Meta Plans Major Layoffs Amid Rising AI Costs

Meta is reportedly planning sweeping layoffs affecting up to 20% of its workforce as it grapples with high AI infrastructure costs and aims for greater efficiency through AI-assisted workers, according to sources.

NHS and MoD Urged to Buy British AI Tech Amid Crisis

Treasury minister Spencer Livermore announces a push for the NHS and Ministry of Defence to purchase British AI technology to drive growth, as Chancellor Rachel Reeves outlines economic strategy amid the Iran crisis and global uncertainty.

Wealthy Britons Flee Gulf, Avoid UK Over Tax Fears

High-net-worth individuals leaving Gulf countries amid Iran-US tensions are opting for European destinations instead of the UK to avoid significant tax bills, with advisers warning HMRC will not be sympathetic.

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