of PACT SWAP predicts Bitcoin will hit $150,000 in a year, despite dismissing its gold comparison, sharing insights with 'IBTimes UK' on the market, institutions, and security.

As ticket prices soar, live events like concerts and theatre productions are becoming less accessible, raising concerns about affordability and the potential elitism of entertainment.

British pubs face closures due to rising costs and inflation, with two pubs closing daily. Community staples like The Tavern at Tansley struggle to survive despite local support.

The HENRY phenomenon describes high earners who feel financially stretched despite strong incomes. Lifestyle inflation and financial obligations often prevent them from feeling wealthy, highlighting the difference between income and wealth.

With record-breaking heatwaves in the UK, unions urge the government to set maximum working temperatures in schools to ensure safety and comfort for students and staff.

The UK's services sector, crucial to the economy, is contracting rapidly due to falling demand and rising costs, impacting jobs, consumer confidence, and economic recovery.

Prince Harry and Meghan Markle's commercial ventures highlight their influence on the Royal Family's global brand, showcasing a shift from traditional royal duties to independent entrepreneurship.