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Finance

Financial news and updates

Block slashes 4,000 jobs in latest AI warning

Block slashes 4,000 jobs in latest AI warning

Payments giant Block will slash nearly half its workforce, cutting more than 4,000 roles as it pivots towards a business model built around AI and leaner teams. In a message to staff, the company conf...

Feb 27, 2026
Sunak pushes deregulation as North Sea pressure grows

Sunak pushes deregulation as North Sea pressure grows

Rishi Sunak has urged Rachel Reeves to go further and faster on deregulation to revive growth, as eight former UK energy ministers call on the government to rethink its stance on North Sea oil and gas...

Mar 01, 2026
Private sector to decline but City to buck trend

Private sector to decline but City to buck trend

Activity in the private sector is forecast to decline over the next three months but firms across business and professional services are set to enjoy their best quarter since 2024, the UK’s leading in...

Mar 02, 2026